Global Navigation Satellite System Market Developments & Key Challenges 2027

November 6, 2020

Final Report will add the Impact of COVID-19 Analysis on Global Navigation Satellite System Industry:

The global navigation satellite system (GNSS) market size is expected to reach USD 386.78 billion by 2027, exhibiting a CAGR of 12.83% during the forecast period. The progression in smartphone technologies and digitalization can be vital factors augmenting the growth of the global market during the forecast period, states Fortune Business Insights in a report, titled “Global Navigation Satellite System Market Size, Share & Industry Analysis, By Type (Global Constellations, Regional Constellations, Satellite-Based Augmentations), By Application (Rail, Road, Aviation, Maritime, LBS, Time Synch, Agriculture, Surveying and Others), and Regional Forecast, 2020-2027” the market size stood at 161.27 billion in 2019.

The coronavirus catastrophe has caused the world’s economy to tumble down. We understand that this health emergency has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. There are some industries that are struggling and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.

We are making endless efforts to uplift businesses in this crucial need of the hour. Our expertise and experience can offer enormous benefits to help regain during this global pandemic.


The Report Lists the Key Companies in the Navigation Satellite System Market:

  • Qualcomm Inc. (The U.S.)
  • Texas Instrument (The U.S.)
  • Trimble Inc. (The U.S.)
  • Rockwell Collins (The U.S.)
  • Broadcom Inc. (The U.S.)
  • Hexagon (Sweden)
  • Furuno Electric (Japan)
  • Laird Plc. (The UK)
  • Cobham Plc. (The UK)
  • Harris Corporation (The U.S.)
  • Topcon Corporation (Japan)
  • Other Players


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