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

  • July 24, 2015
    Smart transportation market worth US$138.76 billion by 2020
    According to a new market research report, Smart Transportation Market by Solutions (Ticketing Management, Parking Management, Traffic Management, Smart Signalling, Multimodal Information Systems, Passenger Information Systems, Cloud Services, Business Services) - Global Forecast to 2020, published by MarketsandMarkets, the smart transportation market is set to grow from US$46.72 billion in 2015 to US$138.76 billion by 2020, growing at a CAGR of 24.3 per cent from 2015 to 2020.
  • January 7, 2021
    GTT bolsters solutions with GNSS
    Opticom solutions cover transit signal priority and traffic sensing technology
  • April 24, 2017
    IoT fleet management market to grow by more than 20 per cent by 2021
    A new report by MarketsandMarkets estimates that the Internet of Things (IoT) fleet management market will grow fromUS$3.16 billion in 2016 to US$8.28 billion by 2021, at a CAGR of 21.26 per cent. According to the report, the key factors driving the growth of the IoT fleet management market are increased demand for optimised business operations, real-time fleet monitoring and a growing number of government mandates for fleet safety. Routing management accounted for the largest share of the IoT fleet managem
  • December 5, 2013
    Can GNSS solve the tolling world’s woes?
    Kapsch’s Arno Klamminger and Wolfgang Fleischer consider the need for an agnostic approach to technology for charging and tolling. Periodically, given the march of technology, it is worth pausing and taking stock of where we have got to and where we go next. Such reflections are necessary if we are to take full advantage of what we have at our disposal and, potentially, avoid decisions which push us down technological culs de sac. A look at the use of Global Navigation Satellite System (GNSS)-based technol