| Product Code: ETC7500818 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Hungary`s import trend for the GPS IC market experienced a decline of -21.68% compared to 2023, with a compound annual growth rate (CAGR) of 2.27% from 2020 to 2024. This negative growth can be attributed to shifting demand patterns or changes in trade policies impacting market stability.

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 Hungary GPS IC Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary GPS IC Market Revenues & Volume, 2022 & 2032F |
3.3 Hungary GPS IC Market - Industry Life Cycle |
3.4 Hungary GPS IC Market - Porter's Five Forces |
3.5 Hungary GPS IC Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Hungary GPS IC Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Hungary GPS IC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for connected cars and IoT devices driving the adoption of GPS IC technology. |
4.2.2 Growing focus on precision agriculture and smart farming practices in Hungary. |
4.2.3 Government initiatives promoting the use of GPS IC technology for transportation and logistics efficiency. |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with GPS IC technology implementation. |
4.3.2 Data security and privacy concerns related to the use of GPS IC in various applications. |
5 Hungary GPS IC Market Trends |
6 Hungary GPS IC Market, By Types |
6.1 Hungary GPS IC Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary GPS IC Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Hungary GPS IC Market Revenues & Volume, By SIRF, 2022-2032F |
6.1.4 Hungary GPS IC Market Revenues & Volume, By MTK, 2022-2032F |
6.1.5 Hungary GPS IC Market Revenues & Volume, By MSTAR, 2022-2032F |
6.1.6 Hungary GPS IC Market Revenues & Volume, By Others, 2022-2032F |
6.2 Hungary GPS IC Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hungary GPS IC Market Revenues & Volume, By Voice-Guided Navigation, 2022-2032F |
6.2.3 Hungary GPS IC Market Revenues & Volume, By Tracking and Tracing, 2022-2032F |
6.2.4 Hungary GPS IC Market Revenues & Volume, By Location-Enabled Search, 2022-2032F |
6.2.5 Hungary GPS IC Market Revenues & Volume, By Others, 2022-2032F |
7 Hungary GPS IC Market Import-Export Trade Statistics |
7.1 Hungary GPS IC Market Export to Major Countries |
7.2 Hungary GPS IC Market Imports from Major Countries |
8 Hungary GPS IC Market Key Performance Indicators |
8.1 Percentage increase in the number of connected cars and IoT devices using GPS IC technology. |
8.2 Growth in the adoption of GPS IC technology in the agriculture and farming sector. |
8.3 Number of government projects or initiatives incorporating GPS IC technology for transportation and logistics efficiency. |
9 Hungary GPS IC Market - Opportunity Assessment |
9.1 Hungary GPS IC Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Hungary GPS IC Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Hungary GPS IC Market - Competitive Landscape |
10.1 Hungary GPS IC Market Revenue Share, By Companies, 2025 |
10.2 Hungary GPS IC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here