Press release
Nano GPS chip technology is anticipated to grow extensively in North America and Asia Pacific
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Manufacturers have been investing in extensive research and development to find out how to minimize the size of the compact global navigation satellite system module without affecting the product’s efficiency, sensitivity, power consumption, and performance. In the near future, sports and racing games techniques are also predicted to trigger the demand for transceiver chips. Individuals who need to keep track of their elderly parents use nano GPS chip trackers as well, which boosts the demand for them. Solar collar GPS trackers are designed for animals such as cattle, dogs, camels, elephants, and horses for wildlife tracking. Government initiatives to protect wildlife are contributing to the usage of this technology. Urban areas, however, have a poor satellite signal, which is either non-existent or severely weakened by meteorological conditions – a significant hindrance for the global nano GPS chip technology market.
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Manufacturers are highly on expanding their market share in the Asia Pacific region attributed to the growing demand for nano GPS chips. Some of the key players in the value chain of global nano GPS chips market OriginGPS, Shenzhen Esino Technology Ltd, Shenzhen Zhonghe Electronics Co., Ltd, Dragon Bridge (SZ) Tech Co., Ltd, VLSI Solutions, Analog Devices, Fujitsu, Beijing oLinkStar Co., Ltd., Unicore Communications, Inc. and ATMEL Corporation.
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