GRMN - Garmin Ltd

Company Overview

Name

Garmin Ltd

Tickers

GRMN

Exchanges

NYSE

Employees

19900

Founded

1989

Sector Information

Other Information

CIK

1121788

Category

Large accelerated filer

1-Line Summary

Garmin Ltd. designs and manufactures GPS-enabled products across fitness, outdoor, aviation, marine, and automotive markets.

Company summary

Garmin Ltd. is a leading provider of GPS and navigation solutions, creating a diverse range of products for active lifestyle enthusiasts. The company operates across five main segments: fitness, outdoor, aviation, marine, and auto OEM. With over 30 years of experience, Garmin designs, develops, and markets innovative GPS-enabled products that cater to the needs of health, recreational, and professional users. In 2023 alone, Garmin delivered more than 16 million products, leveraging its vertical integration model that encompasses manufacturing, research and development, and distribution.

Garmin's extensive product lineup includes fitness devices such as smartwatches and cycling computers, outdoor navigation tools, aviation avionics, marine electronics, and automotive solutions. The company's commitment to high-quality design and usability, as well as constant innovation, enables it to maintain a competitive edge in the rapidly evolving technology landscape. Through its research and development efforts, Garmin focuses on integrating advanced functionalities into its products, such as satellite communication, real-time tracking, and health monitoring, thus enhancing user experiences and operational effectiveness.

Opportunities

Advantages

Risks

Latest reports

No reports found

Similar companies

No recommended companies available at the moment.

Disclaimer

NovusValue.com is not a broker or dealer, and none of its content represents recommendations to buy or sell securities. Information provided on the site is not intended as investment advice. Novus Value is not liable for damages from using its content, including investment losses. Past performance does not indicate future results, and information is not guaranteed for accuracy or completeness.