Press release
GNSS Chip Market to reach USD 6.65 Bn by 2029, Technological Advancements and Growth Opportunities
The global GNSS chip market was valued at 3.62 bn in 2021 and is projected to reach USD 6.65 Bn. by 2029, growing at a CAGR of 7.9 percent throughout the forecast period. This is according to a new report titled "Global GNSS Chip Market" by MMR, which provides a comprehensive analysis of the market, including market values, report scope, research methodology, drivers, restraints, and regional insights.Chip Market Report Scope and Research Methodology
The objective of the report is to present a comprehensive analysis of the global GNSS chip market, including all stakeholders of the industry. The report covers the past and current status of the industry with forecasted market size and trends. The report also presents a dedicated study of key players, including market leaders, followers, and new entrants by region. The report provides analysis using tools such as PORTER, SVOR, PESTEL, and analyzes potential micro-economic factors that may impact the market.
Get to Know More About This Market Study: https://www.maximizemarketresearch.com/market-report/global-gnss-chip-market/39131/
The report also helps in understanding the market dynamics and structure by analyzing market segments and projecting the market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the GNSS chip market make the report an investor's guide.
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Chip Market Dynamics
The rising popularity of augmented reality (AR) is driving the growth of the GNSS chip market as GNSS plays a crucial role in AR by linking the surrounding reality and digital objects. However, the high-power consumption by GNSS systems and the lack of precision and robustness are hindrances to market growth, particularly in the automotive sector.
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Chip Market Regional Insights
Region-wise, the Asia Pacific is expected to be the fastest-growing market for GNSS chips throughout the forecast period due to rapid urbanization and a growing population. The construction industry in the Asia Pacific will account for the largest share of the GNSS chip market due to the increasing adoption of IoT and portable consumer electronics devices in countries like China, Japan, and South Korea.
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Chip Market Segmentation
By GNSS Receiver
Global Positioning System (GPS)
Galileo
Global Navigation Satellite System (GloNASS)
Satellite-Based Augmentation System (SBAS)
Beidou Navigation Satellite System
By Device
Smartphones
Tablets
Personal Navigation Devices
In-Vehicle systems
Others
By Application
Navigation
Mapping
Surveying
Location-Based Services
Telematics
Timing and Synchronization
Others
By Vertical
Consumer Electronics
Construction
Agriculture
Automotive
Military & Defense
Marine
Transport
Get Full Report Link : https://www.maximizemarketresearch.com/market-report/global-gnss-chip-market/39131/
Chip Market Key Competitors include:
Qualcomm Incorporated
Intel Corporation
Broadcom Corporation
Skyworks Solution, Inc.
STMicroelectronics N.V.
Mediatek Inc.
U-Blox Holdings AG
Furuno Electric Co., Ltd.
Quectel Wireless Solutions Co., Ltd.
Navika Electronics
FURUNO ELECTRIC CO.F, LTD.
Belden Inc.
JAPAN RADIO CO
KATHREIN-SE LAIRD
PULSE ELECTRONICS
TE CONNECTIVITY
Blue planet Geomatics
Eos Positioning Systems
Table of Content for Chip Market
Global Chip Market: Research Methodology
Global Chip Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Chip Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Chip Market Segmentation
Global Market, by GNSS Receiver (2021-2029)
Global Market, by Device (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by Vertical (2021-2029)
Regional Chip Market (2021-2029)
Regional Market, by GNSS Receiver (2021-2029)
Regional Market, by Device (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Vertical (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by GNSS Receiver, Device, Application , Vertical and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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