Global Navigation Satellite System (GNSS) Market Growth 2023-2029

Global Navigation Satellite System (GNSS) 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 local time by processing signals from satellites in space. GNSS signals are provided by a variety of satellite positioning systems, including global Constellations and Satellite-Based Augmentation Systems. Global Navigation Satellite System (GNSS) plays a significant role in high precision navigation, positioning, timing, and scientific questions related to precise positioning. Of course in the widest sense, this is a highly precise, continuous, all-weather and a real-time technique.

LPI (LP Information)' newest research report, the “Navigation Satellite System (GNSS) Industry Forecast” looks at past sales and reviews total world Navigation Satellite System (GNSS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Navigation Satellite System (GNSS) sales for 2023 through 2029. With Navigation Satellite System (GNSS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Navigation Satellite System (GNSS) industry.

This Insight Report provides a comprehensive analysis of the global Navigation Satellite System (GNSS) 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 Navigation Satellite System (GNSS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Navigation Satellite System (GNSS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Navigation Satellite System (GNSS) 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 Navigation Satellite System (GNSS).

The global Navigation Satellite System (GNSS) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

North America is the largest Navigation Satellite System (GNSS) market with about 31% market share. Europe is follower, accounting for about 21% market share.

The key players are Qualcomm, Trimble Navigation, Broadcom, CSR(Qualcomm), Laird PLC, Furuno Electric, Rockwell Collins, Texas Instruments, Cobham, Hexagon etc. Top 3 companies occupied about 43% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Navigation Satellite System (GNSS) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Global Constellations

Regional Constellations

Satellite-Based Augmentations

Segmentation by application

Rail

Surveying

Agriculture

LBS

Timing Sync

Road

Maritime

Aviation

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

Trimble Navigation

Broadcom

CSR (Qualcomm)

Laird PLC

Furuno Electric

Rockwell Collins

Texas Instruments

Cobham

Hexagon

Key Questions Addressed in this Report

What is the 10-year outlook for the global Navigation Satellite System (GNSS) market?

What factors are driving Navigation Satellite System (GNSS) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Navigation Satellite System (GNSS) market opportunities vary by end market size?

How does Navigation Satellite System (GNSS) 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.