Global GNSS Chip Market Report 2018 Analysis & Forecasts 2013-2023 - Increasing Dependence of IoT on GNSS for Position and Timing Information is Driving the Market
Global GNSS Chip Market Report 2018 Analysis & Forecasts 2013-2023 - Increasing Dependence of IoT on GNSS for Position and Timing Information is Driving the Market
DUBLIN, March 16, 2018 /PRNewswire/ --
The "GNSS Chip Market by Device (Smartphones, Tablets, PNDs, IVSs), by Vertical, by Application, by Geography - Global Market Size, Share, Development, Growth and Demand Forecast, 2013-2023" report has been added to ResearchAndMarkets.com's offering.
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Rapid urbanization, across the globe is leading towards more efficient and sustainable cities. On account of that, government of various countries worldwide are investing heavily in smart city projects. For instance, governments of several countries including Spain, UAE, Singapore, India and Austria are investing heavily in smart city research and projects. Government of India announced to transform 100 cities, into smart cities by 2030, and aims to invest around $15 billion on smart city project.
On the basis of device, the market is categorized into smartphones, tablets, PNDs, IVS and others, where others include phablets, digital camera and wearable devices. Smartphones accounted for 75% of the GNSS chip market, with $2.5 billion in 2016. It is further projected to reach $4.1 billion by 2023, witnessing 7.2% CAGR during the forecast period.
The various users of GNSS chips are automotive, consumer electronics, transport, marine, agriculture, military & defense, and construction industry. Technological evolutions in connected vehicles and automated driving domains are expected to be the major growth driver of GNSS-enabled applications and services in the automotive vertical over the next few years. Information obtained by GNSS chips empowers a range of automotive services from precise navigation to location-based information services, including the localization of speed cameras or available parking slots, dynamic weather updates and traffic alerts.
On the basis of application, GNSS chip market is categorized into LBS, surveying, telematics, navigation, mapping, timing & synchronisation and others, where others include gaming and weather forecasting. Telematics applications are expected to lead the market in terms of growth during the forecast period. The major factors bolstering the demand of GNSS chips in telematics include surging demand for integrated wireless communication systems within the vehicle, introduction of autonomous vehicles and transformation of non-connected cars into connected cars.
Geographically, the GNSS chip market is expected to witness the fastest growth in Asia-Pacific. Rise in demand of electronic, wearable and connecting devices, growing need for precise and real-time data along with the growing popularity of IoT are some of the major factors to have a significant positive impact on the industry.
Product launches have been observed as the major strategic step taken up by the key vendors operating in the GNSS chip industry, to capture a large market share. Chip manufacturers are entering into strategic alliance with technology providers in order to combine each other's expertise and offer best in class GNSS chips. Some of the major players operating in the market include Qualcomm Incorporated, Broadcom Limited, Intel Corporation, Furuno Electric Co., Ltd., Skyworks Solutions, Inc., Quectel Wireless Solutions Co., Ltd., Navika Electronics, NXP Semiconductors, MediaTek Inc. and U-blox.
Market Dynamics
Trends
-- Increasing dependence of IoT on GNSS for position and timing information
-- Escalating use of GNSS as an essential data source for big data
processing
-- Miniaturization of devices
-- Emergence of mHealth
Drivers
-- Growing popularity of augmented reality
-- High penetration of consumer electronic devices
-- Surging demand for precise real-time data
-- Growing focus towards development of smart cities
-- Impact analysis of drivers on market forecast
Restraints
-- High power consumption
-- Inability of GNSS to offer accurate underground, underwater and indoor
navigation
-- Impact analysis of restraints on market forecast
Opportunities
-- Increasing demand for unmanned aerial vehicles (UAVs) in several
applications
-- Growing demand for wearable electronics
Key Topics Covered
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Device
1.3.2 Market Segmentation by Vertical
1.3.3 Market Segmentation by Application
1.3.4 Market Segmentation by Geography
1.3.5 Analysis Period
1.3.6 Market Data Reporting Unit
1.3.6.1 Value
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By region
2.2.1.2 By industry participant
2.2.1.3 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Device
4.1.1.1 Smartphones
4.1.1.2 Tablets
4.1.1.3 Personal navigation devices (PNDs)
4.1.1.4 In-vehicle systems (IVSs)
4.1.1.5 Others
4.1.2 By Vertical
4.1.2.1 Automotive
4.1.2.2 Consumer electronics
4.1.2.3 Transport
4.1.2.4 Marine
4.1.2.5 Agriculture
4.1.2.6 Military & Defense
4.1.2.7 Construction
4.1.3 By Application
4.1.3.1 Location-Based Services (LBS)
4.1.3.2 Surveying
4.1.3.3 Telematics
4.1.3.4 Navigation
4.1.3.5 Mapping
4.1.3.6 Timing and Synchronization
4.1.3.7 Others
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Increasing dependence of IoT on GNSS for position and timing information
4.3.1.2 Escalating use of GNSS as an essential data source for big data processing
4.3.1.3 Miniaturization of devices
4.3.1.4 Emergence of mHealth
4.3.2 Drivers
4.3.3 Restraints
4.3.4 Opportunities
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitutes
4.4.5 Intensity of Rivalry
Chapter 5. Global Market Size and Forecast
5.1 By Device
5.2 By Vertical
5.3 By Application
5.4 By Region
Chapter 6. APAC Market Size and Forecast
6.1 APAC GNSS Chip Market
6.1.1 APAC GNSS Chip Market, by Device
6.1.2 APAC GNSS Chip Market, by Vertical
6.1.3 APAC GNSS Chip Market, by Application
6.1.4 APAC GNSS Chip Market, by Country
Chapter 7. North America Market Size and Forecast
7.1 North America GNSS Chip Market
7.1.1 North America GNSS Chip Market, by Device
7.1.2 North America GNSS Chip Market, by Vertical
7.1.3 North America GNSS Chip Market, by Application
7.1.4 North America GNSS Chip Market, by Country
Chapter 8. Europe Market Size and Forecast
8.1 Europe GNSS Chip Market
8.1.1 Europe GNSS Chip Market, by Device
8.1.2 Europe GNSS Chip Market, by Vertical
8.1.3 Europe GNSS Chip Market, by Application
8.1.4 Europe GNSS Chip Market, by Country
Chapter 9. RoW Market Size and Forecast
9.1 RoW GNSS Chip Market
9.1.1 RoW GNSS Chip Market, by Device
9.1.2 RoW GNSS Chip Market, by Vertical
9.1.3 RoW GNSS Chip Market by Application
9.1.4 RoW GNSS Chip Market, by Country
Chapter 10. Competitive Landscape
10.1 Competitive Benchmarking of Key Players
10.2 Battle for Market Share
10.3 Recent Activities of Major Players
10.4 Global Strategic Developments
10.4.1 Product Launch
10.4.2 Other Developments
Chapter 11. Company Profiles
11.1 Qualcomm Technologies, Inc.
11.1.1 Business Overview
11.1.2 Product and Service Offerings
11.1.3 Strategic Growth Plans
11.2 Broadcom Limited
11.2.1 Business Overview
11.2.2 Product and Service Offerings
11.2.3 Strategic Growth Plans
11.3 Intel Corporation
11.3.1 Business Overview
11.3.2 Product and Service Offerings
11.3.3 Strategic Growth Plans
11.4 Furuno Electric Co., Ltd.
11.4.1 Business Overview
11.4.2 Product and Service Offerings
11.4.3 Strategic Growth Plans
11.5 Skyworks Solutions, Inc.
11.5.1 Business Overview
11.5.2 Product and Service Offerings
11.5.3 Strategic Growth Plans
11.6 Quectel Wireless Solutions Co., Ltd.
11.6.1 Business Overview
11.6.2 Product and Service Offerings
11.6.3 Strategic Growth Plans
11.7 Navika Electronics
11.7.1 Business Overview
11.7.2 Product and Service Offerings
11.8 NXP Semiconductors
11.8.1 Business Overview
11.8.2 Product and Service Offerings
11.9 MediaTek Inc.
11.9.1 Business Overview
11.9.2 Product and Service Offerings
11.9.3 Strategic Growth Plans
11.1 U-blox
11.10.1 Business Overview
11.10.2 Product and Service Offerings
11.10.3 Strategic Growth Plans
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