Global GNSS Chip Market Size, Revenue, Growth, Status and Forecast 2025

The market for GNSS Chip is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Global GNSS Chip Market Size, Status and Forecast 2025” which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions.

Furthermore, an anticipated growth at a double-digit CAGR for the GNSS Chip sector is highlighted in the report which indicates a prosperous future.This report studies the global GNSS Chip market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global GNSS Chip market by companies, region, type and end-use industry.

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Global Navigation Satellite System (GNSS) is the infrastructure that allows users with a compatible device to determine their position, velocity and time by processing signals from satellites. GNSS signals are provided by a variety of satellite positioning systems, including global and regional constellations and Satellite-Based Augmentation Systems:

The APAC region would continue to account for the largest share of the GNSS chip market in the coming years. Due to the increasing adoption of IoT and portable consumer electronics devices in countries such as China, Japan, and South Korea, the GNSS chip market in APAC is expected to grow at a high rate.

Qualcomm, Broadcom and Mediatek captured the top three revenue share spots in the GNSS Chips market in 2016. Qualcomm dominated with 24.46% revenue share, followed by Broadcom with 13.68% revenue share and Mediatek with 8.19% revenue share.

In the next five years, the global consumption volume of GNSS Chips will show upward tendency further, consumption volume is expected in 2022 will be 3149.51 Million Units. The average price is around 1.60 $/Unit.

Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.

Although sales of GNSS Chips brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market

In 2017, the global GNSS Chip market size was 3570 million US$ and it is expected to reach 6220 million US$ by the end of 2025, with a CAGR of 7.2% during 2018-2025.

This report focuses on the global top players, covered
Qualcomm
Broadcom
Mediatek
u-blox
STM
Intel Corporation
Furuno Electric
Quectel Wireless Solutions
Navika Electronics

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India

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Market segment by Type, the product can be split into
High Precision GNSS Chips
Standard Precision GNSS Chips

Market segment by Application, split into
Smartphones
Tablets
Personal Navigation Devices
In-Vehicle Systems
Wearable Devices
Digital Cameras
Others

The study objectives of this report are:
To study and forecast the market size of GNSS Chip in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.

To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.

To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of GNSS Chip are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders
GNSS Chip Manufacturers
GNSS Chip Distributors/Traders/Wholesalers
GNSS Chip Subcomponent Manufacturers
Industry Association
Downstream Vendors

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