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Navigation Satellite System Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR70651
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The navigation satellite system market size will grow up to $ 66.20 bn at a CAGR of 8% during 2021-2025.

This navigation satellite system market analysis report entails exhaustive statistical qualitative and quantitative data on Application (Navigation, LBS, Surveying, Mapping, and Others) and Geography (North America, APAC, Europe, MEA, and South America) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the Navigation Satellite System Market Size be in 2021?

Navigation Satellite System Market Size

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Navigation Satellite System Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rising investments in satellite navigation programs is notably driving the navigation satellite system market growth, although factors such as presence of satellite orbital debris may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the navigation satellite system market get your FREE report sample now.

This post-pandemic navigation satellite system market report has assessed the shift in consumer behavior and identified trends and drivers that will help market players outmaneuver challenges. Technology innovations, implementation, and improvisation scope identified in the navigation satellite system market trends is essential for building new business opportunities across segmentations and geographies.

Who are the Major Navigation Satellite System Market Vendors?

The navigation satellite system market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

  • Alps Alpine Co. Ltd.
  • Broadcom Inc.
  • Effigis Geo-Solutions
  • Furuno Electric Co. Ltd.
  • Intel Corp.
  • MediaTek Inc.
  • Qualcomm Inc.
  • SkyTraq Technology Inc.
  • STMicroelectronics NV
  • u-blox Holding AG

From our Porter's five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The navigation satellite system market analysis report also contains exhaustive observation on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

For insights on complete key vendor profiles, download a free sample of the navigation satellite system market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Navigation Satellite System Market?

Navigation Satellite System Market Share by Geography

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The navigation satellite system market size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 43% of the market's growth will originate from North America during the forecast period. US, China, India, UK, and Germany are the key markets for navigation satellite system market in North America.

North America has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in North America is reduction in associative launch cost. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Application Segments in the Navigation Satellite System Market?

Navigation Satellite System Market Share by Application

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The navigation satellite system market share growth by the __ segment has been significant. The navigation satellite system market report provides comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

This report provides an accurate prediction of the contribution of all the segments to the growth of the navigation satellite system market size. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

Navigation Satellite System Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2021-2025

$ 66.20 billion

Market structure

Fragmented

YoY growth (%)

3.68

Regional analysis

North America, APAC, Europe, MEA, and South America

Performing market contribution

North America at 43%

Key consumer countries

US, China, India, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alps Alpine Co. Ltd., Broadcom Inc., Effigis Geo-Solutions, Furuno Electric Co. Ltd., Intel Corp., MediaTek Inc., Qualcomm Inc., SkyTraq Technology Inc., STMicroelectronics NV, and u-blox Holding AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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What are the Key Factors Covered in this Navigation Satellite System Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive navigation satellite system market growth during the next five years
  • Precise estimation of the navigation satellite system market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the navigation satellite system market across North America, APAC, Europe, MEA, and South America 
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of navigation satellite system market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Navigation - Market size and forecast 2020-2025
    • LBS - Market size and forecast 2020-2025
    • Surveying - Market size and forecast 2020-2025
    • Mapping - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Alps Alpine Co. Ltd.
      • Broadcom Inc.
      • Effigis Geo-Solutions
      • Furuno Electric Co. Ltd.
      • Intel Corp.
      • MediaTek Inc.
      • Qualcomm Inc.
      • SkyTraq Technology Inc.
      • STMicroelectronics NV
      • u-blox Holding AG

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
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      Navigation Satellite System market growth will increase by $66.20 billion during 2020-2025.
      The navigation satellite system market is expected to grow at a CAGR of 7.97% during 2020-2025.
      Technavio has segmented the navigation satellite system market by application (Navigation, LBS, Surveying, Mapping, and Others) and geographic (North America, APAC, Europe, MEA, and South America).
      Alps Alpine Co. Ltd., Broadcom Inc., Effigis Geo-Solutions, Furuno Electric Co. Ltd., Intel Corp., MediaTek Inc., Qualcomm Inc., SkyTraq Technology Inc., STMicroelectronics NV, u-blox Holding AG are a few of the key vendors in the navigation satellite system market.
      North America will register the highest growth rate of 42.69% among the other regions. Therefore, the navigation satellite system market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the navigation satellite system market growth are:
      • Rising investments in satellite navigation programs
      The navigation satellite system market vendors should focus on grabbing business opportunities from the navigation segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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      • Covid-19 impact and recovery analysis
      • Data on revenue-generating market segments
      • Details on the market shares of various regions
      • Five-force market analysis

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