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.

Related Content

  • February 6, 2012
    European ITS Congress emphasises ITS development and deployment
    The 8th European ITS Congress is a key event for the industry. Hermann Meyer, CEO of Ertico-ITS Europe puts the event in context
  • May 18, 2012
    Developing markets to drive commercial telematics systems to $12 billion by 2016
    Fleet management and trailer tracking system revenues will grow at a CAGR of 19.4 per cent in the next five years, rising from about US$5 billion in 2011 to exceed $12 billion in 2016. ABI Research Telematics and Navigation Group Director Dominique Bonte comments: "While commercial telematics in developed markets such as North America and Western Europe is reaching maturity, especially in the trucking segment, the major growth in future is expected to come from developing regions where safety and security r
  • August 28, 2013
    Half of new vehicles shipping in North America to have driverless capabilities by 2032
    According to a new study by ABI research, the first driverless vehicles will appear in North America in the beginning of the next decade, evolving to more than 10 million robotic vehicles shipping in 2032. “While the technological feasibility of autonomous vehicles is being demonstrated by Google, Audi, Volvo, Bosch, and Continental, obstacles such as high costs and lack of legislation remain. On the other hand, the benefits of autonomous vehicles in terms of safety, cost savings, efficiency, and posit
  • April 22, 2014
    Growth of ITS market 2013 to 2019
    According to the latest report from Transparency Market Research, the intelligent transportation systems (ITS) market is expected to reach a value of US$30.2 billion by 2019, at a CAGR of 11.1 per cent from 2013 to 2019. The demand of ITS systems is rising globally due to increased congestion in metropolitan areas. Development and deployment of intelligent transportation system not only reduces traffic, but also reduces number of accidents and improves quality of life by controlling vehicle emission leve