Portland, OR -- (SBWIRE) -- 07/06/2018 -- 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.

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The GNSS market comprises products (receivers and devices) and services using GNSS-based positioning as a significant enabler. This Market Report primarily considers the core GNSS market . For multi-function devices (e.g. smartphones), the core market includes the value of GNSS functionality only, rather than the full device price and service revenues directly attributable to GNSS functionality (e.g. data downloaded by smartphones over cellular networks to use Location-Based Services). For multi-function devices, a correction factor is taken into account.

Scope of the Report:
This report studies the Navigation Satellite System market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Navigation Satellite System market by product type and applications/end industries.

China is in the process of expanding its regional BDS navigation system into the global BDS navigation system by 2020. With its BDS-2 GNSS system, new political focus on innovation and 72 percent of 1.3 billion people owning a mobile phone, China represents a huge market potential. However, challenges to growth include political restrictions, legal hurdles for private companies, and the issue of BDS code being un-available to commercial providers.

The global Navigation Satellite System market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Navigation Satellite System.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.

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Market Segment by Companies, this report covers
Qualcomm
Trimble Navigation
Broadcom
Furuno Electric
Rockwell Collins
Texas Instruments
Cobham
Hexagon

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Global Constellations
Regional Constellations
Satellite-Based Augmentations

Market Segment by Applications, can be divided into
Location-Based Services (LBS)
Road
Aviation
Rail
Maritime
Agriculture
Surveying
Time and Synchronisation (Timing & Sync)

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