GPS Equipment Market

By Product Type;

Data Loggers , Data Pushers, and Data Pullers

By Application;

Road, Aviation, Marine, Location-Based Services, Surveying & Mapping, and Others

By End-Use Industry;

Transportation & Logistics, Construction, Oil & Gas, Metals & Mining, Government, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn107871712 Published Date: August, 2025

GPS Equipment Market Overview

GPS Equipment Market (USD Million)

GPS Equipment Market was valued at USD 2,876.73 million in the year 2024. The size of this market is expected to increase to USD 5,125.17 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.6%.


GPS Equipment Market

*Market size in USD million

CAGR 8.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.6 %
Market Size (2024)USD 2,876.73 Million
Market Size (2031)USD 5,125.17 Million
Market ConcentrationMedium
Report Pages365
2,876.73
2024
5,125.17
2031

Major Players

  • Calamp Corporation
  • Geotab Inc
  • Concox
  • Sierra Wireless, Inc.
  • Orbcomm Inc.
  • Queclink Wireless Solutions Co.
  • Laird PLC

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

GPS Equipment Market

Fragmented - Highly competitive market without dominant players


The GPS Equipment Market continues to expand, with over 60% of navigation device users upgrading to units that enable higher positioning precision and satellite compatibility. There are growing opportunities for manufacturers developing dual-frequency receivers, ruggedized hardware, and industrial-grade positioning tools. Improved signal tracking supports a range of use cases, from logistics to outdoor mapping.

Cutting-Edge Features Deliver Enhanced Position Fixing
About 55% of new GPS units now feature technological advancements such as RTK support, ephemeris correction, and dynamic power-saving modes. These innovations deliver faster position fixes, lower energy consumption, and improved operation in challenging signal environments. Device makers are responding to user needs for reliable, consistent performance.

Partnerships Enabling Smarter Ecosystem Connections
Close to 50% of GPS equipment brands are engaging in collaborations and forming partnerships with cloud service providers, sensor fusion companies, and mapping platforms. These relationships enhance expansion by embedding GPS capabilities within connected systems used in logistics, surveying, agriculture, and drone navigation. Collaboration ensures seamless integration and aggregated service delivery.

Outlook Forecasts Smarter, Cloud-Connected Navigation Systems
More than 50% of future GPS models emphasize AI-powered mapping, edge-based analytics, and automatic firmware updates. The future outlook reflects steady innovation, expanded adoption in smart mobility, asset tracking, and personal devices, and broader growth into new verticals. GPS tools are evolving into intelligent components of next-gen location systems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-Use Industry
    4. Market Snapshot, By Region
  4. GPS Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing adoption in automotive navigation systems
        2. Growth in fleet and asset tracking solutions
        3. Integration with mobile and wearable devices
        4. Rising demand for precise agricultural positionin
      2. Restraints
        1. Signal obstruction in urban and indoor environments
        2. Limited accuracy under adverse weather conditions
        3. High power consumption in continuous tracking
        4. Complexity in system integration across platform
      3. Opportunities
        1. Expansion of GPS in drone technologies

        2. Use in disaster management and rescue operations

        3. Advancements in dual-frequency and multi-GNSS support

        4. Growing demand for GPS-enabled smart applications

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. GPS Equipment Market, By Product Type, 2021 - 2031 (USD Million)
      1. Data Loggers
      2. Data Pushers
      3. Data Pullers
    2. GPS Equipment Market, By Application, 2021 - 2031 (USD Million)

      1. Road

      2. Aviation

      3. Marine

      4. Location-Based Services

      5. Surveying and Mapping

      6. Others

    3. GPS Equipment Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Transportation & Logistics
      2. Construction
      3. Oil & Gas
      4. Metals & Mining
      5. Government
      6. Others
    4. GPS Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Calamp Corporation
      2. Geotab Inc
      3. Concox
      4. Sierra Wireless, Inc.
      5. Orbcomm Inc.
      6. Queclink Wireless Solutions Co.
      7. Laird PLC
  7. Analyst Views
  8. Future Outlook of the Market