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Tag: MarketsandMarkets

  • Report: GNSS simulators market to be worth $165M by 2025

    Report: GNSS simulators market to be worth $165M by 2025

    Photo: Philipp Berezhnoy/iStock / Getty Images Plus/Getty Images
    Photo: Philipp Berezhnoy/iStock / Getty Images Plus/Getty Images

    According to a new research report, “GNSS Simulators Market by Component Type (Single Channel and Multichannel), GNSS Receiver (GPS, Galileo, GLONASS and BeiDou), Application (Vehicle Assistance Systems, Location-based Services and Mapping), Vertical, and Region — Global Forecast to 2025,” the market is estimated to grow from $106 million in 2020 to $165 million by 2025, at a compound annual growth rate (CAGR) of 9.3% during the forecast period.

    Factors such as rapid penetration of consumer internet of things, the contribution of 5G in enabling ubiquitous connectivity and increasing use of wearable devices utilizing location information are expected to drive the adoption of the GNSS simulators hardware, software and services, the MarketsandMarkets report said.

    Market segments

    The report stressed several key points in regard to the hardware segment, automotive vertical segment and GPS segment.

    The GNSS simulators market, by component, is segmented into hardware, software and services. Of these three, the hardware segment is expected to account for a larger market size in the coming years in the GNSS simulators market as it enables signal simulations and plays a key role in the simulation process.

    The GNSS simulators market, by vertical, is segmented into military and defense, automotive, consumer electronics, aerospace, marine and other verticals (agriculture, construction, and rail and road). According to the report, the automotive vertical segment is expected to hold a higher CAGR during the forecast period in the GNSS simulators market.

    “GNSS offers a cost-effective and accurate way of determining position in real-time,” the report said. “Ride-sharing apps, such as Uber and Lyft, car-sharing, usage-based insurance apps, dynamic toll charging and parking apps all depend on the real-time location of the car. GNSS offers sufficient accuracy for all these apps by providing location coordinates leading to its adoption in the automotive vertical.”

    Next, GNSS receivers are segmented into GPS, GLONASS, Galileo, BeiDou and others, with the others comprised of NavIC and QZSS receivers. The satellite tracking service provided by GPS is useful in various commercial and personal applications. The increasing commercial application of GPS vehicle tracking system for taxi companies and cab services is contributing to the rising adoption of GPS location services. It makes the navigation easier by providing relevant details, such as distance and shortest route to the desired location, the report said.

    Market size and location

    North America is expected to have the largest market size during the forecast period, with the key factor favoring the growth of the GNSS simulators market in North America being the increase in technological advancements coupled with the rise in government support for the adoption of UAVs. The increasing number of players across different regions is also further expected to drive the GNSS simulators market globally, the report said.

    In addition, Asia-Pacific is projected to grow at the highest CAGR during the forecast period, as it has witnessed considerable developments and adoption of solutions across the region. According to the report, Asia-Pacific has a large potential for GNSS and space-enabled applications, and it has a wide consumer base due to its booming economies accompanied by an increasing share of local R&D and technology innovations.

    Major players

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

  • Anti-jamming market for GPS to be worth $5.9 billion by 2025

    Anti-jamming market for GPS to be worth $5.9 billion by 2025

    Photo: Milan_Jovic/E+/Getty Images
    Photo: Milan_Jovic/E+/Getty Images

    According to a new market research report, “Anti-Jamming Market for GPS with COVID-19 Impact, by Receiver Type (Military and Government Grade and Commercial Transportation Grade), Technique (Nulling, Beam Steering and Civilian), End-User, Application and Geography — Global Forecast to 2025,” the anti-jamming market for GPS is valued at $4 billion in 2020 and is expected to reach $5.9 billion by 2025.

    The report, published by MarketsandMarkets, also states that the market is expected to grow at a CAGR of 7.9% from 2020 to 2025. Some of the key factors driving this growth include high demand for GPS technology in military applications and ongoing developments to improve overall GPS structure. Factors such as the growing demand for unmanned airborne vehicles and systems and the development of low-cost GPS anti-jamming solutions also are expected to provide growth opportunities to players in the GPS anti-jamming market.

    According to the report, Nulling Technique is expected to hold largest share of GPS anti-jamming market from 2020 to 2025. In addition, surveillance and reconnaissance are expected to hold largest share of GPS anti-jamming market during the forecast period.

    The GPS anti-jamming market in Asia Pacific is expected to grow significantly, as a result of a rise in the number of terror attacks in the region, which has led to countries enhancing their surveillance and antiterrorism capabilities, the report added. Countries in this area are also manufacture defense aircraft, which is expected to increase the scope of GPS anti-jamming for defense and aerospace systems. An increase in the defense expenditures of India and China, among other countries, and the expansion of militaries in emerging economies also have accelerated the demand for GPS anti-jamming solutions in Asia Pacific.

    Raytheon Technologies, Hexagon, Thales Group, L3Harris Technologies, BAE Systems, Cobham, Mayflower Communications, infinDome, Lockheed Martin, Israel Aerospace Industries, Furuno Electric and Meteksan Defense are few major players in the GPS anti-jamming market.

    MarketsandMarkets provides B2B research on 30,000 niche opportunities/threats that will impact 70% to 80% of worldwide companies’ revenues, the research firm said.

  • How machine control and precision agriculture are changing job sites

    How machine control and precision agriculture are changing job sites

    Photo: Trojak Communications
    Photo: Trojak Communications

    GNSS, coupled with inertial systems and software, is enabling greater accuracy in construction and agriculture. Other markets using machine control include unmanned vehicles, mining, surveying, mapping and defense.

    At construction sites, GNSS receivers can be found in heavy equipment such as bulldozers, excavators, graders and pavers. On farms and in orchards, GNSS increases productivity of machines ranging from tractors to UAVs.

    A new MarketsandMarkets report predicts the machine control system market will grow to $6.6 billion by 2024, a compound annual growth rate (CAGR) of 8.16%.

    For precision agriculture, the outlook is even brighter. Grand View Research anticipates the market will reach $12.9 billion by 2027, a CAGR of 13% over the period.

    Machine control speeds projects and increases efficiency under tight timelines. Using GNSS to guide the heavy lifting also alleviates safety concerns related to workers and construction machinery, and provides situational awareness to field operators.

    In this month’s feature, we share case studies from companies that specialize in these markets, provide product details, and review the status of real-time kinematic (RTK) GNSS in agriculture.

    Check out some use cases for how GNSS, inertial systems and software are enabling greater accuracy in construction and agriculture.

  • Agricultural robots market worth $12.8B by 2022

    The agricultural robots market is expected to grow from $2.75 billion in 2016 and is expected to reach $12.8 billion by 2022, at a compound annual growth rate of 20.71 percent between 2017 and 2022, according to a new report by MarketsandMarkets.

    The increasing focus on farm efficiency and productivity and increasing global demand for food are some of the significant drivers for the growth of the agricultural robots market.

    Hardware. The hardware component is expected to hold the largest share of the agricultural robots market between 2017 and 2022. The hardware components include automation and control systems, and sensing and monitoring systems. Automation and control systems such as global positioning system (GPS) receivers, guidance and steering devices, and variable rate technology devices form a major part of the agricultural robots market. These hardware components have the largest share of the overall agricultural robots market owing to their extensive use in field farming technologies.

    Weather forecasting. Weather tracking is one of the important parameters in agriculture as this application facilitates up-to-date information on prevailing climatic conditions, such as temperature, rain, wind speed and direction, and solar radiation. There are various kinds of devices used for this application, which include handheld instruments and on-field weather stations. Weather tracking helps in taking decisions before severe and potentially dangerous climatic conditions occur, thereby protecting a farmer’s family or business.

    North and South America. The Americas held the largest share of the agriculture robot market in 2016. This growth is attributed to the increased industrialization of farming equipment with the need for improved efficiency and productivity to meet the global demand for food. Efficient farming requirements, high production accuracy and increased use of farm management software are some of the factors for the growth of the agricultural robots market in the Americas.

    Major players in the agricultural robots market mentioned in the report include Deere & Company (U.S.), Trimble Inc. (U.S.), AgJunction Inc. (U.S.) and AGCO Corporation (U.S.).

    The report is titled “Agricultural Robots Market by Type (UAVs, Milking Robots, Harvesting Systems, Driverless Tractors), Offering (Hardware-Automation & Control System, Sensor & Monitoring Device; Software; Services), Application, and Geography — Global Forecast to 2022.”

    The report includes 203 pages, including 79 market data tables and 79 figures, with an in-depth table of contents.

    A PDF brochure on the report is available.

     

  • Unmanned ground vehicle market worth $2.63B by 2021

    Unmanned ground vehicle market worth $2.63B by 2021

    The unmanned ground vehicle market (UGV) is estimated to be valued at $1.49 billion in 2016 and is projected to reach $2.63 billion by 2021 with a CAGR of 12.14 percent during the forecast period, according to a new market report.

    The report, published by MarketsandMarkets, examines the unmanned ground vehicle market (UGV). The base year considered for the study is 2015, and the forecast period is 2016 to 2021.

    The title of the report is “Unmanned Ground Vehicle Market by Application (Defense-ISR, EOD, Crew Integration, Commercial-Agriculture, Field, Domestic, Transportation), Mobility (Wheeled, Tracked), Size, Component, Modes of Operation, Payload & Region — Global Forecast to 2021.” The 193-report includes an in-depth table of contents, 86 market data tables and 64 figures.

    The increasing demand for UGVs in the commercial and defense sectors and technological innovations that have created a demand for UGVs to perform complex operations with minimal human intervention and better safety are the major factors driving the UGV market, according to the company’s analysts.

    A PDF brochure about the report is available here.

    Commercial segment to dominate

    Based on application, the UGV market has been segmented into commercial and defense. The commercial segment of the UGV market is projected to grow at the highest CAGR till 2021. This growth is driven by the increasing demand for domestic and industrial UGVs.

    Based on size, the unmanned ground vehicle market has been segmented into micro UGVs, small UGVs, medium UGVs, and large UGVs. The small UGV segment of the unmanned ground vehicle market is projected to grow at the highest CAGR during the forecast period. The demand for small UGVs from both the commercial and defense sectors for their capabilities has enhanced the growth of this segment.

    Wheeled UGV and tracked UGV have been considered under the mobility segment of the unmanned ground vehicle market wherein the tracked UGV segment is projected to grow at the highest growth rate. Tracked UGVs are more versatile than wheeled UGVs as they can be operated on difficult terrains and can carry higher amounts of loads, thus leading to its higher demand.

    Autonomous mode

    In 2012, a second unmanned MTVR was built to evaluate multiple UGVs supervised by a single operator.
    In 2012, a second unmanned MTVR was built to evaluate multiple UGVs supervised by a single operator.

    The unmanned ground vehicle market is segmented into tethered, tele operated, semi- autonomous and autonomous, based on mode of operation. The autonomous segment is estimated to have the largest share with the highest CAGR in this segment during the forecast period due to their capability of operating without any human intervention.

    The software component segment is estimated to grow at the highest CAGR during the forecast period compared to the hardware segment as the customers are looking for sophisticated UGVs, which require advanced software systems.

    The UGV market Asia-Pacific is projected to grow at the highest growth rate during the forecast period. The rapid growth of the Asia-Pacific market can be attributed to the increasing investments to develop UGVs for defense as well as commercial applications. The investments are mainly driven by the developments in China, India, Japan and South Korea, which are among the fastest-emerging economies in the world.

    Major players

    The major players in this market have been identified to be QinetiQ Group Plc. (U.K.), iRobot (U.S.), Northrop Grumman (U.S.), Oshkosh Corporation (U.S.) and Lockheed Martin (U.S.), among others.

    The report segments and analyzes the unmanned ground vehicle market on the basis of mode of operations (tethered, tele-operated, semi-autonomous and autonomous), mobility (wheeled and tracked), size (micro, small, medium and large), payload (sensors, lasers, camera, radars and others), application (defense and commercial), and component (hardware and software) and maps these segments and sub-segments across the major regions of the world, namely, North America, Europe, Asia-Pacific, the Middle East and the rest of the world (comprising Latin America and Africa). Brief information on the research methodology for the report can be found in the report description provided on website.

    Related Reports

    “Military Robots Market by Platform (Airborne, Naval, Land-based), Application (Warfield, Pick ‘n’ Place, Firefighting, Voice-controlled Robotic Vehicle, Metal Detector Robotic Vehicle, Others), & Region — Global Forecast to 2020”

    “Unmanned Aerial Vehicle (UAV) Market by Application, Class (Mini, Micro, Nano, Tactical, MALE, HALE, UCAV), SubSystem (GCS, Data Link, Software), Energy Source, Material Type, Payload and Region — Global Forecast to 2022”

  • Flight Navigation the Focus of New Market Report

    MarketsandMarkets.com has released a new report focusing on NextGen flight navigation systems and how they will affect the future of aircraft.

    “Flight Navigation System Market by Product, Flight Instrument & Application Forecast to 2020” covers:

    • avionics and communications systems
    • instrumentation such as altimeters, gyroscopes, autopilots and sensors
    • applications (commercial and military)
    • geography

    The time frame covered is 2014 to 2020.

    Market Research Report is available as a PDF download either for single users or for corporate use.

  • LBS Market Worth $39.87 Billion by 2019

    A newly issued report by MarketsandMarkets focuses on growth in the location-based services market, and says it will be worth $39.87 billion by 2019.

    The report, “Location Based Services (LBS) Market (Mapping, Discovery and Infotainment, Location Analytics, Leisure and Social Networking, Location Based Advertising, Augmented Reality and Gaming, Tracking) — Worldwide Forecasts and Analysis (2014-2019),” provides a comprehensive market and forecast analysis of the overall market, segmented by products, services, technologies, applications, regions, and verticals. The report covers all the major sub segments of the LBS market and provides the quantitative (market size and market growth) and qualitative (trends, analysis, and insights) analysis for those segments.

    Included are 99 market data tables, 17 figures spread through 254 pages, and an in-depth table of contents on the LBS market. This comprehensive coverage of the LBS Market provides important inputs such as drivers, restraints, and opportunities in this market, profiles the major players in this market, maps the competitive landscape, and provides the overall perspective on the LBS Market in the various verticals and regions, according to MarketsandMarkets.

    LBS is a solution that stands for applications that integrate geographic locations information with business processes, helping in analysis of location information. The location-based information is required in distinct business data sets for relating, comparing, and analyzing relationships in the data. The service also provides an economical alternative to agencies with existing internal GIS resources. As a result of these multidimensional benefits of location information, operators are considering it as an asset, leading to numerous investments being made to extract, use and market it.