Global GNSS Chip Market to Grow at Over 7.7% CAGR through 2025

In the present time, the increasing utilization of GNSS devices in security applications and various new applications such as railways, roadways, aviation, marine industry, and defense, is quite evident. This aspect is directly leading to the rise in the market for GNSS chips. To study in-depth about the market expanse for GNSS chips, a new study has been included in the wide database of Market Research Reports Search Engine MRRSE). The report is titled as “Global GNSS Chip Market - Industry Analysis, Trend, Size, Share, and Forecast 2017 – 2025”, which offers a detailed knowledge about the market size and other evaluation factors for the forecast period up to 2025.

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GNSS chips or chipsets are known as the prime components of GNSS devices that work to assist in simplistic transmission and receiving of signals. As per key research findings, the report offers an estimated surge in market valuation for GNSS chip at a 7.7% CAGR (in terms of value) during the forecast period between 2017 and 2025. This research study starts with a precise information compilation of research methodology and executive summary along with a market overview and market taxonomy details. Further, this section also encloses data about the market dynamics such as drivers, restraints, opportunity, and trends, which are quite important in understanding the varied features of the global GNSS chip market.

The next section of the report deals with the market segmentation carried on a varied of factors, such as device type, geography, end-use industry. On the basis of device type, the major segments are smart phones, personal navigation devices, and in-vehicle networking systems. Further, the prominent end-user industries linked to the concerned sector are automotive, agriculture, defense, marine, and others. Considering the regional spread, the global GNSS chip market focuses on the prime regions which are studied on the basis of volume (Billion Units) and value (US$ Bn). The major regions mentioned in the report are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

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As the report concludes, the study brings into attention the leading players from the GNSS chip market on the global scenario. Information such as company details, SWOT analysis, historical revenue and market presence are carefully enclosed for individual players covered in the study. Some of the top companies are Qualcomm Incorporated (, United States), Mediatek Inc. (Taiwan), Intel Corporation (United States), ST Microelectronics N.V. (Switzerland), U-Blox Holdings AG (Switzerland) and Furuno Electric Co., Ltd. (Japan).

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