Global GPS Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

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: May, 2025 Updated Date: June, 2025

Introduction

Global GPS Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global GPS Equipment Market was valued at USD 2,876.73 million. 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%.


Global GPS Equipment Market Growth, Share, Size, Trends and Forecast

*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

Global GPS Equipment Market

Fragmented - Highly competitive market without dominant players


The global GPS equipment market encompasses a diverse array of technologies and applications designed to leverage the Global Positioning System (GPS), a critical satellite-based navigation system. GPS equipment includes receivers, antennas, simulators, and associated software and services used across various sectors such as automotive, aerospace, defense, marine, and consumer electronics. The market is driven by increasing demand for precise location data for navigation, tracking, and timing applications worldwide.

Key factors influencing the growth of the GPS equipment market include advancements in satellite technology, expanding applications in autonomous vehicles, and the rising integration of GPS in smartphones and wearable devices. Automotive navigation systems, in particular, are a significant driver as manufacturers integrate GPS for real-time traffic updates, route planning, and vehicle tracking. Additionally, the defense sector utilizes GPS for mission-critical applications like precision-guided munitions and soldier tracking systems, enhancing operational efficiency and safety.

Geographically, North America dominates the GPS equipment market due to the extensive deployment of GPS technology in the region's automotive, defense, and aerospace industries. Europe and Asia Pacific follow closely, driven by increasing adoption of GPS in commercial transportation, agriculture, and logistics. As the technology evolves and demand for location-based services grows, the global GPS equipment market is poised for continuous expansion, fostering innovation and competitive dynamics among key players in the industry.

  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. Navigation Systems
        2. Increasing Vehicle Connectivity
        3. Rise in Location-Based Services
        4. Precision Agriculture
      2. Restraints
        1. Privacy Concerns
        2. Initial High Costs
        3. Regulatory Challenges
        4. Satellite Signal Interference
      3. Opportunities
        1. Emerging Markets Growth
        2. Integration with IoT
        3. Autonomous Vehicles Development
        4. Expansion in Aviation Sector
    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