GNSS Chip Market 2021 Analysis by Recent Developments and Outlook- Qualcomm, Broadcom, Mediatek, U-blox, STM, Intel, Furuno Electric

The Global GNSS Chip Market provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. The report covers the post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

Over the next five years the GNSS Chip market will register a 5.0% CAGR in terms of revenue, the global market size will reach US$ 3411.5 million by 2025, from US$ 2803.3 million in 2019.

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Top Companies in the Global GNSS Chip Market:
Qualcomm, Broadcom, Mediatek, U-blox, STM, Intel, Furuno Electric, etc.

Industry News:

January 2021 - Qualcomm Technologies, Inc. and Alps Alpine Co., Ltd. announced a camera-based sensing and positioning device called ViewPose to support absolute lane-level vehicle positioning. Alps Alpine is leveraging multiple solutions from Qualcomm Technologies like the Qualcomm Snapdragon Automotive 5G platform, which supports Multi Frequency GNSS and a Snapdragon Automotive Cockpit Platform for processing multiple camera images and Vision Enhanced Precise Positioning (VEPP) software. This provides a cost-effective solution to lane-level accuracy for the electric front, rear- and side-view mirrors, high-definition map crowdsourcing, lane-level navigation for cellular vehicle-to-everything (C-V2X), and advanced driving assistance systems (ADAS) and autonomous driving applications.

July 2020 - Quectel and Broadcom launched a GNSS positioning module with Quectel’s LC29D. This sub-meter level GNSS module integrates dead reckoning and multi-band real-time kinematic algorithm technologies delivering fast convergence times. The embedded 6-axis MEMS sensor, powered by the LC29D, can quickly identify and report motion, enabling consistent high-precision positioning even in weak-signal environments such as tunnels and underground parking structures. And, based on the Broadcom BCM47758 GNSS chip, the LC29D can concurrently receive signals from up to six constellations simultaneously, which maximizes the availability of sub-meter level accuracy.

Market Segmented by Types:

High Precision GNSS Chips

Standard Precision GNSS Chips

Market Segmented by Applications:

Smartphones

Tablets

Personal Navigation Devices

In-Vehicle Systems

Wearable Devices

Digital Cameras

Others

Regional Analysis:

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Silicon Carbide (SIC) Power Semiconductors Market these regions, from 2021 to 2026 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

North America is one of the largest markets for GNSS chips in the world. It is the second-largest market for smartphones and tablets, the second-largest market for in-vehicle navigation systems, and the largest manufacturer of aircrafts and one of the largest manufacturers of aerospace and maritime navigation products.

North America holds a significant share of GNSS receiver manufacturers in smartphone, aviation, naval, shipment, agriculture industries. The region is also the leading market for Personal Locator Beacons (PLBs) and is by far the largest group of GNSS-enabled search and rescue beacons. It is also the largest and most advanced market for precision agriculture. It also holds a significant industry share for system integrators for various applications like construction, mapping, marine surveying, etc.

The United States has an immense demand from almost all the end-users in the region. The John S. McCain National Defense Authorization Act (NDAA) in the US approved the spending of USD 716 billion for the Fiscal Year 2019, of which USD 1.46 billion is dedicated to the country's GPS program.

Influence of the GNSS Chip Market report:

-Comprehensive assessment of all opportunities and risk in the GNSS Chip Market.
-GNSS Chip Market recent innovations and major events.
-Detailed study of business strategies for growth of the GNSS Chip Market-leading players.
-Conclusive study about the growth plot of GNSS Chip Market for forthcoming years.
-In-depth understanding of GNSS Chip Market-particular drivers, constraints and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the GNSS Chip Market.

Browse the report description and TOC:

https://www.marketintelligencedata.com/reports/202865/global-gnss-chip-market-growth-status-and-outlook-2021-2026?Mode=S48

Economic Insights:

-Recent developments and key government policies.
-Short to medium-term outlook, including forecasts for economic growth, inflation, monetary and fiscal policy, exchange rates and the external sector.
-Key forecast data, with regional comparisons.
-Includes GDP, expenditure, population, fiscal indicators, prices and financial indicators, current account, external debt, international reserves, foreign trade, capital flows, exchange rates, money supply, interest rates, retail sales and industrial production.

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Marketintelligencedata provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Marketintelligencedata provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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