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The navigation satellite system (GNSS) market is forecasted to grow by USD 128.7 billion during 2023-2028, accelerating at a CAGR of 9.44% during the forecast period. The report on the navigation satellite system (GNSS) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising investments in satellite navigation programs, decline in associated satellite launch costs, and rising demand for multi-purpose satellites.
The navigation satellite system (GNSS) market is segmented as below:
By Application
- Navigation
- LBS
- Surveying
- Mapping
- Others
By Type
- Global constellations systems
- Satellite-based augmentation systems
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
The report on the navigation satellite system (GNSS) market covers the following areas:
- Navigation satellite system (GNSS) market sizing
- Navigation satellite system (GNSS) market forecast
- Navigation satellite system (GNSS) market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global navigation satellite system (gnss) market: Advent International Corp., Alps Alpine Co. Ltd., Beijing UniStrong Science and Technology Co. Ltd., Broadcom Inc., Collins Aerospace, ComNav Technology Ltd., Frequency Electronics Inc., Furuno Electric Co. Ltd., GNS Electronics GmbH, Hexagon AB, Intel Corp., MediaTek Inc., Microchip Technology Inc., NavtechGPS Inc., Qualcomm Inc., Safran SA, SkyTraq Technology Inc., STMicroelectronics International N.V., Trimble Inc., and u blox AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing preference for green propulsion technologies."
According to the report, one of the major drivers for this market is the rising investments in satellite navigation programs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advent International Corp.
- Alps Alpine Co. Ltd.
- Beijing UniStrong Science and Technology Co. Ltd.
- Broadcom Inc.
- Collins Aerospace
- ComNav Technology Ltd.
- Frequency Electronics Inc.
- Furuno Electric Co. Ltd.
- GNS Electronics GmbH
- Hexagon AB
- Intel Corp.
- MediaTek Inc.
- Microchip Technology Inc.
- NavtechGPS Inc.
- Qualcomm Inc.
- Safran SA
- SkyTraq Technology Inc.
- STMicroelectronics International N.V.
- Trimble Inc.
- u blox AG