Europe Mid-and High-Level Precision GPS Receiver Market By Type (Survey Grade and Differential Grade), By Industry Vertical (Agriculture, Mining, Oil & Gas, Construction and Others), By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The Europe Mid-and High-Level Precision GPS Receiver Market would witness market growth of 11.1% CAGR during the forecast period (2020-2026). There are various types of GPS receiver that are presently available in the market, but not every GPS receiver work with the collector directly.
The receiver needs to support the output of NMEA 0183 sentences to utilize a GPS receiver with Collector. NMEA refers to the data specification standard & is being used by Collector to interact with GPS receivers. These NMEA messages comprise lines of data known as sentences. These collectors create GPS data like longitude, latitude, height, & fix type by analyzing specific sentences in NMEA messages.
Data collectors can make a location profile before collection & identify the exact set of data transformations for utilization. At the time of making a location profile, the coordinate systems of the map & the GPS data are identified. On the basis of this information, users are offered specific & pertinent transformation ways, with the suggested procedure on the top.
The navigation solution offered by the GNSS receiver depends on the calculation of the receiver’s distance to a group of satellites, through evaluating the propagation time of the coming signals transmitting via space at the speed of light, as per the satellite & receiver local clocks. Before extracting the location message, the signal of the satellite is identified & tracked as satellites are continuously moving. The front-end, the antenna, & the baseband signal processing are the functional blocks of the receiver which carry out these tasks.
The Germany market dominated the Europe Construction Mid-and High-Level Precision GPS Receiver Market by Country 2019, growing at a CAGR of 11.1 % during the forecast period. The UK market is exhibiting a CAGR of 11.5% during (2020 - 2026). Additionally, The France market is poised to witness a CAGR of 13.2% during (2020 - 2026).
Based on Type, the market is segmented into Survey Grade and Differential Grade. Based on Industry Vertical, the market is segmented into Agriculture, Mining, Oil & Gas, Construction and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Trimble, Inc., Hexagon AB, Topcon Corporation (Topcon Positioning Group), Raytheon Technologies Corporation, Javad GNSS, Inc., Septentrio N.V., South Surveying & Mapping Technology Co., Ltd., Raven Industries, Inc., Geneq, Inc., and ComNav Technology Ltd.
Scope of the Study
Market Segments Covered in the Report:
- Survey Grade
- Differential Grade
By Industry Vertical
- Oil & Gas
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Trimble, Inc.
- Hexagon AB
- Topcon Corporation (Topcon Positioning Group)
- Raytheon Technologies Corporation
- Javad GNSS, Inc.
- Septentrio N.V.
- South Surveying & Mapping Technology Co., Ltd.
- Raven Industries, Inc.
- Geneq, Inc.
- ComNav Technology Ltd.
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