Product Code: MRFR/ICT/0429-CR
Navigation Satellite System Market Research Report- Forecast to 2032
Market Overview
The Navigation Satellite System market is projected to register a significant CAGR of 12.9% during the forecast period. Expanding Use of GNSS Chip In-Vehicle Systems and Combination of IoT in Buyer Gadgets, are a portion of the variables driving the development of the Navigation Satellite System market.
Automated flying vehicles (UAVs) are radio-controlled airplanes that are furnished with sensors, target designators, or electronic transmitters for reconnaissance and other observatory applications with practically no manual help. The innovation was recently utilized in military and guard and government verticals as it offers a more drawn-out season of flight and more noteworthy observation range when contrasted with monitored systems.
The innovation offers UAVs with consistent portable situating and high exactness direction for applications like navigation, direction, and control of automated vehicles as well as planning and study from UAVs. Coordinating position innovations, for example, GNSS and inertial advances with remote correspondence to the UAVs permits the clients to accomplish item separation and gain an upper hand in the marketplace in this way offering market potential learning experiences before long.
Market Segmentation
In view of Type, the Navigation Satellite System Market is divided into Gadgets and Worth Added Administrations.
Navigation as a worth-added administration helps in observing and controlling the development of a vehicle starting with one spot and then onto the next.
In view of the application, the Navigation Satellite System Market is divided into Area Based Administrations (LBS), Car/Street, Studying, Rail, Flying, Others, and Farming.
Regional Insights
Asia-Pacific overwhelmed the Navigation Satellite System Market with a portion of 36.2% of the all-out market in 2022. Asia-Pacific represented the biggest offer in the Navigation Satellite System Market because of the rising reception of cell phones wearable gadgets, and online businesses. Additionally, the rising reception of GNSS systems by the transportation organizations in the region is likewise one of the main considerations which are driving the market. Progressions in innovation, the rising entrance of associated vehicles, and expanding speculations for observation by the legislatures in the region are likewise factors driving the market.
North America held the second-biggest offer in the GNSS market; this is because of the fast progressions in innovation, establishment of associated gadgets, and expanding number of utilizations of GNSS in rail routes, transportation, and robot administrations, among others, which is driving the development of the market.
Europe holds the third-biggest offer and is supposed to enroll huge development in the GNSS market during the estimated time frame attributable to the rising reception of navigation systems across ventures, including car and aviation, and protection. Galileo is the European global navigation satellite system that offers situating, timing, and navigation information to clients across Europe; this system gives advanced situating and timing data to the clients.
Major Players
Key Companies in the Navigation Satellite System market include Qualcomm Technologies Inc, Hexagon AB, Trimble Inc, Septentrio N.V, U-Blox Holding AG, Quectel Wireless Solutions Co., Ltd., Topcon Corporation, NavCom Technology Inc, ST Microelectronics NV, Spaceopal Gmbh.
TABLE OF CONTENTS
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 12
- 1.1 GLOBAL NAVIGATION SATELLITE SYSTEM MARKET, BY TYPE 13
- 1.2 GLOBAL NAVIGATION SATELLITE SYSTEM MARKET, BY APPLICATION 14
- 1.3 GLOBAL NAVIGATION SATELLITE SYSTEM MARKET, BY REGION 15
2 MARKET INTRODUCTION 16
- 2.1 DEFINITION 16
- 2.2 SCOPE OF THE STUDY 16
- 2.3 RESEARCH OBJECTIVE 16
- 2.4 MARKET STRUCTURE 17
3 RESEARCH METHODOLOGY 18
- 3.1 RESEARCH PROCESS 18
- 3.2 PRIMARY RESEARCH 19
- 3.3 SECONDARY RESEARCH 20
- 3.4 MARKET SIZE ESTIMATION 20
- 3.5 FORECAST MODEL 22
- 3.6 LIST OF ASSUMPTIONS 23
4 MARKET DYNAMICS 24
- 4.1 INTRODUCTION 24
- 4.2 DRIVERS 25
- 4.2.1 INCREASING APPLICATION OF GNSS CHIP IN IN-VEHICLE SYSTEMS 25
- 4.2.2 INTEGRATION OF IOT IN CONSUMER ELECTRONICS 25
- 4.3 RESTRAINTS 26
- 4.3.1 HIGH POWER CONSUMPTION BY GNSS ENABLED DEVICES 26
- 4.4 OPPORTUNITY 26
- 4.4.1 INCREASING DEMAND FOR UNMANNED AERIAL VEHICLES (UAVS) 26
- 4.4.2 ADOPTION OF AUGMENTED REALITY 26
- 4.5 CHALLENGE 27
- 4.5.1 CONCERNS REGARDING INACCURACY OF GNSS IN INDOOR, UNDERGROUND, AND UNDERWATER NAVIGATION 27
5 MARKET FACTOR ANALYSIS 28
- 5.1 VALUE CHAIN 28
- 5.1.1 COMPONENT MANUFACTURERS 29
- 5.1.2 SYSTEM INTEGRATORS 29
- 5.1.3 SERVICE PROVIDERS/ VALUE-ADDED RESELLERS (VARS) 29
- 5.1.4 END-USERS 29
- 5.2 PORTER'S FIVE FORCES MODEL 30
- 5.2.1 THREAT OF NEW ENTRANTS 30
- 5.2.2 BARGAINING POWER OF SUPPLIERS 31
- 5.2.3 THREAT OF SUBSTITUTES 31
- 5.2.4 BARGAINING POWER OF BUYERS 31
- 5.2.5 INTENSITY OF RIVALRY 31
6 GLOBAL NAVIGATION SATELLITE SYSTEM MARKET, BY TYPE 32
- 6.1 INTRODUCTION 32
- 6.1.1 DEVICES 34
- 6.1.2 VALUE-ADDED SERVICES 34
7 GLOBAL NAVIGATION SATELLITE SYSTEM MARKET, BY APPLICATION 35
- 7.1 INTRODUCTION 35
- 7.1.1 AUTOMOTIVE/ROAD 36
- 7.1.2 RAIL 36
- 7.1.3 AVIATION 36
- 7.1.4 AGRICULTURE 36
- 7.1.5 SURVEYING 36
- 7.1.6 LOCATION-BASED SERVICES (LBS) 37
8 GLOBAL NAVIGATION SATELLITE SYSTEM MARKET, BY REGION 38
- 8.1 OVERVIEW 38
- 8.2 NORTH AMERICA 40
- 8.2.1 US 44
- 8.2.2 CANADA 46
- 8.2.3 MEXICO 48
- 8.3 EUROPE 50
- 8.3.1 U.K 53
- 8.3.2 GERMANY 55
- 8.3.3 FRANCE 57
- 8.3.4 ITALY 59
- 8.3.5 REST OF EUROPE 61
- 8.4 ASIA-PACIFIC 63
- 8.4.1 CHINA 67
- 8.4.2 JAPAN 69
- 8.4.3 INDIA 71
- 8.4.4 REST OF ASIA-PACIFIC 72
- 8.5 MIDDLE EAST AND AFRICA 74
- 8.6 SOUTH AMERICA 78
9 COMPETITIVE LANDSCAPE 81
- 9.1 OVERVIEW 81
- 9.2 MARKET SHARE ANALYSIS, 2022 (% SHARE) 81
- 9.3 COMPETITIVE BENCHMARKING 83
10 COMPANY PROFILES 84
- 10.1 QUALCOMM TECHNOLOGIES INC. 84
- 10.1.1 COMPANY OVERVIEW 84
- 10.1.2 FINANCIAL OVERVIEW 85
- 10.1.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 85
- 10.1.4 KEY DEVELOPMENTS 86
- 10.1.5 SWOT ANALYSIS 87
- 10.1.6 KEY STRATEGIES 87
- 10.2 HEXAGON AB 88
- 10.2.1 COMPANY OVERVIEW 88
- 10.2.2 FINANCIAL OVERVIEW 89
- 10.2.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 90
- 10.2.4 KEY DEVELOPMENTS 90
- 10.2.5 SWOT ANALYSIS 91
- 10.2.6 KEY STRATEGIES 91
- 10.3 TRIMBLE INC. 92
- 10.3.1 COMPANY OVERVIEW 92
- 10.3.2 FINANCIAL OVERVIEW 93
- 10.3.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 94
- 10.3.4 KEY DEVELOPMENTS 95
- 10.3.5 SWOT ANALYSIS 95
- 10.3.6 KEY STRATEGIES 96
- 10.4 SEPTENTRIO NV 97
- 10.4.1 COMPANY OVERVIEW 97
- 10.4.2 FINANCIAL OVERVIEW 97
- 10.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 98
- 10.4.4 KEY DEVELOPMENTS 99
- 10.4.5 SWOT ANALYSIS 100
- 10.4.6 KEY STRATEGIES 100
- 10.5 U-BLOX HOLDING AG 101
- 10.5.1 COMPANY OVERVIEW 101
- 10.5.2 FINANCIAL OVERVIEW 102
- 10.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 103
- 10.5.4 KEY DEVELOPMENTS 104
- 10.5.5 SWOT ANALYSIS 105
- 10.5.6 KEY STRATEGIES 105
- 10.6 QUECTEL WIRELESS SOLUTIONS CO., LTD. 106
- 10.6.1 COMPANY OVERVIEW 106
- 10.6.2 FINANCIAL OVERVIEW 107
- 10.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 107
- 10.6.4 KEY DEVELOPMENTS 108
- 10.6.5 SWOT ANALYSIS 109
- 10.7 TOPCON CORPORATION 110
- 10.7.1 COMPANY OVERVIEW 110
- 10.7.2 FINANCIAL OVERVIEW 111
- 10.7.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 112
- 10.7.4 KEY DEVELOPMENTS 113
- 10.8 NAVCOM TECHNOLOGY, INC. 114
- 10.8.1 COMPANY OVERVIEW 114
- 10.8.2 FINANCIAL OVERVIEW 114
- 10.8.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 114
- 10.8.4 KEY DEVELOPMENTS 114
- 10.8.5 KEY STRATEGIES 114
- 10.9 STMICROELECTRONICS NV 115
- 10.9.1 COMPANY OVERVIEW 115
- 10.9.2 FINANCIAL OVERVIEW 116
- 10.9.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 117
- 10.9.4 KEY DEVELOPMENTS 117
- 10.9.5 SWOT ANALYSIS 118
- 10.9.6 KEY STRATEGIES 118
- 10.10 SPACEOPAL GMBH 119
- 10.10.1 COMPANY OVERVIEW 119
- 10.10.2 FINANCIAL OVERVIEW 119
- 10.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 119
- 10.10.4 KEY DEVELOPMENTS 119
- 10.10.5 KEY STRATEGIES 119