GNSS Market Scope 2023:
The Global Navigation Satellite System (GNSS) market is a dynamic and growing sector with incredible potential. GNSS technologies are a critical part of the modern navigation space, used for everything from driverless vehicles and autonomous vessels to military applications like guided missiles and bomb-navigation systems. On the commercial and civilian side, GNSS plays an integral role in air traffic control, land vehicle navigation, location tracking, timing synchronization of devices and networks, precision farming, digital mapping, asset monitoring and more. The global GNSS market growth is expected to be driven by increased demand for navigation along with increasing implementation in industry verticals such as automotive & transportation.
“GNSS Market Size was valued at USD 188.12 billion in 2022 and is expected to reach USD 299.84 billion by 2030, and grow at a CAGR of 9.9% over the forecast period 2023-2030.”
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Major Key Players Analysis are covered in GNSS Market are listed below:
- Qualcomm Inc
- Texas Instrument
- Trimble Inc.
- Rockwell Collins
- Broadcom Inc.
- Hexagon
- Furuno Electric
- Laird Plc
- Cobham Pl
- Harris Corporation
- Topcon Corporation
- Aglunction
- Topcon Corporation
- TomTom NV
- Rockwell Collins
The market analysis examines the global GNSS market and takes into account all of the major trends. The user will be able to comprehend and gain insight into the current and future market position after reading the research. The market is thoroughly examined by geography to provide comprehensive information on the global situation. The user will be able to comprehend and gain insight into the current and future market position after reading the research report. The research also includes a competitive landscape of major industry players, as well as market development trends.
Major Segments and Sub-Segment of GNSS Market are Listed Below:
BY TYPE
- Global Constellations
- Regional Constellations
- Satellite based Augmentation
BY APPLICATION
- Navigation
- Mapping
- Surveying
- Telematics
- Location based services (lBS)
- Other
BY END-USER
- Rail
- Agriculture
- Aviation
- Others
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In this study, the years considered to estimate the market size of GNSS are as follows:
- History Year: 2016-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Year 2022 to 2028
Competitive Analysis
The company profile is covered in the GNSS market report, which includes the product portfolio, business overview, governance, financials, business strategies, manufacturing locations and production facilities, company sale, recent developments and strategic collaborations & partnerships, new product launch, company segments, application diversification, and company strength and weakness analysis.
Reasons to Purchase Market Research Report
- To gain a thorough understanding of market dynamics, the market study includes a complete historical, current, and projected analysis.
- The study report goes into great detail about market dynamics, revenue analysis, market drivers, and development factors.
Regional Analysis Covered in this report:
- North America [United States, Canada]
- Europe [Germany, France, U.K., Italy, Russia]
- Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
- Latin America [Mexico, Brazil, Argentina]
- Middle East & Africa [Turkey, Saudi Arabia, UAE]
Table of Contents – Major Key Points
- Introduction
- Research Methodology
- Market Dynamics
- Impact Analysis
- Value Chain Analysis
- Porter’s 5 Forces Model
- PEST Analysis
- Global GNSS Market Segmentation, By Application.
- Global GNSS Market Segmentation, By Industry
- Global GNSS Market Segmentation, By Panel Size
- Regional Analysis
- Company Profiles
- Competitive Landscape
- Conclusion
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