Global GNSS Chip Market: Emerging Trends, Major Key Players Qualcomm Incorporated (US) and STMicroelectronics NV (Switzerland)

According to the report, The GNSS chip market was valued at USD 3.11 Billion in 2015 and is expected to grow at a CAGR of 7.9% between 2016 and 2022.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global GNSS CHIP industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the GNSS Chip market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major GNSS Chip players holding highest market share include
Qualcomm Incorporated (US), STMicroelectronics NV (Switzerland), MediaTek Inc. (Taiwan), U-Blox Holding AG (Switzerland). These players use acquisition as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Qualcomm Incorporated (US)
• STMicroelectronics NV (Switzerland)
• MediaTek Inc. (Taiwan)
• U-Blox Holding AG (Switzerland)
• Broadcom Limited (US)
• Intel Corporation (US)
• Furuno Electric Co., Ltd. (Japan)
• Skyworks Solutions, Inc. (US)
• Quectel Wireless Solutions Co., Ltd. (China)
• Navika Electronics (India)

Segmental Analysis

Market Segment By Device with focus on market share, consumption trend, and growth rate of GNSS CHIP Market:
• Smartphones
• Tablets
• Personal Navigation Devices
• In-Vehicle systems
• Others (Wearable Devices and Digital Cameras)

Market Segment By Application with focus on market share, consumption trend, and growth rate of GNSS CHIP Market:
• Navigation
• Mapping
• Surveying
• Location-Based Services
• Telematics
• Timing and Synchronization
• Others

Market Segment By Vertical with a focus on market share, consumption trend, and growth rate of GNSS CHIP Market:
• Consumer Electronics
• Construction
• Agriculture
• Automotive
• Military & Defense
• Marine
• Transport

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Global GNSS Chip Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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