GNSS Market is To Reach A Value Of CAGR Forecast Till 2027 with Top Manufacturers: Qualcomm, Intel, Garmin Ltd., Broadcom, SkyTraq Tech.

18/set/2020 19:31:54 Allied Analytics LLP Contatta l'autore

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The Global GNSS Market report is to depict the trends and upcoming for the GNSS Market industry over the forecast years. GNSS Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2020 to 2027 mulling over 2019 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

The global GNSS market is expected to register substantial growth in the near future, attributed to an increased IoT spending, need of GPS enabled devices, and requirement of monitoring and tracking of each and every movement of logistics. Other factors that drive the GNSS market are rise in robotics solution, increased usage of connected and smart devices, and growth in need for safety and security concern. However, factors such as high cost, lack of awareness towards GNSS technology, and signal connectivity restrain the growth of the market.

The report segments the GNSS market on the basis of end-users, application, and geography. 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. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Market Players Profiled In The Report:

1. Garmin Ltd.

2. Qualcomm

3. Intel

4. MediaTek Inc.

5. Broadcom

6. SkyTraq Technology Inc.

7. STMicroelectronics

8. FURUNO Electric Co. Ltd.

9. effigis geo solutions

10. u-blox

 

 

Source: Allied Market Research

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