Skip to main content

2017 GNSS Market Report looks at latest trends shaping road transportation

The fifth edition of the European GNSS Agency’s (GSA) 2017 GNSS Market Report offers a comprehensive look at the global GNSS market, providing an analysis per market segment (location-based services (LBS), road transportation, aviation, maritime, rail, agriculture, surveying and timing and synchronisation), region and application type, including information on shipments, revenues and installed device base. In the road sector, according to the report, European GNSS, including Galileo and EGNOS, significantly
May 11, 2017 Read time: 2 mins
The fifth edition of the 5810 European GNSS Agency’s (GSA) 2017 GNSS Market Report offers a comprehensive look at the global GNSS market, providing an analysis per market segment (location-based services (LBS), road transportation, aviation, maritime, rail, agriculture, surveying and timing and synchronisation), region and application type, including information on shipments, revenues and installed device base.
                       
In the road sector, according to the report, European GNSS, including Galileo and EGNOS, significantly reduces congestion and CO2 pollution. It also improves the efficiency of road transportation by providing navigation guidance, fleet management and traffic monitoring.

It also indicates that the continued evolution of autonomous vehicles represents a huge opportunity for European GNSS. Along with other technologies, GNSS provides the answer to these vehicles’ need for accurate positioning and reliable localisation.

Other key trends identified by the Market Report include EU legislation, including the eCall initiative, which is expected to boost shipments of GNSS devices, while the emergence of the Mobility as a Service concept will bring with it new business models and opportunities.

For more information on companies in this article

Related Content

  • Growth predictions for parking management market
    December 18, 2014
    According to a new market research report Parking Management Market by Solution (Parking Software, On-Street Parking, Off-Street Parking, Access Control, Security and Surveillance, Parking Fee and Revenue Management, Parking Enforcement and Permit Management) - Global forecast to 2019, published by MarketsandMarkets, the global parking management market is expected to grow from US$5.0 billion in 2014 to US$9.2 billion by 2019, at a compound annual growth rate (CAGR) of 12.8 per cent. The global parking m
  • Global connected car market expected to reach US$131.9 billion by 2019
    September 27, 2013
    New research by Transparency Market Research "Connected Car Market -Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013- 2019" , indicates that the global connected car market is expected to reach US$131.9 billion by 2019, growing at a CAGR of 34.7 per cent from 2013 to 2019. 4G/long-term evolution (LTE) technology is in a commanding position due to its lower operating costs associated with high data transmission volumes as compared to other technologies.
  • New mobility services could benefit city dwellers and make public transport more affordable
    November 3, 2017
    New mobility services integrated into mass transit systems could improve the lives of all urban inhabitants and make public transport more affordable, accessible and sustainable, according to research from the Coalition for Urban Transitions (CfUT). It also presents the first global survey of new mobility services, and identifies emerging trends and opportunities for decision-makers in both the public and private sectors.
  • EIT Mobility’s A-Z of Uvar
    January 31, 2023
    Well-implemented vehicle mobility schemes offer cities quick ways to improve the quality of urban life - and now EIT Mobility has written a guide to doing so. Andrew Stone has a read…