Report Scope & Overview:
GNSS Market Size was valued at USD 188.12 billion in 2022 and is expected to reach USD 400.32 billion by 2030, and grow at a CAGR of 9.9% over the forecast period 2023-2030.
The Global Navigation Satellite System (GNSS) is a landscape feature that assists users in determining their location. Users' position, rotation, and time (PNT) are affected. Satellite positioning assists in determining user location and converting it into digital signals for people who use time variables to provide electronic information to system users. From the European Galileo to the US NAVSTAR Global Positioning System, GNSS is used all over the world (GPS). Russia's Global Orbiting Navigation Satellite System (GLONASS) and China's BeiDou Navigation System are also gaining market share. Companies must maintain a disaster recovery plan in the event of a system failure, which is determined by the accuracy of transmitting and receiving signals. Integrity means intimidation or notification prior to actual system failure or so-called system limit delays. System that ensures service continuity and access to all three.
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Navigation satellite system
Emergency locator transmitters (elt)
Lack of awareness
Increased usage of connected and smart devices
Safety and security concern
IMPACT OF COVID-19:
Under the threat of COVID, which has halted all fields, the land can now be named. To some extent, all businesses face economic and political losses. During this time, we have seen some companies grow again, but we have also seen a significant loss of human life due to the global epidemic. However, the Global Navigation Satellite System (GNSS) programme has aided us in surviving this crisis. Each country has devised its own method of tracking people infected with the virus and isolating them from others until they are no longer a threat to their friends and family. By containing the affected area in local and hospital areas, GNSS has proven to be very profitable. Data storage has given the world a sense of belonging, allowing us to combat the scourge of human trafficking.
BASED ON APPLICATION Because it is linked to existing technologies, the Navigation Satellite System is widely distributed across all sectors. Aviation GNSS is used in agriculture, the navy, and the army. The use of GPS for daily navigation is an old example of GNSS. A portable computer, tracking health watches, clicking on images, and associating them with time and space are also on the list.
Satellite based Augmentation
Location based services (lBS)
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North America is the leading country in the Navigation Satellite System Market Trend, with the world's most advanced tracking system and indulgence in high technology, followed by Europe and Asia-Pacific. According to the Navigation Satellite System Market Forecast, many countries are in the process of developing a better system to meet rising market demand.
The global market for navigation satellite systems is expected to grow at a rapid pace. The regional market for North America, Europe, and Asia Pacific is expected to grow during the forecast period. In comparison to the rest of the world, these markets will see increased demand, investment, and attractive growth opportunities. The North American market, which includes the United States, Mexico, and Canada, will emerge as a major market force between now and 2030. The market for navigation satellites is also expanding rapidly in the current situation.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
Key players in Global GNNS Market are Qualcomm Inc, Texas Instrument, Trimble Inc., Rockwell Collins, Broadcom Inc., Hexagon, Furuno Electric, Laird Plc, Cobham Pl, Harris Corporation, Topcon Corporation, Aglunction, Topcon Corporation, TomTom NV, Rockwell Collins and Other palyers.
Trimble Inc-Company Financial Analysis
|Market Size in 2022||US$ 188.12 Billion|
|Market Size by 2030||US$ 299.84 Billion|
|CAGR||CAGR of 9.9% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Type (Global Constellations, Regional Constellations, Satellite based Augumentation)
• by Application (Navigation, Mapping, Surveying, Telematics, Location based services (lBS), Other)
• by End-User (Rail, Agriculture, Aviation, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Qualcomm Inc, Texas Instrument, Trimble Inc., Rockwell Collins, Broadcom Inc., Hexagon, Furuno Electric, Laird Plc, Cobham Pl, Harris Corporation, Topcon Corporation, Aglunction, Topcon Corporation, TomTom NV, Rockwell Collins and Other palyers.|
|Key Drivers||• Navigation satellite system
• Aircraft industry
|RESTRAINTS||• High cost
• Lack of awareness
The GNSS market size was valued at 177.4 billion in 2021 at a CAGR of 9.9%.
High cost, Lack of awareness and Signal connectivity are limiting the GNSS Market's expansion.
Key players in the GNNS Market are Qualcomm Inc, Texas Instrument, Trimble Inc., Rockwell Collins, Broadcom Inc., Hexagon, Furuno Electric, Laird Plc, Cobham Pl, Harris Corporation, Topcon Corporation, Aglunction, Topcon Corporation (Japan), TomTom NV (Netherlands), Rockwell Collins (US) and Other.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
126.96.36.199 United Kingdom
188.8.131.52 South Korea
184.108.40.206 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global GNSS Market Segmentation, by type
8.2 Global Constellations
8.3 Regional Constellations
8.4 Satellite based Augumentation
9. Global GNSS Market Segmentation, by application
9.6 Location based services (lBS)
10. Global GNSS Market Segmentation, By End-user
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Qualcomm Inc.
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Texas Instrument
12.3 Trimble Inc.
12.4 Rockwell Collins
12.5 Broadcom Inc.
12.7 Furuno Electric
12.8 Laird Plc
12.9 Cobham Plc
12.10 Harris Corporation
12.11 Topcon Corporation
12.13 Topcon Corporation
12.14 TomTom NV
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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