Published on : Aug 10, 2017
Albany, New York, August 10, 2017: Recently, there is an increasing interest in positioning techniques based on Global Navigation Satellite Systems (GNSS). The global market discussion on GNSS based technique called Real Time Kinematics can be found in a newly added report published on the online repository of Market Research Hub (MRH). This 167-page study is entitled as “Global RTK GNSS Industry 2016, Trends and Forecast Report” which provides a comprehensive analysis, highlighting the industry development trends that are assessed to determine the growth of the market in the coming years. Geographically, key regions analyzed in the report are Europe, North America and Asia, whereas key countries focused in the report are the U.S., Japan, China and Germany.
Real-Time Kinematic (RTK) is a differential GNSS technique that uses carrier-based ranging and provides ranges that are orders of magnitude more precise than those available through code-based positioning. At first, the study starts by defining the RTK GNSS industry along with its classification, application and industry chain structure. A thorough analysis of the market has also been presented by evaluating the market using Porter’s five forces model. According to the study findings, GNSS has come a long way from high-end use to become a consumer product.
Furthermore, the report describes the major regional market overview for above-mentioned regions to analyze the development trend as well as market demand. This section also includes product price, capacity utilization, profit, supply/demand and industry growth rate for each segment on the basis of the five-year review period (2012 to 2017). Additionally, industry analysis is completed in the report for upstream raw material and downstream market. It has been analyzed that there are more RTK GNSS system integrators in China than any other geographic region in the world. It makes sense because the Chinese market for RTK GNSS receivers is larger than any other market in the world.
It has also been studied that, the market is highly competitive in nature, with many leading players operating across various locations. To highlight the market competitive scenario, the report also provides details of key manufacturers operating in the market along with company snapshot and key Information which is helpful to the buyer. The marketing channels and development trends adopted by the key players in order to build up their position in the global market are also discussed in the study. At last, the report also introduces new project SWOT analysis, investment feasibility and investment return analysis.
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