$5.22 Billion GNSS Chip Market by Devices, Application, Vertical & Geography - Global Forecast to 2022 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "GNSS Chip Market - Global Forecast to 2022" report to their offering.

The GNSS chip market is expected to grow at a CAGR of 7.9% between 2016 and 2022 to reach USD 5.22 billion by 2022. The key driving factors for the growth of the GNSS chip market include the growing need for wearable electronics; rising demand for real-time analysis in surveying, navigation, mapping, and other positioning applications; and high penetration of electronic devices, wearables, and connecting devices. However, high initial investments are restraining the growth of the GNSS chip market.

Smartphones held the largest size of the GNSS chip market in 2015. GNSS chips in smartphones are used for applications such as location-based services (LBS), online games, and mobile geographic information systems (GISs), among others. Smartphones are expected to hold the largest size of the GNSS chip market during the forecast period due to the increasing demand in developing countries and the need for real-time information pertaining to the exact location of vehicles, individuals, and other assets.

The market for the automotive vertical is expected to grow at a high rate between 2016 and 2022. GNSS chips are being used in the automotive sector in applications such as connected cars and in-vehicle systems. Vehicle-detection and surveillance technologies are continuously being upgraded for enhanced speed monitoring, traffic counting, and vehicle classification. Connected cars are equipped with devices that enable Internet access using GNSS chips and allow them to communicate with other cars on the road and infrastructure-including traffic stop signals, satellites, cloud-based services, and road-side antennas, among others.

Companies Mentioned:

  • Broadcom Corporation
  • Eagle Uav Services
  • Furuno Electric Co., Ltd.
  • Hemisphere GNSS
  • Intel Corporation
  • Key Innovators
  • Mediatek Inc.
  • Misfit Inc.
  • Navika Electronics
  • Qualcomm Incorporated
  • Quectel Wireless Solutions Co., Ltd.
  • Skyworks Solutions, Inc.
  • Stmicroelectronics N.V.
  • U-Blox Holdings AG

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Introduction

5 Market Overview

6 Industry Trends

7 GNSS Chip Market, By GNSS Receiver

8 GNSS Chip Market, By Device

9 GNSS Chip Market, By Application

10 GNSS Chip Market, By Vertical

11 GNSS Chip Market, By Geography

12 Competitive Landscape

13 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/7kz7kb/gnss_chip_market

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Global Positioning Systems Software

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Global Positioning Systems Software