Global and China BeiDou Navigation Satellite System Market Size, Status and Forecast 2021-2027

As one of the core Global Navigation Satellite Systems (GNSS) providers, the BeiDou Navigation Satellite System (“BDS”) has been developed steadily following a three-step strategy. BDS has been providing global services since the end of 2018. By around 2020, the BDS-3 system will be entirely completed to provide global users with free, open and high-quality navigation, positioning, timing, short message communication and other services. A more ubiquitous, integrated and intelligent positioning, navigation, timing system will be built before 2035.
Across the world, the major players cover Beijing BDStar Navigation, Hwa Create, etc. CASC accounted for over 57% market share in 2019 as the largest manufacturer.

Market Analysis and Insights: Global BeiDou Navigation Satellite System Market
The global BeiDou Navigation Satellite System market size is projected to reach US$ 149820 million by 2027, from US$ 58360 million in 2020, at a CAGR of 14.4% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global BeiDou Navigation Satellite System market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global BeiDou Navigation Satellite System market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global BeiDou Navigation Satellite System market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global BeiDou Navigation Satellite System market.

Global BeiDou Navigation Satellite System Scope and Market Size
BeiDou Navigation Satellite System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global BeiDou Navigation Satellite System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Downstream Industry in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Hardware
Software & Services

Segment by Downstream Industry
Agriculture
Aviation
Location-Based Services (LBS)
Traffic and Transportation
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
CASC
UniStrong
Hi-Target
Haige Communications
Hwa Create
Beijing BDStar Navigation
Corpro