Global Positioning Systems (GPS) Market Size, Demand and Forecast to 2033

Research Methodology – Global Positioning Systems (GPS) Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Global Positioning Systems (GPS) Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

Our baseline thesis for the Global Positioning Systems (GPS) Market is developed by integrating key market indicators and macroeconomic variables. These include:

Factors considered while calculating market size and share

Current and projected sales values of GPS devices.
Number of GPS manufacturers and their market prominence.
Estimated market penetration of GPS technologies in various sectors such as smartphones, automotive, avionics, and marine industry.
Distribution and after-sales services network.
Government regulations and policies affecting GPS technologies.
Level of competition and competitive strategies among industry players.
Innovation and technological advancements in GPS technology.
The cost of production and pricing models.

Key Market Indicators

Growth in the sales of GPS Devices.
Adoption rate of GPS technologies in emerging industries.
Manufacturing volumes of GPS devices worldwide.
Market share of leading GPS manufacturers.
Investment and research and development (R&D) spent in GPS technologies.
Regulatory changes that impact GPS technology usage and sales.

Growth Trends

Increasing integration of GPS technology in smartphones and wearables.
Growth in the use of GPS technology in the automotive industry for navigation and autonomous driving.
Increasing demand for real-time information in industries such as logistics and transportation, military, and disaster management.
Adoption of GPS technology in unmanned aerial vehicles (UAVs) and drones.
Advancements in technology leading to the development of high-precision GPS devices.
Increasing usage of GPS in location-based services and applications.

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Global Positioning Systems (GPS) Market. Key inputs include:

Company-Level Information

Annual reports, investor presentations, SEC filings
Company press releases and product launch announcements
Public executive interviews and earnings calls
Strategy briefings and M&A updates

Industry and Government Sources

Country-level industry associations and trade bodies
Government dossiers, policy frameworks, and official releases
Whitepapers, working papers, and public R&D initiatives
Relevant Associations for the Global Positioning Systems (GPS) Market

Market Intelligence Sources

Broker reports and financial analyst coverage
Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
Import/export trade data and tariff databases
Sector-specific journals, magazines, and news portals

Macro & Consumer Insights

Global macroeconomic indicators and their cascading effect on the industry
Demand–supply outlook and value chain analysis
Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements

Key Opinion Leader (KOL) Engagements
Structured interviews with executives, product managers, and domain experts
Paid and barter-based interviews across manufacturers, distributors, and end-users

Focused Discussions & Panels

Discussions with stakeholders to validate demand-supply gaps
Group discussions on emerging technologies, regulatory shifts, and adoption barriers

Data Validation & Business POV

Cross-verification of market sizing and forecasts with industry insiders
Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

Demand-side analysis (consumption patterns, adoption trends, customer spending)
Supply-side analysis (production, capacity, distribution, and market availability)
Macroeconomic & microeconomic impact factors

Forecasting is carried out using proprietary models that combine: