2017 GNSS Market Report looks at latest trends shaping road transportation
First publishedon www.ITSInternational.com
The fifth edition of the European GNSS Agency’s (GSA) 2017 GNSS Market Report offers a comprehensive look at the global GNSS market, providing an analysis per market segment (location-based services (LBS), road transportation, aviation, maritime, rail, agriculture, surveying and timing and synchronisation), region and application type, including information on shipments, revenues and installed device base.
In the road sector, according to the report, European GNSS, including Galileo and EGNOS, significantly reduces congestion and CO2 pollution. It also improves the efficiency of road transportation by providing navigation guidance, fleet management and traffic monitoring.
It also indicates that the continued evolution of autonomous vehicles represents a huge opportunity for European GNSS. Along with other technologies, GNSS provides the answer to these vehicles’ need for accurate positioning and reliable localisation.
Other key trends identified by the Market Report include EU legislation, including the eCall initiative, which is expected to boost shipments of GNSS devices, while the emergence of the Mobility as a Service concept will bring with it new business models and opportunities.