GNSS Simulators Market Size, Share & Industry Analysis, By Type (Single Channel, Multichannel), By Component (Hardware, Software), By GNSS Receiver (GPS, Galileo, GLONASS, BeiDou), Application (Vehicle Assistance Systems, Location-based Services), Vertical (Military & Defence, Automotive, Consumer Electronics) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI103368 | Status : Ongoing

KEY MARKET INSIGHTS

The GNSS Simulators Market is witnessing considerable expansion globally, with a significant CAGR anticipated throughout the forecast period extending to 2032. GNSS stands for the global navigation satellite system. GNSS simulators are providing global coverage with the help of satellite navigation systems. It is a technologically advanced device that includes GPS, Beidou, GLONASS, Galileo, and other regional satellite navigational systems. GNSS simulators are providing complete control over constellation signals, no unwanted signal effects, and cost-effective testing.

The factors expected to drive the market is the rapid penetration of consumer activity in the internet of things ( IoT). Moreover, the growing demand for wearables across the world is anticipated to boost the market. Growing demand for unmanned aerial vehicles (UAVs), the advent of software-defined radio, and GNSS simulators are the upcoming opportunities for the market. However, the lack of digital infrastructure is affecting the market growth.

Key Market Driver -

Increasing Focus on R&D by Government Agencies across the Globe

Key Market Restraint -

Lack of Digital Infrastructure

Market Segmentation:

By type, the market is segmented into the single-channel and multichannel. Based on the component, the market is segmented into hardware and software. Based on the GNSS receiver, the market is categorized into GPS, Galileo, GLONASS, and BeiDou. Based on application, the market is segmented into vehicle assistance systems and location-based services. Based on vertical, the market is categorized into military & defense, automotive, consumer electronics, marine, aerospace, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, and Rest of the world.

Key Players Covered:

Accord Software & Systems (India)

CAST Navigation ( The U.S.)

Hyper Tech (Israel)

IFEN (Germany)

IP-Solutions (India)

Orolia ( The U.S.)

Qascom (Italy)

Rohde & Schwarz (Germany)

Syntony GNSS (France)

TeleOrbit (Germany)

WORK Microwave (Germany)

Jackson Labs Technologies ( The U.S.)

M3Systems (France)

RACELOGIC (The U.K.)

Spirent Communications (The U.K.)

Others

Key Insights

Increasing Focus on R&D by Government

Rapid Penetration Of Consumer Internet Of Things( IoT)

Regional Analysis:

The GNSS simulators market has been segmented into North America, Europe, Asia Pacific, and Rest of the world. North America is estimated to be the largest market during the forecast period. The growth in the region is owing to advancements in GNSS-Enabled consumer IoT devices to fuel the demand for GNSS Simulators in the US. Furthermore, the government focus on geospatial innovation programs and the growing demand for UAVs in Canada projected to boost the market.

Asia-Pacific is expected to be the fastest-growing region during the forecast period. This growth is attributed to increasing focus on the use of beidou navigation satellite system in China. Additionally, government initiatives such as space development plan to create growth potential for GNSS Simulators in South Korea is helping to grow the market.

Europe registers significant growth during the forecast period. This growth is owing to the presence of multiple GNSS simulator vendors in Germany. In the U.K., the government’s focus on innovation and research is anticipated to boost the market. In the Rest of the world, increasing the adoption of geospatial information and technology in Latin America, and Middle East & Africa is propelling the market.

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Segmentation

ATTRIBUTE	DETAILS
By Type	Single Channel Multichannel
By Component	Hardware Software
By GNSS Receiver	GPS Galileo GLONASS BeiDou
Application	Vehicle Assistance Systems Location-based Services
Vertical	Military & Defence Automotive Consumer Electronics Marine Aerospace Others
By Geography	North America (The U.S., Canada) Europe (The UK, Germany, France, and Rest of Europe) Asia Pacific (China, India, Japan, South Korea and Rest of Asia Pacific) Rest of the World (Latin America, and the Middle East & Africa)

GNSS Simulators Market Industry Developments

In November 2019, Orolia launches GSG-8 GNSS/GPS simulator. GSG-8 is the advanced timing test solution, positioning, and navigation simulator. It was used to deliver the highest standard of global navigation satellite system signal testing and sensor simulation.

In Feb 2017, Averna, and M3 Systems signed a strategic partnership to distribute StellaNGC GNSS simulator for the infotainment segment of the automotive market.

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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