Navigation Satellite Systems Market: Global Market Size, Forecast, Insights, and Competitive Landscape

Navigation Satellite Systems Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global navigation satellite system market is expected to grow at a CAGR of around 7.7% during 2023-2030. This report on global navigation satellite systems market provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the navigation satellite systems market by segmenting the market based on components, type, receiver, functions, end user, and region. Also, detailed profiles of companies operating in the global navigation satellite systems market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Increase in the demands of Unmanned Vehicles
• Rapid penetration of consumer IoT

Market Challenges

• High Initial cost and lack of digital infrastructure

Historical & Forecast Period

Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030

Market by Components

• Hardware
• Software
• Services

Market by Type

• Single channel
• Multichannel

Market by Receivers

• GPS
• GLONASS
• Galileo
• BeiDou
• Others

Market by Functions

• Navigation
• Mapping
• Surveying
• Location Based Services
• Vehicle Assistance Systems
• Others

Market by End User

• Military & Defence
• Automotive
• Consumer Electronics
• Aerospace
• Marine
• Others

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa