GNSS Simulators Market - Trends Forecast Till 2028

GNSS Simulators Market, By Component (Hardware, Software, Services), Type (Single Channel, Multichannel), GNSS Receiver (GPS, Galileo, GLONASS, and BeiDou), Application (Navigation, Surveying, Vehicle Assistance Systems, Location-based Services, and Mapping), Vertical (Military and Defense, Automotive, Consumer Electronics, Aerospace, Marine and Other end users (Agriculture, Construction, and Rail and Road)), Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: January, 2021

Base Year Estimate: 2020

Report ID: D-IT-GSM-69

Format:  

Number of Pages: 338

Domain: IT & Telecom

GNSS Simulators Market – Trends Forecast Till 2028

The global GNSS simulators market is anticipated to reach USD 112.6 million in 2021 growing at a CAGR of 9.1% during the forecasting period, 2021-2028. 

5G contribution in enabling global connectivity, rise in the penetration rate of consumer IoT and increased demand for wearable devices using location information are some of the factors that have supported long-term expansion for GNSS simulators industry. 

GNSS Simulators Market – Trends Forecast Till 2028

The global GNSS simulators market is segmented into component, type, GNSS Receiver, Application, Vertical, and Geography.

Component segment is segmented into Hardware, Software, and Services

Type segment is segmented into Single Channel and Multichannel 

GNSS Receiver segment is segmented into GPS, Galileo, GLONASS, and BeiDou

Application segment is segmented into Navigation, Surveying, Vehicle Assistance Systems, Location-Based Services, and Mapping

Vertical segment is segmented into Military and Defense, Automotive, Consumer Electronics, Aerospace, Marine and Other End Users

Geographically, the global GNSS simulators market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Asia-Pacific region is anticipated to dominate the market for GNSS simulators market in the forecast period 2021-2028

Key players in the global GNSS simulators market are Spirent Communications, Rohde & Schwarz, Orolia, Hexagon, Syntony GNSS, VIAVI Solutions, Keysight Technologies, u-blox, CAST Navigation, Accord Software and System, IFEN, Racelogic, Teleorbit, IP-Solutions, Pendulum Instruments, Saluki Technology, Shanghai Huace Navigation Technology Ltd, Averna, GMV NSL, Brandywine Communications, Jackson Labs Technologies, Hunan Shuangln Electronic Technology, Work Microwave, Qascom, and M3 Systems

The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:

  • In October 2020, VIAVI Solutions and EF Johnson Technologies launched new automated test capabilities for KENWOOD Viking VM7000 and VM6000 series radios, and high-power VM radio models VM7630H, VM7730H, and VM5730H on the VIAVI 3920B Radio Test Platform and 8800SX Digital Radio Test Set
  • In September 2019, Spirent Communications announced to improvise the GSS9000 Series GNSS constellation simulator. This improvisation will offer enhanced flexibility, capability, and performance in order to meet the increasing demand for testing high-performance satellite navigation systems.

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Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conferences like Jefferies conference)—to identify and collect information useful for this study of the GNSS simulators market. The purpose of secondary research is to identify and collection of extensive, technical, market-oriented, and commercial studies of the global GNSS simulators market. Through secondary research, the market is classified and segmented as per industry trends, developments, regional markets, products, and technological developments. 

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the GNSS simulators market.

Primary Respondent breakdown is given below:

GNSS Simulators Market – Trends Forecast Till 2028

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validate the total revenue of the GNSS simulators market. This approach has also been used to derive the market for segmentation and sub-segmentation. 

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data, we contact primary respondents in order to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants 

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
  • Gain authentic and granular data access for GNSS simulators market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 112 million

Growth Rate

CAGR of 9.3% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year 

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Component, Application, End-User, and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and the Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Spirent Communications, Rohde & Schwarz, Orolia, Hexagon, Syntony GNSS, VIAVI Solutions, Keysight Technologies, u-blox, CAST Navigation, Accord Software and System, IFEN, Racelogic, Teleorbit, IP-Solutions, Pendulum Instruments, Saluki Technology, Shanghai Huace Navigation Technology Ltd, Averna, GMV NSL, Brandywine Communications, Jackson Labs Technologies, Hunan Shuangln Electronic Technology, Work Microwave, Qascom, and M3 Systems

Available Customization 

In addition to the market data for the GNSS simulators market, Delvens. offers client-centric reports and customized according to the company’s specific demand and requirement.

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