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GNSS Simulator Market Share

Report ID: GMI8510
Published Date: Mar 2024
Report Format: PDF

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GNSS Simulator Market Share

Spirent Communications and Rohde & Schwarz GmbH & Co KG held significant market share of over 15% in 2023. Spirent focuses on diversifying its product portfolio by offering a wide range of GNSS simulation solutions tailored to different applications and industries. This includes simulators for automotive, aerospace, telecommunications, and research purposes.

Rohde & Schwarz GmbH & Co KG invests heavily in research and development to advance GNSS simulation technology and introduce innovative features and functionalities. This investment helps differentiate the company's offerings and stay ahead of competitors.

GNSS Simulator Market Companies

Major players operating in the GNSS simulator industry are:

Averna
Hexagon AB
Keysight Technologies Inc.
M3 Systems
Rohde & Schwarz GmbH & Co KG
Safran
Spirent Communications
Syntony GNSS
u-blox
Vaivi Solutions

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market for GNSS simulator was valued at USD 201.8 million in 2023 and is estimated to register over 9% CAGR between 2024 & 2032 owing to increasing investments in GNSS IoT radio chip development.

In 2023, the multi-channel segment accounted for a market share of around 60% and is expected to cross USD 250 million by 2032 driven by their ability to provide improved accuracy and precision, alongside increased signal diversity.

North America market share was around 43% in 2023 and will grow significantly through 2032 owing to the government initiatives & investments aimed at promoting the adoption & integration of GNSS technology in various sectors including transportation, disaster management, and urban planning.

Averna, Hexagon AB, Keysight Technologies Inc., M3 Systems, Rohde & Schwarz GmbH & Co KG, Safran, Spirent Communications, Syntony GNSS, u-blox, and Vaivi Solutions.