Global GNSS Chip Market - By Device Type (Smartphones, Tablets, Personal Navigation Devices, In-Vehicle systems), Application Type, End Users and Region - Growth, Trends and Forecast (2018 - 2023)
|発行||Mordor Intelligence LLP||商品コード||704882|
|出版日||ページ情報||英文 99 Pages
|世界のGNSS（全球測位衛星システム）チップ市場：デバイスタイプ（スマートフォン、タブレット、パーソナルナビゲーションデバイス、車載システム）、用途、エンドユーザー、地域別（2018年〜2023年） Global GNSS Chip Market - By Device Type (Smartphones, Tablets, Personal Navigation Devices, In-Vehicle systems), Application Type, End Users and Region - Growth, Trends and Forecast (2018 - 2023)|
|出版日: 2018年08月19日||ページ情報: 英文 99 Pages||
The GNSS Chip Market was valued at USD 3.64 billion in 2017, and is expected to reach USD 5.63 billion by 2023, with a CAGR of 7.56%, during the forecast period (2018 - 2023). The report profiles smartphones, tablets, personal navigation devices, and in-vehicle systems in the GNSS chip market for various end users industries.
The market for the GNSS Chip Market is increasing at high rate across the world, owing to the emergence of advanced GNSS - enabled platforms, which helps to develop new GNSS technology. Advanced, GNSS chips allow thousands of customers to use similar resources aiding companies to reduce their expenses. With the rising demand for the high-speed internet for applications such as autonomous driving, distance learning, video calling, multi-user gaming, and the advent of the 5G network is increasing rapidly, Smart Cities and the IoT is set to spawn a further proliferation and diversification of GNSS-enabled added-value services. All the above factors have been significant growth aspects for the cloud enable technology market on a global arena.
Growing Demand for Consumer Electronic and IoT Devices Applications.
With the most cost-effective and performant source of positioning and timing information in outdoor environments, GNSS has become an important element of major contemporary technology developments notably including the Augmented Reality, IoT, Big Data, Smart Cities and Multimodal Logistics. The annual revenues will hit Euro 195 billion in 2025, more than 2.5 times higher than the expected GNSS device and service revenues. These distinct macro trends will take place within, across and beyond conventional GNSS market segments. Whereas GNSS is the key enabler of several services encapsulated in these macro trends, emerging technology paradigms such as the IoT or Smart Cities create linkages between established GNSS market segments, creating a window of opportunity for hybrid and cross-cutting applications and generating new user needs and requirements.
For instance, Apple is improving in maps by doing advancements in mapping data, GNSS (Global Navigation Satellite System) technology, and Augmented Reality in a big way. As the demand for the GNSS Chip Market is directly related to the number of Smart devices, the more number of Smart devices around the globe, higher is the demand for GNSS Chip market.
North America the largest market in terms of global share
The major trends responsible for the growth of GNSS Chips Market in the North American region include the increase in the demand for Personal Navigation Devices which will directly impact the increase of GNSS chips products. Improved technology and streamlined global supply chains/ logistics have untied the United States manufacturing from the limitations of geography. This emergence of international logistics networks means that the U.S. manufacturers can now efficiently and effectively deliver the finished products and raw materials anywhere around the globe. This trend has massively increased the economic opportunities of U.S. manufacturers and international competitors. For instance, according to European GNSS Agency North America followed by Asia-Pacific and the European Union will remain the largest market of GNSS Chips in terms of shipments and installed base.
Key developments in the market
Feb 2018: u-blox has done product innovation in their product portfolio e u-blox F9 technology platform, delivering high precision positioning solutions for mass market industrial and automotive applications.
May 2017: STMicroelectronics NV has done the partnership with Allystar to develop GNSS applications and solutions for automotive products as well as a wide array of some other applications.
Major players: INTEL CORPORATION, U-BLOX HOLDINGS AG, MEDIATEK INC., NAVIKA ELECTRONICS, QUECTEL WIRELESS SOLUTIONS CO., LTD., SKYWORKS SOLUTIONS, INC., FURUNO ELECTRIC CO. LTD., BROADCOM LIMITED, QUALCOMM TECHNOLOGIES, INC., ST MICROELECTRONICS N.V. ,EAGLE UAV SERVICES, MISFIT INC., and HEMISPHERE GNSS, among others.
Reasons to Purchase this Report
Provides latest insights into Global GNSS Chip Market.
Analyzing various perspectives of the market with the help of Porter's five forces analysis.
To understand the dominating technology in the market.
The region that is expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares and strategies employed by the major market players.
3 months analyst support along with the Market Estimate sheet (in Excel).
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