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Download Free sampleAs 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.
BeiDou Navigation Satellite System Market contains market size and forecasts of BeiDou Navigation Satellite System in Global, including the following market information:
The global BeiDou Navigation Satellite System market was valued at 68780 million in 2021 and is projected to reach US$ 169790 million by 2028, at a CAGR of 13.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hardware Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of BeiDou Navigation Satellite System include CASC, UniStrong, Hi-Target, Haige Communications, Hwa Create, Beijing BDStar Navigation and Corpro, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the BeiDou Navigation Satellite System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global BeiDou Navigation Satellite System Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global BeiDou Navigation Satellite System Market Segment Percentages, by Type, 2021 (%)
Global BeiDou Navigation Satellite System Market, by Downstream Industry, 2017-2022, 2023-2028 ($ millions)
Global BeiDou Navigation Satellite System Market Segment Percentages, by Downstream Industry, 2021 (%)
Global BeiDou Navigation Satellite System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global BeiDou Navigation Satellite System Market Segment Percentages, By Region and Country, 2021 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
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