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9.3% Growth Rate for GNSS Simulators Market | New Technology and Advancements to watch out for 2025
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The Global GNSS simulators market size to grow from USD 106 million in 2020 to USD 165 million by 2025, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period. This report spread across 232 Pages, Profiling 25 Companies and Supported with 169 Tables and 49 figures are now available in this research.
Top Companies Profiled in the GNSS Simulators Market:
• Spirent Communications (US)
• Rohde & Schwarz (Germany)
• VIAVI Solutions (US)
• Hexagon (Sweden)
• Keysight Technologies (US)
• u-blox (Switzerland)
• Orolia (US)
• CAST Navigation (US)
• Accord Software and System (India)
• IFEN (Germany)
• Racelogic (UK)
• Syntony GNSS (France)
• Teleorbit (Germany)
• iP-Solutions (Japan)
• Pendulum Instruments (Poland)
• Saluki Technology (Taiwan)
• Shanghai Huace Navigation Technology Ltd (China)
• Averna (Canada)
• GMV NSL (England)
• Brandywine Communications (US)
• Jackson Labs Technologies (US)
• Hunan Shuangln Electronic Technology (China)
• Work Microwave (Germany)
• Qascom (Italy)
• M3 Systems (France)
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COVID-19 has shocked the world and sent economies spinning. It was late-2019 when the virus first appeared in the Chinese city of Wuhan. Initially, it only affected China, but its effects started being felt around the globe, with many countries implementing lockdown. The volunteers from Slovakian company Sygic and other technology companies developed a mobile application, aiming to slow down the spread of COVID-19. The technology used GNSS and Bluetooth sensors to determine if the user came into contact with an infected person in the last 14 days.
The managed services segment to grow at a higher CAGR during the forecast period
The GNSS simulators services market is expected to gain traction in the coming years with the growing adoption of GNSS simulator hardware and software. GNSS simulator services are divided into managed services and professional services. Managed services areexpected to grow at higher CAGR as it include support, maintenance, and infrastructure management.
The navigation application segment to have the largest market size during the forecast period
The GNSS simulators market by applications has been segmented into navigation, mapping, surveying, LBS, vehicle assistance systems, and others (timing and synchronization, gaming, weather forecasting, telematics).
Competitive Landscape of GNSS Simulators Market:
1 Overview
2 Market Evaluation Framework
3 Market Share, 2020
4 Historic Revenue Analysis Of Key Market Players
4.1 Introduction
5 Key Market Developments
5.1 New Product Launches And Product Enhancements
5.2 Business Expansions
5.3 Mergers And Acquisitions
5.4 Partnerships, Agreements, Contracts, And Collaborations
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Reason to access this report:
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall GNSS simulators market and its sub segments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies.
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