Asia-Pacific Position, Navigation, and Timing (PNT) Solution Market Analysis and Forecasts, 2023-2024 and 2033 with Focus on On-Going and Upcoming Programs & Start-Up and Investment Landscape - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Asia-Pacific Position, Navigation, and Timing (PNT) Solution Market: Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.

The Asia-Pacific position, navigation, and timing (PNT) solution (satellite) market is estimated to reach $1,410.5 million by 2033 from $466.1 million in 2023, at a CAGR of 11.71% during the forecast period 2023-2033.

In recent times, significant advancements and growth have been observed in the market for position, navigation, and timing (PNT) solutions. The surge in the usage of smartphones, wearable devices, and in-car navigation systems has spurred the need for accurate positioning and navigation capabilities.

Market Introduction

The Asia-Pacific (APAC) region is experiencing substantial growth in the Position, Navigation, and Timing (PNT) solution market. This expansion is driven by the rapid adoption of smartphones, smart wearables, and vehicle navigation systems across various industries. The demand for precise location-based services, including GPS navigation, fleet management, and asset tracking, is propelling market growth.

Moreover, the increasing deployment of PNT solutions in sectors such as transportation, logistics, and defense further contribute to market growth. With advancements in satellite navigation technology and the emergence of new applications, the APAC PNT solution market is poised for continuous growth and innovation, offering lucrative opportunities for market players and driving technological advancements across the region.

How Can This Report Add Value to an Organization?

Product/Innovation Strategy

The product segment helps the reader understand the different types of solutions available for deployment and their potential globally. Moreover, the study provides the reader with a detailed understanding of the APAC position, navigation, and timing (PNT) solution by component.

Growth/Marketing Strategy

The APAC position, navigation, and timing (PNT) solution market has seen major development by key players operating in the market, such as contract, collaboration, and joint venture. The favored strategy for the companies has been contracts to strengthen their position in the APAC position, navigation, and timing (PNT) solution market.

Competitive Strategy

Key players in the APAC position, navigation, and timing (PNT) solution market analyzed and profiled in the study involve major APAC position, navigation, and timing (PNT) solution companies providing solutions, respectively.

Moreover, a detailed market share analysis of the players operating in the APAC position, navigation, and timing (PNT) solution market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Attributes:

Report Attribute	Details
No. of Pages	84
Forecast Period	2023 - 2033
Estimated Market Value (USD) in 2023	$466.1 Million
Forecasted Market Value (USD) by 2033	$1410.5 Million
Compound Annual Growth Rate	11.7%
Regions Covered	Asia Pacific

Key Topics Covered:

Executive Summary

Scope of the Study

1 Market

1.1 Industry Outlook

1.1.1 Position, Navigation, and Timing (PNT) Solution Market: Overview

1.1.2 Current and Emerging Technological Trends

1.1.2.1 GPS Augmentation Systems

1.1.2.2 Growing Use of Multi- GNSS Dead-Reckoning and RTK

1.1.2.3 Rising Use of Cloud-Based PNT Services and Machine Learning

1.1.2.4 Quantum-Based PNT Technologies

1.1.2.5 5G Broadcast Technology for Resilient Position, Navigation, and Timing (PNT) Systems

1.1.3 On-Going and Upcoming Programs

1.1.3.1 Korean Positioning System (KPS)

1.1.3.1.1 Need for International Assistance in Meeting the Requirements of the KPS Project

1.1.3.2 Navigation Innovation and Support Program (NavISP)

1.1.3.3 Southern Positioning Augmentation Network (SouthPAN)

1.1.3.4 Robust Optical Clock Network (ROCkN)

1.1.3.5 Blackjack Program

1.1.3.6 URANO

1.1.3.7 Military GPS User Equipment Increment 2 Miniature Serial Interface Program

1.1.3.8 H2020 Program

1.1.4 Start-Up and Investment Landscape

1.1.5 Growth of Satellite Constellations: A Growth Factor for Satellite-based PNT Services

1.1.6 Growth of Ground-as-a-Service: A Growth Factor for PNT Solution Market

1.1.7 Use-cases for Position, Navigation, and Timing (PNT) Solution

1.1.7.1 Terrestrial Radio Frequency (RF) Network

1.1.7.2 Optical Position, Navigation, and Timing (OPNT)

1.1.7.3 Terrestrial vs. Space-Based PNT Solution

1.1.8 Supply Chain Analysis

1.2 Business Dynamics

1.2.1 Business Drivers

1.2.1.1 Growth of the Autonomous Vehicles Market

1.2.1.2 Deployment of New Low Earth Orbit (LEO) Navigation Satellites

1.2.2 Business Challenges

1.2.2.1 GPS Jamming and Spoofing Attacks

1.2.3 Business Strategies

1.2.3.1 New Product Launch

1.2.4 Corporate Strategies

1.2.4.1 Partnerships, Collaborations, Agreements, Contracts, and Others

1.2.4.2 Mergers and Acquisitions

1.2.5 Business Opportunities

1.2.5.1 Emergence of Terrestrial-Based PNT Solutions

2 Region

2.1 Position, Navigation, and Timing (PNT) Solution Market (by Region)

2.2 Asia-Pacific

2.2.1 Markets

2.2.1.1 Key Manufacturers and Suppliers in Asia-Pacific

2.2.1.2 Business Drivers

2.2.1.3 Business Challenges

2.2.2 Application

2.2.2.1 Asia-Pacific Position, Navigation, and Timing (PNT) Solution Market (by End User, Satellite), Value Data

2.2.3 Product

2.2.3.1 Asia-Pacific Position, Navigation, and Timing (PNT) Solution Market (by Component), Value Data

2.2.4 Services

2.2.4.1 Asia-Pacific Position, Navigation, and Timing (PNT) Solution Market-GNSS Correction Services (by Type), Value Data

2.2.5 Asia-Pacific (by Country)

2.2.5.1 China

2.2.5.2 India

2.2.5.3 Japan

2.2.5.4 Rest-of-Asia-Pacific

3 Market - Competitive Benchmarking & Company Profiles

3.1 Market Share Analysis

4 Research Methodology

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