© 2016 Global Market Insights, Inc. USA. All Rights Reserved GNSS Chip Market Size Growth During Forecast Period.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  GNSS Chip Market size is set to show rapid growth in the coming years driven by its extensive use in various industries such as automotive, military, airlines, aviation, archaeology, and surveying. GNSS chips are majorly used by these industries for navigation and tracking purposes in various devices. GPS has become integral to smartphones, enabling users to navigate through paths, get accurate locations, directions, etc.  Due to the increase in urbanization and extensive adoption of technology, there is a high demand for GPS-enabled applications, propelling the GNSS chip market. Furthermore, the demand for low-power portable devices, such as smartwatches and point of care devices integrated with new technologies, are increasing over the past few years. Evidently, with the wide use of these technologies, the market is expected to grow at a high pace in the coming year. Key Insights from GNSS Chip Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Continued…  The increasing demand for unmanned aerial vehicles is one of the major emerging trends driving the GNSS chip market growth. An unmanned aerial vehicle is a system or aircraft remotely operated by an autonomous computer, which has found its way to several applications for monitoring, real-time assessment, and mapping of large-scale areas.  Mapping of areas affected by natural disasters is one of the major applications of UAVs, creating a demand for GNSS chips. For instance, a landslide affected area was monitored using the UAV in India’s state Meghalaya to study the loss of properties and life. GNSS chips are crucial in UAVs for tracking and navigation purposes. Increase in UAV applications will propel the growth of these chips.

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Market research reports: Key analytical components

© 2016 Global Market Insights, Inc. USA. All Rights Reserved The GNSS chip market is propelled by regions such as Europe, Russia, the U.S., and China, who have their own satellite systems. Europe’s satellite navigation system, Galileo, has the maximum number of satellites with high frequencies. Automotive industries in Europe have an increasing demand for new technology applications. More and more applications integrated with navigation systems are being introduced, driving a high demand in the GNSS chip market. This region will witness a rise in the demand for more such applications to cater to the industry demand, propelling the market growth. These systems are being widely used by various industries for navigation purposes and surveying. Whereas, China GNSS chip market is anticipated to grow over a few years with the increasing use of electronic devices such as smartphones, wearable devices, and tablets. The rapid adoption of technology and the rise in location detection applications are expected to project a positive demand in the market. Regional Insights GNSS Chip Market:

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