GSA’s 2015 Report Dives Deep into Global GNSS Market
2015 GNSS Market Report: European GNSS Agency Provides a Fresh Look at Worldwide Growth
The fourth edition of the European GNSS Agency’s (GSA’s) GNSS Market Report provides a comprehensive source of knowledge on this dynamic global market. The report has become a key reference for organizations building their GNSS market strategies. The new edition provides:
- Comprehensive updates on previous analyses;
- New statistics of the GNSS receiver capabilities of the 31 top global manufacturers, offering in total more than 300 models;
- Insights on the GNSS industry and regional shares of the GNSS market
- A more granular segmentation of the global GNSS market, namely: European Union (EU28); North America (including the United States, Canada, Mexico); Asia-Pacific (including China, Japan, Australia, India, Republic of Korea); Non-EU28 Europe (Norway, Switzerland, Russia, Ukraine); Middle East and Africa (Turkey, Israel, South Africa, UAE, Saudi Arabia); South America and Caribbean (including Brazil, Argentina, Colombia, Guatemala)
- Information on a new market segment: Timing and Synchronization
- Plus additional applications within existing segments, such as recreational navigation, fishing vessels, personal locator beacons, emergency locator transmitters and digital tachograph.
Key Findings
Top-line insights from the fourth GSA GNSS Market Report:
- The global GNSS downstream market is forecast to increase by 8.3 percent annually from 2013– 2019, then slow down to 4.6 annually around 2023, growing on average faster (7 percent) than the forecast global GDP in this period (6.6 percent).
- The installed base in the mature regions of EU28 and North America will grow steadily (8 percent per year) to 2023. The primary region of growth will be Asia-Pacific, which is forecast to grow 11 percent per year from 1.7 billion in 2014 to 4.2 billion devices in 2023 — more than the EU and North America together. The Middle East and Africa will grow at the fastest rate (19 percent per year), but starting from a lower base.
- Location-Based Services (LBS) and Road dominate cumulative GNSS revenues, driven by booming sales of smartphones and in-vehicle devices, location-aware applications and data services.
- With emerging economies catching up in terms of GNSS devices per capita, the Digital Divide will narrow, driven by the take-up of smartphones. The growing dominance of smartphones (3.08 billion in 2014) is foreseen as the most popular platform to access LBS.
- In the analysis of the capabilities of GNSS receivers and chipsets, it is reported that more than 60 percent of currently available receivers and chipsets support a minimum of two constellations with more than 20 percent supporting all four of them.
New Charts
The report includes new infographics presenting:
- Global GNSS downstream market size, core and enabled (2013 to 2023)
- GNSS industry share by region (2012)
- The global shares of companies among components manufacturers, systems integrators and value-added service providers (2012)
- Capability of GNSS receivers and chipsets, all segments (2015)
- Supported constellation by receivers and chipsets , all segments (2015)
- Detailed analysis of key GNSS segments: LBS, Road, Aviation, Rail, Maritime, Agriculture, Surveying, Timing and Synchronization, quantified in terms of:
- Shipments of GNSS devices by application and region (2013 to 2023)
- Installed base of GNSS devices by application and region (2013 to 2023)
- Core revenues from GNSS device sales by application and region (2013 to 2023)
- Capability of GNSS receivers and chipsets (2015)
- Supported constellation by receivers and chipsets (2015).
Methodology
The “GSA GNSS Market Report” is compiled by the GSA and the European Commission and was produced using the GSA’s systematic Marketing Monitoring and Forecasting Process.
The underlying market model uses advanced forecasting techniques applied to a wide range of input data, assumptions, and scenarios to forecast the size of the GNSS market in terms of shipments, revenue and installed base of receivers.
Historical values are anchored to actual data in order to ensure a high level of accuracy. Assumptions are provided by expert opinions and model results are cross-checked against the most recent market research reports from independent sources, before being validated through an iterative consultation process with sector experts and stakeholders.
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