The Europe GNSS chip market is expected to reach US$ 2,069.32 million by 2028 from US$ 1,481.02million in 2021. The market is estimated to grow at a CAGR of 4.9% from 2019 to 2028.
Consumer electronic devices such as smartphones, smart wearables, digital cameras, and tablets use GNSS technology for mapping, geo-marketing, and navigation applications. Almost 50% of the European population is using tech-advanced wearable devices such as fitness bands and smart watches. GNSS chips are majorly being integrated into these devices to offer precise locations of the user while running, walking, or driving. This feature has led to an increase in the adoption of various location-based services (LBS) and applications depending on the 4G network solution. With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe GNSS chip market. The Europe GNSS chip market is expected to grow at a good CAGR during the forecast period.
Europe GNSS Chip Market Revenue and Forecast to 2028 (US$ million)
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Europe GNSS Chip Market Segmentation
The Europe GNSS chip market is segmented based on device, application, vertical, and country. Based on device The Europe GNSS chip market is segmented smartphones, tablets, personal navigation devices, in-vehicle systems, others. The smartphones segment is dominated Europe GNSS Chip Market in 2020.Based on Vertical the Europe GNSS chip market segmented into consumer electronics, automotive & transportation, military and defense, marine and others. The consumer electronics segment Europe GNSS chip market dominated vertical in 2020.Based on application the Europe GNSS chip market segmented into navigation & location-based services, mapping, surveying, telematics, timing and synchronization, and others. The navigation & location-based services segment the Europe GNSS Chip Market Dominated in 2020. Based on country, the Europe GNSS chip market is segmented into Germany, the UK, Italy, France, Russia, and the Rest of Europe. Germany dominated the Europe GNSS chip market in 2020.
Intel Corporation, MediaTek Inc., Qualcomm Technologies Inc., FURUNO ELECTRIC CO., LTD. Broadcom Solution, Skywork Solution STMicroelectronics, Hexagon AB, Trimble Inc. and HEMISPHERE GNSS are among the leading companies in the Europe GNSS chip markets.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Europe Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe GNSS Chip Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe GNSS Chip Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for 5G Network and High-Speed Internet
5.1.2 Growing Use of GNSS Chip in Consumer Electronic Devices
5.2 Market Restraints
5.2.1 Jamming and Spoofing Attacks
5.3 market opportunities
5.3.1 IoT Technology in Autonomous Vehicles
5.4 Future trends
5.4.1 GNSS in UAVs/UGVs
5.5 Impact Analysis of Drivers and Restraints
6. GNSS Chip Market – Europe Analysis
6.1 Europe GNSS Chip Market Overview
6.2 GNSS Chip Market Revenue and Forecast to 2028 (US$ Million)
7. Europe GNSS Chip Market Analysis– By Device
7.1 Overview
7.2 GNSS Chip Market, by Type (2020 and 2028)
7.3 Smartphone
7.3.1 Overview
7.3.2 Smartphone: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Tablets
7.4.1 Overview
7.4.2 Tablets: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Personal Navigation Device
7.5.1 Overview
7.5.2 Personal Navigation Device: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
7.6 In-Vehicle System
7.6.1 Overview
7.6.2 In-Vehicle System: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe GNSS Chip Market Analysis – By Application
8.1 Overview
8.2 GNSS Chip Market, by Application (2020 and 2028)
8.3 Navigation & Location-based services
8.3.1 Overview
8.3.2 Navigation & Location-based services: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Mapping
8.4.1 Overview
8.4.2 Mapping: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Surveying
8.5.1 Overview
8.5.2 Surveying: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Telematics
8.6.1 Overview
8.6.2 Telematics: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Timing and Synchronization
8.7.1 Overview
8.7.2 Timing and Synchronization: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe GNSS Chip Market Analysis – By Vertical
9.1 Overview
9.2 GNSS Chip Market, by Application (2020 and 2028)
9.3 Consumer electronics
9.3.1 Consumer Electronics: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Automotive & Transportation
9.4.1 Overview
9.4.2 Automotive & Transportation: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Military & Defence
9.5.1 Overview
9.5.2 Military & Defence: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Marine
9.6.1 Overview
9.6.2 Marine: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Europe Others: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe GNSS Chip Market –Country Analysis
10.1 Europe: GNSS Chip Market
10.1.2 Europe: GNSS Chip Market, by Key Country
10.1.2.1 France: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 France: GNSS Chip Market, By Device
10.1.2.1.2 France: GNSS Chip Market, by Application
10.1.2.1.3 France: GNSS Chip Market, by Vertical
10.1.2.2 Germany: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.1 Germany: GNSS Chip Market, By Device
10.1.2.2.2 Germany: GNSS Chip Market, by Application
10.1.2.2.3 Germany: GNSS Chip Market, by Vertical
10.1.2.3 Italy: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.1 Italy: GNSS Chip Market, By Device
10.1.2.3.2 Italy: GNSS Chip Market, by Application
10.1.2.3.3 Italy: GNSS Chip Market, by Vertical
10.1.2.4 UK: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.4.1 UK: GNSS Chip Market, By Device
10.1.2.4.2 UK: GNSS Chip Market, by Application
10.1.2.4.3 UK: GNSS Chip Market, by Vertical
10.1.2.5 Russia: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.5.1 Russia: GNSS Chip Market, By Device
10.1.2.5.2 Russia: GNSS Chip Market, by Application
10.1.2.5.3 Russia: GNSS Chip Market, by Vertical
10.1.2.6 Rest of Europe: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.1 Rest of Europe: GNSS Chip Market, By Device
10.1.2.6.2 Rest of Europe: GNSS Chip Market, by Application
10.1.2.6.3 Rest of Europe: GNSS Chip Market, by Vertical
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Intel Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 MediaTek Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Qualcomm Technologies, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 FURUNO ELECTRIC CO., LTD.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Broadcom, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Skywork Solutions, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 STMicroelectronics
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Hexagon AB
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Trimble Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 QUECTEL WIRELESS SOLUTIONS CO., LTD.
12.10.1 Key Facts
12.11 HEMISPHERE GNSS, INC.
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Europe GNSS chip market– Revenue and Forecast to 2028 (US$ Million)
Table 2. France: GNSS Chip Market, By Device – Revenue and Forecast to 2028 (US$ Million)
Table 3. France: GNSS Chip Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. France: GNSS Chip Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: GNSS Chip Market, By Device – Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: GNSS Chip Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Germany: GNSS Chip Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy: GNSS Chip Market, By Device – Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy: GNSS Chip Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: GNSS Chip Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 11. UK: GNSS Chip Market, By Device – Revenue and Forecast to 2028 (US$ Million)
Table 12. UK: GNSS Chip Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. UK: GNSS Chip Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 14. Russia: GNSS Chip Market, By Device – Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia: GNSS Chip Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 16. Russia: GNSS Chip Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Europe: GNSS Chip Market, By Device – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe: GNSS Chip Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe: GNSS Chip Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe GNSS Chip Market Segmentation
Figure 2. Europe GNSS chip market Segmentation – By Country
Figure 3. Europe GNSS Chip Market Overview
Figure 4. Smartphones Segment held the largest share in 2020
Figure 5. Germany held the largest share in 2020
Figure 6. Europe: PEST Analysis
Figure 7. Europe GNSS Chip Market– Ecosystem Analysis
Figure 8. Europe Expert Opinion
Figure 9. Europe Impact Analysis of Drivers and Restraints
Figure 10. Europe GNSS Chip Market: Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe GNSS Chip Market Revenue Share, by Device (2020 and 2028)
Figure 12. Europe Smartphone: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Tablets: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Personal Navigation Device: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe In-Vehicle System: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Others: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe GNSS Chip Market Revenue Share, by Application (2020 and 2028)
Figure 18. Europe Navigation & Location-based services: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Mapping: GNSS Chip Market– Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Surveying: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Telematics: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Timing and Synchronization: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Others: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe GNSS Chip Market Revenue Share, by Application (2020 and 2028)
Figure 25. Europe Consumer Electronics: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Europe Automotive & Transportation: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Europe Military & Defense: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Europe Marine: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Europe Others: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Europe: GNSS Chip Market Revenue Share, by Key Country (2020 and 2028)
Figure 31. France: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Germany: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Italy: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. UK: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Russia: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Rest of Europe: GNSS Chip Market – Revenue and Forecast to 2028 (US$ Million)
- Intel Corporation.
- MediaTek INC.
- Qualcomm Technologies Inc.
- FURUNO ELECTRIC CO.LTD
- Broadcom.
- STMicroelectronics.
- Hexagon AB Trimble Inc.
- Septentrio N.V.
- u-blox Holding AG.
- HEMISPHERE GNSS.
- Skywork Solutions.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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