Inquire Before Buying - Navigation Satellite System Market Size, Share, Growth and Forecast 2022-27

Global Navigation Satellite System Market Research Report: Forecast (2022-27)

By Type (Global Constellation, Regional Constellations, Satellite-based Augmentation), By Application (Rail, Aviation, Maritime, Surveying, Time Synch, Agriculture, Location-Based......Service (LBS), Road, Military), By Region (North America, South America, Europe, the Middle East & Africa, Asia-Pacific), By Competitors (Qualcomm Inc., Texas Instruments, Trimble Inc., Broadcomm Inc., Hexagon, Furuno Electrics, Intel Inc., Cobham Limited, Rockwell Collins, Topcon Corporation, Garmin International Inc., L3 Harris, TomTom International BV, Raytheon Technologies) Read more

Aerospace & Defense
Jul 2022
Pages 185
Report Format: PDF, Excel, PPT

Market Definition

The Global Navigation Satellite System (GNSS) is a constellation of several satellites that provide signals from space to supply transmit, positioning, and timing-related data to the GNSS receiver, which further helps to determine the location. The demand for applications using location-based services has extensively grown with the increasing use of smartphones, digital cameras, tablets, smart wearables, etc. Moreover, the increasing air travel across the globe has led to an increased focus on air fleet adoption by commercial aviation companies.

Furthermore, the rising geopolitical tensions leading to increased military spending & higher adoption of military jets by the leading militaries such as the US, Russia, China, India, France, etc. have led to accelerating the demand for the Navigation Satellite System (GNNS) installed in them for navigating their routes. Hence, enhancing the demand for the Navigation Satellite System (GNSS) in the market in the coming years.

Market Insights

The Global Navigation Satellite System (GNSS) Market is projected to grow at a CAGR of around 7.23% during the forecast period, 2022-27. The market has witnessed significant growth in the historical period of 2017-2021. With the rising demand for navigation-based services across various industries such as transportation, commercial businesses, e-commerce, delivery services, etc., the demand for navigation-enabled systems has grown in the respective period. The rise in the online sales of goods has contributed enormously to navigation-based systems with the growing need for real-time tracking of goods to ensure smooth deliveries.

Another factor that has proven to be conducive to the growth of the navigation satellite systems market is the surge in the smartphone user population across the globe. This has ensured the growth in the individual user-based services for navigation purposes & has effectively assisted various geo-location-based services providers in thriving on the growing customer base.

Report Coverage	Details
Study Period	Historical Data: 2017-20
	Base Year: 2021
	Forecast Period: 2022-27
CAGR(2022-27)	7.23%
Regions Covered	North America: The US, Canada, Mexico
	Europe: Germany, The UK, France, Italy, Spain, Russia
	Asia-Pacific:China, India, Japan, South Korea, Rest of Asia-Pacific
	South America: Brazil, Rest of South America
	Middle East & Africa: Israel, UAE, Saudi Arabia, South Africa
Key Companies Profiled	Qulacomm Inc, Texas Instruments, Trimble Inc, Broadcomm Inc, Hexagon, Furuno Electrics, Intel Inc, Cobham Limited, Rockwell Collins, Topcon Corporation, Garmin International Inc., L3 Harris, TomTom International BV, Raytheon Technologies, Others
Unit Denominations	USD Million/Billion

Furthermore, the rising geopolitical tension around the world has alerted the countries to enhance the safety of their borders. Thus, increasing government initiatives to manufacture their own Navigation Satellite System is leading the demand in the market. Some of the GNNS are GPS of the US, GLONASS of Russia, Navigation Indian Constellation (NavIC) of India, QZSS of Japan, Beidou of China, etc.

Key Trend in the Market:

AI-based Navigation Satellite System is Accelerating the Market Growth

Navigation services have become an essential part of the day-to-day operations of the businesses as well as have increasingly made customers reliant on navigation for the route & rerouting in transportation. With the addition of AI in navigation-based services, the companies could easily reduce the errors made in the earlier experience as well as improve the overall customer experience. For military purposes, navigation services are being used for targeting & mapping the path of aircraft, projectiles, etc. Moreover, with the mobile targets, the requirement for AI to be integrated into the navigation satellite systems to provide an optimum solution for rerouting in different terrains would be highly efficient for increasing the effectiveness.

Additionally, many of the Inertial navigation systems providers have effectively integrated AI into the existing solutions for the military to increase the efficiency of targeting as well as developing similar systems to be integrated into the Unmanned Aerial Vehicles (UAVs).

Impact of COVID-19 on the Global Navigation Satellite System (GNSS) Market

COVID-19 disrupted the supply chain & led to the shortage of raw materials for various products leading to reduced manufacturing of electronic products in various industries, including the automobile, mobile manufacturing companies, etc., affecting the sectors adversely. However, the demand for the Global Navigation Satellite System (GNSS) accelerated during the period, owing to the shift of customers towards online shopping & the boost of the e-commerce sector.

Along with this, the inclination toward the online transaction also boosted the demand for the GPS during the transaction. Hence, these factors helped the Navigation Satellite System (GNNS) to gain traction during the period & further are also anticipated to grow in the coming years.

Introduction
1. Product Definition
2. Research Process
3. Assumptions
4. Market Segmentation
Preface
Executive Summary
Impact of COVID-19 on Global Navigation Satellite System (GNSS) Market
Global Navigation Satellite Systems Market Key Statistics:
1. Growth in Number of Navigation Satellites, By Country/Regions, Year 2017-2022E
2. Growth in the Number of Global Smartphone Users, Year 2017-2022E
Government Initiatives & Policies for Global Navigation Satellite Systems Market, 2017-2021
Funding Received by the Start-ups in Global Navigation Satellite Systems Market
Impact of Artificial Intelligence (AI) on the Navigation Satellite System (GNSS) Market
Global Navigation Satellite System (GNSS) Market Government Regulations and Policies
Global Navigation Satellite System (GNSS) Market Trends & Insights
Global Navigation Satellite System (GNSS) Market Dynamics
1. Growth Drivers
2. Challenges
3. Impact Analysis
Global Navigation Satellite System (GNSS) Market Hotspot & Opportunities
Global Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. Market Revenues
2. Market Share & Analysis
  1. By Type
    1. Global Constellation
    2. Regional Constellations
    3. Satellite-Based Augmentation
  2. By Application
    1. Rail
    2. Aviation
    3. Maritime
    4. Surveying
    5. Time Synch
    6. Agriculture
    7. Location-Based Service (LBS)
    8. Road
    9. Military
    10. Others
  3. By Region
    1. North America
    2. South America
    3. Europe
    4. Middle East & Africa
    5. Asia-Pacific
  4. By Competitors
    1. Competition Characteristics
    2. Market Share & Analysis
North America Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. Market Revenues
2. Market Share & Analysis
  1. By Type
  2. By Application
  3. By Country
    1. The US
    2. Canada
    3. Mexico
3. The US Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
4. Canada Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
5. Mexico Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
South America Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. Market Revenues
2. Market Share & Analysis
  1. By Type
  2. By Application
  3. By Country
    1. Brazil
    2. Rest of South America
3. Brazil Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
Europe Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. Market Revenues
2. Market Share & Analysis
  1. By Type
  2. By Application
  3. By Country
    1. Germany
    2. The UK
    3. France
    4. Italy
    5. Spain
    6. Russia
    7. Others
3. Germany Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
4. The UK Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
5. France Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
6. Italy Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
7. Spain Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
8. Russia Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
Middle East & Africa Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. Market Revenues
2. Market Share & Analysis
  1. By Type
  2. By Application
  3. By Country
    1. Israel
    2. UAE
    3. Saudi Arabia
    4. South Africa
    5. Others
3. Israel Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
4. UAE Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
5. Saudi Arabia Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
6. South Africa Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
Asia-Pacific Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
1. Market Size & Analysis
  1. Market Revenues
2. Market Share & Analysis
  1. By Type
  2. By Application
  3. By Country
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of Asia-Pacific
3. China Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
4. India Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
5. Japan Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
6. South Korea Navigation Satellite System (GNSS) Market Outlook, 2017-2027F
  1. Market Size & Analysis
    1. Market Revenues
  2. Market Share & Analysis
    1. By Type
    2. By Application
Global Navigation Satellite System (GNSS) Market Key Strategic Imperatives for Success & Growth
Competition Outlook (Whichever Applicable)
1. Competition Matrix
  1. Target Markets
  2. Research & Development
  3. Collaborations & Strategic Alliances
  4. Key Business Expansion Initiatives
  5. Business Restructuring- Mergers, Acquisitions, JVs
  6. Strategic Initiatives
2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
  1. Qulacomm Inc.
  2. Texas Instruments
  3. Trimble Inc.
  4. Broadcomm Inc.
  5. Hexagon
  6. Furuno Electrics
  7. Intel Inc.
  8. Cobham Limited
  9. Rockwell Collins
  10. Topcon Corporation
  11. Garmin International Inc.
  12. L3 Harris
  13. TomTom International BV
  14. Raytheon Technologies
  15. Others

21.Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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