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Global Navigation Satellite System (GNSS) Market Size, Status and Forecast 2019 by Valuates Reports

07-09-2019 04:15 PM CET | Science & Education

Press release from: Valuates Reports

Global Navigation Satellite System (GNSS) Market Size, Status

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.
View full Report: https://reports.valuates.com/sreport/QYRE-Auto-38E96/Global_Navigation_Satellite_System
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. Japan’s internal market has been APAC’s largest for a while and served by GPS-based augmented systems, such as MSAS, and in the future by QZSS (seven satellites are expected in orbit by 2020). With a bandwidth-hungry and tech-savvy consumer base, Japan is a big, attractive GNSS market, but difficult to penetrate due to local dominance. It is understood that entering the Japanese market is medium risk, high cost, with high expectations from customers and prospects for long-term returns. China is in the process of expanding its regional BDS navigation system into the global BDS navigation system by 2020. With its BDS-2 GNSS system, new political focus on innovation and 72 percent of 1.3 billion people owning a mobile phone, China represents a huge market potential. However, challenges to growth include political restrictions, legal hurdles for private companies, and the issue of BDS code being un-available to commercial providers. In 2018, the global Navigation Satellite System market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
The key players covered in this study
Qualcomm
Trimble Navigation
Broadcom
Furuno Electric
Rockwell Collins
Texas Instruments
Cobham
Hexagon
Get a Free Sample Page: https://reports.valuates.com/request/sample/QYRE-Auto-38E96/Global_Navigation_Satellite_System
Market segment by Type, the product can be split into
Global Constellations
Regional Constellations
Satellite-Based Augmentations

Market segment by Application, split into
Location-Based Services (LBS)
Road
Aviation
Rail
Maritime
Agriculture
Surveying
Time and Synchronisation (Timing & Sync)

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
Inquire for Discount: https://reports.valuates.com/request/discount/QYRE-Auto-38E96/Global_Navigation_Satellite_System

Contact Us:
Valuates Reports
sales@valuates.com
For U.S. Toll Free Call +1 (425) 388-2538
For IST Call +91-8040957137
Source: Valuates Reports

Website: https://reports.valuates.com/
Blog: https://reports.valuates.com/blogs/

Our aim is to collate unparalleled Market insights and notify our customers as and when it happens. Valuates is curating premium Market Research Reports from the leading publishers around the globe. We will help you map your information needs to our report repository of Market research reports and guide you through your purchasing decision. We are based out of silicon valley of India (Bengaluru) and provide 24/7 online and offline support to all our customers and just a phone call away.

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