Market Size (2018)
2018
—
Vertical: ICTBase Year: 2018
Market Size (2018)
2018
—
Projected (2025)
2025
—
CAGR (2018–2025)
N/A
Key Players
100+
This report covers Navigation Satellite System Market with forecasts from 2018 to 2025. 100 key companies are profiled.
Navigation Satellite System Market is a key focus area for market intelligence and strategic research.
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View Subscription PlansNavigation Satellite System Market
Historical performance and future projections (2020–2030, USD Billion)
A global navigation satellite system (GNSS) is a satellite navigation (SATNAV) system which provides geospatial positioning with global coverage and helps in determining the location of an object. The GNSS involves a constellation of orbiting satellites working together with a network of ground control stations and receivers to calculate ground positions through an adapted version of trilateration. These satellites transmit positioning and timing data to GNSS receivers which are used to determine the location. Europe’s Galileo, US’s NAVSTAR Global Positioning System (GPS), Russia’s Global'naya Navigatsionnaya Sputnikovaya Sistema (GLONASS) China’s BeiDou Navigation Satellite System, and India’s Indian Regional Navigation Satellite System (IRNSS) are some of the examples of GNSS.
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View Subscription PlansThis report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.
Base Year
2018
Historical Period
2018 – 2018
Forecast Period
2019 – 2025
Primary Interviews
150+
Historical data (2018–2018) and forecast period (2018–2025)
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
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Analytical insights on Navigation Satellite System Market covering market dynamics, competitive landscape, and strategic outlook.
Navigation Satellite System Market represents a significant market opportunity with multiple growth drivers across regions and segments.
With the advent of automated driving systems in the automotive sector, the demand for GNSS navigation systems is increasing significantly. A variety of GNSS receivers, also known as satellite navigation (Sat Nav) systems, are used in vehicles for private and recreational purposes, as well as in commercial and public transport. Also, electric cars require precise knowledge of its velocity and slip angle to achieve maximum performance in terms of acceleration, handling, and agility in every situation, the GNSS module helps in extracting this information. Moreover, the GPS-enabled communications control unit enables drivers to capture ride data and download them into their smartphones and tablet applications over Wi-Fi. This helps the rider to analyze the ride data directly on the GPS trajectory, which increases the demand for GNSS. In vehicles, the GNSS chips help in reducing the power consumption and expenses, also known as the bill of materials (BOM) costs, associated with in-vehicle navigation systems. The navigation chips comprise input settings and sensors for accelerometers, gyroscopes, and magnetometers which offers a fused sensor data tracking subsystem and helps in recording the position of cars in urban environments and blocked areas.
Although most vehicle telematics already provides communication services with basic positioning requirements, the GNSS chipset manufacturers and value-added service providers are planning to acquire new satellites and frequencies to improve the positioning performances which is further expected to fuel the growth for GNSS market in the coming years. Moreover, the integration of GNSS with inertial navigation system (INS) in automotive navigation systems is increasing widely due to operational performance issues caused by GNSS system and receiver errors. For instance, GNSS connectivity chip by Broadcom, a designer, developer and global supplier of semiconductor products, helps automotive manufacturers and tier 1 suppliers to achieve advanced precision and reduce power consumption, while also lowering BOM cost. Furthermore, automobile manufacturers in countries such as Japan, the US, Germany, Korea, and China are researching and developing their automated driving system by collaborating with industries, academia, and governments.
Unmanned aerial vehicles (UAVs) are radio-controlled aircraft that are equipped with sensors, target designators, or electronic transmitters for surveillance and other observatory applications without any manual assistance. The technology was previously used in military and defense and government verticals as it offers a longer time of flight and greater surveillance range when compared to manned systems. Technological advancements have encouraged the software developers to integrate UAVs with collaborative technologies such as the Internet of Things (IoT), artificial intelligence (AI), 3D modeling, and augmented and virtual reality (AR/VR). UAVs rely upon GNSS for the provision of reliable position coordinates. The technology offers UAVs with continuous mobile positioning and high accuracy orientation for applications such as navigation, guidance and control of unmanned vehicles as well as mapping and survey from UAVs. Integrating position technologies such as GNSS and inertial technologies with wireless communication to the UAVs allows the customers to achieve product differentiation and gain a competitive edge in the marketplace thereby offering market growth opportunities in the coming years.
GNSS-enabled devices are used for long-time monitoring applications and hence are susceptible to rapid power loss. These devices must communicate with the transceivers for position updates as well as maintain their accuracy. However, frequent updates from these devices might result in considerable power consumption. Thus, it becomes difficult for GNSS device manufacturers to build power-efficient modules for positioning devices. In addition to this, the increased adoption of GNSS chips in smart wearables for positioning and activity tracking has resulted in the reduction of battery size, which impacts the efficiency of GNSS chips and increases the power consumed by them. Moreover, when the GNSS devices are used for marine applications, they are likely to be interfered by other electromagnetic signals.
GNSS has marked its presence in various applications ranging from smartphones and vehicles to surveying and referencing applications. However, when the GNSS enabled antennas are placed in a confined environment, they tend to lose accuracy as well as the quality of positioning in such restricted environments. In urban areas, the GNSS signals are blocked by buildings, resulting in poor cross-street positioning and deprived geometry for localization. Therefore, it becomes challenging for device manufacturers to provide real-time locations for major mobile applications including navigation, geo-fencing, mobile coupons, and ridesharing. GNSS open signals are susceptible to electromagnetic interferences accompanied with low power, low chip rate, and short period of PN codes at ground level which might result in jamming and spoofing of signals. Hence, the concerns regarding the precise navigation of objects present in indoor, underground, and underwater environments possess a major challenge for GNSS device manufacturers.
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Profiles of 100 companies operating in the Navigation Satellite System Market market, including revenue, employee count, and market positioning where available.
Showing 100 of 100 companies
Applus+
Company Headquarters: Madrid Founded: 1996 Workforce: ~ 25,000 Company Working: Applus+ is a leader in the testing, inspection, and certification sector. Applus+ is a trusted partner, enhancing the quality and safety of clients’ assets and infrastructures while safeguarding their operations and improving their environmental performance. Its innovative approach, technical capabilities, and highly skilled and motivated workforce assure operational excellence across multiple sectors in more than 70 countries. Applus+ offers a complete portfolio of solutions that address a range of needs, from asset integrity management to statutory compliance-based inspections. It places a strong emphasis on technological development, digitalization, and innovation, as well as having the latest knowledge of regulatory requirements.
TUV SUD
Company Headquarters: Germany Founded: 1866 Workforce: ~26,000 Company Working: TUV SUD is a global testing, inspection & certification provider company. TUV SUD divided its operations into three segments including industry, mobility, and certification. Further, it offers auditing & system certification, testing services, product certification, inspection, technical advisory, global market access, training, risk management services for chemical & process, manufacturing, retail, consumer goods, energy, mobility & automotive, infrastructure & rail industries globally. TUV SUD provided more than 605,000 certificates to approximately 1,000 locations worldwide.
Monday.com
Company Headquarters: Tel Aviv, Israel Founded: 2012 Workforce: ~5000 Company Working: Monday.com is a cloud-based platform that allows users to create their own applications and project management software. Monday.com offers work management, Sales CRM and Monday Dev for development and product teams.Monday.com offers solutions as per the team types and company sizes. Monday.com serves more than 180,000 customers present in more than 180 countries across the globe. It offers Work OS that produces maximum productivity, helps in bringing teams together, helps in reaching goals faster, and creates an ideal workflow with its building blocks.
Slack Technologies LLC.
Company Headquarters: US Founded: 2009 Workforce: ~2900 Company Working: Slack Technologies LLC. is a software development business that creates a communication platform for teams that includes real-time messaging, transferring files, archiving, and searching. Slack is a workplace platform that empowers industries such as retail, IT & telecom, BFSI, education, media, and others through no-code automation and AI, streamlines search and knowledge sharing, and maintains connections between teams and businesses. Slack has more than 200,000 paid consumers and has operating users across 150 countries globally.
Asana Inc.
Company Headquarters: US Founded: 2008 Workforce: ~1,666 Company Working: Asana Inc. is a work management tool that assists teams in orchestrating their work, from regular tasks to larger objectives. Asana gives structure to unstructured work, bringing clarity, transparency, and responsibility to everyone in an organization, including individuals, team leaders, and executives. Asana is used by over 100,000 paying organizations and millions of teams worldwide. The company has its operations in more than locations across North America, Asia, and European region. Major companies such as Amazon, Johnson & Johnson, P&G, others integrates Asana for their operations management.
Cognizant
Company Headquarters: US Founded: 1994 Workforce: ~355,300 Company Working: Cognizant Technology Solutions Corporation (Cognizant) is a professional services company. it operates through four segments: financial services, healthcare, manufacturing/retail/logistics, and other. The financial services segment caters to customers providing banking/transaction processing, capital markets, and insurance services. The healthcare segment caters to healthcare providers and payers, as well as life sciences customers, including pharmaceutical, biotech, and medical device companies. The manufacturing/retail/logistics segment caters to manufacturers, retailers, travel, and hospitality customers, along with customers providing logistics services. The other segment comprises information, media & entertainment services, communications, and high technology operating segments. Its service portfolio comprises consulting and technology services and outsourcing services. Its outsourcing services include application maintenance, IT infrastructure services and business process services. Cognizant has more than 270 office locations across 40 countries worldwide.
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