| Product Code: ETC7068218 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
El Salvador`s GPS IC import shipments in 2024 saw a diversification in sources, with top exporters being Italy, China, Mexico, USA, and Taiwan. The market showed a shift from high concentration in 2023 to moderate concentration in 2024, indicating increased competition. The impressive CAGR of 35.56% from 2020 to 2024 highlights the sector`s rapid expansion, with a remarkable growth rate of 145.62% from 2023 to 2024. This dynamic market trend suggests a promising outlook for the GPS IC import industry in El Salvador.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 El Salvador GPS IC Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador GPS IC Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador GPS IC Market - Industry Life Cycle |
3.4 El Salvador GPS IC Market - Porter's Five Forces |
3.5 El Salvador GPS IC Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 El Salvador GPS IC Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 El Salvador GPS IC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for GPS-enabled devices and applications in various industries such as transportation, logistics, and agriculture. |
4.2.2 Growing adoption of IoT (Internet of Things) devices and smart technologies that rely on GPS IC for accurate location tracking. |
4.2.3 Government initiatives to enhance public safety and security through the use of GPS-enabled services. |
4.3 Market Restraints |
4.3.1 High initial costs associated with implementing GPS IC technology, which may limit adoption among small and medium-sized businesses. |
4.3.2 Concerns regarding data privacy and security issues related to the collection and use of location data. |
4.3.3 Limited awareness and understanding of the benefits of GPS IC technology among potential end-users. |
5 El Salvador GPS IC Market Trends |
6 El Salvador GPS IC Market, By Types |
6.1 El Salvador GPS IC Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador GPS IC Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 El Salvador GPS IC Market Revenues & Volume, By SIRF, 2021- 2031F |
6.1.4 El Salvador GPS IC Market Revenues & Volume, By MTK, 2021- 2031F |
6.1.5 El Salvador GPS IC Market Revenues & Volume, By MSTAR, 2021- 2031F |
6.1.6 El Salvador GPS IC Market Revenues & Volume, By Others, 2021- 2031F |
6.2 El Salvador GPS IC Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 El Salvador GPS IC Market Revenues & Volume, By Voice-Guided Navigation, 2021- 2031F |
6.2.3 El Salvador GPS IC Market Revenues & Volume, By Tracking and Tracing, 2021- 2031F |
6.2.4 El Salvador GPS IC Market Revenues & Volume, By Location-Enabled Search, 2021- 2031F |
6.2.5 El Salvador GPS IC Market Revenues & Volume, By Others, 2021- 2031F |
7 El Salvador GPS IC Market Import-Export Trade Statistics |
7.1 El Salvador GPS IC Market Export to Major Countries |
7.2 El Salvador GPS IC Market Imports from Major Countries |
8 El Salvador GPS IC Market Key Performance Indicators |
8.1 Average number of new GPS IC applications or solutions developed and launched in the market. |
8.2 Percentage increase in the usage of GPS IC technology across different industry sectors. |
8.3 Average time taken for businesses to see a return on investment (ROI) after implementing GPS IC solutions. |
9 El Salvador GPS IC Market - Opportunity Assessment |
9.1 El Salvador GPS IC Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 El Salvador GPS IC Market Opportunity Assessment, By Application, 2021 & 2031F |
10 El Salvador GPS IC Market - Competitive Landscape |
10.1 El Salvador GPS IC Market Revenue Share, By Companies, 2024 |
10.2 El Salvador GPS IC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |