Press release
Demand for Navigation Satellite System Market Industry is on the rise.find more about Industry Top Players: Qualcomm, Trimble Navigation, Broadcom, Furuno Electric, Rockwell Collins, Texas Instruments, Cobham, Hexagon
A research report on this has been issued that will be of help to not only the current stakeholders but also those who are keen to enter the Navigation Satellite System (GNSS) business. A comprehensive analysis of various aspects has been done. This involved covering the region-wise report apart from describing various factors affecting the performance of the industry.Global Navigation Satellite System (GNSS) is the infrastructure that allows users with a compatible device to determine their position, velocity and local time by processing signals from satellites in space. GNSS signals are provided by a variety of satellite positioning systems, including global Constellations and Satellite-Based Augmentation Systems. Global Navigation Satellite System (GNSS) plays a significant role in high precision navigation, positioning, timing, and scientific questions related to precise positioning. Of course in the widest sense, this is a highly precise, continuous, all-weather and a real-time technique.
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The GNSS market comprises products (receivers and devices) and services using GNSS-based positioning as a significant enabler. This Market Report primarily considers the core GNSS market . For multi-function devices (e.g. smartphones), the core market includes the value of GNSS functionality only, rather than the full device price and service revenues directly attributable to GNSS functionality (e.g. data downloaded by smartphones over cellular networks to use Location-Based Services). For multi-function devices, a correction factor is taken into account.
The global Navigation Satellite System market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Navigation Satellite System.
This report studies the Navigation Satellite System market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Navigation Satellite System market by product type and applications/end industries.
Market Segment by Companies, this report covers
Qualcomm
Trimble Navigation
Broadcom
Furuno Electric
Rockwell Collins
Texas Instruments
Cobham
Hexagon
Market Segment by Type, covers
Global Constellations
Regional Constellations
Satellite-Based Augmentations
Market Segment by Applications, can be divided into
Location-Based Services (LBS)
Road
Aviation
Rail
Maritime
Agriculture
Surveying
Time and Synchronisation (Timing & Sync)
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Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.
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