2024.03.01

BDStar on the list of globalTop 10 GNSS Components & Receivers Manufacturers


In January 2024, European Union Agency for the Space Programme (EUSPA) published the second issue of EO and GNSS Market Report . The flagship report comprehensively analyzes the global Earth Observation and GNSS markets and future trends.

image sources from EO and GNSS Market Report 2024/Issue2

The report is mainly based on 2021 revenues of global related field enterprises, and compiles the "Top 10 GNSS Components & Receivers Manufacturers". BDStar has become the only company on the list in the Chinese Mainland,the other companies on the list are Avago (Broadcom), Garmin, Hexagon, Kongsberg Maritime, Mediatek, Qualcomm, Trimble, United Technologies Corporation and VALEO.

image sources from EO and GNSS Market Report 2024/Issue2

This report divides the GNSS into a total of 14 market segments, including agriculture, aviation and drones, mass consumption, highways and automobiles, and infrastructure. BDStar entered the "Core Component and Receiver Manufacturers" in eight of its segmented markets.

EO and GNSS Market Report 2024/issue 2 analyzes that comprehensive factors such as global digital and automation transformation, economic and population growth, energy demand and supply chain challenges, and increasing attention to health and safety are driving GNSS technology and applications towards higher precision, availability, and robustness.