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GNSS Module Market Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Antenova, Telit Communications, Ftech Corporation

05 Apr, 2022 | 139 Pages
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Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global GNSS Module Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 4.5% during the review period (2022 to 2027).



GNSS Module Market Overview



Global navigation satellite system (GNSS) essentially refers to the constellation of satellites that provide signals from space, transmit positioning, and data timing to the GNSS receivers. The receivers then use such data to determine various factors, such as location, speed, and altitude, combined with several sensors. The precision and accuracy of such chips are primarily dependent on the satellites in the visibility range. As a result, multiple countries are eagerly trying to deploy regional constellations for better navigation and mapping. However, in the market, only five countries (China, Russia, the United States, India, and Japan) and the European Union have their GNSS systems. GNSS users expect near-instantaneous position sharing speeds. This is often impossible with standard positioning as at least four satellites must be identified, and their complete data should be received. In adverse signal conditions or harsh environments, transmitting and receiving data can take minutes, hours, or even fail. However, the performance can be improved by integrating the GNSS receiver data with information from mobile network cells to benefit numerous applications in the IoT industry.



Industry Updates:




  • In January 2021, U-Blox announced its ALEX -

    R5 module, which integrates low-power wide-area (LPWA) cellular communication and GNSS technology into the system-in-package. The two key elements are the company’s UBX - R5 LTE - M/NB-IoT chipset with a secure cloud functionality and the U-Blox M8 GNSS chip for adequate location accuracy for healthcare applications.



What are the major Applications, Types and Regions for GNSS Module Market?



GNSS Module Market is segmented based on the type, applications, companies and regions.



Market Volume (%) By Type, it is segmented into




  • Multi-Constellation

  • Multi-Frequency

  • Augmentation

  • Differential

  • Others



Market Volume (%) By Applications it is segmented into




  • Automotive

  • Industrial

  • Military

  • Commercial

  • Marine

  • Other



GNSS Module Market Regional Analysis



APAC is projected to holds for the largest share of the worldwide GNSS module market in terms of revenue in 2017, with a share of more than 30 percent. The growing demand for smartphones and rise in the number of vehicles and increasing demand for navigation in these countries are driving the growth of the global GNSS module market.



All these factors greatly affect the GNSS Module market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales value, sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The GNSS Module Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global GNSS Module Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our GNSS Module Market report scope?



The report includes in-depth assessment of the competitive landscape, product market sizing (Value and Volume), product benchmarking, market trends, product developments, financial analysis, strategic analysis and many more to measure the impact forces and potential opportunities of the market. As well as this the report also includes a study of major developments in the market like product launches, agreements, acquisitions, collaborations, mergers and many more to comprehend the prevailing market dynamics at current and its impact in the forecast period 2012-2027.























































 



Report Attributes



 



 



Report Details



 



Forecast Period 2022 to 2027 CAGR (Value and Volume)



 



CAGR of 4.5% during the review period (2022 to 2027).



 



Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022)




  • Multi-Constellation

  • Multi-Frequency

  • Augmentation

  • Differential

  • Others



 



Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022)




  • Automotive

  • Industrial

  • Military

  • Commercial

  • Marine

  • Others



Quantitative units



Revenue in USD million/billion and CAGR from 2022 to 2027



By Companies



Antenova, Telit Communications, Ftech Corporation, GNS Electronics GmbH, Linx Technologies, FURUNO Electric Co., Ltd., u-blox AG, Locosys, Trimble, Navisys, SkyTraq Technology, OriginGPS



 



 



Regions Covered



 




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



 



 



 



 



 



 



 



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



 



Base Year



 



 



2022



 



Historical Year



 



 



2017 to 2021



 



Forecast Year



 



 



2022 to 2027



 



Customization Available



 



 



Yes, the report can be customized as per your needs




Key Highlights from this GNSS Module Report




  • A comprehensive backdrop analysis, which contains an assessment of the parent market

  • Essential changes in market dynamics.

  • Market segmentation up to the second or third level.

  • Historical, current, and projected size of the market from the standpoint of both value and volume.

  • Reporting and evaluation of recent industry developments.

  • Market shares and strategies of major players.

  • Emerging niche segments and regional markets.

  • An objective assessment of the trajectory of the market.

  • Recommendations to companies for strengthening their foothold in the market.



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.



Frequently Asked Questions



What is the study period of this market?



The GNSS Module Market is studied from 2017 - 2027.



What is the growth rate of GNSS Module Market?



The GNSS Module Market is growing at a CAGR of 4.5% over the next 5 years.



Who are the key players in GNSS Module Market?



Antenova, Telit Communications, Ftech Corporation, GNS Electronics GmbH, Linx Technologies, FURUNO Electric Co., Ltd., u-blox AG, Locosys, Trimble, Navisys, SkyTraq Technology, OriginGPS



What region does this GNSS Module Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of GNSS Module Market?



Multi-Constellation, Multi-Frequency, Augmentation, Differential, Others



What are the major end-use applications of GNSS Module Market?



Automotive, Industrial, Military, Commercial, Marine, Others.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH

      4. RESEARCH FLOW





  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL GNSS MODULE MARKET BY TYPES

    3. GLOBAL GNSS MODULE MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR GNSS MODULE



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. GNSS MODULE GROWTH

      2. APPLICATION OF GNSS MODULE



    4. IMPACT OF COVID 19



  5. GLOBAL GNSS MODULE MARKET, BY TYPES

    1.     Introduction

    2.     Automotive

    3.     Industrial

    4.     Military

    5.     Commercial

    6.     Marine

    7.     Others             



  6. GLOBAL GNSS MODULE MARKET, BY APPLICATION

    1.     Introduction

    2.     Hospitals

    3.     Ambulatory Surgical Centers

    4.     Academic and Research Institutes

    5.     Others   



  7. GLOBAL GNSS MODULE  MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. Antenova,

      2. Telit Communications,

      3. Ftech Corporation,

      4. GNS Electronics GmbH,

      5. Linx Technologies,

      6. FURUNO Electric Co., Ltd.,

      7. u-blox AG,

      8. Locosys,

      9. Trimble,

      10. Navisys,

      11. SkyTraq Technology,

      12. OriginGPS





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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