RnRMarketResearch.com adds a new research report Global Navigation Satellite System Market 2016-2020. This report, Global GNSS (Global Navigation Satellite System) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The analysts forecast global GNSS (global navigation satellite system) market to grow at a CAGR of 4.5% during the period 2016-2020.
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GNSS provides signals from space, which help determine the location of the user by using the timing and position of the data transmitted from the space. GNSS radio signals are complex, as they have a frequency of about 1.5 GHz (gigahertz) per 1.5 billion cycles per second. GNSS requires frequencies that are higher than FM radio, but lower than a microwave oven, for proper functioning. The GNSS signal become weak, when they reach the ground.
The report covers the present scenario and the growth prospects of the global GNSS (global navigation satellite system) market for 2016-2020. To calculate the market size, the report considers the revenue generated from the shipment of GNSS chipsets.
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