Forecast and Analysis Report for the Global Navigation Satellite System (GNSS) Market

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A Global Navigation Satellite System or GNSS is a system that uses satellites and provides autonomous geospatial positioning. It determines location using the data sent from space in the form of signals about timing and positioning. These systems are helpful in navigating and in tracking the position of anything that has a receiver or satellite tracking.

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Innovative Smart Antenna for Geospatial Data

New Leica Zeno GG04 smart antenna launched by Leica Geosystems enables easy collection of high accuracy geospatial data on tablets and smartphones. This smart and compact antenna can improve GNSS accuracy of mobile devices using Real-Time Kinematic (RTK) and Precise Point Positioning (PPP). The product can provide accurate data with the advanced global navigation satellite system technology from Leica Geo systems and 555-channel tracking.

With the PPP technology, users can obtain data even in places that are out of cellular network coverage. Its Bring Your Own Device (BYOD) functionality allows mobile devices to acquire survey-grade details, delivering centimeter results.

Market Insights

As per a new report available on Radiant Insights, Inc.; the global navigation satellite system (GNSS) market is anticipated to showcase strong growth rate over the forecast period (from 2016 to 2021).Rapid developments in tablet computers and smartphone manufacturing are likely to boost the global market. Advent of multimodal logistics is said to be a key trend that positively influence the global market.

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Market Players

Some of the prominent companies operating in the worldwide GNSS market include Trimble Inc.; NovAtel Inc.; Rockwell Collins, Inc.; Furuno Electric Co., Ltd.; and AgJunction LLC. Most of these market competitors focus on introducing sophisticated products with latest technologies. This trend is expected to increase their customer base and help them strengthen their global market position. The companies are anticipated to invest huge amounts in research & development (R&D) activities to develop such products.

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