GNSS Chip Market Size, Share, Industry Growth Analysis and Forecast Report to 2027


Posted October 13, 2020 by pankajrathi

Rise in demand for unmanned aerial vehicles is one of the key driving factors which are expected to boost the global GNSS chip market growth.
 
The global GNSS chip market is studied in detail in the new report on Qualiket Research. The new report studies the GNSS chip market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market’s historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods.

Request Sample Copy of this Report @ https://qualiketresearch.com/request-sample/GNSS-Chip-Market/request-sample

GNSS chips are known as global navigation satellite system which is used for locating the geographical position of user anywhere on earth. These are mainly used for navigation and tracking purposes in various devices. They are integral part of smartphones enabling users to navigate through paths, get accurate solutions, directions etc.

Market Drivers
Rise in demand for unmanned aerial vehicles is one of the key driving factors which are expected to boost the global GNSS chip market growth. An unmanned aerial vehicle is a system which aircraft remotely operated by an autonomous computer that has found its way to several applications for monitoring, mapping of large scale areas, and real-time assessment. Furthermore, increase in demand for 4G and 5G network coverage and high speed internet will propel the growth of global GNSS chip market during this forecast period.

Market Restraints
However, a high initial investment is required in agricultural sector is the major restraining factor which is expected to hamper the global GNSS chip market growth.

Market Key Players
Various key players are discussed in report such as Qualcomm Incorporated, Quectel Wireless Solutions Co., Ltd., Skyworks Solutions, Inc., Furuno Electric Co., Ltd., Intel Corporation, Broadcom Corporation, U-Blox Holdings AG, Mediatek Inc.,and Stmicroelectronics N.V.

Market Taxonomy
By Device
• Tablets
• Smartphones
• In-Vehicle Systems
By Application
• Mapping
• Navigation
• Surveying
• Telematics
• Location-based Services
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Browse Full Research Report @ https://qualiketresearch.com/reports-details/GNSS-Chip-Market

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Issued By qualiket research
Country India
Categories Business , Marketing , Technology
Tags gnss chip market
Last Updated October 13, 2020