Actual demand and development trend of GPS market

　　Relevant departments predict that by the end of 2005, the level of passenger traffic will reach 18 billion person times of road passenger traffic annually; The total number of passenger cars operated nationwide has reached 3 million, including 1 million large and medium-sized passenger cars engaged in regular bus, chartered bus and tourist bus transportation. The proportion of high-grade passenger cars in the total number of passenger cars has reached more than 15%, and the proportion of medium-sized passenger cars has reached more than 50%. By 2010, the total number of passenger cars operated in China will reach 5 million, including 1.5 million large and medium-sized passenger cars. The proportion of high-grade passenger cars in the total number of passenger cars will reach more than 20%, and the proportion of medium-sized passenger cars will reach more than 60%; In terms of long-distance transportation, China has nearly 9 million freight cars, and the development of the logistics industry in recent years is obvious to all. The huge market contains huge opportunities. GPS plays a significant role in passenger transport and logistics transportation management. As time goes on, the market is improving, users are mature, and the market demand is expanding. In the first five months of this year, the average daily loading volume of China's railways was 82000 vehicles, with a cumulative shipment of 722 million tons of goods, up 8% year on year; China's coastal and inland ports completed a total cargo throughput of 740 million tons, a year-on-year increase of 16%, including 234 million tons of foreign trade cargo throughput of China's ports, a year-on-year increase of 14.3%, showing an increasing trend month by month; Road freight volume reached 4.1 billion tons, up 5.5% year on year. It is estimated that the total number of vehicle positioning monitoring systems installed in 2006 will approach or exceed 500000.

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