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

  • Public safety demand driving ITS market growth, says report
    April 13, 2016
    The latest report from RnR Market Research indicates that one of the major factors positively impacting the intelligent transport systems market is the growing need for public safety as collision avoidance and dynamic warning systems are introduced to reduce the frequency of accidents by making users more aware of their surroundings. The analysts forecast global intelligent transport systems market to grow at a CAGR of 8.23 per cent during the period 2016-2020. The report, Global Intelligent Transport Sy
  • Harmonisation of Europe's ITS deployment still unbalanced
    January 31, 2012
    Dean Herenda, Chairman of the EasyWay project, talks about the progress made and the progress still to be made in harmonising ITS deployment across the European Union. "The deployment and use of ITS in road transport across Europe was and still is unbalanced" Although Europe can be proud of being home to some of the world's most advanced ITS solutions, the relative disparities between Member States of the European Union (EU) in terms of the extent and technological sophistication of deployments actually sta
  • App improves EU’s Galileo Green Lanes
    May 12, 2020
    More transparency ahead for better management of European Union border points
  • More than 35 million electric vehicles on the world’s roads by 2022
    January 13, 2014
    According to a new report from Navigant Research, by 2022 there will be more than 35 million electric vehicles (EVs) on roads worldwide. The report, “Electric Vehicle Market Forecasts”, provides forecasts, market sizing, and market share analysis for the overall light-duty (LD) vehicle market and LD EVs, plug-in hybrid EVs, and battery EVs.