Global GNSS Correction Service Market 2024 by Company, Regions, Type and Application, Forecast to 2030
GNSS Correction Services are products which aim to increase the accuracy of position information. Correction Services are subscriptions to receive data in the field that help position GNSS receivers more accurately without the need to bring a reference station. GNSS Processing services improve measurements taken in the field by correcting them with data from reference points taken at the time of measurement.
According to our (Global Info Research) latest study, the global GNSS Correction Service market size was valued at US$ 664 million in 2023 and is forecast to a readjusted size of USD 1085 million by 2030 with a CAGR of 7.2% during review period.
Global GNSS Correction Service key vendors include Hexagon, Fugro, Oceaneering International, Trimble, UniStrong and Topcon, etc. The top five vendors hold about 45% of the global share. Global core manufacturers are mainly located in Europe, North America, China and Japan. Asia Pacific is the world's largest market with over 35% market share, followed by Europe and North America with 29% and 28% respectively. In terms of products, real-time kinematics (RTK) is the largest segment with a market share of over 46%, followed by precise point positioning (PPP) with about 40%. In terms of applications, the most widespread application is the marine industry, with a share of over 28%.
This report is a detailed and comprehensive analysis for global GNSS Correction Service market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global GNSS Correction Service market size and forecasts, in consumption value ($ Million), 2019-2030
Global GNSS Correction Service market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global GNSS Correction Service market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global GNSS Correction Service market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for GNSS Correction Service
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global GNSS Correction Service market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hexagon, Fugro, Oceaneering International, Inc, Trimble, UniStrong, Topcon, u-blox, Septentrio N.V., etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
GNSS Correction Service market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
GNSS Correction Service market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
RTK
RTK-PPP
PPP
Market segment by Application
Agriculture
Construction
GIS and Mapping
Marine
Others
Market segment by players, this report covers
Hexagon
Fugro
Oceaneering International, Inc
Trimble
UniStrong
Topcon
u-blox
Septentrio N.V.
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe GNSS Correction Service product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of GNSS Correction Service, with revenue, gross margin, and global market share of GNSS Correction Service from 2019 to 2024.
Chapter 3, the GNSS Correction Service competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and GNSS Correction Service market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of GNSS Correction Service.
Chapter 13, to describe GNSS Correction Service research findings and conclusion.