Global Navigation Satellite System (GNSS) Market is anticipated to expand at a compound annual growth rate (CAGR) from 2022 to 2031

New York, Global Global Navigation Satellite System (GNSS) Market report from Global Insight Services is the single authoritative source of intelligence on Global Navigation Satellite System (GNSS) Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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The Global Navigation Satellite System (GNSS) is a satellite navigation system that provides location and time information in all weather, day and night, anywhere on or near the Earth's surface. GNSS is the standard term in the satellite navigation industry. It includes systems such as the Global Positioning System (GPS), GLONASS, Galileo, BeiDou and NavIC. GNSS is used for a variety of applications including surveying, mapping, navigation, timing, and scientific study.

GNSS satellites are in orbit around the Earth and transmit signals that allow receivers to determine their location and time. GNSS receivers use these signals to calculate their position, velocity and time. GNSS can be used for a variety of applications, including navigation, surveying, mapping, timing and scientific study.

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Key Trends

The key trends in GNSS technology are miniaturization, more precise timing, and increased security.

Miniaturization: The trend toward miniaturization is driven by the need for smaller, more portable devices. GNSS chips are becoming smaller and more power-efficient, making them ideal for use in mobile devices such as smartphones and tablets.

More precise timing: As GNSS systems become more accurate, they are being used for more applications that require precise timing, such as financial transactions and power grid management.

Increased security: GNSS systems are increasingly being used for security-critical applications such as military navigation and asset tracking. As a result, there is a need for more secure GNSS systems that are resistant to jamming and spoofing.

Key Drivers

There are a few key drivers of the GNSS market that are worth mentioning. Firstly, the increasing accuracy and availability of GNSS signals is making it an increasingly attractive technology for a variety of applications. Secondly, the miniaturization of GNSS receiver chips is making it possible to integrate GNSS into a variety of devices, including smartphones and cars. This is increasing the potential market for GNSS products and services. Finally, the development of new GNSS constellations, such as Galileo and BeiDou, is providing new opportunities for GNSS companies.

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Market Segments

The Global Navigation Satellite System (GNSS) Market is segmented on the basis of end-user, application, and region. On the basis of end-users, the market is segmented into rail, agriculture, aviation, and others. According to application, the market is classified into the navigation, mapping, surveying, telematics, location-based services (LBS), and others. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Global Navigation Satellite System (GNSS) Market report includes players such as Garmin Ltd., Qualcomm, Intel, MediaTek, Inc., Broadcom, SkyTraq Technology, Inc., STMicroelectronics, FURUNO Electric Co., Ltd., Effigis Geo Solutions, and u-blox

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