Part 6/8:
Garmin’s product lines extend beyond fitness trackers and smartwatches. They include specialized outdoor devices and marine products, catering to adventurers, cyclists, and even boaters. The company’s focus on specific use cases has generated substantial demand and growth in categories like hiking GPS devices, cycling computers, and boat navigation tools. This diversification further emphasizes Garmin’s thoughtful approach to carving out profitable niches rather than engaging in a brutal price war over consumer lifestyle products with larger competitors.