DUBLIN, November 3, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Navigation Satellite System Market 2016-2020" report to their offering.
Global GNSS (global navigation satellite system) market to grow at a CAGR of 4.5% during the period 2016-2020
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
GNSS provides signals from space, which help determine the location of the user by using the timing and position of the data transmitted from the space. GNSS radio signals are complex, as they have a frequency of about 1.5 GHz (gigahertz) per 1.5 billion cycles per second. GNSS requires frequencies that are higher than FM radio, but lower than a microwave oven, for proper functioning. The GNSS signal become weak, when they reach the ground.
Growing popularity of IoT and machine to machine (M2M) communication will be one of the major trends in the market.
According to the report, the growth in automotive industry will be one of the major factors that will drive the growth of the market.
Further, the report states that multiconstellation compatibility and interoperability issues will be one of the major challenges influencing market growth.
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Road
Part 07: LBS
Part 08: Surveying
Part 09: Agriculture
Part 10: Aviation
Part 11: Maritime
Part 12: Rail
Part 13: Vendor landscape
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/6w4nv9/global_navigation
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SOURCE Research and Markets