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Q: U.S. GPS Market Size ( Answered,   0 Comments )
Question  
Subject: U.S. GPS Market Size
Category: Business and Money
Asked by: vandenbuch-ga
List Price: $200.00
Posted: 27 Aug 2005 06:11 PDT
Expires: 26 Sep 2005 06:11 PDT
Question ID: 561093
How large is the U.S. consumer GPS market, in dollars.  That is, what
are the total U.S. sales of GPS units currently worth in a year?  I
will need link(s) documenting the answer.

I need the answer today or tomorrow (Aug 27-28 2005)
Answer  
Subject: Re: U.S. GPS Market Size
Answered By: bobbie7-ga on 27 Aug 2005 11:39 PDT
 
Hello Vandenbuch 
 
According to Frost & Sullivan?s North American GPS Equipment Market Report, 
total North American GPS equipment market revenues (2003-2010) are:

Revenues (USD Billions)
2003   $3.5 billion
2004   $4.1
2005   $4.9
2006   $5.8
2007   $6.6
2008   $7.5
2009   $8.5
2010   $9.9 

Frost & Sullivan counts revenues from GPS equipment sold into
consumer, commercial and military markets

The GPS equipment revenues by end-user group are broken down into: 
52%    Consumer
40%    Commercial
8%     Military


Using the above figures provided by Frost & Sullivan, the Consumer GPS
market is as follows:

--------------------
Consumer GPS market
--------------------
Year      Revenue
2003	$1,820,000
2004	$2,132,000
2005	$2,548,000
2006	$3,026,000
2007	$3,432,000
2008	$3,900,000
2009	$4,420,000
2010	$5,140,000
----------------------

GPS: Military System/Public Utility: Revenue and Application Trends. 
Taken from: Frost & Sullivan?s North American GPS Equipment
Markets (Report A601-22)
 
Source: The Center for Strategic & International Studies
http://www.csis.org/tech/events/031203_stearns.pdf


From Frost & Sullivan :

?Alliance and high-volume consumer applications are strongly driving
the North American Global Positioning System (GPS) equipment markets.
As prices for low-end GPS handhelds continue to fall, inexpensive
consumer access is expected to make this a high-profile electronics
market.  However, profit margins per unit are likely to fall, going
down from the current 30-40% to the 10-15% range, as the market
matures.?

New analysis from Frost & Sullivan , North American GPS Equipment
Markets, reveals that this market generated revenues totaling $3.46
billion in 2003. Total market revenues are expected to reach $10.77
billion in 2010.?

Source: Frost & Sullivan 
Keeping Pace with Consumer Applications Vital to GPS Market Expansion  
Date Published: 9 Feb 2004  
http://www.frost.com/prod/servlet/press-release.pag?mode=open&docid=10127615



Search terms used: 
GPS market billion U.S.
"GPS market? Consumer market billion OR million 
GPS consumer commercial billion revenue

I hope the information provided is helpful!


Best regards,
Bobbie7

Clarification of Answer by bobbie7-ga on 27 Aug 2005 18:51 PDT
I left out some zeros in the last table.

It should be:

--------------------
Consumer GPS market
--------------------
Year      Revenue
2003	$1,820,000,000
2004	$2,132,000,000
2005	$2,548,000,000
2006	$3,026,000,000
2007	$3,432,000,000
2008	$3,900,000,000
2009	$4,420,000,000
2010	$5,140,000,000
----------------------
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