Global GNSS Correction Service Production, Demand and Key Producers, 2022-2028

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Published Date: 01 Nov 2022

Category: Service & Software

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Product Tags

Description

GNSS Correction Services are products which aim to increase the accuracy of position information. Correction Services are subscriptions to receive data in the field that help position GNSS receivers more accurately without the need to bring a reference station. GNSS Processing services improve measurements taken in the field by correcting them with data from reference points taken at the time of measurement.

This report studies the global GNSS Correction Service demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for GNSS Correction Service, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2021 as the base year. This report explores demand trends and competition, as well as details the characteristics of GNSS Correction Service that contribute to its increasing demand across many markets.

The global GNSS Correction Service market size is expected to reach $ 896.9 million by 2028, rising at a market growth of 7.5% CAGR during the forecast period (2022-2028).

Highlights and key features of the study
Global GNSS Correction Service total market, 2017-2028, (USD Million)
Global GNSS Correction Service total market by region & country, CAGR, 2017-2028, (USD Million)
U.S. VS China: GNSS Correction Service total market, key domestic companies and share, (USD Million)
Global GNSS Correction Service revenue by player and market share 2017-2022, (USD Million)
Global GNSS Correction Service total market by Type, CAGR, 2017-2028, (USD Million)
Global GNSS Correction Service total market by Application, CAGR, 2017-2028, (USD Million)
This reports profiles major players in the global GNSS Correction Service market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hexagon, Fugro, Oceaneering International, Trimble, UniStrong, Topcon, U-blox and Septentrio NV, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World GNSS Correction Service market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2017-2028 by year with 2021 as the base year, 2022 as the estimate year, and 2028 as the forecast year.

Global GNSS Correction Service Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global GNSS Correction Service Market, Segmentation by Type
PPP
RTK
RTK-PPP

Global GNSS Correction Service Market, Segmentation by Application
Agriculture
Construction
GIS and Mapping
Marine
Others

Companies Profiled:
Hexagon
Fugro
Oceaneering International
Trimble
UniStrong
Topcon
U-blox
Septentrio NV

Key Questions Answered
1. How big is the global GNSS Correction Service market?
2. What is the demand of the global GNSS Correction Service market?
3. What is the year over year growth of the global GNSS Correction Service market?
4. What is the total value of the global GNSS Correction Service market?
5. Who are the major players in the global GNSS Correction Service market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 GNSS Correction Service Introduction
    1.2 World GNSS Correction Service Market Size & Forecast (2017 & 2021 & 2028)
    1.3 World GNSS Correction Service Total Market by Region
        1.3.1 World GNSS Correction Service Market Size by Region (2017-2028)
        1.3.2 United States GNSS Correction Service Market Size (2017-2028)
        1.3.3 China GNSS Correction Service Market Size (2017-2028)
        1.3.4 Europe GNSS Correction Service Market Size (2017-2028)
        1.3.5 Japan GNSS Correction Service Market Size (2017-2028)
        1.3.6 South Korea GNSS Correction Service Market Size (2017-2028)
        1.3.7 ASEAN GNSS Correction Service Market Size (2017-2028)
        1.3.8 India GNSS Correction Service Market Size (2017-2028)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 GNSS Correction Service Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 GNSS Correction Service Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 World GNSS Correction Service Companies Competitive Analysis
    2.1 World GNSS Correction Service Revenue by Player (2017-2022)
    2.2 Industry Rank and Concentration Rate (CR)
        2.2.1 Global GNSS Correction Service Industry Rank of Major Players
        2.2.2 Global Concentration Ratios (CR4) for GNSS Correction Service in 2021
        2.2.3 Global Concentration Ratios (CR8) for GNSS Correction Service in 2021
    2.3 GNSS Correction Service Company Evaluation Quadrant
    2.4 GNSS Correction Service Market: Overall Company Footprint Analysis
        2.4.1 GNSS Correction Service Market: Region Footprint
        2.4.2 GNSS Correction Service Market: Company Product Type Footprint
        2.4.3 GNSS Correction Service Market: Company Product Application Footprint
    2.5 Competitive Environment
        2.5.1 Historical Structure of the Industry
        2.5.2 Barriers of Market Entry
        2.5.3 Factors of Competition
    2.6 Mergers, Acquisitions Activity

3 United States VS China VS Rest of the World
    3.1 United States VS China: GNSS Correction Service Market Comparison
        3.1.1 United States VS China: GNSS Correction Service Market Size Comparison (2017 & 2021 & 2028)
        3.1.2 United States VS China: GNSS Correction Service Market Size Market Share Comparison (2017 & 2021 & 2028)
    3.2 United States GNSS Correction Service Major Players and Market Share, 2017-2022
        3.2.1 Major Players of GNSS Correction Service in United States, Headquarters (States, Country)
        3.2.2 United States GNSS Correction Service Revenue by Domestic Player, (2017-2022)
    3.3 China GNSS Correction Service Major Players and Market Share, 2017-2022
        3.3.1 Major Players of GNSS Correction Service in China, Headquarters (Province, Country)
        3.3.2 China GNSS Correction Service Revenue by Domestic Player, (2017-2022)
    3.4 Rest of World GNSS Correction Service Major Players and Market Share, 2017-2022
        3.4.1 Major Players of GNSS Correction Service in Rest of World, Headquarters (State, Country)
        3.4.2 Rest of World GNSS Correction Service Revenue by Domestic Player, (2017-2022)

4 Market Analysis by Type
    4.1 World GNSS Correction Service Market Size Overview by Type: 2017 VS 2021 VS 2028
    4.2 Segment Introduction by Type
        4.2.1 PPP
        4.2.2 RTK
        4.2.3 RTK-PPP
    4.3 Market Segment by Type
        4.3.1 World GNSS Correction Service Market Size by Type (2017-2022)
        4.3.2 World GNSS Correction Service Market Size by Type (2023-2028)
        4.3.3 World GNSS Correction Service Market Size Market Share by Type (2017-2028)

5 Market Analysis by Application
    5.1 World GNSS Correction Service Market Size Overview by Application: 2017 VS 2021 VS 2028
    5.2 Segment Introduction by Application
        5.2.1 Agriculture
        5.2.2 Construction
        5.2.3 GIS and Mapping
        5.2.4 Marine
        5.2.5 Marine
    5.3 Market Segment by Application
        5.3.1 World GNSS Correction Service Market Size by Application (2017-2022)
        5.3.2 World GNSS Correction Service Market Size by Application (2023-2028)
        5.3.3 World GNSS Correction Service Market Size by Application (2017-2028)

6 Company Profiles
    6.1 Hexagon
        6.1.1 Hexagon Details
        6.1.2 Hexagon Major Business
        6.1.3 Hexagon GNSS Correction Service Product and Services
        6.1.4 Hexagon GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022)
        6.1.5 Hexagon Recent Developments/Updates
        6.1.6 Hexagon Competitive Strengths & Weaknesses
    6.2 Fugro
        6.2.1 Fugro Details
        6.2.2 Fugro Major Business
        6.2.3 Fugro GNSS Correction Service Product and Services
        6.2.4 Fugro GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022)
        6.2.5 Fugro Recent Developments/Updates
        6.2.6 Fugro Competitive Strengths & Weaknesses
    6.3 Oceaneering International
        6.3.1 Oceaneering International Details
        6.3.2 Oceaneering International Major Business
        6.3.3 Oceaneering International GNSS Correction Service Product and Services
        6.3.4 Oceaneering International GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022)
        6.3.5 Oceaneering International Recent Developments/Updates
        6.3.6 Oceaneering International Competitive Strengths & Weaknesses
    6.4 Trimble
        6.4.1 Trimble Details
        6.4.2 Trimble Major Business
        6.4.3 Trimble GNSS Correction Service Product and Services
        6.4.4 Trimble GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022)
        6.4.5 Trimble Recent Developments/Updates
        6.4.6 Trimble Competitive Strengths & Weaknesses
    6.5 UniStrong
        6.5.1 UniStrong Details
        6.5.2 UniStrong Major Business
        6.5.3 UniStrong GNSS Correction Service Product and Services
        6.5.4 UniStrong GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022)
        6.5.5 UniStrong Recent Developments/Updates
        6.5.6 UniStrong Competitive Strengths & Weaknesses
    6.6 Topcon
        6.6.1 Topcon Details
        6.6.2 Topcon Major Business
        6.6.3 Topcon GNSS Correction Service Product and Services
        6.6.4 Topcon GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022)
        6.6.5 Topcon Recent Developments/Updates
        6.6.6 Topcon Competitive Strengths & Weaknesses
    6.7 U-blox
        6.7.1 U-blox Details
        6.7.2 U-blox Major Business
        6.7.3 U-blox GNSS Correction Service Product and Services
        6.7.4 U-blox GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022)
        6.7.5 U-blox Recent Developments/Updates
        6.7.6 U-blox Competitive Strengths & Weaknesses
    6.8 Septentrio NV
        6.8.1 Septentrio NV Details
        6.8.2 Septentrio NV Major Business
        6.8.3 Septentrio NV GNSS Correction Service Product and Services
        6.8.4 Septentrio NV GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022)
        6.8.5 Septentrio NV Recent Developments/Updates
        6.8.6 Septentrio NV Competitive Strengths & Weaknesses

7 Raw Material and Industry Chain
    7.1 Raw Material of GNSS Correction Service and Key Manufacturers
    7.2 GNSS Correction Service Manufacturing Costs
    7.3 GNSS Correction Service Production Process
    7.4 GNSS Correction Service Industrial Chain

8 Distribution Channel Analysis
    8.1 Distribution Channel Breakdown for GNSS Correction Service Shipments (%): 2017-2028
        8.1.1 Direct Channel
        8.1.2 Indirect Channel
    8.2 GNSS Correction Service Typical Distributors
    8.3 GNSS Correction Service Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World GNSS Correction Service Market Size by Region (2017, 2022 and 2028) & (USD Million)
    Table 2. World GNSS Correction Service Market Size by Region (2017-2022) & (USD Million)
    Table 3. World GNSS Correction Service Market Size by Region (2023-2028) & (USD Million)
    Table 4. World GNSS Correction Service Market Size Market Share by Region (2017-2022)
    Table 5. World GNSS Correction Service Market Size Market Share by Region (2023-2028)
    Table 6. Major Market Trends
    Table 7. World GNSS Correction Service Revenue by Player (2017-2022) & (USD Million)
    Table 8. Revenue Market Share of Key GNSS Correction Service Players in 2021
    Table 9. World GNSS Correction Service Industry Rank of Major Player, Based on Revenue in 2021
    Table 10. Global GNSS Correction Service Company Evaluation Quadrant
    Table 11. Head Office of Key GNSS Correction Service Player
    Table 12. GNSS Correction Service Market: Company Product Type Footprint
    Table 13. GNSS Correction Service Market: Company Product Application Footprint
    Table 14. GNSS Correction Service Mergers & Acquisitions Activity
    Table 15. United States VS China GNSS Correction Service Market Size Comparison, (2017 & 2021 & 2028) & (USD Million)
    Table 16. Major Player of GNSS Correction Service in United States, Headquarters (States, Country)
    Table 17. United States GNSS Correction Service Revenue by Domestic Player, (2017-2022) & (USD Million)
    Table 18. United States GNSS Correction Service Revenue Market Share by Domestic Player, (2017-2022)
    Table 19. Major Player of GNSS Correction Service in China, Company Headquarters (Province, Country)
    Table 20. China GNSS Correction Service Revenue by Domestic Player, (2017-2022) & (USD Million)
    Table 21. China GNSS Correction Service Revenue Market Share by Domestic Player, (2017-2022)
    Table 22. Major Player of GNSS Correction Service in Rest of World, Company Headquarters (State, Country)
    Table 23. Rest of World GNSS Correction Service Revenue by Domestic Player, (2017-2022) & (USD Million)
    Table 24. Rest of World GNSS Correction Service Revenue Market Share by Domestic Player, (2017-2022)
    Table 25. World GNSS Correction Service Revenue by Type, (USD Million), 2017 & 2021 & 2028
    Table 26. World GNSS Correction Service Revenue by Type (2017-2022) & (USD Million)
    Table 27. World GNSS Correction Service Revenue by Type (2023-2028) & (USD Million)
    Table 28. World GNSS Correction Service Revenue by Application, (USD Million), 2017 & 2021 & 2028
    Table 29. World GNSS Correction Service Revenue by Application (2017-2022) & (USD Million)
    Table 30. World GNSS Correction Service Revenue by Application (2023-2028) & (USD Million)
    Table 31. Hexagon Basic Information, Area Served and Competitors
    Table 32. Hexagon Major Business
    Table 33. Hexagon GNSS Correction Service Product and Services
    Table 34. Hexagon GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 35. Hexagon Recent Developments/Updates
    Table 36. Hexagon Competitive Strengths & Weaknesses
    Table 37. Fugro Basic Information, Area Served and Competitors
    Table 38. Fugro Major Business
    Table 39. Fugro GNSS Correction Service Product and Services
    Table 40. Fugro GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 41. Fugro Recent Developments/Updates
    Table 42. Fugro Competitive Strengths & Weaknesses
    Table 43. Oceaneering International Basic Information, Area Served and Competitors
    Table 44. Oceaneering International Major Business
    Table 45. Oceaneering International GNSS Correction Service Product and Services
    Table 46. Oceaneering International GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 47. Oceaneering International Recent Developments/Updates
    Table 48. Oceaneering International Competitive Strengths & Weaknesses
    Table 49. Trimble Basic Information, Area Served and Competitors
    Table 50. Trimble Major Business
    Table 51. Trimble GNSS Correction Service Product and Services
    Table 52. Trimble GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 53. Trimble Recent Developments/Updates
    Table 54. Trimble Competitive Strengths & Weaknesses
    Table 55. UniStrong Basic Information, Area Served and Competitors
    Table 56. UniStrong Major Business
    Table 57. UniStrong GNSS Correction Service Product and Services
    Table 58. UniStrong GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 59. UniStrong Recent Developments/Updates
    Table 60. UniStrong Competitive Strengths & Weaknesses
    Table 61. Topcon Basic Information, Area Served and Competitors
    Table 62. Topcon Major Business
    Table 63. Topcon GNSS Correction Service Product and Services
    Table 64. Topcon GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 65. Topcon Recent Developments/Updates
    Table 66. Topcon Competitive Strengths & Weaknesses
    Table 67. U-blox Basic Information, Area Served and Competitors
    Table 68. U-blox Major Business
    Table 69. U-blox GNSS Correction Service Product and Services
    Table 70. U-blox GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 71. U-blox Recent Developments/Updates
    Table 72. Septentrio NV Basic Information, Area Served and Competitors
    Table 73. Septentrio NV Major Business
    Table 74. Septentrio NV GNSS Correction Service Product and Services
    Table 75. Septentrio NV GNSS Correction Service Revenue, Gross Margin and Market Share (2017-2022) & (USD Million)
    Table 76. GNSS Correction Service Raw Material
    Table 77. Key Manufacturers of GNSS Correction Service Raw Materials
    Table 78. GNSS Correction Service Typical Distributors
    Table 79. GNSS Correction Service Typical Customers
List of Figure
    Figure 1. GNSS Correction Service Picture
    Figure 2. World GNSS Correction Service Total Market Size: 2017 & 2021 & 2028, (USD Million)
    Figure 3. World GNSS Correction Service Total Market Size (2017-2028) & (USD Million)
    Figure 4. World GNSS Correction Service Market Size Market Share by Region (2017-2028)
    Figure 5. United States GNSS Correction Service Market Size (2017-2028) & (USD Million)
    Figure 6. China GNSS Correction Service Market Size (2017-2028) & (USD Million)
    Figure 7. Europe GNSS Correction Service Market Size (2017-2028) & (USD Million)
    Figure 8. Japan GNSS Correction Service Market Size (2017-2028) & (USD Million)
    Figure 9. South Korea GNSS Correction Service Market Size (2017-2028) & (USD Million)
    Figure 10. ASEAN GNSS Correction Service Market Size (2017-2028) & (USD Million)
    Figure 11. India GNSS Correction Service Market Size (2017-2028) & (USD Million)
    Figure 12. GNSS Correction Service Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. Producer Shipments of GNSS Correction Service by Player Revenue ($MM) and Market Share (%): 2021
    Figure 15. Global Four-firm Concentration Ratios (CR4) for GNSS Correction Service Markets in 2021
    Figure 16. Global Four-firm Concentration Ratios (CR8) for GNSS Correction Service Markets in 2021
    Figure 17. United States VS China: GNSS Correction Service Market Size Market Share Comparison (2017 & 2021 & 2028)
    Figure 18. World GNSS Correction Service Market Size by Type, (USD Million), 2017 & 2021 & 2028
    Figure 19. World GNSS Correction Service Market Size Market Share by Type in 2021
    Figure 20. PPP
    Figure 21. RTK
    Figure 22. RTK-PPP
    Figure 23. World GNSS Correction Service Market Size Market Share by Type (2017-2028)
    Figure 24. World GNSS Correction Service Market Size by Application, (USD Million), 2017 & 2021 & 2028
    Figure 25. World GNSS Correction Service Market Size Market Share by Application in 2021
    Figure 26. Agriculture
    Figure 27. Construction
    Figure 28. GIS and Mapping
    Figure 29. Marine
    Figure 30. Others
    Figure 31. World GNSS Correction Service Market Size Market Share by Application (2017-2028)
    Figure 32. Manufacturing Cost Structure Analysis of GNSS Correction Service in 2021
    Figure 33. Manufacturing Process Analysis of GNSS Correction Service
    Figure 34. GNSS Correction Service Industrial Chain
    Figure 35. Distribution Channel Breakdown for GNSS Correction Service Shipments (%): 2017-2028
    Figure 36. Direct Channel Pros & Cons
    Figure 37. Indirect Channel Pros & Cons
    Figure 38. Methodology
    Figure 39. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Hexagon
Fugro
Oceaneering International
Trimble
UniStrong
Topcon
U-blox
Septentrio NV

Product Tags

gnss correction service production demand producers

soil fertility

Image High Dynamic

Building Energy Modeling

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