PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1389156
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1389156
Global Satellite Navigation System Market Size study & Forecast, by Solution by Constellation, by Orbit (Medium Earth Orbit, Geostationary Earth Orbit, Others) and Regional Analysis, 2023-2030
Satellite Navigation System is a global positioning system that uses a network of satellites to provide accurate geographic positioning information to receivers on Earth or in space. These systems enable precise location determination, navigation, and timing services for a wide range of applications. The most well-known and widely used satellite navigation systems is the Global Positioning System (GPS), developed and operated by the United States, and other similar systems like GLONASS (Russia), Galileo (European Union), BeiDou (China), and NavIC (India). The key factors driving the market growth is rising demand for location-based services, progressive development of space technologies, growing need for precise positioning and navigation data in various industries and cohesive government initiatives and investment.
Moreover, the government initiatives and investments play a crucial role in supporting the growth of the Satellite Navigation System Market. For instance, in May 2023, ISRO triumphantly initiated its second-generation navigation satellite series with the successful launch of a 2,232 kg satellite via a GSLV rocket from Sriharikota. This heaviest addition to the Indian Regional Navigation Satellite System (NavIC) contrasts the 1,425 kg weight of each of the seven satellites in the current constellation. Additionally, the technological advancements in navigation satellites and ground stations and emergence of new satellite constellations is anticipated to create lucrative opportunity for the market growth during forecast period 2023-2030. However, the lack of unified regulations and government policies stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Satellite Navigation System Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising government investments in space initiatives, high domestic demand for satellite-based services, advancement in satellite navigation system technologies. Whereas, the Asia Pacific is expected to grow with the fastest growth rate during the forecast period, owing to factors such as the increasing government investments, rising technological advancements in satellite systems, and development of national infrastructure to support GNSS systems.
Major market player included in this report are:
- Raytheon Technologies Corporation
- Northrop Grumman Corporation
- QualComm Technologies, Inc
- Lockheed Martin Corporation
- L3Harris Technologies Inc.
- Hemisphere GNSS
- SkyTraq Technology, Inc.
- Texas Instruments
- STMicroelectronics
- Trimble Inc.
Recent Developments in the Market:
Global Satellite Navigation System Market Report Scope:
By Solution:
By Constellation:
By Orbit:
By Region:
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Satellite Navigation System Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Satellite Navigation System Market, by Solution, 2020-2030 (USD Billion)
- 1.2.3. Satellite Navigation System Market, by Constellation, 2020-2030 (USD Billion)
- 1.2.4. Satellite Navigation System Market, by Orbit, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Satellite Navigation System Market Definition and Scope
Chapter 3. Global Satellite Navigation System Market Dynamics
Chapter 4. Global Satellite Navigation System Market: Industry Analysis
Chapter 5. Global Satellite Navigation System Market, by Solution
Chapter 6. Global Satellite Navigation System Market, by Constellation
Chapter 7. Global Satellite Navigation System Market, by Orbit
Chapter 8. Global Satellite Navigation System Market, Regional Analysis
Chapter 9. Competitive Intelligence
Chapter 10. Research Process
LIST OF TABLES
- TABLE 1. Global Satellite Navigation System Market, report scope
- TABLE 2. Global Satellite Navigation System Market estimates & forecasts by region 2020-2030 (USD Billion)
- TABLE 3. Global Satellite Navigation System Market estimates & forecasts by Solution 2020-2030 (USD Billion)
- TABLE 4. Global Satellite Navigation System Market estimates & forecasts by Constellation 2020-2030 (USD Billion)
- TABLE 5. Global Satellite Navigation System Market estimates & forecasts by Orbit 2020-2030 (USD Billion)
- TABLE 6. Global Satellite Navigation System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 7. Global Satellite Navigation System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 8. Global Satellite Navigation System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 9. Global Satellite Navigation System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10. Global Satellite Navigation System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11. Global Satellite Navigation System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12. Global Satellite Navigation System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13. Global Satellite Navigation System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
LIST OF FIGURES
