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BeiDou Navigation Satellite System Chips market was valued at US$ 518.9 million in 2022 and is anticipated to reach US$ 3697.9 million by 2029, witnessing a CAGR of 32.0% - Valuates Reports

10-11-2023 07:44 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

BeiDou Navigation Satellite System Chips market was valued at US$ 518.9 million in 2022 and is anticipated to reach US$ 3697.9 million by 2029, witnessing a CAGR of 32.0% during the forecast period 2023-2029.

Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-21A9078/Global_BeiDou_Navigation_Satellite_System_Chips_Market_Outlook_2022

The BeiDou (COMPASS) Navigation Satellite System (BeiDou) is an independently developed and independently operated global Satellite Navigation System that China is implementing.Beidou satellite navigation system (beidou) is one of the four largest satellite navigation systems in the world, following the us GPS, Russian GLONASS and eu GOLILEO. It is a satellite navigation system supplier recognized by the UN satellite navigation commission and can be compatible and Shared with other satellite navigation systems in the world.
Beidou chip usually refers to the chipset that can receive the signals sent by beidou satellite to complete the positioning and navigation function, including the rf chip and baseband chip.Baseband chip is the core device of navigation receiver, its function and performance usually determine the performance index of the whole machine, its main function is to complete the acquisition, tracking, data demodulation of the specified satellite signal, and provide the satellite signal pseudo-distance, carrier phase and other measurement information.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global BeiDou Navigation Satellite System Chips key players include Techtotop, Wintec, Unicorecomm, etc. Global top three manufacturers hold a share over 70%.
China is the largest market, with a share over 80%, followed by Asia Pacific (Excluding China), with a share about 10 percent.
In terms of product, High Precision is the largest segment, with a share about 55%. And in terms of application, the largest application is Civil Industrial, followed by Mass Consumption, Special (security) Applications.

This report aims to provide a comprehensive presentation of the global market for BeiDou Navigation Satellite System Chips, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding BeiDou Navigation Satellite System Chips.
The BeiDou Navigation Satellite System Chips market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global BeiDou Navigation Satellite System Chips market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the BeiDou Navigation Satellite System Chips manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Segment by Type
Ordinary Precision
High Precision

Segment by Application
Special (security) Applications
Civil Industrial
Mass Consumption

Get detailed report - https://reports.valuates.com/market-reports/QYRE-Auto-21A9078/global-beidou-navigation-satellite-system-chips

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