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New Report Considers GNSS Market Outlook 2015-2020

March 13, 2015  - By
Image: GPS World

Research and Markets has added the report “Global Navigation Satellite Systems Market Outlook 2020” to its offerings. The global core GNSS market is forecast to grow at a CAGR of 9 percent during 2015-2020.

In the report, the analysts have identified and deciphered the market dynamics in important GNSS industry segments, highlighting the areas offering promising possibilities for companies to boost their growth, according to Research and Markets. The report studies the market by sectors including location-based services (LBS), transportation (further divided into road navigation, rail navigation, air navigation and marine navigation), surveying and agriculture. The GNSS application market is further studied by region: North America, Europe, Asia-Pacific, and Rest of World.

The report provides a complete overview of the GNSS market globally. All the current trends and drivers, coupled with potential growth areas of the GNSS industry, have been evaluated in the report. Furthermore, the report provides information on opportunities in the industry for different companies in the chapter titled Opportunity Assessment.

Additionally, to provide an exhaustive knowledge of the prospects for GNSS players on the geographical front, the report provides comprehensive knowledge of the 10 most worthwhile GNSS markets around the world (U.S., Canada, UK, France, Germany, RussiaJapan, China, South Korea and India). It includes information about the present state and future outlook of the LBS and telematics markets in these countries along with information about their personal navigation systems such as GPS, BeiDou,Galileo, GLONASS, QZSS and IRNSS.

The report also looks into the competitive landscape covering business overviews, key financials, product analyses, recent developments and strengths and weaknesses of each of the players.

Key trends considered in the report include:

  • Driverless Car: New GNSS Technology Use
  • Indoor GNSS Positioning Poised for Growth
  • People, Pets and Thing Finder: The Next Attraction
  • GNSS Based Products: A Burgeoning Market Opportunity
  • GNSS Jamming Gaining Attention

Companies mentioned include:

  • AgJunction
  • CSR
  • Furuno Electric Co Ltd.
  • Garmin Ltd.
  • MiTAC International Corp.
  • Raytheon Company
  • Rockwell Collins
  • TomTom NV
  • Topcon Corporation
  • Trimble Navigation Ltd.