Garmin International's asset
Garmin International

@garmin.com

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Garmin International is a leading technology company based in the United States. It was founded in 1989 and is headquartered in Olathe, Kansas. The company specializes in the production of innovative GPS navigation and wearable technology products.


Garmin's headquarters in Olathe, Kansas, serves as the central hub for its global operations. The facilities are equipped with state-of-the-art research and development laboratories, manufacturing plants, and customer support centers. The company employs over 14,000 people worldwide, with additional offices located in Europe, Asia, and the Americas.


As a pioneer in GPS technology, Garmin offers a wide range of products and services. Its main products include automotive navigation devices, marine and aviation devices, fitness trackers, smartwatches, and handheld GPS devices. These products cater to various industries, including automotive, aviation, marine, outdoor recreation, fitness, and wellness.


Garmin has a significant global presence, with sales and distribution channels across more than 100 countries. The company has established several noteworthy subsidiaries, joint ventures, and partnerships. One such partnership is with Daimler AG, where Garmin provides advanced navigation systems for Mercedes-Benz vehicles.


Garmin's subsidiary, Garmin AT, specializes in providing aviation products and services. In terms of market position, Garmin is recognized as a leader in the GPS technology industry. It competes with other prominent brands such as TomTom, Apple, Fitbit, and Samsung.


Despite intense competition, Garmin has consistently demonstrated strong performance and market share. In 2020, the company reported global sales of over $4 billion. Over the years, Garmin has achieved numerous significant milestones.


In 2003, it launched the StreetPilot, the first portable automotive GPS device. This milestone marked the beginning of Garmin's dominance in the automotive navigation industry. In recent years, Garmin has expanded its product lineup to include advanced fitness trackers and smartwatches, solidifying its position in the wearable technology market.


As of the latest updates, Garmin continues to innovate and introduce new products. The company recently launched the Forerunner 745, a premium smartwatch tailored for athletes. This demonstrates Garmin's commitment to meeting the evolving needs of its customers and maintaining its competitive edge in the market.


In conclusion, Garmin International is a leading technology company known for its GPS navigation and wearable technology products. With a strong global presence and a diverse range of products, Garmin has solidified its position as a market leader. Through continuous innovation and strategic partnerships, the company remains at the forefront of the industry, consistently satisfying the needs of its customers

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Company Type

Public Company

Company Size

10,001+

Year Founded

1989

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