Global GPS Sensor Market Size and Forecasts 2030

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    GPS SENSOR MARKET

     

    INTRODUCTION

     GPS sensors are receivers with antennas that employ a satellite-based navigation system to give location, velocity, and time data from a network of 24 satellites in orbit around the earth.

     

    A surface-mount chip in a GPS sensor interprets signals from GPS satellites using a tiny rectangular antenna, which is frequently positioned on top of the GPS chip. A GPS module is typically a tiny board on which the GPS sensor and other parts are placed. In addition to the GPS module, a GPS receiver also has a data display and other parts, like a memory for storing data.

     

    GPS SENSOR MARKET SIZE AND FORECAST

     

    Gps Sensor Market Size

     

     

    The Global GPS sensor market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    GPS SENSOR MARKET NEW PRODUCT LAUNCH

     

    The smallest GPS sensor module has been launched by u-blox. A small antenna and battery are all that are needed for the ultra-low-power u-blox MIA-M10 module to provide trustworthy, long-lasting performance and hasten the creation of small asset tracking systems.

     

    mobile device- Along with consumer items and industrial sensors, the module also addresses the growing market for trackers for humans, animals, and livestock. GNSS performance is not sacrificed by the module’s ultra-low power consumption.

     

    Furthermore, by achieving the ideal balance between position precision and power consumption, its power-saving modes can double battery life. The MIA-M10Q aims to capture a rising market for battery-powered tracking devices with severe size restrictions.

     

    Its small size, low power consumption, and performance make it an ideal choice for highly dynamic applications like small drones, cameras, bike computers, and battery-powered sensors, as well as wearable devices used to monitor the whereabouts and wellbeing of children, the elderly, pets, and livestock. 

     

    The MIA-M10 is the smallest GNSS module currently available; it has the same size as a chip design but all of the advantages of a module.

     

    The MIA-M10 series provides a particularly appealing option for power- and size-constrained end devices, in particular in the expanding wearable tracking device sector, by combining the remarkable sensitivity and quick acquisition times of the ultra-low-power u-blox M10 GNSS platform.

     

    GPS SENSOR MARKET RECENT DEVELOPMENT AND INNOVATION

     

    S No Company Name Development
    1 Vamosys The fuel sensors are Vamosys-Italon fuel sensors with a Russian design. Additionally, they offer school buses, taxis, and public transportation AIS 140 devices that are ARAI certified. 
    2 Bosch The BHI160BP from Bosch Sensortec is the first Position Tracking Smart Sensor on the market, and it uses built-in inertial sensors to enhance GPS location tracking. The system power consumption is reduced by up to 80% because to its ultra-low power position tracking. compared to GPS-only solutions, with seamless localisation. contains a broad range of functions, including gesture recognition and 3D orientation.  
    3

    Nuevas

    The most cutting-edge personal and vehicle tracking system is the Nuevas GPS Tracking System. A vehicle tracking system combines the usage of an automatic vehicle locator in each vehicle with software that gathers fleet data to provide a complete picture of the positions of the vehicles. 

     

    Bosch’s BHI160BP, when coupled with a GPS or GNSS module, enables users to fully use pedestrian position monitoring while consuming up to 80% less system power than a conventional GNSS-only solution and maintaining accuracy.

     

    For wearable applications, users gain from considerably increased battery life and longer charging intervals.A whole new class of small gadgets with even smaller batteries is anticipated as a result of this novel position monitoring technique.

     

    The BHI160BP uses a clever algorithm for Pedestrian Dead Reckoning (PDR) based on inertial sensors to track a person’s position.The BHI160BP’s location tracking functionality enables a device to maintain high accuracy even in areas where the GNSS signal is blocked or marginal, such as within or close to tall structures. 

     

    This guarantees precise pedestrian navigation at all times, even in enclosed spaces that are protected, like subways. The BHI160BP, a new member of the BHI160 family from Bosch Sensortec, enhances position tracking functionality for particular applications. Without the need for an update, it offers a ready-to-use solution that can be rapidly and easily included into a system architecture.

     

    Nuevas’s Vehicle information can be accessed on electronic maps using specialist software or the Internet. The user interface of the GPS tracking system is simple to use, mobile friendly, and built to work with a range of GPS devices.

     

     An individual tracking GPS device called Trackzia is made to keep track of loved ones. Its distinctive form makes it simpler to connect the gadget to objects like bicycles, dog collars, luggage, and clothing, among others that  can conveniently keep a track of those who matter the most.

     

    THIS GPS SENSOR MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many  GPS sensors  are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global  GPS sensor  and key vendor selection criteria
    3. Where is the  GPS sensor  manufactured? What is the average margin per unit?
    4. Market share of Global  GPS sensor  market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global  GPS sensor  in-house
    6. key predictions for next 5 years in Global  GPS sensor  market
    7. Average B-2-B  GPS sensor  market price in all segments
    8. Latest trends in  GPS sensor  market, by every market segment
    9. The market size (both volume and value) of the  GPS sensor  market in 2024-2030 and every year in between?
    10. Production breakup of  GPS sensor  market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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