LONDON - 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 sustained
higher margins compared to consumer markets subject to volatile trends and
In order to reach centimeter and even millimeter accuracy,
GPS technology is stretched to its limits by using dual frequency, Differential
GPS (DGPS) and Real Time Kinematic (RTK)-based receivers combined with
correction signals to compensate for atmospheric and timing errors. GPS is
often complemented by other technologies such as sonar, radar, radio, laser, or
Precision GPS technology will benefit from the upgrade of
the existing GPS satellite system. New civilian frequencies and signals, as
well as the increased transmission power provided by next-generation GPS III
satellites (the $3.57 billion contract for the first twelve satellites was
recently awarded to Lockheed Martin) will increase both accuracy and coverage,
an important requirement for industrial applications. Coverage will be further
enhanced by the rollout of new GNSS systems such as Galileo and Glonass.
The industrial GPS ecosystem consists of Total Solution
Providers (TSPs) such as Trimble, Magellan, Topcon, Leica, Caterpillar and
Brilliant; Core Technology Providers (CTPs) such as NavCom, Novatel,
HemisphereGPS and Septentrio; Value Added Resellers (VARs); system integrators,
and distributors. It is characterized by a large number of strategic
partnerships and ownership-based relationships.
"Global Navigation Satellite Positioning
Positioning_Systems_and_Devices) a recent study from ABI Research, provides
extensive description of GPS technologies including Differential GPS, Real Time
Kinematic (RTK), and augmentation systems, as well as additional GNSS systems.
The study also contains forecasts for shipments and revenue. It forms part of
the Commercial Telematics
Research_Service) and Location Aware Services (www.abiresearch.com/products/service/Location_Aware_Services)
ABI Research is a leading market research firm focused on
the impact of emerging technologies on global consumer and business markets.
Utilizing a unique blend of market intelligence, primary research, and expert
assessment from its worldwide team of industry analysts, ABI Research assists
hundreds of clients each year with their strategic growth initiatives. For
www.abiresearch.com, or call +1.516.624.2500.
Long URLs in this release may need to be copied/pasted
into your Internet browser's address field. Remove the extra space if one
ABI Research Nicole Fabris, +44.203.326.0142
Industrial Precision GPS Solutions Experiencing Sustained Growth Levels of up to 25%, According to ABI Research
August 4, 2008