Navigation Satellite System Market Intelligence Report - Global Forecast to 2027

Navigation Satellite System Market Intelligence Report - Global Forecast to 2027

The Global Navigation Satellite System Market is projected to reach USD 435,352.92 million by 2027 from USD 201,639.48 million in 2021, at a CAGR 13.68% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Navigation Satellite System Market size was estimated at USD 66,965.02 million in 2021 and expected to reach USD 74,982.92 million in 2022, at a CAGR 13.17% to reach USD 140,728.27 million by 2027.
• The Asia-Pacific Navigation Satellite System Market size was estimated at USD 62,868.62 million in 2021 and expected to reach USD 73,079.03 million in 2022, at a CAGR 14.56% to reach USD 142,166.71 million by 2027.
• The Europe, Middle East & Africa Navigation Satellite System Market size was estimated at USD 71,805.83 million in 2021 and expected to reach USD 80,819.02 million in 2022, at a CAGR 13.37% to reach USD 152,457.94 million by 2027.

Market Segmentation & Coverage:

The report on navigation satellite system identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the navigation satellite system to forecast the revenues and analyze the trends in each of the following sub-markets:

Satellite Technology:

• Global Constellations
• Satellite-based Augmentation Systems

Application:

• Location-based Services
• Mapping
• Surveying
• Telematics

End User:

• Agriculture
• Automotive
• Aviation
• Disaster Management
• Logistics & Shipping Services
• Marine Application
• Medical
• Security & Surveillance
• Transportation

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • Alabama
    • Alaska
    • California
    • Florida
    • Georgia
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • South Carolina
    • Texas
    • Virginia
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• AgJunction, Inc.
• Alps Electric Co., Ltd.
• Broadcom Inc.
• Cobham Limited
• Furuno Electric Co., Ltd.
• Garmin Ltd.
• Hexagon AB
• Honeywell International Inc.
• Huber+Suhner AG
• Laird Connectivity
• Microchip Technology Inc.
• Navico
• NVS Technologies AG
• Orolia SAS
• Pulse Electronics Corporation
• Qualcomm Technologies, Inc.
• Raytheon Technologies Corporation
• Septentrio N.V.
• Texas Instrument, Inc.
• The GEO Group, Inc.
• TomTom International BV
• Topcon Corporation
• Trimble Inc.

Currency: USD

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2027

Base Year Value: USD 201,639.48 million

Estimated Year Value: USD 228,880.98 million

Forecast Year Value: USD 435,352.92 million

CAGR (%): 13.68%.

Please Note: PDF & Excel + Online Access - 1 Year