The use of nano GPS within wearable products, security systems, and tracker devices is growing. Use of nano GPS consumes less energy which makes the performance of the product long lasting. Moreover, growing demand for smart watches, trackers, digital cameras, and other smart devices for commercial applications will play a significant role in boosting the nano GPS market.
MARKET DYNAMICS
The manufacturers invest significant amount in research and development to minimize size of compact navigation satellite system module by keeping the sensitivity, efficiency, performance, and power consumption of the system same. This factor will drive the growth of nano GPS market. In addition to this, with constant technological developments, growing sports & racing games techniques are projected to trigger the use of transceiver chips; which is forecasted to provide ample of growth opportunities to the players operating in the nano GPS market.
MARKET SCOPE
The "Global Nano GPS Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the nano GPS market with detailed market segmentation -type, application, and geography. The global nano GPS market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading nano GPS market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global nano GPS market is segmented on the basis of type, application. Based on type, the nano GPS market is segmented into low power, sensitive. On the basis of application, the nano GPS market is segmented into smartphones, wearable, UAVs, personal digital assistants, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global nano GPS market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The nano GPS market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the nano GPS market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the nano GPS in these regions.
MARKET PLAYERS
The reports cover key developments in the nano GPS market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from nano GPS market are anticipated to lucrative growth opportunities in the future with the rising demand for nano GPS in the global market. Below mentioned is the list of few companies engaged in the nano GPS market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the nano GPS market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Atmel Corporation
- Analog Devices Inc.
- Dragon Bridge (SZ) Tech Co., Ltd
- Fujitsu Ltd.
- OriginGPS Ltd.
- OLinkStar Co., Ltd
- Shenzhen Zhonghe Electronics Co., Ltd
- Shenzhen Esino Technology Ltd
- Unicore Communications, Inc.
- VLSI Solution
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.