Huge Growth on Navigation Satellite System Market by 2024: Growing Popularity and Emerging Trends in the Market | Qualcomm, Trimble Navigation, Broadcom, Furuno Electric, Rockwell Collins, Texas Instruments, Cobham, Hexagon

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.

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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