PUBLISHER: Polaris Market Research | PRODUCT CODE: 1175510
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1175510
The global GNSS simulators market size is expected to reach USD 383.6 million by 2030, according to a new study by Polaris Market Research. The report "GNSS Simulators Market Share, Size, Trends, Industry Analysis Report, By Component; By Type (Single Channel & Multi-Channel); By Receiver; By Application; By Vertical; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The growing demand for GNSS simulators across various end-use industries is due to their cost-effective testing and accurate result of the signal received. Furthermore, increasing R&D investments to develop innovative and lighter GNSS chips is one of the major factors driving demand.
GNSS simulators generate geolocating RF signals for testing GPS-enabled devices (receivers). With GPS functionality now standard in avionics, wireless network timers, and much other government and commercial applications, GPS simulators have become essential tools for accelerating pre- and post-deployment performance testing.
The growing adoption of GNSS in the automotive and military sectors is due to its advanced navigation system technology to track and provide the precise location of the target or vehicle. Many automotive industry key players are investing in GNSS simulators to advance the self-driving experience and keep up with the emerging market. For instance, Audi and Aptiv invested $285 million into self-driving safety software to offer real-time monitoring.
The COVID-19 pandemic had a negative impact on the demand for the GNSS simulator market. Lack of skilled labor to develop components of GNSS and many end-use projects were standstill hampered the market.
GNSS Simulators Market Report Highlights
The growing demand for a single channel in GNSS manufacturing tests is due to its convenient and affordable solution to adjust the receiver track loop. Moreover, these simulators adjust the doppler profile of a particular signal which helps track the exact location, eventually thrusting the segment growth.
The GPS segment accounted for the highest CAGR and is expected to dominate the market owing to its ability to track satellites, navigation, and accuracy in determining precise orbit.
Vehicle assistance is expected to spearhead revenue growth due to the increasing adoption and implementation of GNSS for the production and testing of navigation fixes. Moreover, it enables advanced automatic driving without human intervention, bolsters the market growth.
Asia Pacific is expected to grow over the forecast period because of the utilization of BeiDou navigation and government focus on geospatial programs and space development plans across India, China, and South Korea.
Major players operating in the industry include Accord Software & Systems Private Limited, Averna, CAST Navigation, Digilogic, Eikay, GMV NSL, Hexagon, Hyper Tech, IFEN GmbH, Ip-Solutions, Jackson Labs Technologies, Keysight Technologies, M3 Systems, Maxeye Technologies, NOFFZ Technologies, Orolia, Qascom, and RACELOGIC.
Polaris Market Research has segmented the GNSS Simulators Market report based on component, type, receiver, application, vertical, and region:
GNSS Simulators, Component Outlook (Revenue - USD Million, 2018 - 2030)
Hardware
Software
Services
Managed Services
Professional Services
GNSS Simulators, Type Outlook (Revenue - USD Million, 2018 - 2030)
Single Channel
Multi-Channel
GNSS Simulators, Receiver Outlook (Revenue - USD Million, 2018 - 2030)
GPS
Galileo
GLONASS
BeiDou
Others
GNSS Simulators, Application Outlook (Revenue - USD Million, 2018 - 2030)
Navigation
Mapping
Surveying
Location-Based Services
Vehicle Assistance System
Others
GNSS Simulators, Vertical Outlook (Revenue - USD Million, 2018 - 2030)
Military And Defense
Automotive
Consumer Electronics
Marine
Aerospace
Other
GNSS Simulators, Regional Outlook (Revenue - USD Million, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Figure 1. Global GNSS Simulators Market, 2018 - 2030 (USD Million)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Approach
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Component
Figure 7. Global GNSS Simulators Market, by Component, 2021 & 2030 (USD Million)
Figure 8. Market by Receiver
Figure 9. Global GNSS Simulators Market, by Receiver, 2021 & 2030 (USD Million)