High-precision GNSS Receiver Market
High-precision GNSS Receiver Market - Global Industry Assessment & Forecast
#
Pages:
145
2022
Aug - 2023
VMR-VMR-2021-0162
Segments Covered
By
Product Core Satellite Navigation Systems, Regional Satellite Navigation Systems , Satellite-Based Augmentation Systems (SBAS)
-
By
Application Navigation , Positioning
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 1.3 Billion |
 Revenue 2030:
|
USD 2.51 Billion |
 Revenue CAGR
(2023 - 2030): |
8.7% |
Fastest Growing Region (2023 -
2030)
|
North America |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: High-precision GNSS Receiver Market by Product by Application - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:
- First-hand information global market size, regional and segmental trends, competitive landscape
- Validate and authorization of secondary research outcomes and findings
- Further data collection and expertise development & market understandings
Data Triangulation and Market Size Estimations
After the determination of the overall market size through secondary and primary research, the market is divided into various segments and sub-segments. Moreover, top-down and bottom-up approaches were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of High-precision GNSS Receiver market.
FAQ
Frequently Asked Question
What is the global demand for High-precision GNSS Receiver in terms of revenue?
-
The global High-precision GNSS Receiver valued at USD 1.3 Billion in 2022 and is expected to reach USD 2.51 Billion in 2030 growing at a CAGR of 8.7%.
Which are the prominent players in the market?
-
The prominent players in the market are Cobham, Texas Instruments, Broadcom, Laird, Rockwell Collins, Hexagon, Qualcomm, CSR, Trimble Navigation, Furuno Electric.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.7% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the High-precision GNSS Receiver include
- Increasing demand for accurate and reliable navigation and positioning solutions across various industries
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the High-precision GNSS Receiver in 2022.
