Albany, NY -- (SBWire) -- 12/28/2017 --This report covers the analysis and forecast of the GNSS chip market on a global and regional level. The study provides historic data of 2016 along with forecast for the period between 2017 and 2025 based on volume (Billion Units) and value (US$ Bn).

Global navigational satellite systems chips or chipsets are components found in GNSS devices which helps in the transmission and receiving of signals. They also solve the purpose of storing memories of certain images or information receiving during the functioning of the GNSS devices. GPS, GLONASS and GALILEO are some of the examples of global navigational satellite systems which are used widely for navigational purpose while travelling, locating a place, tracking a person or cargo, surveying, mapping and other functions.

The report provides the size of the GNSS chip market in 2016 and the forecast for the next nine years up to 2025. The size of the global GNSS chip market is provided in terms of both volume and value. Market volume is defined in billion units, while market value for regions is in US$ Bn. The market size and forecast for each type of devices segment is provided in the context of global and regional markets. Numbers provided in this report are derived based on demand generated from different end-use industry applications.

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Market estimates for this study have been based on volume, with value being derived through regional pricing trends. The price for commonly utilized grades of GNSS chip in each end-use industries has been considered, and customized product pricing has not been included. Demand for GNSS chip has been derived by analyzing the global and regional demand for GNSS chip in each application. The global GNSS chip market has been analyzed based on expected demand. Market data for each segment is based on volume and corresponding revenues. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers based on manufacturers' feedback. Forecasts have been based on the expected demand from smart rings.

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The market has been forecast based on constant currency rates. Prices of GNSS chip vary in each region and are a result of the demand-supply scenario in the region. Hence, a similar volume-to value ratio does not follow for each individual region. Individual pricing of GNSS chip for each application has been taken into account while estimating and forecasting market revenue on a global basis. Regional average price has been considered while breaking down the market into segments in each region.

Global GNSS Chip Market: Competitive Landscape

Some of the leading market players in the GNSS chip market are Qualcomm Incorporated (, United States), ST Microelectronics N.V. (Switzerland), Mediatek Inc. (Taiwan), U-Blox Holdings AG (Switzerland), Intel Corporation (United States), Furuno Electric Co., Ltd. (Japan), Broadcom Corporation (United States), Quectel Wireless Solutions Co., Ltd. (United States), Skyworks Solutions Inc. (United States), and Navika Electronics (India) among others.

The global GNSS chip market has been segmented into:

Global GNSS Chip Market, By Type of Devices
- Smart Phones
- In-Vehicle Networking Systems
- Personal Navigational Devices
- Others

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