Industrial Precision GPS Solutions Experiencing Sustained Growth Levels of up to 25%

Company: ABI Research Industry: GPS Location: London, United Kingdom London,UK-- While much of the current attention surrounding GPS technology is focused on consumer navigation and LBS devices and services, the less well known industrial GPS applications such as precision agriculture, surveying, GIS, construction machine control, network timing, marine and avionics are increasingly being adopted by companies to increase quality, security and efficiency, as well as reduce costs. “While the precision GPS industrial segments continue to experience growth levels of up to 25%, they cannot match the triple digit growth which has been observed in certain consumer segments such as navigation and GPS-handsets,” says principal analyst Dominique Bonte. “However, industrial GPS segments are characterized by more stable growth and... [read full story]