GNSS SIMULATORS MARKET SIZE, SHARE, IS LIKELY TO INCREASE

The global GNSS simulators market is expected to grow, driven by the increasing popularity of advanced wearable devices worldwide. Additionally, the rising use of unmanned aerial vehicles (UAVs) in military and defense operations is boosting the need for these simulators.

A GNSS simulator recreates the environment around a GNSS receiver in a moving setting by simulating vehicle and satellite movements, atmospheric conditions, and other influencing factors. This allows the receiver to perform navigation tasks according to the specific conditions designed for the test.

Informational Source:

https://www.fortunebusinessinsights.com/gnss-simulators-market-103368

List of the Companies Operating in the Global Market for GNSS Simulators:

• Accord Software & Systems (India)
• CAST Navigation (The U.S.)
• HyperTech (Israel)
• IFEN (Germany)
• IP-Solutions (India)
• Orolia (The U.S.)
• Qascom (Italy)
• Rohde & Schwarz (Germany)
• Syntony GNSS (France)
• TeleOrbit (Germany)
• WORK Microwave (Germany)
• Jackson Labs Technologies (The U.S.)
• M3Systems (France)
• RACELOGIC (The U.K.)
• Spirent Communications (The U.K.)
• Among others

The market report includes a detailed analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to obtain information about the current trends and industry developments that will drive the market growth between 2020 and 2027.

Increasing Demand for UAVs to Propel Market Growth

The growing demand for optimum border monitoring, security, and surveillance purposes is driving the adoption of advanced UAVs. The increasing demand for strategic and tactical UAVs is expected to boost the adoption of advanced gnss simulators across the globe. Technological advancements have led to the development of wearable devices that are gaining popularity among consumers. Advanced gnss simulators offer total control over GPS signals that enable improved performance of the hardware and software of the wearable devices. As per the International Data Corporation report, around 336.5 million wearable devices were sold globally in 2019. This is expected to bode well for the global gnss simulators market growth during the forecast period.   

Companies Covered in GNSS Simulators Market are Accord Software & Systems (India), CAST Navigation (The U.S.), HyperTech (Israel), IFEN (Germany), IP-Solutions (India) .Orolia (The U.S.), Qascom (Italy), Rohde & Schwarz (Germany) , Syntony GNSS (France), TeleOrbit (Germany), WORK Microwave (Germany), Jackson Labs Technologies (The U.S.), M3Systems (France), RACELOGIC (The U.K.), Spirent Communications (The U.K.) and Other key players

Growing Demand for Advanced UAVs in North America to Spur Growth

Among all the regions, North America is expected to remain dominant and hold the highest position in the global gnss simulators market in the forthcoming years. The dominance is attributable to the growing demand for unmanned aerial vehicles (UAVs) in countries such as Canada that will propel the adoption of advanced gnss simulators in the region between 2020 and 2027.

The market in Asia-Pacific is anticipated to experience considerable growth owing to the supportive government initiatives regarding space development activities that will boost the demand for technologically advanced gnss simulators in the region during the forecast period.

Product Innovation Key Focus of Major Companies to Consolidate Their Positions

The global gnss simulators market is experiencing considerable competition owing to the presence of major companies that are striving to maintain their dominance. These companies are focusing on developing innovative gnss simulators to strengthen their market positions. Furthermore, other key players are adopting strategies such as merger and acquisition, collaboration, and partnership that will contribute to the market growth in the forthcoming years.

November 2019 – Orolia announced the launch of GSG-8 GNSS/GPS simulator. According to the company, the device is an advanced timing test solution, navigation, and positioning simulator. Additionally, it will deliver optimum quality navigation satellite system signal testing and sensor simulation across the globe.