Navigation Satellite System Market (Updated Version Available)

Navigation Satellite System Market Size, COVID-19 Impact Analysis By Regional Outlook(Europe, Asia Pacific, America[United States, Canada, Mexico, Brazil, Argentina, Columbia, Chile, Peru], Middle East And Africa), Industry Analysis Report, Growth Potential, Price Trend, Competitive Market Share, Market Statistics & Forecast 2021 - 2025

Report ID : RI_269402 | Date : January 2021 | Format : ms word ms Excel PPT PDF

This Report Includes The Most Up-To-Date Market Figures, Statistics & Data
Global Navigation Satellite System (GNSS) is the infrastructure that allows users with a compatible device to determine their position, velocity and local time by processing signals from satellites in space. GNSS signals are provided by a variety of satellite positioning systems, including global Constellations and Satellite-Based Augmentation Systems. Global Navigation Satellite System (GNSS) plays a significant role in high precision navigation, positioning, timing, and scientific questions related to precise positioning. Of course in the widest sense, this is a highly precise, continuous, all-weather and a real-time technique.
The GNSS market comprises products (receivers and devices) and services using GNSS-based positioning as a significant enabler. This Market Report primarily considers the core GNSS market . For multi-function devices (e.g. smartphones), the core market includes the value of GNSS functionality only, rather than the full device price and service revenues directly attributable to GNSS functionality (e.g. data downloaded by smartphones over cellular networks to use Location-Based Services). For multi-function devices, a correction factor is taken into account.

Japan\'s internal market has been APAC\'s largest for a while and served by GPS-based augmented systems, such as MSAS, and in the future by QZSS (seven satellites are expected in orbit by 2020). With a bandwidth-hungry and tech-savvy consumer base, Japan is a big, attractive GNSS market, but difficult to penetrate due to local dominance. It is understood that entering the Japanese market is medium risk, high cost, with high expectations from customers and prospects for long-term returns.
China is in the process of expanding its regional BDS navigation system into the global BDS navigation system by 2020. With its BDS-2 GNSS system, new political focus on innovation and 72 percent of 1.3 billion people owning a mobile phone, China represents a huge market potential. However, challenges to growth include political restrictions, legal hurdles for private companies, and the issue of BDS code being un-available to commercial providers.

The report offers detailed coverage of Navigation Satellite System industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Navigation Satellite System by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Navigation Satellite System market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Navigation Satellite System market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Qualcomm
Trimble Navigation
Broadcom
Furuno Electric
Rockwell Collins
Texas Instruments
Cobham
Hexagon

At the same time, we classify Navigation Satellite System according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Global Constellations
Regional Constellations
Market by Application
Location-Based Services (LBS)
Road
Aviation
Rail
Maritime
Agriculture
Surveying
Time and Synchronisation (Timing & Sync)

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Navigation Satellite System market for the forecast period 2021 - 2025?
• What are the driving forces in the Navigation Satellite System market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Navigation Satellite System industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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