Global Navigation Satellite System (GNSS) is the infrastructure that allows users with a compatible device to determine their position, velocity and time by processing signals from satellites. GNSS signals are provided by a variety of satellite positioning systems, including global and regional constellations and Satellite-Based Augmentation Systems:

The APAC region would continue to account for the largest share of the GNSS chip market in the coming years. Due to the increasing adoption of IoT and portable consumer electronics devices in countries such as China, Japan, and South Korea, the GNSS chip market in APAC is expected to grow at a high rate.

Qualcomm, Broadcom and Mediatek captured the top three revenue share spots in the GNSS Chips market in 2016. Qualcomm dominated with 24.46% revenue share, followed by Broadcom with 13.68% revenue share and Mediatek with 8.19% revenue share.

In the next five years, the global consumption volume of GNSS Chips will show upward tendency further, consumption volume is expected in 2022 will be 3149.51 Million Units. The average price is around 1.60 $/Unit.

Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.

Although sales of GNSS Chips brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market




According to this study, over the next five years the GNSS Chip market will register a 7.3% CAGR in terms of revenue, the global market size will reach US$ 5430 million by 2024, from US$ 3570 million in 2019. In particular, this report presents the global revenue market share of key companies in GNSS Chip business, shared in Chapter 3.



This report presents a comprehensive overview, market shares and growth opportunities of GNSS Chip market by product type, application, key companies and key regions.



This study considers the GNSS Chip value generated from the sales of the following segments:



Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.

    High Precision GNSS Chips

    Standard Precision GNSS Chips

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.

    Smartphones

    Tablets

    Personal Navigation Devices

    In-Vehicle Systems

    Wearable Devices

    Digital Cameras

    Others



This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

    Americas

        United States

        Canada

        Mexico

        Brazil

    APAC

        China

        Japan

        Korea

        Southeast Asia

        India

        Australia

    Europe

        Germany

        France

        UK

        Italy

        Russia

        Spain

    Middle East & Africa

        Egypt

        South Africa

        Israel

        Turkey

        GCC Countries



The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

    Qualcomm

    Broadcom

    Mediatek

    u-blox

    STM

    Intel Corporation

    Furuno Electric

    Quectel Wireless Solutions

    Navika Electronics



In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.



Research objectives

    To study and analyze the global GNSS Chip market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

    To understand the structure of GNSS Chip market by identifying its various subsegments.

    Focuses on the key global GNSS Chip players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.

    To analyze the GNSS Chip with respect to individual growth trends, future prospects, and their contribution to the total market.

    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

    To project the size of GNSS Chip submarkets, with respect to key regions (along with their respective key countries).

    To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

    To strategically profile the key players and comprehensively analyze their growth strategies.