Navigation Satellite System Receiver Market Size & Share - Industry Trend and Forecast 2018 - 2026

The report analyzes and presents an overview of "Navigation Satellite System Receiver Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" worldwide.

The main objective of this report is to define, describe, and forecast the global “Navigation Satellite System Receiver” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Navigation satellite system is used to pinpoint the geographic location of user’s receiver anywhere in the world. Global Navigation Satellite System (GNSS) plays a significant role in high precision navigation, positioning, timing, and scientific questions related to precise positioning. The global navigation satellite system employs a constellation of orbiting satellites which are working in conjunction with a ground station network. The satellite based navigators use triangulation method to locate the user by calculating information from number of satellites. The satellites involved in the conjunction transmits coded signals at precise intervals. Then, the signal information is being converted into velocity, time estimates, and position. The receiver then calculates the exact location of the transmitting satellite by using this information. This is the process which a global navigation satellite system receiver follows for determining the exact location.

Increasing usage in multiple industry verticals, increasing technology advancements, need for improving the performance in positioning solution especially in adverse environments are some of the primary factors driving the growth of global navigation satellite system receiver market. The other advantages of navigation satellite system receiver which are fueling the growth of global navigation satellite system receiver market include minimal environmental impact, additional revenues from value added services, and low transaction cost. The use of global navigation system receivers is being adopted by spacecraft for precise orbit determination without ground tracking. Furthermore, global navigation satellite system receiver is also used in photographic geocoding. The photographs taken by a digital camera when equipped with global navigation satellite system position data, it allows the user to lookup the locations where they were taken or to view the photograph on map. It is being observed that from last few years the youth is getting more attracted for wild life photography therefore this can be a good impact on the overall GNSS sensor market.

Moreover, Global navigation satellite system receivers are also used in ships and boats for the navigation of all vessels the world’s seas, lakes, and oceans. However, the time taken by the global navigation satellite system receiver to find and lock onto the satellite signal can be considered as a weakness and is one of the factors hampering the growth of global navigation satellite system receiver market. Efforts are being taken by many companies to upgrade their research and development activities to introduce innovations in this field.

The global navigation satellite system receiver market is segmented on the basis of type, connectivity, product type, industry vertical, application and geography. Based on type, the market can be segmented into GPS (global positioning system), GLONASS (global orbiting navigation satellite system), Galileo, and Beidou. On the basis of connectivity, the global navigation satellite system market has been segmented into wired receivers and wireless receivers. Based on product type, the global navigation satellite system receiver market has been segmented into hardware based GNSS receivers and software based GNSS receivers. On the basis of industry vertical, the market is segmented into consumer electronics, automotive, military and defense, travel and tourism, industrial and others. The application segment of global navigation satellite system receiver market can be categorized into outdoor sports and recreational activities, surveying and mapping, mobile satellite communications, emergency and location based services, maritime and others. The geographical diversification of the global navigation satellite system receiver market includes North America, Europe, Asia Pacific, Middle East and Africa, and South America.

Some of the key players operating in the global navigation satellite system receiver market are Trimble Inc., Garmin Ltd., TOPCON CORPORATION, Broadcom, Navipedia, SOKKIA, Pulse Electronics, The GEO Group, Inc. , Suzhou FOIF Co, NavtechGPS, Navigation Technologies" Ltd., Shanghai Huace Navigation Technology Ltd. , JAVAD GNSS, NovAtel Inc., and Hemisphere GNSS.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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