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Garmin Ltd. Unclaimed

Consumer Electronics

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www.garmin.com

Garmin is a global technology company that designs GPS-enabled wearables and navigation solutions for outdoor, fitness, automotive, marine, and aviation markets.

Garmin Ltd. is a global technology company that designs and manufactures GPS-based navigation hardware and wearable devices for consumer, automotive, marine, aviation, and enterprise markets. The company serves athletes and outdoor enthusiasts with smartwatches and fitness wearables, and provides navigation and mapping solutions for vehicles, boats, aircraft, and mobile devices. Garmin offers maps, software platforms, and services such as Garmin Connect, Garmin Pay, Garmin Health, and Garmin Coach, enabling tracking, training, mapping, and connected experiences across everyday life and professional contexts.

To empower people to navigate, track, and explore more effectively by providing reliable GPS-based hardware, software, and mapping solutions for everyday athletes, professionals, and enthusiasts.

What we offer

Forerunner 70 & 170

Discover your running potential with intuitive GPS smartwatches.

www.garmin.com/en-US/p/1941179/

CIRQA Smart Band

Tracks your activities throughout the day without a subscription.

www.garmin.com/en-US/p/1989182/

Approach Z10

Enhances your golfing experience with precise distance measurements.

www.garmin.com/en-US/p/1952393/

XERO L60i

Provides essential navigation features for outdoor enthusiasts.

www.garmin.com/en-US/p/798183/

DeLorme Atlas & Gazetteer

Navigate outdoor areas with detailed maps and regional information.

www.garmin.com/en-US/c/delorme-atlas-gazetteer/

Market segments

Market size by segment

Growth potential (CAGR)

Wearable fitness and running devices

72.08 Billion USD18.5% CAGR

Wearable devices that provide GPS-based activity tracking, heart-rate monitoring, sleep tracking, and smart notifications to support training and daily health monitoring.

Golf rangefinding and on-course navigation

0.365 Billion USD5.4% CAGR

Devices that deliver laser distance measurement and course mapping to provide accurate yardages and on-course decision support for golfers.

Outdoor mapping and portable navigation

26.77 Billion USD14.64% CAGR

Topographical maps and portable navigation devices that enable mapping, route planning, navigation, and durable use in outdoor recreation and travel.

More information about our offering

Forerunner 70 & 170

Easy-to-use GPS running smartwatches with features to enhance your training and lifestyle.

  • Track Your Runs Accurately
    Utilize built-in GPS for precise tracking of distances and routes during your runs.
  • Monitor Heart Rate Continuously
    Stay informed about your heart rate with real-time tracking and insights to optimize your training.
  • Stay Connected
    Get alerts for calls, texts, and app notifications right on your wrist, ensuring you never miss an important message.
  • Track Daily Activities
    Monitor your steps, sleep, and daily activities, helping you achieve a healthier lifestyle.
  • Customize Your Display
    Easily personalize your watch to show the metrics most important to you, making it uniquely yours.

CIRQA Smart Band

CIRQA™ Smart Band tracks all day without requiring a subscription.

  • Tracks Activities All Day
    The CIRQA Smart Band continuously tracks your step count, distance, and calories burned throughout the day, providing insights to help you stay active.
  • Enjoy Without Subscription Fees
    Unlike many fitness trackers, the CIRQA Smart Band does not require a subscription for its features, making it cost-effective for users.
  • Analyzes Sleep Quality
    The device monitors your sleep duration and stages, giving you insights into your rest quality to help you improve your sleep habits.
  • Wear While Swimming
    The CIRQA Smart Band is water-resistant, allowing you to wear it while swimming or during showers.
  • Stay Connected
    Receive call, text, and app notifications directly on your wrist, ensuring you stay connected without having to reach for your phone.

Approach Z10

Compact laser rangefinder designed for easy use on the golf course.

  • Measures Distances Precisely
    Utilizes advanced laser technology to achieve precise distance readings to the flag or hazards.
  • Provides Easy Portability
    Its compact design allows golfers to carry it effortlessly, making it ideal for quick distance assessments on the course.
  • Ensures Easy Operation
    Designed with an intuitive interface, enabling golfers to obtain distance measurements quickly.

XERO L60i

See distance, mapping, navigation, and more.

  • Measures Distances Accurately
    The device offers precise distance measurements, essential for effective navigation and outdoor planning.
  • Facilitates Easy Navigation
    The device allows intuitive navigation, helping users find their way efficiently.
  • Access Comprehensive Maps
    Users can explore detailed maps that enhance navigation and outdoor adventure planning.
  • Plan Routes Seamlessly
    Users can create custom routes, making it easy to plan trips.
  • Navigate with Simple Controls
    Offers an intuitive interface that makes navigation straightforward.

DeLorme Atlas & Gazetteer

Offers detailed maps for outdoor enthusiasts, featuring topographical details and regional information.

  • Provides Thorough Mapping
    Enables users to explore remote outdoor areas with detailed topographical maps.
  • Resilient for Field Use
    Perfect for outdoor activities, supporting extensive exploration.
  • Facilitates Informed Terrain Navigation
    Assists users in making informed navigation choices across varying landscapes.
  • Offers Comprehensive Regional Information
    Helps users locate important sites and enhance travel planning.

References

Methodology and sourcing behind the figures shown above.

Wearable fitness and running devices

Estimates derived from multiple market reports in the provided results. Fortune Business Insights explicitly reports a global fitness tracker market of USD 72.08B in 2025 (used as the primary size estimate). Other sources show a wide range (SNSInsider ~USD 16.12B; BusinessResearchInsights ~USD 11–12.5B; PrecedenceResearch ~USD 78.78B in 2025). Growth potential (CAGR) varies across reports (12.3%–24.4%); I selected a mid-to-higher consensus CAGR (18.5%) consistent with PrecedenceResearch and the cluster of higher estimates to reflect strong projected expansion in wearable fitness devices.

Golf rangefinding and on-course navigation

Estimate based on industry reports in the search results: GMI Insights reports the golf rangefinders market at USD 365M (2023) with a 4.8% CAGR; Transparency Market Research reports USD 302.9M (2022) with a 6.0% CAGR to 2031. BusinessResearchInsights provides a related golf GPS equipment figure (USD 0.41B in 2026, 2.5% CAGR) for the GPS/navigation subset. I used the GMI 2023 valuation (USD 365M → 0.365B) as the current market size and a blended CAGR (~5.4%) averaging the 4.8% and 6.0% range to reflect combined rangefinder and on-course navigation growth.

Outdoor mapping and portable navigation

Estimate anchored to the outdoor portable navigation device market figure from Business Research Insights (USD 26.77B, 2026) as the closest direct match for portable navigation hardware. Growth potential uses the same source’s device CAGR (14.64%). Supplementary support comes from adjacent markets: digital maps (Precedence Research: USD 26.62B in 2025; CAGR ~15.9%) and indoor positioning/navigation (Fortune Business Insights: large market and high CAGR), which together indicate robust demand for mapping and navigation solutions.