Gps Watches Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

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Market Snapshot

CAGR:8.85
2023
2032

Source: Market Expertz

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Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 8.85
Semiconductors & Electronics-companies
Semiconductors & Electronics-Snapshot

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Report Overview

The GPS Watches Market size is estimated to grow at a CAGR of 8.5% between 2022 and 2032. The market size is forecast to increase by USD 2,345.67 million. The growth of the market depends on several factors, including the rising demand for fitness tracking devices, increasing adoption of wearable technology in sports and outdoor activities, and the need for accurate and reliable GPS tracking in watches. A GPS watch refers to a type of wearable device that combines a traditional wristwatch with GPS technology, allowing users to track their location, distance, speed, and other metrics during various activities.

GPS Watches Market Overview:

Drivers:

One of the key factors driving the GPS watches market growth is the increasing demand for fitness tracking devices. With the growing awareness of health and fitness, individuals are increasingly adopting wearable devices to monitor their physical activities and track their progress. GPS watches offer advanced features such as heart rate monitoring, step counting, calorie tracking, and GPS-based distance tracking, making them popular among fitness enthusiasts and athletes. These watches provide real-time data and insights, helping users optimize their workouts and achieve their fitness goals.

Moreover, the adoption of wearable technology in sports and outdoor activities is also fueling the demand for GPS watches. Athletes, hikers, cyclists, and other outdoor enthusiasts rely on GPS watches to track their routes, measure their performance, and navigate unfamiliar terrains. These watches provide accurate GPS tracking, elevation data, and mapping features, enhancing the overall outdoor experience and safety. As a result, these factors are expected to drive the market growth during the forecast period.

Trends:

A key trend shaping the GPS watches market growth is the integration of advanced features and connectivity options. Manufacturers are continuously innovating to offer GPS watches with additional functionalities such as smartphone notifications, music playback, contactless payments, and smart assistant integration. These features enhance the convenience and versatility of GPS watches, making them more appealing to consumers. Furthermore, the integration of advanced sensors and biometric tracking capabilities, such as sleep monitoring and stress detection, is also gaining traction in the market. These trends are driven by the increasing demand for multi-purpose wearable devices that can seamlessly integrate into users' daily lives.

Additionally, the rising popularity of adventure sports and outdoor activities is driving the demand for rugged and durable GPS watches. Outdoor enthusiasts require watches that can withstand extreme conditions, including water resistance, shock resistance, and long battery life. Manufacturers are focusing on developing ruggedized GPS watches that can withstand harsh environments and provide reliable performance. These watches are designed to meet the specific needs of outdoor adventurers, such as mountaineers, divers, and trail runners. Hence, such factors are expected to drive market growth during the forecast period.

Restraints:

One of the key challenges hindering the GPS watches market growth is the limited battery life of these devices. GPS functionality consumes significant power, and continuous GPS tracking can quickly drain the battery of a watch. Users often face the challenge of balancing the need for accurate GPS tracking with the desire for longer battery life. Manufacturers are continuously working on improving battery technology and optimizing power consumption to address this challenge. However, battery life remains a concern for users who require extended GPS tracking during long-duration activities.

Furthermore, the high cost of GPS watches can be a barrier to market growth. Advanced GPS watches with multiple features and connectivity options tend to be more expensive, limiting their affordability for some consumers. Price sensitivity and the availability of budget-friendly alternatives can impact the adoption of GPS watches, especially in price-conscious markets. Manufacturers need to strike a balance between offering advanced features and competitive pricing to cater to a wide range of consumers. Hence, such factors are expected to hinder market growth during the forecast period.

GPS Watches Market Segmentation By Application:

The fitness and wellness segment is estimated to witness significant growth during the forecast period. GPS watches are widely used by fitness enthusiasts, athletes, and individuals seeking to monitor their physical activities and health metrics. These watches offer features such as heart rate monitoring, step counting, sleep tracking, and GPS-based distance tracking, providing users with valuable insights into their fitness levels and progress. The integration of advanced sensors and biometric tracking capabilities further enhances the fitness and wellness applications of GPS watches.

Additionally, the outdoor sports segment is also expected to contribute to the market growth. GPS watches are popular among outdoor enthusiasts, including hikers, cyclists, runners, and adventure sports enthusiasts. These watches provide accurate GPS tracking, elevation data, mapping features, and other outdoor-specific functionalities, enhancing the overall outdoor experience and safety. The rugged and durable design of GPS watches makes them suitable for outdoor activities in challenging environments. Hence, such applications are expected to fuel the growth of this segment, driving the market growth during the forecast period.

GPS Watches Market Segmentation By Type:

The multi-sport GPS watch segment is witnessing significant growth, driven by the increasing demand for versatile and multi-purpose wearable devices. Multi-sport GPS watches are designed to cater to a wide range of sports and activities, offering specialized features and tracking capabilities for each sport. These watches can track metrics such as running pace, cycling cadence, swimming strokes, and golf swing analysis, among others. The ability to seamlessly switch between different sports and activities makes multi-sport GPS watches popular among athletes and fitness enthusiasts who engage in various activities.

Moreover, the outdoor GPS watch segment is also expected to contribute to the market growth. Outdoor GPS watches are specifically designed for outdoor activities such as hiking, mountaineering, trail running, and navigation. These watches offer features such as altimeter, barometer, compass, and mapping functionalities, enabling users to navigate unfamiliar terrains and track their outdoor adventures. The rugged and durable construction of outdoor GPS watches ensures their reliability in extreme conditions. Hence, such factors are expected to fuel the demand for these segments, driving the market growth during the forecast period.

Regional Overview:


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North America is estimated to contribute significantly to the growth of the global GPS watches market during the forecast period. The region has a large base of fitness-conscious individuals, athletes, and outdoor enthusiasts who actively adopt wearable devices for tracking their activities. The presence of major sports and fitness brands, as well as technological advancements in GPS and sensor technologies, further drives the market in North America.

Furthermore, Europe is also expected to witness substantial market growth. The region has a strong sports culture and a high adoption rate of fitness tracking devices. Outdoor activities such as hiking, cycling, and skiing are popular in Europe, driving the demand for GPS watches with specialized features for these activities. Additionally, the increasing focus on health and wellness, along with the growing popularity of adventure sports, contributes to the market growth in Europe. Hence, such factors are expected to drive market growth in these regions during the forecast period.

In 2020, during the COVID-19 pandemic, the global GPS watches market experienced a temporary slowdown due to disruptions in supply chains and retail operations. However, as restrictions eased and outdoor activities gained prominence, the market witnessed a gradual recovery. The growing emphasis on personal health and fitness, along with the increasing popularity of outdoor activities, is expected to drive the market during the forecast period.

GPS Watches Market Customer Landscape:

The GPS watches market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Who are the Major GPS Watches Market Companies?

Companies in the GPS watches market are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Garmin Ltd.: The company offers a wide range of GPS watches for fitness, outdoor activities, and sports. Garmin watches are known for their accurate GPS tracking, advanced features, and durability.

Apple Inc.: The company's Apple Watch includes GPS functionality, making it a popular choice among consumers for fitness tracking and outdoor activities. Apple Watch offers seamless integration with other Apple devices and a wide range of health and fitness features.

Fitbit, Inc.: Fitbit offers GPS-enabled smartwatches and fitness trackers that cater to a wide range of users. Fitbit devices are known for their accurate activity tracking, sleep monitoring, and comprehensive fitness features.

The research report also includes detailed analyses of the competitive landscape of the market and information about 10 market companies, including:

  • Samsung Electronics Co., Ltd.
  • Suunto Oy
  • Polar Electro Oy
  • Casio Computer Co., Ltd.
  • TomTom International BV
  • Huawei Technologies Co., Ltd.
  • Sony Corporation
  • Fossil Group, Inc.
  • Xiaomi Corporation
  • Timex Group USA, Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview:

The GPS watches market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.

  • Application Outlook (USD Million, 2019 - 2032)

o Fitness and Wellness

o Outdoor Sports

o Others

  • Type Outlook (USD Million, 2019 - 2032)

o Multi-sport GPS Watches

o Outdoor GPS Watches

o Others

  • Geography Outlook (USD Million, 2019 - 2032)

o North America

  • The U.S.
  • Canada

o Europe

  • K.
  • Germany
  • France
  • Rest of Europe

o APAC

  • China
  • India

o South America

  • Chile
  • Argentina
  • Brazil

o Middle East & Africa

  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa

Key Benefits for Stakeholders

  • Comprehensive Market Analysis- The study meticulously segments the market based on both economic and non-economic criteria, conducting both qualitative and quantitative analyses. This rigorous approach offers a deep understanding of various market segments and sub-segments.
  • Accurate Market Valuation- Precise market values in USD Billion are furnished for each segment and sub-segment, facilitating stakeholders in making precise assessments of market opportunities.
  • Identification of Growth Prospects- The report pinpoints regions and market segments poised for rapid expansion, as well as those with substantial market share potential. This assists stakeholders in making well-informed strategic decisions.
  • Insightful Regional Analysis- The research explores regional factors influencing the market and scrutinizes product or service utilization in diverse geographical areas, enhancing comprehension of regional dynamics.
  • Comprehensive Competitive Insight- The report encompasses critical data, including market share of leading players, recent service/product launches, collaborations, expansions, and acquisitions made by profiled companies in the last five years. This provides a holistic view of the competitive landscape.
  • Detailed Company Profiles- In-depth profiles of key market participants encompass company overviews, business insights, product benchmarking, and SWOT analyses. This equips stakeholders with the means to evaluate the strengths and weaknesses of these entities.
  • Future Market Outlook- The research furnishes an industry perspective on the present and future based on recent developments, enabling stakeholders to anticipate market trends and forthcoming changes.
  • Thorough Market Examination- Porter’s five forces analysis is employed in the study to provide a comprehensive examination of the market from multiple angles, including competitive forces and market dynamics.
  • Value Chain Insights- The research leverages the Value Chain concept to elucidate the market, offering insights into how products or services traverse the market ecosystem.
  • Market Dynamics and Growth Prospects- The study presents current market dynamics and growth prospects for the foreseeable future, empowering stakeholders with invaluable information for strategic decision-making.
Table of Contents

Global GPS Watches Market Research Report 2018
1 GPS Watches Market Overview
1.1 Product Overview and Scope of GPS Watches
1.2 GPS Watches Segment by Type (Product Category)
1.2.1 Global GPS Watches Production and CAGR (%) Comparison by Type (Product Category)(2013-2025)
1.2.2 Global GPS Watches Production Market Share by Type (Product Category) in 2017
1.2.3 Positioning
1.2.4 Health Monitoring
1.2.5 Entertainment
1.2.6 Others
1.3 Global GPS Watches Segment by Application
1.3.1 GPS Watches Consumption (Sales) Comparison by Application (2013-2025)
1.3.2 Men
1.3.3 Women
1.3.4 Kids
1.4 Global GPS Watches Market by Region (2013-2025)
1.4.1 Global GPS Watches Market Size (Value) and CAGR (%) Comparison by Region (2013-2025)
1.4.2 United States Status and Prospect (2013-2025)
1.4.3 EU Status and Prospect (2013-2025)
1.4.4 China Status and Prospect (2013-2025)
1.4.5 Japan Status and Prospect (2013-2025)
1.4.6 South Korea Status and Prospect (2013-2025)
1.4.7 Taiwan Status and Prospect (2013-2025)
1.5 Global Market Size (Value) of GPS Watches (2013-2025)
1.5.1 Global GPS Watches Revenue Status and Outlook (2013-2025)
1.5.2 Global GPS Watches Capacity, Production Status and Outlook (2013-2025)

2 Global GPS Watches Market Competition by Manufacturers
2.1 Global GPS Watches Capacity, Production and Share by Manufacturers (2013-2018)
2.1.1 Global GPS Watches Capacity and Share by Manufacturers (2013-2018)
2.1.2 Global GPS Watches Production and Share by Manufacturers (2013-2018)
2.2 Global GPS Watches Revenue and Share by Manufacturers (2013-2018)
2.3 Global GPS Watches Average Price by Manufacturers (2013-2018)
2.4 Manufacturers GPS Watches Manufacturing Base Distribution, Sales Area and Product Type
2.5 GPS Watches Market Competitive Situation and Trends
2.5.1 GPS Watches Market Concentration Rate
2.5.2 GPS Watches Market Share of Top 3 and Top 5 Manufacturers
2.5.3 Mergers & Acquisitions, Expansion

3 Global GPS Watches Capacity, Production, Revenue (Value) by Region (2013-2018)
3.1 Global GPS Watches Capacity and Market Share by Region (2013-2018)
3.2 Global GPS Watches Production and Market Share by Region (2013-2018)
3.3 Global GPS Watches Revenue (Value) and Market Share by Region (2013-2018)
3.4 Global GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.5 United States GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.6 EU GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.7 China GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.8 Japan GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.9 South Korea GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.10 Taiwan GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)

4 Global GPS Watches Supply (Production), Consumption, Export, Import by Region (2013-2018)
4.1 Global GPS Watches Consumption by Region (2013-2018)
4.2 United States GPS Watches Production, Consumption, Export, Import (2013-2018)
4.3 EU GPS Watches Production, Consumption, Export, Import (2013-2018)
4.4 China GPS Watches Production, Consumption, Export, Import (2013-2018)
4.5 Japan GPS Watches Production, Consumption, Export, Import (2013-2018)
4.6 South Korea GPS Watches Production, Consumption, Export, Import (2013-2018)
4.7 Taiwan GPS Watches Production, Consumption, Export, Import (2013-2018)

5 Global GPS Watches Production, Revenue (Value), Price Trend by Type
5.1 Global GPS Watches Production and Market Share by Type (2013-2018)
5.2 Global GPS Watches Revenue and Market Share by Type (2013-2018)
5.3 Global GPS Watches Price by Type (2013-2018)
5.4 Global GPS Watches Production Growth by Type (2013-2018)

6 Global GPS Watches Market Analysis by Application
6.1 Global GPS Watches Consumption and Market Share by Application (2013-2018)
6.2 Global GPS Watches Consumption Growth Rate by Application (2013-2018)
6.3 Market Drivers and Opportunities
6.3.1 Potential Applications
6.3.2 Emerging Markets/Countries

7 Global GPS Watches Manufacturers Profiles/Analysis
7.1 TomTom
7.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2 GPS Watches Product Category, Application and Specification
7.1.2.1 Product A
7.1.2.2 Product B
7.1.3 TomTom GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.1.4 Main Business/Business Overview
7.2 Garmin
7.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.2.2 GPS Watches Product Category, Application and Specification
7.2.2.1 Product A
7.2.2.2 Product B
7.2.3 Garmin GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.2.4 Main Business/Business Overview
7.3 Polar
7.3.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.3.2 GPS Watches Product Category, Application and Specification
7.3.2.1 Product A
7.3.2.2 Product B
7.3.3 Polar GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.3.4 Main Business/Business Overview
7.4 Apple
7.4.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.4.2 GPS Watches Product Category, Application and Specification
7.4.2.1 Product A
7.4.2.2 Product B
7.4.3 Apple GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.4.4 Main Business/Business Overview
7.5 New Balance
7.5.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.5.2 GPS Watches Product Category, Application and Specification
7.5.2.1 Product A
7.5.2.2 Product B
7.5.3 New Balance GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.5.4 Main Business/Business Overview
7.6 Sony
7.6.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.6.2 GPS Watches Product Category, Application and Specification
7.6.2.1 Product A
7.6.2.2 Product B
7.6.3 Sony GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.6.4 Main Business/Business Overview
7.7 Suunto
7.7.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.7.2 GPS Watches Product Category, Application and Specification
7.7.2.1 Product A
7.7.2.2 Product B
7.7.3 Suunto GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.7.4 Main Business/Business Overview
7.8 Timex
7.8.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.8.2 GPS Watches Product Category, Application and Specification
7.8.2.1 Product A
7.8.2.2 Product B
7.8.3 Timex GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.8.4 Main Business/Business Overview
7.9 Samsung
7.9.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.9.2 GPS Watches Product Category, Application and Specification
7.9.2.1 Product A
7.9.2.2 Product B
7.9.3 Samsung GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.9.4 Main Business/Business Overview
7.10 Fitbit
7.10.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.10.2 GPS Watches Product Category, Application and Specification
7.10.2.1 Product A
7.10.2.2 Product B
7.10.3 Fitbit GPS Watches Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.10.4 Main Business/Business Overview
7.11 Misfit

8 GPS Watches Manufacturing Cost Analysis
8.1 GPS Watches Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of GPS Watches

9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 GPS Watches Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of GPS Watches Major Manufacturers in 2017
9.4 Downstream Buyers

10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

12 Global GPS Watches Market Forecast (2018-2025)
12.1 Global GPS Watches Capacity, Production, Revenue Forecast (2018-2025)
12.1.1 Global GPS Watches Capacity, Production and Growth Rate Forecast (2018-2025)
12.1.2 Global GPS Watches Revenue and Growth Rate Forecast (2018-2025)
12.1.3 Global GPS Watches Price and Trend Forecast (2018-2025)
12.2 Global GPS Watches Production, Consumption , Import and Export Forecast by Region (2018-2025)
12.2.1 United States GPS Watches Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.2 EU GPS Watches Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.3 China GPS Watches Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.4 Japan GPS Watches Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.5 South Korea GPS Watches Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.6 Taiwan GPS Watches Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.3 Global GPS Watches Production, Revenue and Price Forecast by Type (2018-2025)
12.4 Global GPS Watches Consumption Forecast by Application (2018-2025)

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology/Research Approach
14.1.1 Research Programs/Design
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources
14.3 Disclaimer




List of Tables and Figures

Figure Picture of GPS Watches
Figure Global GPS Watches Production (K Units) and CAGR (%) Comparison by Types (Product Category) (2013-2025)
Figure Global GPS Watches Production Market Share by Types (Product Category) in 2017
Figure Product Picture of Positioning
Table Major Manufacturers of Positioning
Figure Product Picture of Health Monitoring
Table Major Manufacturers of Health Monitoring
Figure Product Picture of Entertainment
Table Major Manufacturers of Entertainment
Figure Product Picture of Others
Table Major Manufacturers of Others
Figure Global GPS Watches Consumption (K Units) by Applications (2013-2025)
Figure Global GPS Watches Consumption Market Share by Applications in 2017
Figure Men Examples
Table Key Downstream Customer in Men
Figure Women Examples
Table Key Downstream Customer in Women
Figure Kids Examples
Table Key Downstream Customer in Kids
Figure Global GPS Watches Market Size (Million USD), Comparison (K Units) and CAGR (%) by Regions (2013-2025)
Figure United States GPS Watches Revenue (Million USD) and Growth Rate (2013-2025)
Figure EU GPS Watches Revenue (Million USD) and Growth Rate (2013-2025)
Figure China GPS Watches Revenue (Million USD) and Growth Rate (2013-2025)
Figure Japan GPS Watches Revenue (Million USD) and Growth Rate (2013-2025)
Figure South Korea GPS Watches Revenue (Million USD) and Growth Rate (2013-2025)
Figure Taiwan GPS Watches Revenue (Million USD) and Growth Rate (2013-2025)
Figure Global GPS Watches Revenue (Million USD) Status and Outlook (2013-2025)
Figure Global GPS Watches Capacity, Production (K Units) Status and Outlook (2013-2025)
Figure Global GPS Watches Major Players Product Capacity (K Units) (2013-2018)
Table Global GPS Watches Capacity (K Units) of Key Manufacturers (2013-2018)
Table Global GPS Watches Capacity Market Share of Key Manufacturers (2013-2018)
Figure Global GPS Watches Capacity (K Units) of Key Manufacturers in 2017
Figure Global GPS Watches Capacity (K Units) of Key Manufacturers in 2018
Figure Global GPS Watches Major Players Product Production (K Units) (2013-2018)
Table Global GPS Watches Production (K Units) of Key Manufacturers (2013-2018)
Table Global GPS Watches Production Share by Manufacturers (2013-2018)
Figure 2017 GPS Watches Production Share by Manufacturers
Figure 2017 GPS Watches Production Share by Manufacturers
Figure Global GPS Watches Major Players Product Revenue (Million USD) (2013-2018)
Table Global GPS Watches Revenue (Million USD) by Manufacturers (2013-2018)
Table Global GPS Watches Revenue Share by Manufacturers (2013-2018)
Table 2017 Global GPS Watches Revenue Share by Manufacturers
Table 2018 Global GPS Watches Revenue Share by Manufacturers
Table Global Market GPS Watches Average Price (USD/Unit) of Key Manufacturers (2013-2018)
Figure Global Market GPS Watches Average Price (USD/Unit) of Key Manufacturers in 2017
Table Manufacturers GPS Watches Manufacturing Base Distribution and Sales Area
Table Manufacturers GPS Watches Product Category
Figure GPS Watches Market Share of Top 3 Manufacturers
Figure GPS Watches Market Share of Top 5 Manufacturers
Table Global GPS Watches Capacity (K Units) by Region (2013-2018)
Figure Global GPS Watches Capacity Market Share by Region (2013-2018)
Figure Global GPS Watches Capacity Market Share by Region (2013-2018)
Figure 2017 Global GPS Watches Capacity Market Share by Region
Table Global GPS Watches Production by Region (2013-2018)
Figure Global GPS Watches Production (K Units) by Region (2013-2018)
Figure Global GPS Watches Production Market Share by Region (2013-2018)
Figure 2017 Global GPS Watches Production Market Share by Region
Table Global GPS Watches Revenue (Million USD) by Region (2013-2018)
Table Global GPS Watches Revenue Market Share by Region (2013-2018)
Figure Global GPS Watches Revenue Market Share by Region (2013-2018)
Table 2017 Global GPS Watches Revenue Market Share by Region
Figure Global GPS Watches Capacity, Production (K Units) and Growth Rate (2013-2018)
Table Global GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table United States GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table EU GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table China GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table Japan GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table South Korea GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table Taiwan GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table Global GPS Watches Consumption (K Units) Market by Region (2013-2018)
Table Global GPS Watches Consumption Market Share by Region (2013-2018)
Figure Global GPS Watches Consumption Market Share by Region (2013-2018)
Figure 2017 Global GPS Watches Consumption (K Units) Market Share by Region
Table United States GPS Watches Production, Consumption, Import & Export (K Units) (2013-2018)
Table EU GPS Watches Production, Consumption, Import & Export (K Units) (2013-2018)
Table China GPS Watches Production, Consumption, Import & Export (K Units) (2013-2018)
Table Japan GPS Watches Production, Consumption, Import & Export (K Units) (2013-2018)
Table South Korea GPS Watches Production, Consumption, Import & Export (K Units) (2013-2018)
Table Taiwan GPS Watches Production, Consumption, Import & Export (K Units) (2013-2018)
Table Global GPS Watches Production (K Units) by Type (2013-2018)
Table Global GPS Watches Production Share by Type (2013-2018)
Figure Production Market Share of GPS Watches by Type (2013-2018)
Figure 2017 Production Market Share of GPS Watches by Type
Table Global GPS Watches Revenue (Million USD) by Type (2013-2018)
Table Global GPS Watches Revenue Share by Type (2013-2018)
Figure Production Revenue Share of GPS Watches by Type (2013-2018)
Figure 2017 Revenue Market Share of GPS Watches by Type
Table Global GPS Watches Price (USD/Unit) by Type (2013-2018)
Figure Global GPS Watches Production Growth by Type (2013-2018)
Table Global GPS Watches Consumption (K Units) by Application (2013-2018)
Table Global GPS Watches Consumption Market Share by Application (2013-2018)
Figure Global GPS Watches Consumption Market Share by Applications (2013-2018)
Figure Global GPS Watches Consumption Market Share by Application in 2017
Table Global GPS Watches Consumption Growth Rate by Application (2013-2018)
Figure Global GPS Watches Consumption Growth Rate by Application (2013-2018)
Table TomTom Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table TomTom GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure TomTom GPS Watches Production Growth Rate (2013-2018)
Figure TomTom GPS Watches Production Market Share (2013-2018)
Figure TomTom GPS Watches Revenue Market Share (2013-2018)
Table Garmin Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Garmin GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Garmin GPS Watches Production Growth Rate (2013-2018)
Figure Garmin GPS Watches Production Market Share (2013-2018)
Figure Garmin GPS Watches Revenue Market Share (2013-2018)
Table Polar Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Polar GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Polar GPS Watches Production Growth Rate (2013-2018)
Figure Polar GPS Watches Production Market Share (2013-2018)
Figure Polar GPS Watches Revenue Market Share (2013-2018)
Table Apple Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Apple GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Apple GPS Watches Production Growth Rate (2013-2018)
Figure Apple GPS Watches Production Market Share (2013-2018)
Figure Apple GPS Watches Revenue Market Share (2013-2018)
Table New Balance Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table New Balance GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure New Balance GPS Watches Production Growth Rate (2013-2018)
Figure New Balance GPS Watches Production Market Share (2013-2018)
Figure New Balance GPS Watches Revenue Market Share (2013-2018)
Table Sony Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Sony GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Sony GPS Watches Production Growth Rate (2013-2018)
Figure Sony GPS Watches Production Market Share (2013-2018)
Figure Sony GPS Watches Revenue Market Share (2013-2018)
Table Suunto Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Suunto GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Suunto GPS Watches Production Growth Rate (2013-2018)
Figure Suunto GPS Watches Production Market Share (2013-2018)
Figure Suunto GPS Watches Revenue Market Share (2013-2018)
Table Timex Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Timex GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Timex GPS Watches Production Growth Rate (2013-2018)
Figure Timex GPS Watches Production Market Share (2013-2018)
Figure Timex GPS Watches Revenue Market Share (2013-2018)
Table Samsung Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Samsung GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Samsung GPS Watches Production Growth Rate (2013-2018)
Figure Samsung GPS Watches Production Market Share (2013-2018)
Figure Samsung GPS Watches Revenue Market Share (2013-2018)
Table Fitbit Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Fitbit GPS Watches Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Fitbit GPS Watches Production Growth Rate (2013-2018)
Figure Fitbit GPS Watches Production Market Share (2013-2018)
Figure Fitbit GPS Watches Revenue Market Share (2013-2018)
Table Production Base and Market Concentration Rate of Raw Material
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of GPS Watches
Figure Manufacturing Process Analysis of GPS Watches
Figure GPS Watches Industrial Chain Analysis
Table Raw Materials Sources of GPS Watches Major Manufacturers in 2017
Table Major Buyers of GPS Watches
Table Distributors/Traders List
Figure Global GPS Watches Capacity, Production (K Units) and Growth Rate Forecast (2018-2025)
Figure Global GPS Watches Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Figure Global GPS Watches Price (Million USD) and Trend Forecast (2018-2025)
Table Global GPS Watches Production (K Units) Forecast by Region (2018-2025)
Figure Global GPS Watches Production Market Share Forecast by Region (2018-2025)
Table Global GPS Watches Consumption (K Units) Forecast by Region (2018-2025)
Figure Global GPS Watches Consumption Market Share Forecast by Region (2018-2025)
Figure United States GPS Watches Production (K Units) and Growth Rate Forecast (2018-2025)
Figure United States GPS Watches Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table United States GPS Watches Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure EU GPS Watches Production (K Units) and Growth Rate Forecast (2018-2025)
Figure EU GPS Watches Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table EU GPS Watches Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure China GPS Watches Production (K Units) and Growth Rate Forecast (2018-2025)
Figure China GPS Watches Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table China GPS Watches Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure Japan GPS Watches Production (K Units) and Growth Rate Forecast (2018-2025)
Figure Japan GPS Watches Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table Japan GPS Watches Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure South Korea GPS Watches Production (K Units) and Growth Rate Forecast (2018-2025)
Figure South Korea GPS Watches Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table South Korea GPS Watches Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure Taiwan GPS Watches Production (K Units) and Growth Rate Forecast (2018-2025)
Figure Taiwan GPS Watches Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table Taiwan GPS Watches Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Table Global GPS Watches Production (K Units) Forecast by Type (2018-2025)
Figure Global GPS Watches Production (K Units) Forecast by Type (2018-2025)
Table Global GPS Watches Revenue (Million USD) Forecast by Type (2018-2025)
Figure Global GPS Watches Revenue Market Share Forecast by Type (2018-2025)
Table Global GPS Watches Price Forecast by Type (2018-2025)
Table Global GPS Watches Consumption (K Units) Forecast by Application (2018-2025)
Figure Global GPS Watches Consumption (K Units) Forecast by Application (2018-2025)
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Source

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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