Navigation Satellite System Market Research Report- Forecast to 2027

Global Navigation Satellite System (GNSS) Market, By Application (Agriculture, Aviation, Location-Based Services, Maritime, Time & Synchronization), By Technology (Global Constellations, Satellite-Based Augmentation Systems (SBAS)— Forecast till 2027

ID: MRFR/ICT/0429-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data

Market Overview:


Global navigation satellite system (GNSS) is the virtue surrounding which helps the identification of the geographical location of any user. It works on the principle of positioning, navigation, and timing (PNT) of the users. Satellite position helps in identifying the position of the user and translate it into a human-friendly digital signal using the time variable which gives the electronic information to the system users.


GNSS is globally spread ranging from Europe’s Galileo to the US’s NAVSTAR Global Positioning System (GPS). Russia’s Global Orbiting Navigation Sputnikovaya Sistema (GLONASS) and China’s BeiDou Navigation Satellite System are also in race as per increased market demand. With the increase in competition companies need to maintain a disaster recovery system as well in case of system failures which are judged on Accuracy of transmitting and receiving the signal, Integrity i.e. alarming or notifying before the actual system failure or so-called threshold setting of the system, providing Continuity of functions and availability of all the other three.


COVID-19 Analysis:


The world can be presently called under the threat of COVID which has put all the fields at a standstill. Every business has faced an economic and political loss at some level. We have seen certain companies boost also at this point, but we have also seen a major loss of human life because of the global pandemic. 


But the Global navigation satellite system has helped us during this alarming period. Each country came up with different ideas to track the people affected with the virus and thus isolating them from the rest until they are no more threat to friends and families surrounding them. GNSS has been a great advantage for containing the affected part to home and hospital spaces. Maintaining the data has helped globally to achieve a sense of relief to fight together with the startling human loss pandemic we are in. 


Market Dynamics:


Drivers:


Navigation Satellite System Trend has been the current boost in the world today as it yields good results in agricultural areas by giving precision in providing different technology and solution to improve the production, manure, and yield that benefits all. The plowing, yielding harvesting devices for soil condition check, virtual fencing, livestock tracking is well equipped with the navigation system to provide the optimal path with digital displays leading to less failure. 


GNSS is doing wonders in the Aircraft industry by using the Emergency Locator Transmitters (ELT) which helps in the search and rescue during surveillance. Pilots carry handheld personal locators’ beacons (PLB) for better coverage. Navy through the world has conquered certain areas underwater which were not possible at one point with long-range electromagnetic signal wavelength transmitting receiving and decoding the threat. 


Opportunities:


Navigation Satellite System Market Trends in the area of Navy, army, agriculture is witnessing a growth in the market share and hence the navigation satellite system is aiming to provide services and thus, meeting the needs of the customer in the long run. All this is going to fetch results and reach the expected CAGR by the end of 2023.


Technology Analysis:


The electronic industry has taken over the world thus, opening the door to Navigation Satellite System Market. Smartphones and devices have created lucrative opportunities for the market of position, navigation, and timing. Rail, agriculture, the marine has boomed since the Navigation Satellite System using GPS has revolutionized their respective fields. The Quadra criteria of accuracy, integrity, continuity, and availability are her to stay as per the Navigation Satellite System Market Trends which will fight in case of system failure, detection of a system error, and providing a continual service. 


Segment Overview of Navigation Satellite System Market Trends:


Global Navigation Satellite System Market can be segmented as follows:


By application 


Navigation Satellite System is widely spread in all the fields as it is attached by technologies at hand. Be it agriculture, navy, army, aviation GNSS is everywhere. Traveling to places on daily basis using GPS is the classic example of GNSS. Clicking pictures and linking them to date time and place, portable computer, tracking health smartwatches are also in line.


By technology


Navigation Satellite System Market is so vast that each country in the rat race to build a system competitively superior to others. Europe’s Galileo, US’s NAVSTAR Global Positioning System (GPS), Russia’s Global Orbiting Navigation Sputnikovaya Sistema (GLONASS), China’s BeiDou Navigation Satellite System, GAGAN(India), MSAS(Japan), etc. are the world-leading industries in Navigation Satellite System Market. 


By Region


With the most advanced global tracking system and indulging in major technology, North America is the leading country in Navigation Satellite System Market Trend followed by Europe, Asia-Pacific. Navigation Satellite System Market Forecast shows that more countries are in a race to build a better system with increased market demand.


Regional analysis of Navigation satellite system market forecast 


The Navigation satellite system market is expected to grow at a very significant rate globally. During the forecasted period, it is estimated that the market of the North American, European as well as the Asian Pacific regions is going to undergo a boost. In comparison to the rest of the world, these markets are going to experience increased demand, investments as well as desirable opportunities for growth. 


In the forecast period till 2023, the North American market consisting of the US, Mexico, as well as, Canada, will emergent as dominant forces in the market. In the current scenario too, the navigation satellite system market is undergoing rapid expansions. 


Competitive Landscape of the Navigation Satellite System Market 


The satellite navigation system market is a widespread market with many big names undergoing collaborations to meet the estimated growth in the forecast period. Some of the key competitors in the market are stated below:



  • Qualcomm Technologies International Ltd (US)

  • Aglunction Inc (US)

  • Hexagon (Sweden)

  • Topcon Corporation (Japan)

  • Trimble Navigation Ltd. (US)

  • TomTom NV (Netherlands)

  • Rockwell Collins (US)


Trimble Inc. is an emerging key player in the market by providing both products as well as solutions in context to the GNSS. the solutions are integrated GNSS systems, data radios, antennas, modular GNSS systems, and much more. 


Recent developments in the Navigation Satellite System Market



  • The global satellite navigation system is being used on a global level. This is emerging as a research tool to monitor livestock activity and industry. 

  • These activities are being done on a large scale and are on an increase with each passing day. Commercial systems are being developed for the industry. 

  • The navigation activities are acting as fundamental to the different scientific disciplines that are related to climate, changes in the sea level, weather conditions, as well as, space weather. 

  • Also, the navigation support is being extended to the different applications that include machine automation, precise navigation, mapping, as well as, surveying. 

  • There are strategic plans as well as future directions being taken up on a global level. All the directions and opportunities are globally coordinated now along with stations spread in most of the established world economies. 


Navigation Satellite System market size Report overview 


The navigation satellite system market size report overview covers the current stand of the navigation satellite system, the effect of the global pandemic on the working along with the steps undertaken for a better comeback. The predicted growth for the forecast year of 2023 is also discussed. 



  • Market Overview 

  • COVID 19 analysis 

  • Market Dynamics 

  • Technology Analysis 

  • Segment Overview 

  • Regional Analysis 

  • Competitive Landscape 

  • Recent Developments 


 


The scope of the report is valid in the areas where the navigation satellite system market is spread. Also, it is valid for businesses and enterprises lending their services to the navigation market and subsequently to the customers. 



Frequently Asked Questions (FAQ) :


Navigation Satellite System is divided in terms of location-based services, aviation, agriculture, time, and synchronization.

Navigation Satellite System Market is vastly distinguished as satellite-based augmentation system (SBAS) and global satellites.

Garmin Ltd. (Switzerland), Hexagon (Sweden), Rockwell Collins (US), Qualcomm Technologies International Ltd (US) are market leaders of Navigation Satellite System.

North America is the most promising country preceded by Europe and Asia-Pacific.

Disaster recovery (multiple satellites) is planned for all Navigation Satellite Systems which gives a continual delivery in terms of failure and system error.

TABLE OF CONTENTS

1. Executive Summary

2. Scope Of The Report

2.1. Market Definition

2.2. Scope Of The Study

2.2.1. Research Objectives

2.2.2. Assumptions & Limitations

2.3. Markets Structure

3. Market Research Methodology

3.1. Research Process

3.2. Secondary Research

3.3. Primary Research

3.4. Forecast Model

4. Market Landscape

4.1. Porter’s Five Forces Analysis

4.1.1. Threat Of New Entrants

4.1.2. Bargaining Power Of Buyers

4.1.3. Threat Of Substitutes

4.1.4. Rivalry

4.1.5. Bargaining Power Of Suppliers

4.2. Value Chain/Supply Chain Of Global Navigation Satellite System (GNSS) Market

5. Market Overview Of Global Navigation Satellite System (GNSS) Market

5.1. Introduction

5.2. Growth Drivers

5.3. Impact Analysis

5.4. Market Challenges

6. Market Trends

6.1. Introduction

6.2. Growth Trends

6.3. Impact Analysis

7. Global Navigation Satellite System (GNSS) Market, By Technology

7.1. Introduction

7.2. Global Constellations

7.2.1. GPS

7.2.1.1. Market Estimates & Forecast, 2020–2027

7.2.1.2. Market Estimates & Forecast, By Region, 2020–2027

7.2.2. GLONASS

7.2.2.1. Market Estimates & Forecast, 2020–2027

7.2.2.2. Market Estimates & Forecast, By Region, 2020–2027

7.2.3. Galileo

7.2.3.1. Market Estimates & Forecast, 2020–2027

7.2.3.2. Market Estimates & Forecast, By Region, 2020–2027

7.2.4. BeiDou

7.2.4.1. Market Estimates & Forecast, 2020–2027

7.2.4.2. Market Estimates & Forecast, By Region, 2020–2027

7.3. Satellite-Based Augmentation Systems (SBAS)

7.3.1. EGNOS (Europe)

7.3.1.1. Market Estimates & Forecast, 2020–2027

7.3.1.2. Market Estimates & Forecast, By Region, 2020–2027

7.3.2. WAAS (North America)

7.3.2.1. Market Estimates & Forecast, 2020–2027

7.3.2.2. Market Estimates & Forecast, By Region, 2020–2027

7.3.3. GAGAN (India)

7.3.3.1. Market Estimates & Forecast, 2020–2027

7.3.3.2. Market Estimates & Forecast, By Region, 2020–2027

7.3.4. MSAS (Japan)

7.3.4.1. Market Estimates & Forecast, 2020–2027

7.3.4.2. Market Estimates & Forecast, By Region, 2020–2027

8. Global Navigation Satellite System (GNSS) Market, By Application

8.1. Introduction

8.2. Agriculture

8.2.1. Market Estimates & Forecast, 2020–2027

8.2.2. Market Estimates & Forecast, By Region, 2020–2027

8.3. Aviation

8.3.1. Market Estimates & Forecast, 2020–2027

8.3.2. Market Estimates & Forecast, By Region, 2020–2027

8.4. Location-Based Services

8.4.1. Market Estimates & Forecast, 2020–2027

8.4.2. Market Estimates & Forecast, By Region, 2020–2027

8.5. Maritime

8.5.1. Market Estimates & Forecast, 2020–2027

8.5.2. Market Estimates & Forecast, By Region, 2020–2027

8.6. Road

8.6.1. Market Estimates & Forecast, 2020–2027

8.6.2. Market Estimates & Forecast By Region, 2020-2023

8.7. Rail

8.7.1. Market Estimates & Forecast, 2020–2027

8.7.2. Market Estimates & Forecast, By Region, 2020–2027

8.8. Surveying

8.8.1. Market Estimates & Forecast, 2020–2027

8.8.2. Market Estimates & Forecast, By Region, 2020–2027

8.9. Time & Synchronization

8.9.1. Market Estimates & Forecast, 2020–2027

8.9.2. Market Estimates & Forecast, By Region, 2020–2027

9. Global Navigation Satellite System (GNSS) Market, By Region

9.1. Introduction

9.2. North America

9.2.1. Market Estimates & Forecast, By Country 2020–2027

9.2.2. Market Estimates & Forecast, By Technology, 2020–2027

9.2.3. Market Estimates & Forecast, By Applications, 2020–2027

9.2.4. US

9.2.4.1. Market Estimates & Forecast, By Technology, 2020–2027

9.2.4.2. Market Estimates & Forecast, By Applications, 2020–2027

9.2.5. Mexico

9.2.5.1. Market Estimates & Forecast, By Technology, 2020–2027

9.2.5.2. Market Estimates & Forecast, By Applications, 2020–2027

9.2.6. Canada

9.2.6.1. Market Estimates & Forecast, By Technology, 2020–2027

9.2.6.2. Market Estimates & Forecast, By Applications, 2020–2027

9.3. Europe

9.3.1. Market Estimates & Forecast, By Country 2020–2027

9.3.2. Market Estimates & Forecast, By Technology, 2020–2027

9.3.3. Market Estimates & Forecast, By Applications, 2020–2027

9.3.4. Germany

9.3.4.1. Market Estimates & Forecast, By Technology, 2020–2027

9.3.4.2. Market Estimates & Forecast, By Applications, 2020–2027

9.3.5. France

9.3.5.1. Market Estimates & Forecast, By Technology, 2020–2027

9.3.5.2. Market Estimates & Forecast, By Applications, 2020–2027

9.3.6. UK

9.3.6.1. Market Estimates & Forecast, By Technology, 2020–2027

9.3.6.2. Market Estimates & Forecast, By Applications, 2020–2027

9.4. Asia-Pacific

9.4.1. Market Estimates & Forecast, By Country 2020–2027

9.4.2. Market Estimates & Forecast, By Technology, 2020–2027

9.4.3. Market Estimates & Forecast, By Applications, 2020–2027

9.4.4. China

9.4.4.1. Market Estimates & Forecast, By Technology, 2020–2027

9.4.4.2. Market Estimates & Forecast, By Applications, 2020–2027

9.4.5. India

9.4.5.1. Market Estimates & Forecast, By Technology, 2020–2027

9.4.5.2. Market Estimates & Forecast, By Applications, 2020–2027

9.4.6. Japan

9.4.6.1. Market Estimates & Forecast, By Technology, 2020–2027

9.4.6.2. Market Estimates & Forecast, By Applications, 2020–2027

9.4.7. Rest Of Asia-Pacific

9.4.7.1. Market Estimates & Forecast, By Technology, 2020–2027

9.4.7.2. Market Estimates & Forecast, By Applications, 2020–2027

9.5. Rest Of The World

9.5.1. Market Estimates & Forecast, By Country 2020–2027

9.5.2. Market Estimates & Forecast, By Technology, 2020–2027

9.5.3. Market Estimates & Forecast, By Applications, 2020–2027

9.5.4. Middle East & Africa

9.5.4.1. Market Estimates & Forecast, By Technology, 2020–2027

9.5.4.2. Market Estimates & Forecast, By Applications, 2020–2027

9.5.5. Latin Countries

9.5.5.1. Market Estimates & Forecast, By Technology, 2020–2027

9.5.5.2. Market Estimates & Forecast, By Applications, 2020–2027

10. Company Profiles

10.1. Qualcomm Technologies Ltd

10.1.1. Company Overview

10.1.2. Product/Business Segment Overview

10.1.3. Financial Updates

10.1.4. Key Developments

10.2. AgJunction, Inc.

10.2.1. Company Overview

10.2.2. Product/Business Segment Overview

10.2.3. Financial Updates

10.2.4. Key Developments

10.3. Garmin Ltd.

10.3.1. Company Overview

10.3.2. Product/Business Segment Overview

10.3.3. Financial Updates

10.3.4. Key Developments

10.4. Furuno Electric Co Ltd.

10.4.1. Company Overview

10.4.2. Product/Business Segment Overview

10.4.3. Financial Updates

10.4.4. Key Developments

10.5. Hexagon

10.5.1. Company Overview

10.5.2. Product/Business Segment Overview

10.5.3. Financial Updates

10.5.4. Key Developments

10.6. Raytheon Company

10.6.1. Company Overview

10.6.2. Product/Business Segment Overview

10.6.3. Financial Updates

10.6.4. Key Developments

10.7. Topcon Corporation

10.7.1. Company Overview

10.7.2. Product/Business Segment Overview

10.7.3. Financial Updates

10.7.4. Key Developments

10.8. Trimble Navigation Ltd.

10.8.1. Company Overview

10.8.2. Product/Business Segment Overview

10.8.3. Financial Updates

10.8.4. Key Developments

10.9. Rockwell Collins

10.9.1. Company Overview

10.9.2. Product/Business Segment Overview

10.9.3. Financial Updates

10.9.4. Key Developments

10.10. TomTom NV

10.10.1. Company Overview

10.10.2. Product/Business Segment Overview

10.10.3. Financial Updates

10.10.4. Key Developments

11. Conclusion


LIST OF TABLES

Table1 Global Navigation Satellite System Market, By Country, 2020-2023

Table2 North America: Navigation Satellite System Market, By Country, 2020–2027

Table3 Europe: Satellite Navigation System Market, By Country, 2020–2027

Table4 Asia-Pacific: Satellite Navigation System Market, By Country, 2020–2027

Table5 Latin America: Navigation Satellite System Market, By Country, 2020–2027

Table6 North America: Navigation Satellite System Market, By Country

Table7 North America: Navigation Satellite System Market, By Technology

Table8 North America: Navigation Satellite System Market, By Applications

Table9 Europe: Navigation Satellite System Market, By Country

Table10 Europe: Navigation Satellite System Market, By Technology

Table11 Europe: Navigation Satellite System Market, By Applications

Table12 Asia-Pacific: Navigation Satellite System Market, By Country

Table13 Asia-Pacific Navigation Satellite System Market, By Technology

Table14 Asia-Pacific Navigation Satellite System Market, By Applications

Table15 Middle East & Africa: Navigation Satellite System Market, By Country

Table16 Middle East & Africa: Navigation Satellite System Market, By Technology

Table17 Middle East & Africa: Navigation Satellite System Market, By Applications

Table18 Latin America: Navigation Satellite System Market, By Country

Table19 Latin America: Navigation Satellite System Market, By Technology

Table20 Latin America: Navigation Satellite System Market, By Applications


LIST OF FIGURES

Figure 1 Global Navigation Satellite System Market Segmentation

Figure 2 Forecast Methodology

Figure 3 Porter’s Five Forces Analysis Of Global Navigation Satellite System Market

Figure 4 Value Chain Of Global Navigation Satellite System Market

Figure 5 Share Of Navigation Satellite System Market In 2020, By Country (In %)

Figure 6 Global Navigation Satellite System Market, 2020–2027

Figure 7 Share Of Global Navigation Satellite System Market By Industry, 2020–2027

Figure 8 Global Navigation Satellite System Market Size, By Technology, 2020

Figure 9 Share Of Global Navigation Satellite System Market, By Technology, 2020–2027

Figure 10 Global Navigation Satellite System Market Size, By Applications, 2020

Figure 11 Share Of Global Navigation Satellite System Market, By Applications, 2020–2027