Market Overview:
The global handheld GNSS market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The handheld GNSS market is segmented on the basis of type, application, and region. On the basis of type, the handheld GNSS market is segmented into sub-meter and cm level. The sub-meter level segment dominates the global handheld GNSS market in terms of revenue share and is expected to grow at a CAGR of 7% during the forecast period from 2018 to 2030. On the basis of application, industrial holds a major share in terms of revenue in 2017 and it is projected to maintain its dominance throughout the forecast period owing to increase demand for automated machines across various industries such as automotive, aerospace & defense, food & beverage etc. Some key factors that are driving growth of this market include increasing demand for automated machines across various industries such as automotive, aerospace & defense etc.
Product Definition:
A handheld GNSS is a portable device that uses satellite signals to determine its location. It can be used for navigation or surveying applications.
Sub-meter:
Sub-meter is the lowest unit of measurement used in GNSS for earth observation satellites. It is a thousand times smaller than meter and one hundred times smaller than acre. The smallest size of a satellite that can be launched into space is called CubeSat, which has dimensions of 10 x 10 x 10 cm and can weigh up to 1.3 kg.
Cm Level:
Cm level is the lowest sublevel of the global geoid. It is a reference level used in GNSS for satellite ephemerides and orbit determination. The C-level is constant over the surface of earth, however, it varies with respect to satellites in orbit around it.
The C-level has two components: free space and atmosphere (FSA) component which are necessary for positioning.
Application Insights:
The global handheld GNSS market has been segmented on the basis of application into industrial, construction, transportation and others. The construction segment is expected to witness significant growth over the forecast period owing to increasing government expenditure for infrastructure development in various countries around the world.
Transportation is another key sector where handheld GPS units are used extensively as they offer high accuracy and reliability in critical applications such as aircraft navigation, vessel tracking and mobile vehicle location among others. The growing need for tracking vehicles while moving along a route in a railway or bus system has led to an increased demand for these systems worldwide. This factor will further boost product demand over the forecast period.
The industry players have introduced new products targeted at specific application segments such as agriculture.
Regional Analysis:
North America dominated the global handheld GNSS market in terms of revenue share in 2017. The growth can be attributed to the increasing adoption of hand-held GNSS devices for navigation and positioning applications across various industries, such as construction, transportation and logistics, oil & gas, utilities. Moreover, growing investments by companies for developing robust products with enhanced performance is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising demand from end-users such as surveyors and construction workers for accurate position solutions in urban areas along with expanding industrial sector at a domestic level. Additionally, government initiatives encouraging road infrastructure development are likely boost regional product demand further driving vendors’ efforts towards enhancing their product portfolio through strategic acquisitions or new device launches in near future (Ref).
Growth Factors:
- Increasing demand for Handheld GNSS in the construction and engineering sector for surveying and mapping applications.
- Growing demand for Handheld GNSS in the military and defense sector for navigation and positioning applications.
- Increasing demand for Handheld GNSS in the agriculture sector for precision farming applications.
- Rising adoption of Handheld GNSS by individual consumers for outdoor activities such as hiking, biking, etc.
- Proliferation of low-costHandheld GNSS devices with advanced features that are attracting a large number of consumers worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Handheld GNSS Market Research Report
By Type
Sub-meter, Cm Level
By Application
Industrial, Construction, Others
By Companies
Spectra Geospatial, Crain Enterprises, Trimble, Stonex, Topcon, Geneq inc., Chcnav, South Group, Garmin, Spectra Geospatial
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Handheld GNSS Market Report Segments:
The global Handheld GNSS market is segmented on the basis of:
Types
Sub-meter, Cm Level
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Spectra Geospatial
- Crain Enterprises
- Trimble
- Stonex
- Topcon
- Geneq inc.
- Chcnav
- South Group
- Garmin
- Spectra Geospatial
Highlights of The Handheld GNSS Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sub-meter
- Cm Level
- By Application:
- Industrial
- Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Handheld GNSS Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Handheld GNSS is a term used to describe the use of GNSS receivers that are carried by hand. These receivers can be small and lightweight, making them easy to carry and use. They are also often equipped with features that make them more versatile than traditional GNSS receivers.
Some of the major players in the handheld gnss market are Spectra Geospatial, Crain Enterprises, Trimble, Stonex, Topcon, Geneq inc., Chcnav, South Group, Garmin, Spectra Geospatial.
The handheld gnss market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Handheld GNSS Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Handheld GNSS Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Handheld GNSS Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Handheld GNSS Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Handheld GNSS Market Size & Forecast, 2018-2028
4.5.1 Handheld GNSS Market Size and Y-o-Y Growth
4.5.2 Handheld GNSS Market Absolute $ Opportunity
Chapter 5 Global Handheld GNSS Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Handheld GNSS Market Size Forecast by Type
5.2.1 Sub-meter
5.2.2 Cm Level
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Handheld GNSS Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Handheld GNSS Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Construction
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Handheld GNSS Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Handheld GNSS Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Handheld GNSS Analysis and Forecast
9.1 Introduction
9.2 North America Handheld GNSS Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Handheld GNSS Market Size Forecast by Type
9.6.1 Sub-meter
9.6.2 Cm Level
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Handheld GNSS Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Construction
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Handheld GNSS Analysis and Forecast
10.1 Introduction
10.2 Europe Handheld GNSS Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Handheld GNSS Market Size Forecast by Type
10.6.1 Sub-meter
10.6.2 Cm Level
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Handheld GNSS Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Construction
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Handheld GNSS Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Handheld GNSS Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Handheld GNSS Market Size Forecast by Type
11.6.1 Sub-meter
11.6.2 Cm Level
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Handheld GNSS Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Construction
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Handheld GNSS Analysis and Forecast
12.1 Introduction
12.2 Latin America Handheld GNSS Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Handheld GNSS Market Size Forecast by Type
12.6.1 Sub-meter
12.6.2 Cm Level
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Handheld GNSS Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Construction
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Handheld GNSS Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Handheld GNSS Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Handheld GNSS Market Size Forecast by Type
13.6.1 Sub-meter
13.6.2 Cm Level
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Handheld GNSS Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Construction
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Handheld GNSS Market: Competitive Dashboard
14.2 Global Handheld GNSS Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Spectra Geospatial
14.3.2 Crain Enterprises
14.3.3 Trimble
14.3.4 Stonex
14.3.5 Topcon
14.3.6 Geneq inc.
14.3.7 Chcnav
14.3.8 South Group
14.3.9 Garmin
14.3.10 Spectra Geospatial
