Global GNSS Chip Market Growth 2023-2029
Global Navigation Satellite System (GNSS) is the infrastructure that allows users with a compatible device to determine their position, velocity and time by processing signals from satellites. GNSS signals are provided by a variety of satellite positioning systems, including global and regional constellations and Satellite-Based Augmentation Systems: Global constellations: GPS (USA), GLONASS (Russian Federation), Galileo (EU), BeiDou (PRC). Regional constellations: QZSS (Japan), IRNSS (Taiwan), and BeiDou regional component (PRC). Satellite-Based Augmentation Systems (SBAS): WAAS (USA), EGNOS (EU), MSAS (Japan), GAGAN (Taiwan), SDCM (Russian Federation) and SNAS (PRC). This report studies the GNSS Chip market.
LPI (LP Information)' newest research report, the “GNSS Chip Industry Forecast” looks at past sales and reviews total world GNSS Chip sales in 2022, providing a comprehensive analysis by region and market sector of projected GNSS Chip sales for 2023 through 2029. With GNSS Chip sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world GNSS Chip industry.
This Insight Report provides a comprehensive analysis of the global GNSS Chip landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on GNSS Chip portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global GNSS Chip market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for GNSS Chip and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global GNSS Chip.
The global GNSS Chip market size is projected to grow from US$ 2847.7 million in 2022 to US$ 4029.2 million in 2029; it is expected to grow at a CAGR of 4029.2 from 2023 to 2029.
Global GNSS Chip key players include Qualcomm, Broadcom, Mediatek, STM, Intel, etc. Global top five manufacturers hold a share about 60%. China is the largest market, with a share about 45%, followed by Europe and North America, total with a share about 30 percent. In terms of product, Standard Precision GNSS Chips is the largest segment, with a share about 70%. And in terms of application, the largest application is Smartphones, followed by Tablets, In-Vehicle Systems, Wearable Devices, Digital Cameras, and Personal Navigation Devices, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of GNSS Chip market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
High Precision GNSS Chips
Standard Precision GNSS Chips
Segmentation by application
Smartphones
Tablets
Personal Navigation Devices
In-Vehicle Systems
Wearable Devices
Digital Cameras
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Qualcomm
Broadcom
Mediatek
U-blox
STM
Intel
Furuno Electric
Key Questions Addressed in this Report
What is the 10-year outlook for the global GNSS Chip market?
What factors are driving GNSS Chip market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do GNSS Chip market opportunities vary by end market size?
How does GNSS Chip break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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