openPR Logo
Press release

Navigation Satellite System Market to Grow at 12.27% CAGR Through 2030

Navigation Satellite System Market

Navigation Satellite System Market

๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ข๐จ๐ง ๐’๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐‘๐ž๐ฏ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ข๐ณ๐ข๐ง๐  ๐‚๐จ๐ง๐ง๐ž๐œ๐ญ๐ข๐ฏ๐ข๐ญ๐ฒ ๐š๐ง๐ ๐๐ซ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง

The navigation satellite system (NSS) market is experiencing exponential growth, driven by rising demand for positioning, navigation, and timing applications across various industries. Valued at USD 256.82 Bn. in 2023, the market is expected to grow at a CAGR of 12.27%, reaching approximately USD 577.41 Bn. by 2030. With increasing applications in transportation, defense, agriculture, and smart devices, NSS technology is transforming industries worldwide. This press release highlights country-specific growth, trends, opportunities, and consolidation activities in the NSS market.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฏ๐ข๐š ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/54188/

๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ข๐จ๐ง ๐’๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam is emerging as a key player in the GNSS market, driven by the increasing adoption of satellite-based technologies in agriculture and transportation. The government has partnered with global players to enhance GNSS capabilities. ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ ๐๐จ๐ฌ๐ญ๐ฌ ๐š๐ง๐ ๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐†๐ซ๐จ๐ฎ๐ฉ (๐•๐๐๐“) is actively collaborating with international satellite companies to expand its service portfolio. Recent initiatives include projects to integrate GNSS technology into urban planning and smart city development.

๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ข๐จ๐ง ๐’๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's NSS market is witnessing rapid growth due to increasing investments in transportation infrastructure and logistics. Companies like ๐“๐ก๐š๐ข๐œ๐จ๐ฆ ๐๐ฎ๐›๐ฅ๐ข๐œ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ ๐‹๐ข๐ฆ๐ข๐ญ๐ž๐ are leveraging NSS to enhance fleet management and logistics tracking. The Thai government's initiatives, such as the development of the Eastern Economic Corridor (EEC), have further boosted demand for NSS applications.

๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ข๐จ๐ง ๐’๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan is at the forefront of NSS innovation, with companies like ๐Œ๐ข๐ญ๐ฌ๐ฎ๐›๐ข๐ฌ๐ก๐ข ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ and ๐๐„๐‚ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง pioneering advanced satellite navigation systems. Trends in Japan indicate a shift towards integrating GNSS with IoT and autonomous vehicle technologies. Recent developments include the deployment of the Quasi-Zenith Satellite System (QZSS) to provide enhanced positioning accuracy for users in the Asia-Pacific region.

๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ข๐จ๐ง ๐’๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐‚๐ก๐ข๐ง๐š

China remains a dominant force in the NSS market, driven by the success of its BeiDou Navigation Satellite System (BDS). Companies like ๐‚๐ก๐ข๐ง๐š ๐’๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž ๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ข๐จ๐ง ๐Ž๐Ÿ๐Ÿ๐ข๐œ๐ž and ๐๐ž๐ข๐ฃ๐ข๐ง๐  ๐๐ƒ๐’๐ญ๐š๐ซ ๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ข๐จ๐ง ๐‚๐จ., ๐‹๐ญ๐. are leading the charge with innovative GNSS applications. Consolidation activities, including partnerships with global tech firms, have bolstered China's position as a leader in satellite navigation.

๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ข๐จ๐ง ๐’๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's NSS market is thriving due to the nation's focus on smart transportation and disaster management. Companies like ๐Š๐จ๐ซ๐ž๐š ๐€๐ž๐ซ๐จ๐ฌ๐ฉ๐š๐œ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ˆ๐ง๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐ž (๐Š๐€๐‘๐ˆ) are developing state-of-the-art GNSS solutions. Recent updates include the launch of the Korea Positioning System (KPS) to provide more accurate navigation and positioning services tailored for the region.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐๐š๐ญ๐š ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ฏ๐ข๐ž๐ฐ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž @https://www.maximizemarketresearch.com/request-sample/54188/

๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ข๐จ๐ง ๐’๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore is leveraging its status as a tech hub to drive NSS market growth. Companies like ๐’๐“ ๐„๐ง๐ ๐ข๐ง๐ž๐ž๐ซ๐ข๐ง๐  are integrating GNSS with advanced analytics for applications in urban mobility and logistics. Government initiatives promoting smart nation technologies have significantly accelerated the adoption of GNSS in Singapore's public and private sectors.

๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ข๐จ๐ง ๐’๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’

The US remains a global leader in the NSS market, primarily due to the widespread adoption of the GPS system. Companies like ๐‹๐จ๐œ๐ค๐ก๐ž๐ž๐ ๐Œ๐š๐ซ๐ญ๐ข๐ง ๐š๐ง๐ ๐‘๐š๐ฒ๐ญ๐ก๐ž๐จ๐ง ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ are investing in advanced GNSS solutions for defense, aviation, and commercial applications. Recent mergers, such as Raytheon's acquisition of satellite technology firms, highlight the growing emphasis on enhancing GNSS capabilities.

๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ข๐จ๐ง ๐’๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's NSS market is evolving rapidly, with significant contributions from the Galileo Satellite System. Companies like ๐“๐ก๐š๐ฅ๐ž๐ฌ ๐†๐ซ๐จ๐ฎ๐ฉ and ๐€๐ข๐ซ๐›๐ฎ๐ฌare driving innovation in GNSS technology for aviation and marine navigation. Recent partnerships with biotech and transportation firms have expanded the scope of GNSS applications across the continent.

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/54188/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐›๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ

Devices
Services

๐›๐ฒ ๐“๐ฒ๐ฉ๐ž

GPS
GLONASS
Galileo
Beidou
Others

The market for navigation satellite systems is divided into several segments, including Galileo, Beidou, GPS, and GLONASS. With 36% of the market in 2023, the GPS sector accounted for the greatest share. The rise of the Global Positioning System (GPS) segment is ascribed to its sophisticated technology, which is utilized in almost every sector of the economy. GPS is used to pinpoint locations, navigate, create world maps, track items or individual movements, and provide precise time worldwide. Furthermore, GPS receivers are used in a wide range of commercial products, including as smartphones, fitness trackers, automobiles, and GIS tools, all of which are anticipated to propel market expansion throughout the course of the research year.

๐›๐ฒ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ

Constellation
Satellite Based Augmentation System

๐›๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ

Automotive
Consumer electronics
Industrial
Military & defense
Travel & tourism
Others

๐†๐ž๐ญ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/global-navigation-satellite-system-market/54188/

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

1. Qualcomm Inc
2. Trimble Navigation
3. Broadcom
4. Furuno Electric
5. Rockwell Collins
6. Texas Instruments
7. Cobham
8. Hexagon
9. Garmin Ltd
10.Javad GNSS
11.Navtech GPS
12.NovAtel Inc
13.Pulse Electronics
14.Shanghai Huace Navigation Technology Ltd.
15.SOKKIA
16.Topcon Corporation
17.The GEO Group, Inc
18.Hemisphere GNSS
19.Aglunction Inc
20.TomTom NV
21.Raytheon Company
22.Navipedia
23.Suzhou FOIF Co
24.Navigation Technologies" Ltd.

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

โ™ฆ Global Nylon ABS Alloys Market https://www.maximizemarketresearch.com/market-report/global-nylon-abs-alloys-market/109445/

โ™ฆ Global Compression Film Market https://www.maximizemarketresearch.com/market-report/global-compression-film-market/102575/

โ™ฆ Alcohol Excipients Market https://www.maximizemarketresearch.com/market-report/alcohol-excipients-market/122624/

โ™ฆ Cookies And Cakes Market https://www.maximizemarketresearch.com/market-report/cookies-cakes-market/124419/

โ™ฆ Global Europe Electronic Access Control System Market https://www.maximizemarketresearch.com/market-report/europe-electronic-access-control-system-market/10543/

โ™ฆ Global Household Ventilation Electrical Appliance Market https://www.maximizemarketresearch.com/market-report/global-household-ventilation-electrical-appliance-market/82100/

โ™ฆ Global Acacia Honey Market https://www.maximizemarketresearch.com/market-report/global-acacia-honey-market/106749/

โ™ฆ Global Lora Chipsets Market https://www.maximizemarketresearch.com/market-report/global-lora-chipsets-market/74176/

โ™ฆ Global Floating Rigs Market https://www.maximizemarketresearch.com/market-report/global-floating-rigs-market/113779/

โ™ฆ Vinyl Toluene Market https://www.maximizemarketresearch.com/market-report/global-vinyl-toluene-market/69764/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Navigation Satellite System Market to Grow at 12.27% CAGR Through 2030 here

News-ID: 3830372 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Clinical Trials Market Set to Reach USD 88.26 Billion by 2032 with a 6.13% CAGR - Clinical Trials Market Forecast Insights
Clinical Trials Market Set to Reach USD 88.26 Billion by 2032 with a 6.13% CAGR โ€ฆ
According to a new report by Maximize Market Research, the global Clinical Trials Market was valued at USD 54.83 billion in 2024 and is projected to reach USD 88.26 billion by 2032, growing at a CAGR of 6.13%. A major surge in biopharmaceutical R&D and oncology-focused studies is driving the global clinical trials market toward nearly USD 88.26 billion by 2032 at a 6.13% CAGR. โ–บ Get a sample of theโ€ฆ
Turbo Trainer Market to Reach USD 421.03 Million by 2032, Growing at a CAGR of 5.16% Driven
Turbo Trainer Market to Reach USD 421.03 Million by 2032, Growing at a CAGR of 5 โ€ฆ
Turbo Trainer Market size was valued at USD 281.52 Mn. in 2024 and the total Turbo Trainer revenue is expected to grow at 5.16% through 2025 to 2032, reaching nearly USD 421.03 Mn. Turbo Trainer Market Overview: The Turbo Trainer Market is witnessing significant growth as fitness enthusiasts increasingly adopt indoor cycling equipment for year-round training. Turbo trainers, which allow users to convert regular bicycles into stationary exercise machines, have become essentialโ€ฆ
Sodium Acetate Market to Reach USD 354.24 Million by 2032, Growing at a CAGR of 7% Driven
Sodium Acetate Market to Reach USD 354.24 Million by 2032, Growing at a CAGR of โ€ฆ
Sodium Acetate Market size was valued at USD 206.17 Million in 2024, and the total revenue is expected to grow at CAGR of 7 % from 2025 to 2032, reaching nearly USD 354.24 Million. Sodium Acetate Market Overview: The Sodium Acetate Market is experiencing steady growth due to its widespread applications across industries such as food and beverage, pharmaceuticals, textiles, and chemical manufacturing. Sodium acetate, a versatile salt of acetic acid, isโ€ฆ
India Tire Market to Reach USD 27.6 Billion by 2033 at 7.6 % CAGR -
India Tire Market to Reach USD 27.6 Billion by 2033 at 7.6 % CAGR - "India Tire โ€ฆ
According to a new report by Maximize Market Research, the India tire market was valued at approximately USD 13.4 billion in 2024 and is expected to climb to USD 27.6 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.6 %. The growth is underpinned by increasing automotive production, growing replacement demand, and rising adoption of radial tyres. โ–บ Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/21022/ โ™ฆ Key Highlights Market sizeโ€ฆ

All 5 Releases


More Releases for NSS

Wood Floor Grinding Machine Market Critical Insights, Trends and Forecast till 2 โ€ฆ
Fact.MR recently published a market report which provides an in-depth analysis of the current and future potential of Wood Floor Grinding Machine Market. The report highlights the key factors that are expected to influence the overall dynamics of the Wood Floor Grinding Machine Market including the current trends, growth opportunities, restraints, and market drivers. To get in-depth information view the report - https://www.factmr.com/report/2633/wood-floor-grinding-machine-market Extensive rounds of primary and a comprehensive secondary researchโ€ฆ
Floor Grinding and Polishing Machines Market Growth 2020-2025: Husqvarna, Xingyi โ€ฆ
Floor Grinding and Polishing Machines Industry Description Wiseguyreports.Com Adds "Floor Grinding and Polishing Machines -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025" To Its Research Database This report focuses on Floor Grinding and Polishing Machines volume and value at global level, regional level and company level. From a global perspective, this report represents overall Floor Grinding and Polishing Machines market size by analyzing historical data and future prospect.โ€ฆ
Floor Grinding Machine Global Market 2018: Key Players โ€“ Husqvarna, Xingyi Pol โ€ฆ
Floor Grinding Machineย Industry Description Wiseguyreports.Com Addsย โ€œFloor Grinding Machine -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023โ€ย To Its Research Database Floor grinding machine, or floor grinder, is a purpose-built machine that are used for grinding and polishing marble, granite, concrete and any other kind of floor. Machines that grind concrete floors are usually made to handle much more stress and will have more power to drive the unit asโ€ฆ
Banasthali Worldโ€™s Largest Fully Residential Womenโ€™s University Celebrates G โ€ฆ
Banasthali was one among the first institution in India to implement NSS. With 2333 students as NSS volunteers who are guided by 22 program officers, Banasthali NSS is not only the biggest but indeed a shining jewel in the crown of NSS units among universities in India today. Dr. (MS.) Rajni Chouhan from Pharmacy department Banasthali is spearheading as the coordinator of NSS. Presently she is also theโ€ฆ
Global Floor Grinding Machine Market 2017 - Husqvarna, Xingyi Polishing, NSS, HT โ€ฆ
Floor grinding machine, or floor grinder, is a purpose-built machine that are used for grinding and polishing marble, granite, concrete and any other kind of floor. Machines that grind concrete floors are usually made to handle much more stress and will have more power to drive the unit as concrete has a much higher sliding friction than marble or granite which is also worked wet, therefore with less friction. Inโ€ฆ
Floor Polisher Market 2017- Tennant, Nilfisk Advance, Powr-Flite, Mastercraft, B โ€ฆ
MarketReports.biz, recently published a detailed market research study focused on the "Floor Polisher Market" across the global, regional and country level. The report provides 360ยฐ analysis of "Floor Polisher Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Floor Polisher industry, and estimates the future trend of Floor Polisher market onโ€ฆ