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Worldwide Precision GPS Market Forecast to Rise to US$ 6-8 Billion by 2012 - The worldwide precision GPS market is forecast to rise from US$3 Billion in 2008 to US$6-8 Billion by 2012 according to a new report by Position One Consulting Pty Ltd in conjunction with Eric Gakstatter, Contributing Editor to GPS World magazine
Worldwide Precision GPS Market Forecast to Rise to US$ 6-8 Billion by 2012

 

PRZOOM - /newswire/ - Brisbane, Queensland, Australia, 2008/09/23 - The worldwide precision GPS market is forecast to rise from US$3 Billion in 2008 to US$6-8 Billion by 2012 according to a new report by Position One Consulting Pty Ltd in conjunction with Eric Gakstatter, Contributing Editor to GPS World magazine.

   
 
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The report includes global trends, demand and applications for high-precision GPS technology; starting with precision GPS infrastructure, continuing through the market for GPS receivers, finished GPS goods and concluding with GPS augmentation and distribution services. Markets covered include surveying, engineering, agriculture, mining, deformation monitoring, GIS, marine and aviation for both machine control and non-machine control applications.

At the core of the 200 page report are five year growth and financial projections for the high precision Global Navigation Satellite Systems (GNSS) markets surveyed as well as analysis of the competitive landscape.

“The adoption of precision GPS and GNSS products and services, particularly for machine control, are reaping impressive productivity gains for innovators and early adopters”, said Rob Lorimer, Managing Director of Position One Consulting. “This report is in response to the growing demand for more detailed market intelligence regarding precise positioning products and services and the markets in which they are used”.

Background and status of the entire spectrum of GNSS (Global Navigation Satellite Systems) includes GPS, GPS modernization, GLONASS and GLONASS modernization, SBAS (Satellite-Based Augmentation Systems), Galileo and Compass/Beidou, QZSS and IRNSS as well as technology/market trends and potential disruptions.

The report was introduced at the Institute of Navigation GNSS meeting in Savannah, Georgia September 17-19, 2008.

Email abstracts[.]positiononeconsulting.com. to receive a free 14 page abstract of the report including purchase information.

About Position One Consulting Pty Ltd
Position One Consulting (positiononeconsulting.com) is an international GNSS consulting firm who produce market reports for corporate and government clients in North America, Europe and Australia. Principal Rob Lorimer has held several senior executive roles within the industry including CEO of Beeline Technology (now part of Hemisphere GPS) and Managing Director of Trimble Asia-Pacific. Rob is both a member of the advisory committee of the International Global Navigation Satellite Systems (IGNSS) Society and a regional judge for the European Satellite Navigation Competition (Galileo Masters).

About Eric Gakstatter
Eric has spent 18 years in the GNSS industry, ten of those in various product management positions. Since March 2006, Eric has been a Contributing Editor to GPS World magazine, specializing in high precision GNSS applications. He is also Editor of their bi-weekly Survey/Construction enewsletter. He writes and speaks regularly about high precision GNSS issues.

 
 
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Worldwide Precision GPS Market Forecast to Rise to US$ 6-8 Billion by 2012

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Contact: Rob Lorimer - PositionOneConsulting.com 
+61(7) 3821 5543 rob[.]positiononeconsulting.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Position One Consulting securities in any jurisdiction including any other companies listed or named in this release.

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