Press release
GPS and GNSS Receiver Market is projected to reach USD 10.73 billion by 2025 at a CAGR of 9.1% from 2018 to 2025 | Top Key Vendors – Qualcomm, Broadcom, Garmin, Trimble, Geo++, Novatel, Navcom Technology, Pulse Electronics and many more
Our research study mainly includes an in-depth study of the GPS and GNSS Receiver Market which includes major drivers, restraints, opportunities, and challenges faced in the research market along with the latest industrial trends. We provide a market study that encompasses both qualitative and quantitative assessments of the latest trends for the market segmentations classified by our analysts. According to our research team, the Global GPS and GNSS Receivers in Aviation Market was valued at USD 5.41 billion in 2017 and is projected to reach USD 10.73 billion by 2025, growing at a CAGR of 9.1% from 2018 to 2025.GNSS (Global Navigation Satellite System) is a satellite-based network responsible for the satellite positioning. Global Positioning system (GPS) is an application of GNSS used to track the positioning of a continuously moving entity and it was first developed for military personals. GNSS receivers and GPS receivers are now widely used in both military and civil. Its role in aviation market is to continuously track and study the positioning of aircrafts with low power consumption and more efficient and precise information. GNSS and GPS receivers are primarily used in air navigation, sea vessels and industrial machinery.
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Growing demands of GNSS Market Report and GPS Receiver Market in military and civilian aircrafts along with rapid advancement in technical features of GNSS and GPS amplification has been driving the market. However, increased satellite dependency might hamper the overall market at a global level.
The “Global GPS and GNSS Receiver in Aviation Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Qualcomm, Broadcom, Garmin, Trimble, Geo++, Novatel, Navcom Technology, Pulse Electronics and many more. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
As a part of market segmentation, our study exhibits a market analysis on the basis of product, application and geography. Asia Pacific accounts for the fastest growing market due to the presence of numerous developing countries in this region along with their emerging markets. The Chinese market has a major share in this region.
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Global Trade Credit Insurance Market Outlook
1. Market Dynamics.
2. Market Drivers
3. Use of multiple distribution channels.
4. Expansion to new geographic markets
5. Market Restraints
6. Lack of awareness about credit insurance hurting market growth
7. Continued Market Volatility
8. Market Challenges
9. Continued regulatory oversight in credit insurance market
10. PRIMARY INTERVIEW TRANSCRIPTS
Premium Insights
• OPPORTUNITIES IN THE GPS AND GNSS RECEIVERS IN AVIATION MARKET
• GLOBAL MARKET SPLIT
• COUNTRY CAGRS, 2018 - 2025
Market Segmentation by Geography
11. North America
12. Europe
13. Asia Pacific
14. Latin America
15. Rest of the World
............Continued
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