Global GNSS Simulators Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at CAGR of 10.2% during forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
A GNSS simulator creates the same type of signals which are transmitted by GNSS satellites, enabling GNSS receivers to process the simulated signals similar to the way those simulated from real GNSS satellites are processed. It is different to live environment testing. Unlike live testing, GNSS simulation offers complete control of simulated satellite signals and environmental conditions. Testers can run and generate different test scenarios with a GNSS simulator and have thorough control over the date, time, and location; vehicle motion; environmental conditions; and signal errors and inaccuracies.
However, the lack of digital infrastructure is restraining the growth of the global GNSS simulators market to some extent. Lack of geodetic infrastructure and increase in jamming and spoofing attacks are major challenges faced by GNSS simulators market.
Based on GNSS receivers, GPS segment is expected to dominate the global GNSS simulators market. This can be attributed to the worldwide utilization of GPS for tracking assets accurately and efficiently. The BeiDou segment is expected to have the highest CAGR throughout the forecast period.
By vertical, automotive vertical segment to grow at the highest CAGR during the forecast period. The use of GNSS technology is growing rapidly in the automotive vertical. The technology novelties applications in connected cars and in-vehicle systems. Applications of GNSS in automotive vertical include smart mobility, safety-critical applications, liability-critical applications, and regulated applications. The need for modern automotive connectivity solutions in connected vehicles is predicted to drive the adoption of GNSS simulators in the automotive vertical.
Region-wise, the Asia Pacific region led the global market in 2018. The lead is expected to continue in the forecast period. The highest growth rate of the Asia Pacific can be attributed to the large base of manufacturing companies and the rapid adoption of connected devices. The automotive and consumer electronics verticals are expected to adopt GNSS simulators at the highest growth rate in the region.
A recent development in GNSS simulators market globally: In September 2018, Spirent Communications merged with Fraunhofer, a research organization, and LZE, a research and product development company. This partnership aids Spirent Communications to continuously supply its Galileo Public Regulated Service (PRS) Radio Frequency Constellation Simulator (RFCS) product.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global GNSS Simulators Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Global GNSS Simulators Market.
For More Information Visit :https://www.maximizemarketresearch.com/market-report/global-gnss-simulators-market/32353/
Scope of the Global GNSS Simulators Market
Global GNSS Simulators Market, By Component
• Hardware
• Software
• Services
o Professional Services
o Managed Services
Global GNSS Simulators Market, By Type
• Single Channel
• Multichannel
Global GNSS Simulators Market, By GNSS Receiver
• GPS
• Galileo
• Glonass
• Beidou
Global GNSS Simulators Market, By Application
• Navigation
• Mapping
• Surveying
• Location-Based Services
• Vehicle Assistance Systems
• Others
Global GNSS Simulators Market, By Vertical
• Military & Defense
• Automotive
• Consumer Electronics
• Marine
• Aerospace
• Others
Global GNSS Simulators Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key Players operating in Global GNSS Simulators Market
• Spirent Communications
• Rohde & Schwarz
• Syntony GNSS
• Orolia
• CAST Navigation
• Accord Software & Systems
• IFEN
• RACELOGIC
• TeleOrbit
• Jackson Labs Technologies
• IP-Solutions
• Hyper Tech
• WORK Microwave
• Qascom
• M3Systems
• Galileo Satellite Navigation
This Report Is Submitted By : Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
