NEW YORK, Feb. 25, 2020 /PRNewswire/ —

Global Navigation Satellite System (GNSS) market worldwide is projected to grow by US$81.5 Billion, driven by a compounded growth of 6.6%. Road, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$108.5 Billion by the year 2025, Road will bring in healthy gains adding significant momentum to global growth.

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– Representing the developed world, the United States will maintain a 5.6% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$2.9 Billion to the region’s size and clout in the next 5 to 6 years. Over US$2.5 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Road will reach a market size of US$5.5 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9.6% over the next couple of years and add approximately US$22 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

– Competitors identified in this market include, among others,

• Avidyne Corporation
• FEI-Zyfer Inc.
• Furuno USA Inc.
• Garmin International Inc.
• Harris Corporation
• Hemisphere GNSS Inc.
• Hexagon AB
• KVH Industries Inc.
• Leica Geosystems AG
• Magellan Navigation Inc.
• Microsemi Corporation
• Mio Technology Benelux N.V.
• MiTAC International Corporation
• NavCom Technology Inc.
• Navico Inc.
• Navman New Zealand
• NovAtel Inc.
• Orolia Group
• Raytheon Company
• Rockwell Collins Inc.
• TomTom International B.V.
• Topcon Corporation
• Trimble Navigation Limited

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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Navigation Satellite System (GNSS): A Prelude
GPS, GLONASS, Beidou/BDS, Galileo and NAVIC: A Comparison of
GNSS Platforms
Recent Market Activity
Economic Benefits Offered Create Conducive Environment for
Wider Proliferation
Expanded Use Case & Wide Addressable Market Keep Market
Momentum Intact
High Tide in Satellite Services Sector Lends Platform for
Market Growth
Global Positioning System (GPS): The Widely Adopted GNSS Platform
Full-Fledged Roll Out of GPS III to Further Augment Commercial
Use of GPS
Developed Regions: Key Revenue Contributors
High-Growth Opportunities in Developing Regions
Bright Prospects Ahead for GNSS Solutions Market
Global Competitor Market Shares
Global Navigation Satellite System (GNSS) Competitor Market
Share Scenario Worldwide (in %): 2020 & 2029

2. FOCUS ON SELECT PLAYERS

Avidyne Corporation (USA)
Collins Aerospace (USA)
FEI-Zyfer, Inc. (USA)
Furuno USA, Inc. (USA)
Garmin International, Inc. (USA)
Hemisphere GNSS Inc. (Canada)
Hexagon AB (Sweden)
Leica Geosystems AG (Switzerland)
NovAtel, Inc. (Canada)
KVH Industries, Inc. (USA)
L3Harris Technologies, Inc. (USA)
Microsemi Corporation (USA)
MiTAC International Corporation (Taiwan)
Magellan Navigation, Inc. (USA)
Mio Technology Benelux N.V. (Belgium)
Navman New Zealand (New Zealand)
NavCom Technology, Inc. (USA)
Navico, Inc. (USA)
Orolia Group (France)
Raytheon Company (USA)
TomTom International B.V. (The Netherlands)
Topcon Corporation (Japan)
Trimble Navigation Limited (USA)

3. MARKET TRENDS & DRIVERS

Road Applications: Important End-Use Category for GNSS Solutions
As Satellite Navigation Becomes a Core Technology Block for
Connected Car Systems & Autonomous Driving, Automotive
Industry Emerges as a Key Revenue Pocket
Intelligent Highway & ITS Favor Adoption of GNSS
Expanding Role of Telematics in Fleet Management & Asset
Tracking Augurs Well
Driverless Cars: A Bright Prospect for High-End GNSS Systems
Mining Entities Prefer GNSS for Machine Control Applications
GNSS Gains Prominence in Infrastructure Development & Road
Construction
Increased Uptake of LBS Propagates Huge Growth Opportunities
Advanced Surveying/Mapping Technologies Widen Scope & Span of GNSS
Integration of GNSS Improves Architectural Survey Process
Growing Lenience towards GIS Instigates New Opportunities for GNSS
Aviation: A Niche End-Use Market for GNSS
Healthy Commercial Aviation Outlook Bodes Well
Rise of Unmanned Aircraft Extends New Set of Opportunities
GNSS Extends its Proficiency in Marine Applications As Well
Military & Defense: The Traditional Application Segment for
GNSS/GPS Devices
GNSS Continues to be a Specialized Tool for Timing Applications
GNSS Assumes Critical Importance in Agriculture Sector
Precision Farming Programs Lend Platform for GNSS in
Agriculture Sector
GNSS Emerges as Viable Tool for Georeferencing
GNSS for Ecology & Geology Study Programs
GNSS Seeks to Emerge as Disaster Prediction Tool
GPS and HazMat Tracking – A Critical Use
GNSS Makes Huge Progress in Mobile Devices
Convergence with Smartphones: The Path-breaking Development for
GNSS
Handheld GNSS/GPS Devices Gain Mass Market Appeal
Smart GPS Devices Outwit Traditional GPS Units – Attract New
Opportunities
Traditional GNSS Device Manufacturers Focus on Innovations amid
Growing Competition from Smartphones
Fitness & Sports: Fast Emerging Application Areas
Technology Developments: The Lifeline for Commercial GPS Devices
High-Precision Receivers Elevate Performance of GPS
Augmentation Technologies Enhance Geographic Reach &
Reliability of GPS
Growing Availability and Declining Device Prices Provide Growth
Impetus
Availability of Economical GPS Chips Boost Commercial Application
Affordable GPS Devices Rise in Popularity
Wireless Connectivity Drives GPS Market

4. GLOBAL MARKET PERSPECTIVE

Table 1: Global Navigation Satellite System (GNSS) Global
Market Estimates and Forecasts in US$ Million by
Region/Country: 2018-2025
Table 2: Global Navigation Satellite System (GNSS) Global
Retrospective Market Scenario in US$ Million by Region/Country:
2009-2017
Table 3: Global Navigation Satellite System (GNSS) Market Share
Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025
Table 4: Road (Application) Global Opportunity Assessment in
US$ Million by Region/Country: 2018-2025
Table 5: Road (Application) Historic Sales Analysis in US$
Million by Region/Country: 2009-2017
Table 6: Road (Application) Percentage Share Breakdown of
Global Sales by Region/Country: 2009 VS 2019 VS 2025
Table 7: Location-based Services (LBS) (Application) Worldwide
Sales in US$ Million by Region/Country: 2018-2025
Table 8: Location-based Services (LBS) (Application) Historic
Demand Patterns in US$ Million by Region/Country: 2009-2017
Table 9: Location-based Services (LBS) (Application) Market
Share Shift across Key Geographies: 2009 VS 2019 VS 2025
Table 10: Survey/Mapping (Application) Global Market Estimates &
Forecasts in US$ Million by Region/Country: 2018-2025
Table 11: Survey/Mapping (Application) Retrospective Demand
Analysis in US$ Million by Region/Country: 2009-2017
Table 12: Survey/Mapping (Application) Market Share Breakdown
by Region/Country: 2009 VS 2019 VS 2025
Table 13: Other Applications (Application) Demand Potential
Worldwide in US$ Million by Region/Country: 2018-2025
Table 14: Other Applications (Application) Historic Sales
Analysis in US$ Million by Region/Country: 2009-2017
Table 15: Other Applications (Application) Share Breakdown
Review by Region/Country: 2009 VS 2019 VS 2025

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Global Navigation Satellite System (GNSS) Market Share (in
%) by Company: 2020 & 2025
Market Analytics
Table 16: United States Global Navigation Satellite System
(GNSS) Latent Demand Forecasts in US$ Million by Application:
2018 to 2025
Table 17: Global Navigation Satellite System (GNSS) Historic
Demand Patterns in the United States by Application in US$
Million for 2009-2017
Table 18: Global Navigation Satellite System (GNSS) Market
Share Breakdown in the United States by Application: 2009 VS
2019 VS 2025
CANADA
Table 19: Canadian Global Navigation Satellite System (GNSS)
Market Quantitative Demand Analysis in US$ Million by
Application: 2018 to 2025
Table 20: Global Navigation Satellite System (GNSS) Market in
Canada: Summarization of Historic Demand Patterns in US$
Million by Application for 2009-2017
Table 21: Canadian Global Navigation Satellite System (GNSS)
Market Share Analysis by Application: 2009 VS 2019 VS 2025
JAPAN
Table 22: Japanese Demand Estimates and Forecasts for Global
Navigation Satellite System (GNSS) in US$ Million by
Application: 2018 to 2025
Table 23: Japanese Global Navigation Satellite System (GNSS)
Market in US$ Million by Application: 2009-2017
Table 24: Global Navigation Satellite System (GNSS) Market
Share Shift in Japan by Application: 2009 VS 2019 VS 2025
CHINA
Table 25: Chinese Demand for Global Navigation Satellite System
(GNSS) in US$ Million by Application: 2018 to 2025
Table 26: Global Navigation Satellite System (GNSS) Market
Review in China in US$ Million by Application: 2009-2017
Table 27: Chinese Global Navigation Satellite System (GNSS)
Market Share Breakdown by Application: 2009 VS 2019 VS 2025
EUROPE
Market Facts & Figures
European Global Navigation Satellite System (GNSS) Market:
Competitor Market Share Scenario (in %) for 2020 & 2025
Market Analytics
Table 28: European Global Navigation Satellite System (GNSS)
Market Demand Scenario in US$ Million by Region/Country:
2018-2025
Table 29: Global Navigation Satellite System (GNSS) Market in
Europe: A Historic Market Perspective in US$ Million by
Region/Country for the Period 2009-2017
Table 30: European Global Navigation Satellite System (GNSS)
Market Share Shift by Region/Country: 2009 VS 2019 VS 2025
Table 31: European Global Navigation Satellite System (GNSS)
Addressable Market Opportunity in US$ Million by Application:
2018-2025
Table 32: Global Navigation Satellite System (GNSS) Market in
Europe: Summarization of Historic Demand in US$ Million by
Application for the Period 2009-2017
Table 33: European Global Navigation Satellite System (GNSS)
Market Share Analysis by Application: 2009 VS 2019 VS 2025
FRANCE
Table 34: Global Navigation Satellite System (GNSS)
Quantitative Demand Analysis in France in US$ Million by
Application: 2018-2025
Table 35: French Global Navigation Satellite System (GNSS)
Historic Market Review in US$ Million by Application: 2009-2017
Table 36: French Global Navigation Satellite System (GNSS)
Market Share Analysis: A 17-Year Perspective by Application for
2009, 2019, and 2025
GERMANY
Table 37: Global Navigation Satellite System (GNSS) Market in
Germany: Annual Sales Estimates and Forecasts in US$ Million by
Application for the Period 2018-2025
Table 38: German Global Navigation Satellite System (GNSS)
Market in Retrospect in US$ Million by Application: 2009-2017
Table 39: Global Navigation Satellite System (GNSS) Market
Share Distribution in Germany by Application: 2009 VS 2019 VS
2025
ITALY
Table 40: Italian Demand for Global Navigation Satellite System
(GNSS) in US$ Million by Application: 2018 to 2025
Table 41: Global Navigation Satellite System (GNSS) Market
Review in Italy in US$ Million by Application: 2009-2017
Table 42: Italian Global Navigation Satellite System (GNSS)
Market Share Breakdown by Application: 2009 VS 2019 VS 2025
UNITED KINGDOM
Table 43: United Kingdom Demand Estimates and Forecasts for
Global Navigation Satellite System (GNSS) in US$ Million by
Application: 2018 to 2025
Table 44: United Kingdom Global Navigation Satellite System
(GNSS) Market in US$ Million by Application: 2009-2017
Table 45: Global Navigation Satellite System (GNSS) Market
Share Shift in the United Kingdom by Application: 2009 VS 2019
VS 2025
SPAIN
Table 46: Spanish Global Navigation Satellite System (GNSS)
Market Quantitative Demand Analysis in US$ Million by
Application: 2018 to 2025
Table 47: Global Navigation Satellite System (GNSS) Market in
Spain: Summarization of Historic Demand Patterns in US$ Million
by Application for 2009-2017
Table 48: Spanish Global Navigation Satellite System (GNSS)
Market Share Analysis by Application: 2009 VS 2019 VS 2025
RUSSIA
Table 49: Russian Global Navigation Satellite System (GNSS)
Latent Demand Forecasts in US$ Million by Application: 2018 to
2025
Table 50: Global Navigation Satellite System (GNSS) Historic
Demand Patterns in Russia by Application in US$ Million for
2009-2017
Table 51: Global Navigation Satellite System (GNSS) Market
Share Breakdown in Russia by Application: 2009 VS 2019 VS 2025
REST OF EUROPE
Table 52: Rest of Europe Global Navigation Satellite System
(GNSS) Addressable Market Opportunity in US$ Million by
Application: 2018-2025
Table 53: Global Navigation Satellite System (GNSS) Market in
Rest of Europe: Summarization of Historic Demand in US$ Million
by Application for the Period 2009-2017
Table 54: Rest of Europe Global Navigation Satellite System
(GNSS) Market Share Analysis by Application: 2009 VS 2019 VS
2025
ASIA-PACIFIC
Table 55: Asia-Pacific Global Navigation Satellite System
(GNSS) Market Estimates and Forecasts in US$ Million by
Region/Country: 2018-2025
Table 56: Global Navigation Satellite System (GNSS) Market in
Asia-Pacific: Historic Market Analysis in US$ Million by
Region/Country for the Period 2009-2017
Table 57: Asia-Pacific Global Navigation Satellite System
(GNSS) Market Share Analysis by Region/Country: 2009 VS 2019 VS
2025
Table 58: Global Navigation Satellite System (GNSS)
Quantitative Demand Analysis in Asia-Pacific in US$ Million by
Application: 2018-2025
Table 59: Asia-Pacific Global Navigation Satellite System
(GNSS) Historic Market Review in US$ Million by Application:
2009-2017
Table 60: Asia-Pacific Global Navigation Satellite System
(GNSS) Market Share Analysis: A 17-Year Perspective by
Application for 2009, 2019, and 2025
AUSTRALIA
Table 61: Global Navigation Satellite System (GNSS) Market in
Australia: Annual Sales Estimates and Forecasts in US$ Million
by Application for the Period 2018-2025
Table 62: Australian Global Navigation Satellite System (GNSS)
Market in Retrospect in US$ Million by Application: 2009-2017
Table 63: Global Navigation Satellite System (GNSS) Market
Share Distribution in Australia by Application: 2009 VS 2019 VS
2025
INDIA
Table 64: Indian Global Navigation Satellite System (GNSS)
Market Quantitative Demand Analysis in US$ Million by
Application: 2018 to 2025
Table 65: Global Navigation Satellite System (GNSS) Market in
India: Summarization of Historic Demand Patterns in US$ Million
by Application for 2009-2017
Table 66: Indian Global Navigation Satellite System (GNSS)
Market Share Analysis by Application: 2009 VS 2019 VS 2025
SOUTH KOREA
Table 67: Global Navigation Satellite System (GNSS) Market in
South Korea: Recent Past, Current and Future Analysis in US$
Million by Application for the Period 2018-2025
Table 68: South Korean Global Navigation Satellite System
(GNSS) Historic Market Analysis in US$ Million by Application:
2009-2017
Table 69: Global Navigation Satellite System (GNSS) Market
Share Distribution in South Korea by Application: 2009 VS 2019
VS 2025
REST OF ASIA-PACIFIC
Table 70: Rest of Asia-Pacific Demand Estimates and Forecasts
for Global Navigation Satellite System (GNSS) in US$ Million by
Application: 2018 to 2025
Table 71: Rest of Asia-Pacific Global Navigation Satellite
System (GNSS) Market in US$ Million by Application: 2009-2017
Table 72: Global Navigation Satellite System (GNSS) Market
Share Shift in Rest of Asia-Pacific by Application: 2009 VS
2019 VS 2025
LATIN AMERICA
Table 73: Latin American Global Navigation Satellite System
(GNSS) Market Trends by Region/Country in US$ Million:
2018-2025
Table 74: Global Navigation Satellite System (GNSS) Market in
Latin America in US$ Million by Region/Country: A Historic
Perspective for the Period 2009-2017
Table 75: Latin American Global Navigation Satellite System
(GNSS) Market Percentage Breakdown of Sales by Region/Country:
2009, 2019, and 2025
Table 76: Latin American Demand for Global Navigation Satellite
System (GNSS) in US$ Million by Application: 2018 to 2025
Table 77: Global Navigation Satellite System (GNSS) Market
Review in Latin America in US$ Million by Application:
2009-2017
Table 78: Latin American Global Navigation Satellite System
(GNSS) Market Share Breakdown by Application: 2009 VS 2019 VS
2025
ARGENTINA
Table 79: Argentinean Global Navigation Satellite System (GNSS)
Addressable Market Opportunity in US$ Million by Application:
2018-2025
Table 80: Global Navigation Satellite System (GNSS) Market in
Argentina: Summarization of Historic Demand in US$ Million by
Application for the Period 2009-2017
Table 81: Argentinean Global Navigation Satellite System (GNSS)
Market Share Analysis by Application: 2009 VS 2019 VS 2025
BRAZIL
Table 82: Global Navigation Satellite System (GNSS)
Quantitative Demand Analysis in Brazil in US$ Million by
Application: 2018-2025
Table 83: Brazilian Global Navigation Satellite System (GNSS)
Historic Market Review in US$ Million by Application: 2009-2017
Table 84: Brazilian Global Navigation Satellite System (GNSS)
Market Share Analysis: A 17-Year Perspective by Application for
2009, 2019, and 2025
MEXICO
Table 85: Global Navigation Satellite System (GNSS) Market in
Mexico: Annual Sales Estimates and Forecasts in US$ Million by
Application for the Period 2018-2025
Table 86: Mexican Global Navigation Satellite System (GNSS)
Market in Retrospect in US$ Million by Application: 2009-2017
Table 87: Global Navigation Satellite System (GNSS) Market
Share Distribution in Mexico by Application: 2009 VS 2019 VS
2025
REST OF LATIN AMERICA
Table 88: Rest of Latin America Global Navigation Satellite
System (GNSS) Latent Demand Forecasts in US$ Million by
Application: 2018 to 2025
Table 89: Global Navigation Satellite System (GNSS) Historic
Demand Patterns in Rest of Latin America by Application in US$
Million for 2009-2017
Table 90: Global Navigation Satellite System (GNSS) Market
Share Breakdown in Rest of Latin America by Application: 2009
VS 2019 VS 2025
MIDDLE EAST
Table 91: The Middle East Global Navigation Satellite System
(GNSS) Market Estimates and Forecasts in US$ Million by
Region/Country: 2018-2025
Table 92: Global Navigation Satellite System (GNSS) Market in
the Middle East by Region/Country in US$ Million: 2009-2017
Table 93: The Middle East Global Navigation Satellite System
(GNSS) Market Share Breakdown by Region/Country: 2009, 2019,
and 2025
Table 94: The Middle East Global Navigation Satellite System
(GNSS) Market Quantitative Demand Analysis in US$ Million by
Application: 2018 to 2025
Table 95: Global Navigation Satellite System (GNSS) Market in
the Middle East: Summarization of Historic Demand Patterns in
US$ Million by Application for 2009-2017
Table 96: The Middle East Global Navigation Satellite System
(GNSS) Market Share Analysis by Application: 2009 VS 2019 VS
2025
IRAN
Table 97: Iranian Demand Estimates and Forecasts for Global
Navigation Satellite System (GNSS) in US$ Million by
Application: 2018 to 2025
Table 98: Iranian Global Navigation Satellite System (GNSS)
Market in US$ Million by Application: 2009-2017
Table 99: Global Navigation Satellite System (GNSS) Market
Share Shift in Iran by Application: 2009 VS 2019 VS 2025
ISRAEL
Table 100: Israeli Global Navigation Satellite System (GNSS)
Addressable Market Opportunity in US$ Million by Application:
2018-2025
Table 101: Global Navigation Satellite System (GNSS) Market in
Israel: Summarization of Historic Demand in US$ Million by
Application for the Period 2009-2017
Table 102: Israeli Global Navigation Satellite System (GNSS)
Market Share Analysis by Application: 2009 VS 2019 VS 2025
SAUDI ARABIA
Table 103: Saudi Arabian Demand for Global Navigation Satellite
System (GNSS) in US$ Million by Application: 2018 to 2025
Table 104: Global Navigation Satellite System (GNSS) Market
Review in Saudi Arabia in US$ Million by Application: 2009-2017
Table 105: Saudi Arabian Global Navigation Satellite System
(GNSS) Market Share Breakdown by Application: 2009 VS 2019 VS
2025
UNITED ARAB EMIRATES
Table 106: Global Navigation Satellite System (GNSS) Market in
the United Arab Emirates: Recent Past, Current and Future
Analysis in US$ Million by Application for the Period 2018-2025
Table 107: United Arab Emirates Global Navigation Satellite
System (GNSS) Historic Market Analysis in US$ Million by
Application: 2009-2017
Table 108: Global Navigation Satellite System (GNSS) Market
Share Distribution in United Arab Emirates by Application: 2009
VS 2019 VS 2025
REST OF MIDDLE EAST
Table 109: Global Navigation Satellite System (GNSS) Market in
Rest of Middle East: Annual Sales Estimates and Forecasts in
US$ Million by Application for the Period 2018-2025
Table 110: Rest of Middle East Global Navigation Satellite
System (GNSS) Market in Retrospect in US$ Million by
Application: 2009-2017
Table 111: Global Navigation Satellite System (GNSS) Market
Share Distribution in Rest of Middle East by Application: 2009
VS 2019 VS 2025
AFRICA
Table 112: African Global Navigation Satellite System (GNSS)
Latent Demand Forecasts in US$ Million by Application: 2018 to
2025
Table 113: Global Navigation Satellite System (GNSS) Historic
Demand Patterns in Africa by Application in US$ Million for
2009-2017
Table 114: Global Navigation Satellite System (GNSS) Market
Share Breakdown in Africa by Application: 2009 VS 2019 VS 2025

IV. COMPETITION

Total Companies Profiled: 57
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