Frost & Sullivan: The Global Navigation Satellite System Market Positions Itself for the Future

Frost & Sullivan
2013-01-14 20:00 488

In the Coming Decades, Technology will Transform Position, Navigation and Timing Market

LONDON, Jan. 14, 2013 /PRNewswire/ -- Global Navigation Satellite System (GNSS), which started purely as a military application, has now widened to include all possible users - government agencies, industries, and even individuals. Frost & Sullivan analysis forecasts increasing prominence of Position, Navigation and Timing (PNT) data derived from Global Navigation Satellite System (GNSS) and associated Value Added Services (VAS) in the next 10 to 20 years.

As US and European stakeholders continue to demonstrate growing interests in the region in collaboration with regional systems/service providers, APAC will continue to represent as the fastest growing region through 2021, as forecasted in a recent Frost & Sullivan Market Insight entitled: "Global Navigation Satellite System Market Assessment - In Pursuit of New Business Opportunities."

Frost & Sullivan forecast shows that the APAC market is anticipated to more than double in 10 years, from EUR22.10 billion in 2012 to EUR56.07 in 2021, with one of the fastest growth rates among regions at 10.9 per cent. The European market value is estimated to grow from EUR16.90 billion in 2012 to EUR28.54 billion in 2021.

"The GNSS, with its current standing in terms of accuracy and reliability of service, is ready for providing non-safety of life (Non-SOL) applications to include Road Services and Location-based Services, among others," notes Frost & Sullivan Analyst for Aerospace, Defence & Security, Sabbir Ahmed.

GNSS has the potential to serve every corner of the world with seamless connectivity as Global Positioning System (GPS) has served both military and commercial markets since 1973. The ongoing transformation includes 32 new satellites and the fourth civil signal (L1C) with the BlockIII launches, as well as new ground control systems.

"Much of the present weaknesses in PNT market space are expected to be fully mitigated through multi-GNSS approach, but that means industry will have to wait until at least 2020 to reach full potential," explains Ahmed. "However, highly regulated Safety-of-Life (SOL), Publicly Regulated Service(PRS), and Search-And-Rescue(SAR) applications are anticipated to come to maturity by 2015."

GLONASS has also recently started to play an important role; however, despite being global in nature, with 24 satellites, its services have been limited to its own territory and part of Europe.

With four satellites already in orbit, the European GALILEO project is very promising. By the end of 2014 it is expected to be partially operational and with this, GPS would no longer be the sole player in global Position, Navigation, Velocity and Timing (PNVT) market space.

As of now, GPS and GLONASS are already interoperable, and GALILEO is designed to be compatible with GPS. Additionally, the Chinese COMPASS/BeiDou already has the 16th satellite in orbit and global services are expected with full constellation by 2020. This product is set to bring competition in the market, particularly in the APAC region.

The aviation sector has also transformed in position, navigation, approach and landing, and CNS/ATM to include GNSS. It shows these products are already being accepted, with significant intake expected by 2021.

"Frost & Sullivan recommends focusing on specific application segments where technology is already matured in the short term (2012-2014)," concludes Sabbir Ahmed. "However, the development of innovative products/applications with resilient features and guaranteed service will resist competition from cheap product manufacturers."

In the long term (2015-2021), industry focus should be on SOL applications for Aviation, as well as PRS for first responders/government agencies. Businesses should work closely with government stakeholders to understand requirements, and contribute to formulating policies towards creating demands in the target market.

If you are interested in more information on this topic and/or would like to obtain a complimentary copy of Frost & Sullivan Market Insight "Global Navigation Satellite System Market Assessment - In Pursuit of New Business Opportunities", please contact Joanna Lewandowska, Corporate Communications, at Please include your full contact details in the query.

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Source: Frost & Sullivan