GNSS Chip Market to Record Sturdy Growth by 2025
The global navigational satellite system (GNSS) chip market is likely to experience intense competition among the key players in the market, stats Transparency Market Research. Leading players in the market are focusing on introducing new products to offer advanced products to their customers. They are also coming up with a unique and clear value proposition to strengthen their position in the market. Some of the prominent players in the global GNSS chip market are Mediatek Inc., Quectel Wireless Solutions Co., Ltd., Qualcomm Incorporated, Intel Corporation, Skyworks Solutions Inc., Furuno Electric Co., Ltd., U-Blox Holdings AG, and Navika Electronics. According to TMR, the global navigational satellite system (GNSS) chip market is projected to rise at heathy 7.7% CAGR during the forecast period between 2017 and 2025. The GNSS chip market was worth US$17.9 bn in 2016 and is estimated to reach US$34.71 bn by 2025. Get PDF brochure for Industrial Insights a...