Navigation Satellite Systems Market, Global Outlook and Forecast 2024-2030
The global Navigation Satellite Systems market was valued at US$ 223.4 billion in 2023 and is projected to reach US$ 453 billion by 2030, at a CAGR of 4.60% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The navigation satellite system is the global navigation satellite system (GNSS). Also known as the space-based PNT system, its key role is to provide time / space datum and all the real-time dynamic information related to the position. It has become a major national space and information infrastructure, and has become an important symbol of the status of a modern country and the national comprehensive national strength.
This report aims to provide a comprehensive presentation of the global market for Navigation Satellite Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Navigation Satellite Systems. This report contains market size and forecasts of Navigation Satellite Systems in global, including the following market information:
- Global Navigation Satellite Systems Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global top five companies in 2023 (%)
The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Annual estimates and forecasts are provided for the period 2018 through 2025. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.
This report analyzes the worldwide markets for Navigation Satellite Systems Managed Service in US$ by the following Product Segments: Global Constellations, Regional Constellations, Satellite-Based Augmentations
We surveyed the Navigation Satellite Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Navigation Satellite Systems Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Navigation Satellite Systems Market Segment Percentages, by Type, 2023 (%)
- Global Constellations
- Regional Constellations
- Satellite-Based Augmentations
Global Navigation Satellite Systems Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Navigation Satellite Systems Market Segment Percentages, by Application, 2023 (%)
- Road
- Surveying
- Agriculture
- Rail
- Aviation
Global Navigation Satellite Systems Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Navigation Satellite Systems Market Segment Percentages, By Region and Country, 2023 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Navigation Satellite Systems revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Navigation Satellite Systems revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
- GNSS
- Rockwell Collins
- Qualcomm Technologies International Ltd.
- AgJunction, Inc
- Garmin Ltd.
- Furuno Electric Co Ltd.
- Hexagon
- Raytheon Company
- Topcon Corporation
- Trimble Navigation Ltd
- TomTom NV
Outline of Major Chapters:
Chapter 1: Introduces the definition of Navigation Satellite Systems, market overview.
Chapter 2: Global Navigation Satellite Systems market size in revenue.
Chapter 3: Detailed analysis of Navigation Satellite Systems company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Navigation Satellite Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
