+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Recreational, Outdoor, and Fitness GPS Devices: Global Strategic Business Report

  • PDF Icon

    Report

  • 278 Pages
  • February 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2228066

Global Recreational, Outdoor, and Fitness GPS Devices Market to Reach $5.6 Billion by 2030

The global market for Recreational, Outdoor, and Fitness GPS Devices estimated at US$1.9 Billion in the year 2022, is projected to reach a revised size of US$5.6 Billion by 2030, growing at a CAGR of 14.3% over the analysis period 2022-2030.

The U.S. Market is Estimated at $567.9 Million, While China is Forecast to Grow at 13.7% CAGR

The Recreational, Outdoor, and Fitness GPS Devices market in the U.S. is estimated at US$567.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$975.6 Million by the year 2030 trailing a CAGR of 13.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.2% and 11.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.8% CAGR.

Select Competitors (Total 52 Featured) -

  • 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.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Frequently Asked Questions about the Global Market for Recreational, Outdoor, and Fitness GPS Devices

What is the estimated value of the Global Market for Recreational, Outdoor, and Fitness GPS Devices?

The Global Market for Recreational, Outdoor, and Fitness GPS Devices was estimated to be valued at $1.5 Billion in 2020.

What is the growth rate of the Global Market for Recreational, Outdoor, and Fitness GPS Devices?

The growth rate of the Global Market for Recreational, Outdoor, and Fitness GPS Devices is 13.8%, with an estimated value of $3.7 Billion by 2027.

What is the forecasted size of the Global Market for Recreational, Outdoor, and Fitness GPS Devices?

The Global Market for Recreational, Outdoor, and Fitness GPS Devices is estimated to be worth $3.7 Billion by 2027.

Who are the key companies in the Global Market for Recreational, Outdoor, and Fitness GPS Devices?

Key companies in the Global Market for Recreational, Outdoor, and Fitness GPS Devices include 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. and Samsung Electronics Co., Ltd..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Global Positioning System (GPS): An Introductory Prelude
  • Recent Market Activity
  • GPS Technology - Expanding Opportunities in Recreation, Outdoor & Fitness Verticals
  • Spectacular Growth on the Cards for Recreational, Outdoor & Fitness GPS Devices
  • Upward Trajectory in the CE Sector Creates Fertile Environment
  • Rising Interest in Sophisticated Lifestyle Gadgets Maintains Growth Momentum
  • Developed Regions Rapidly Evolve as Primary Consumers of GPS Devices
  • Potential Opportunities Prevail in Developing Regions
  • Recreational, Outdoor, and Fitness GPS Devices - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
  • Apple, Inc. (USA)
  • Bryton, Inc. (Taiwan)
  • Bushnell Corporation (USA)
  • Garmin International, Inc. (USA)
  • HOLUX Technology, Inc. (Taiwan)
  • Lowrance Electronics (USA)
  • MiTAC International Corporation (Taiwan)
  • Magellan Navigation, Inc. (USA)
  • Mio Technology Corporation (Taiwan)
  • Navman (New Zealand)
  • Samsung Electronics Co., Ltd. (South Korea)
  • Satmap Systems Ltd. (UK)
  • TomTom N.V. (The Netherlands)
3. MARKET TRENDS & DRIVERS
  • Recreational & Fitness Products Spearhead Market Growth
  • GPS Wristwatches: Mainstay for Fitness GPS Businesses
  • Product Innovations Spur Momentum in GPS Watches Vertical
  • Outdoor Sports GPS Devices Rise in Demand
  • Rising Interest in Golf Offers Lucrative Prospects
  • GPS-Integrated Cycle Computers - A Growing Market
  • GPS Devices to Draw Future Growth from Non-Professional Segment
  • Handheld GPS Devices Continue to Rise in Demand
  • GPS Based Analytics - An Upcoming Potential Market
  • HUDs Garner Growing Interest
  • Augmented Reality Finds Place in GPS Devices
  • GPS Evolves into USP for Digital Cameras & Mobile Handsets
  • Smartphone Apps - A Threat & Boon for GPS Device Makers
  • GPS Leaders Jump onto Smartphone GPS Bandwagon
  • Navigation Software Enabled Smartphones & Tablets Upstage PND Market
  • Favorable Demographic & Socio-Economic Trends Augur Well
  • Rapid Growth in Urban Households
  • Burgeoning Middle Class Population
  • Rising Living Standards
  • Stable Economic Scenario
  • Privacy Concerns - A Key Challenge to Growth
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Recreational, Outdoor, and Fitness GPS Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Recreational, Outdoor, and Fitness GPS Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Recreational, Outdoor, and Fitness GPS Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
  • Table 4: World Recreational, Outdoor, and Fitness GPS Devices Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Recreational, Outdoor, and Fitness GPS Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 5: USA Recent Past, Current & Future Analysis for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 6: USA Historic Review for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
CANADA
  • Table 7: Canada Recent Past, Current & Future Analysis for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 8: Canada Historic Review for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
JAPAN
  • Recreational, Outdoor, and Fitness GPS Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 9: Japan Recent Past, Current & Future Analysis for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 10: Japan Historic Review for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
CHINA
  • Recreational, Outdoor, and Fitness GPS Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 11: China Recent Past, Current & Future Analysis for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 12: China Historic Review for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
EUROPE
  • Recreational, Outdoor, and Fitness GPS Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 13: Europe Recent Past, Current & Future Analysis for Recreational, Outdoor, and Fitness GPS Devices by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 14: Europe Historic Review for Recreational, Outdoor, and Fitness GPS Devices by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 15: Europe 16-Year Perspective for Recreational, Outdoor, and Fitness GPS Devices by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2023 & 2030
FRANCE
  • Recreational, Outdoor, and Fitness GPS Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 16: France Recent Past, Current & Future Analysis for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 17: France Historic Review for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
GERMANY
  • Recreational, Outdoor, and Fitness GPS Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 18: Germany Recent Past, Current & Future Analysis for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 19: Germany Historic Review for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
ITALY
  • Table 20: Italy Recent Past, Current & Future Analysis for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 21: Italy Historic Review for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
UNITED KINGDOM
  • Recreational, Outdoor, and Fitness GPS Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 22: UK Recent Past, Current & Future Analysis for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 23: UK Historic Review for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
REST OF EUROPE
  • Table 24: Rest of Europe Recent Past, Current & Future Analysis for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 25: Rest of Europe Historic Review for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
ASIA-PACIFIC
  • Recreational, Outdoor, and Fitness GPS Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 26: Asia-Pacific Recent Past, Current & Future Analysis for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 27: Asia-Pacific Historic Review for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
REST OF WORLD
  • Table 28: Rest of World Recent Past, Current & Future Analysis for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 29: Rest of World Historic Review for Recreational, Outdoor, and Fitness GPS Devices by Segment - Recreational, Outdoor, and Fitness GPS Devices Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • 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.