MarketResearchNest.com
adds “Global GNSS Chip Market 2019 by
Company, Regions, Type and Application, Forecast to 2024”new report to its
research database.
Global Navigation Satellite System (GNSS) is the
infrastructure that allows users with a compatible device to determine their
position, velocity and time by processing signals from satellites. GNSS signals
are provided by a variety of satellite positioning systems, including global
and regional constellations and Satellite-Based Augmentation Systems:
Scope of the Report:
The APAC region would continue to account for the largest
share of the GNSS chip market in the coming years. Due to the increasing
adoption of IoT and portable consumer electronics devices in countries such as
China, Japan, and South Korea, the GNSS chip market in APAC is expected to grow
at a high rate.
Qualcomm, Broadcom and Mediatek captured the top three
revenue share spots in the GNSS Chips market in 2016. Qualcomm dominated with
24.46% revenue share, followed by Broadcom with 13.68% revenue share and Mediatek
with 8.19% revenue share.
In the next five years, the global consumption volume of
GNSS Chips will show upward tendency further, consumption volume is expected in
2022 will be 3149.51 Million Units. The average price is around 1.60 $/Unit.
Despite the presence of competition problems, due to the
clear global recovery trend, investors are still optimistic about this area, in
future still more new investment will enter into the field. Technology and cost
are two major problems.
Although sales of GNSS Chips brought a lot of opportunities,
for the new entrants with only advantage in capital without sufficient support
in technology and downstream channels, the research group did not recommend taking
risk the enter this market
The global GNSS Chip market is valued at 3570 million USD in
2018 and is expected to reach 5430 million USD by the end of 2024, growing at a
CAGR of 7.3% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in
following years, especially in China, also fast growing India and Southeast
Asia regions.
North America, especially The United States, will still play
an important role which cannot be ignored. Any changes from United States might
affect the development trend of GNSS Chip.
Europe also play important roles in global market, with
market size of xx million USD in 2019 and will be xx million USD in 2024, with
a CAGR of xx%.
This report studies the GNSS Chip market status and outlook
of Global and major regions, from angles of players, countries, product types
and end industries; this report analyzes the top players in global market, and
splits the GNSS Chip market by product type and applications/end industries.
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Research Report @
Market Segment by
Companies, this report covers
·
Qualcomm
·
Broadcom
·
Mediatek
·
u-blox
·
STM
·
Intel Corporation
·
Furuno Electric
·
Quectel Wireless Solutions
·
Navika Electronics
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with in-depth TOC @
Market Segment by
Type, covers
·
High
Precision GNSS Chips
·
Standard
Precision GNSS Chips
Market Segment by
Applications, can be divided into
·
Smartphones
·
Tablets
·
Personal
Navigation Devices
·
In-Vehicle
Systems
·
Wearable
Devices
·
Digital
Cameras
·
Others
Others Market Segment
by Regions, regional analysis covers
·
North America (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)
·
Middle East and Africa (Saudi Arabia, UAE,
Egypt, Nigeria and South Africa)
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Report Copy @
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