GPS Market
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Multiple Questions - How many recreational (not flying or marine) GPS Units were sold (quantity not revenue) for the last three years? How fast is the GPS market expected to grow? What is the average selling price for these units? Any other statistics for this market would be helpful
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Answer:
<Sales of recreational GPS units. According to Alan A. Varghese, senior director of semiconductor research at ABI Research in Oyster Bay, N.Y. shipments of recreational GPS devices were as follows: 2004 ? 6.55 million (estimated, based on growth of 31%). 2003 ? 5 million 2002 ? 3.2 million Shipments are predicted to grow by 31 percent a year until 2009. Costs range from $130 to $1,300. (Source: Recreational Sports sees more use of GPS. By Beth Healy. NY Times. Gismos For Geeks.) http://66.102.9.104/search?q=cache:osVnGB_TuOoJ:www.gizmosforgeeks.com/index.php/articles/128+gps+%22million+recreational%22&hl=en Portable navigation devices - US sales 300,000 units in 2003 550,000 units in 2004. Forecast to reach 684,000 in 2005. Average unit price - $261. (Source: New camera phones and GPS phones for growing markets. Asian sources. February 22, 2005.) http://www.asia.manufacturers.globalsources.com/gsol/I/Video-telephone/a/9000000060410.htm The average sales price of a Garmin device was $331 in 2004 but dropped to $308 in the fourth quarter. (Source: Sales in 4th quarter a record for Garmin. By David Hayes. The Kansas City Star. Feb 10, 2005.) http://www.kansascity.com/mld/kansascity/business/10859444.htm?1c In 2000, GPS had more than 1.5 million users. Its economic impact was estimated at $6.2 billion. By 2010, its economic value is expected to exceed $50 billion. (Source: University of Washington Olympic Natural Resources Center.) http://64.233.183.104/search?q=cache:gQ9UcAh4yRgJ:www.onrc.washington.edu/education/GPS%40Home.pdf++%22recreational+gps%22+million&hl=en -------------------------------------- Industry reports A report from ABI Research, ?Satellite Positioning Systems and Devices.?shows that recreational use of GPS is on the increase. The report costs $5,000. http://www.abiresearch.com/products/market_research/Satellite_Positioning_Systems_and_Devices Consumer demand for location based services. Published November 2004. This report is available from Global Information Inc. Price $2495.00. http://www.gii.co.jp/english/cg25040_consumer_demand.html --------------------------------------- Market leader. Garmin has 70% of the recreational handheld GPS market aimed at hikers and hunters. In 2003 Garmin sold more than 2 million units, up half a million from 2002. (Source: Garmin has made it big in GPS, in part by building its own products. If ?insourcing? works for Garmin, maybe it could work for your company. By Arik Kesseldahl. Electronic Buyers News. 28/12/2004. Open Outsource.) http://www.openoutsource.com/resource-dated15587-Pinpoint%20Production.phtml> <Search strategy:> <gps "million recreational"> <://www.google.com/search?hl=en&lr=&q=gps+%22million+recreational%22> <"gps sales" "million units"> <://www.google.com/search?q=+%22gps+sales%22+%22million+units%22&hl=en&lr=&rls=GGLD,GGLD:2004-31,GGLD:en&start=10&sa=N> <Hope this helps.>
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