Who can drive the GNSS chip market in 2017?

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Since the beginning of this year, there have been two research reports on the global GNSS chip market. From these two reports, we can see a little clue about the development of the GNSS market. It can also be instructive for the development of China's Beidou compatible chip market for other GNSS system signals and related business development.

In March of this year, "QY Research" released the "Global GNSS Chip Market Research Report 2017". This is a comprehensive research report on the global GNSS chip market. The report focuses on the market segments, end users, geographic distribution and related technologies of the application. The report covers key players, current trends and their impact on global markets, including ROI analysis, SWOT analysis and feasibility studies, for major global market participants in the industry to analyze and assess significant market developments. Dynamics, market segments, size and share of key areas, and regional distribution, and forecast their development prospects. The report is divided into several key areas in the region, namely the United States, Europe, China, Japan, South Korea, and Taiwan. The GNSS chip data analysis and forecast for 2012 to 2022, the main subjects are production, consumption, and total income. Amount, market share and growth rate. The report also shows the market competition of global GNSS chip manufacturers, the manufacturer's production volume, product price, revenue (value) and market share, among which top manufacturers include Qualcomm, STMicroelectronics, MediaTek, U-Blox Holdings , Broadcom, Intel, FURUNO, Skyworks Solutions, Quectel Wireless Solutions and Navika Electronics. According to the product, there are two main types: standard accuracy and high precision. The report shows each type of production, revenue, price, and market share and growth rate. Classified according to the end users and applications of GNSS chips, including smartphones, tablets, personal navigators, in-vehicle systems, wearable devices, and digital cameras. The report highlights the status and outlook of major applications/end-users, the consumption (sales) and market share and growth rate of navigation chips for each application.

Who can drive the GNSS chip market in 2017?

In February of this year, “Research and Market” released the “Global Forecast for GNSS Chip Market to 2022”. The report covers the chip market, application equipment (smart phones, car terminal systems, tablets, personal navigators, etc.), the industry applications served (location services, navigation and car networking information systems, measurement and mapping, time and synchronization), And vertical market and geographical distribution.

According to the report, "The global GNSS chip market has experienced significant growth between 2016 and 2022, with a compound annual growth rate of 7.9%." "By 2022, the global navigation chip market is expected to reach $52.2 billion." In 2017, the output value was close to $3.6 billion. The main drivers of GNSS chip market growth include: growing demand for wearable electronic products; increasing demand for real-time analysis of positioning applications such as mapping, navigation, and mapping; and high penetration of electronic, wearable, and connected devices Sex. However, high initial investment is limiting the growth of the GNSS chip market.

Smartphones will dominate the GNSS chip market during the forecast period. Smartphones are the largest in the GNSS chip market in 2016. GNSS chips in smartphones are used for applications such as location based services (LBS), online games and mobile geographic information systems (GIS). Due to the growing demand from developing countries and the need for real-time information on the exact location of vehicles, individuals and other assets, smartphones are expected to have the largest market for GNSS chips during the forecast period.

Who can drive the GNSS chip market in 2017?

During the forecast period, the automotive industry accounted for a major share of the GNSS chip market. The automotive industry's market is expected to grow at a relatively high rate between 2016 and 2022. GNSS chips are being used in the automotive industry, such as connecting cars and in-vehicle systems. Vehicle detection and monitoring technologies are constantly being upgraded to enhance speed monitoring, traffic counting and vehicle classification. Connected cars are equipped with devices that can access the Internet using GNSS chips and allow them to communicate with other vehicles and infrastructure on the road, including traffic stop signals, satellites, cloud-based services and roadside antennas.

The Asia Pacific region is expected to be the fastest growing market for GNSS chips. Major consumer electronics manufacturers in the Asia Pacific region are focused on introducing new and innovative products that require real-time data to track and record specific locations using a variety of devices, such as smartphones, wearables, tablets, and more. As a result, continued technological advances in the consumer electronics industry and the growing popularity of wearables in the Asia Pacific region are driving the growth of the GNSS chip market in the region.