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Mid-and High-Level Precision GPS Receiver Market Worth $4.0 Billion by 2026

Northbrook, IL -- (SBWIRE) -- 03/02/2021 -- According to the new market research report "Mid-and High-Level Precision GPS Receiver Market with COVID-19 Impact, by Type (Differential Grade, Survey Grade), Industry (Agriculture, Mining, Construction, Oil & Gas) and Geography - Global Forecast to 2026", published by MarketsandMarkets™, the global Mid-and High-Level Precision GPS Receiver Market size is expected to grow from USD 2.7 billion in 2021 to USD 4.0 billion by 2026, at a CAGR of 8.6%. The growth of this market is driven mainly by growing adoption of GPS receivers in construction industry, rising technological advancements and GPS augmentation system, rising ongoing development to improve overall GPS infrastructure, and growing availability of more cost-effective GPS solutions.
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