Market Research Future (MRFR) report on the global navigation satellite system (GNSS) market is a critical evaluation that offers a succinct overview of the industry. The study covers the COVID-19 analysis of the global navigation satellite system (GNSS) market and offers a comprehensive and reliable illustration of market segments, recent trends, growth estimates, and market challenges from 2022 to 2030 (forecast period) with a view to identifying economic opportunities.

The Global Navigation Satellite System (GNSS) is used to identify a user's geographical location anywhere in the world. GNSS helps electronic receivers to locate the exact location of a person by using geospatial frequencies. The GNSS uses the triangulation method to locate the user with the aid of calculations involving information from a variety of satellites. Common GNSS systems are the United States' Global Positioning System (GPS), the Russian Federations Global Orbiting Navigation Satellite System (GLONASS), and Europe’s Galileo. Every satellite system transmits coded signals at precise intervals. The receiver receives the signal and converts it into information related to velocity, position, and time estimates. With this information, any receiver near the surface of the earth can calculate the exact distance between the transmitter and the receiver and the actual location of the transmitting satellite.

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Key Players: -

• Qualcomm Technologies International Ltd (US)
• Aglunction Inc (US)
• Hexagon (Sweden)
• Topcon Corporation (Japan)
• Trimble Navigation Ltd. (US)
• TomTom NV (Netherlands)
• Rockwell Collins (US)

In the event of a failure of satellite systems, the GNSS receivers immediately pick up signals from other adjacent systems. The four criteria used to measure the performance of GNSS are accuracy, integrity, continuity, and availability. Accuracy depends on the difference between the measured value of the receiver and the actual position. Integrity is the capacity of the system to provide notifications before any system error is detected. Continuity is the ability of the system to function without interruption. Availability is a measure of the time the signal takes to fulfill all the accuracy, integrity, and continuity criteria.

Market Dynamics

The growing emphasis on positioning, navigation, and timing (PNT) tools in industrial, military, commercial, and government applications and increasing demand for indoor positioning and navigation devices and consumer privacy solutions are boosting the global navigation satellite system market. However, ease of accessibility that leads to cyber threats and issues related to the storage of unstructured data restricts the GNSS industry's growth.

Market Segmentation

The global navigation satellite systems market has been segmented into application and technology. 

By application, the global navigation satellite systems market has been segmented into agriculture, aviation, location-based services, maritime, road, rail, surveying, and time synchronization. Location-based services are further divided into smartphones, tablets, digital cameras, portable computers, sport wearable’s, personal tracking devices, search rescue (PLB). Maritime is further divided into search rescue (plb), search rescue (epirb), traffic management, merchant navigation, homeland security, inland water transport (iww) navigation, recreational navigation, ports, marine engineering, and fishing vessels. Surveying is further divided into cadastral, construction - machine control, construction - person based mining, mapping, and marine surveying. Timing synchronization is further divided into telecommunication, energy, and finance.

By technology, the global navigation satellite systems market has been segmented into global constellations and satellite-based augmentation systems (SBAS). Global constellations are segmented into GPS, GLONASS, Galileo, and BeiDou. Satellite-based augmentation systems is divided into EGNOS (Europe), WAAS (North America), GAGAN (India), and MSAS (Japan).

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Regional Analysis

By region, the global navigation satellite systems market has been segmented into North America, Europe, Asia Pacific, and the rest of the world.

North America is expected to dominate the navigation satellite systems market in the forecast period. The US, Canada, and Mexico lead the navigation satellite systems market in the North American region. In the United States, this market is growing steadily as they have their own GNSS (global navigation satellite system) name NAVSTAR GPS.

The market for navigation satellite systems in Asia Pacific is also expected to develop faster during the forecast period due to the presence of large telecommunications industries. Consumer electronics like mobile phones, which increase scope of application for navigation systems in the Asia Pacific region. Recently, India’s PSLV launched 31 satellites in a single flight in which 2 satellites are from other countries.

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