Global Recreational, Outdoor, and Fitness GPS Devices Industry

Global Recreational, Outdoor, and Fitness GPS Devices Industry

  • September 2020 •
  • 121 pages •
  • Report ID: 5721267 •
  • Format: PDF
Global Recreational, Outdoor, and Fitness GPS Devices Market to Reach $2.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Recreational, Outdoor, and Fitness GPS Devices estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$2.6 Billion by 2027, growing at a CAGR of 11.4% over the period 2020-2027.

The U.S. Market is Estimated at $364.3 Million, While China is Forecast to Grow at 11% CAGR

The Recreational, Outdoor, and Fitness GPS Devices market in the U.S. is estimated at US$364.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$461.9 Million by the year 2027 trailing a CAGR of 11% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10% and 9.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.3% CAGR.We bring years of research experience to this 19th edition of our report. The 121-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • Apple Inc.
  • Bryton Inc.
  • Garmin International Inc.
  • HOLUX Technology Inc.
  • Lowrance Electronics
  • Magellan Navigation Inc.
  • Mio Technology Corporation
  • MiTAC International Corporation
  • Navman Technology NZ Ltd.
  • Samsung Electronics Co., Ltd.
  • Satmap Systems Ltd.
  • TomTom N.V.