Jan. 14, 2013
Global Navigation Satellite System
(GNSS), which started purely as a military application, has now
widened to include all possible users - government agencies,
industries, and even individuals. Frost & Sullivan analysis
forecasts increasing prominence of Position, Navigation and
Timing (PNT) data derived from Global Navigation Satellite
System (GNSS) and associated Value Added Services (VAS) in the
next 10 to 20 years.
As US and European stakeholders
continue to demonstrate growing interests in the region in
collaboration with regional systems/service providers, APAC will
continue to represent as the fastest growing region through
2021, as forecasted in a recent Frost & Sullivan Market Insight
entitled: "Global Navigation Satellite System Market Assessment
- In Pursuit of New Business Opportunities."
Frost & Sullivan forecast shows that
the APAC market is anticipated to more than double in 10 years,
from EUR22.10 billion in 2012 to
EUR56.07 in 2021, with one of the
fastest growth rates among regions at 10.9 per cent. The
European market value is estimated to grow from
EUR16.90 billion in 2012 to
EUR28.54 billion in 2021.
"The GNSS, with its current standing
in terms of accuracy and reliability of service, is ready for
providing non-safety of life (Non-SOL) applications to include
Road Services and Location-based Services, among others," notes
Frost & Sullivan Analyst for Aerospace, Defence & Security,
Sabbir Ahmed .
GNSS has the potential to serve every
corner of the world with seamless connectivity as Global
Positioning System (GPS) has served both military and commercial
markets since 1973. The ongoing transformation includes 32 new
satellites and the fourth civil signal (L1C) with the BlockIII
launches, as well as new ground control systems.
"Much of the present weaknesses in PNT
market space are expected to be fully mitigated through
multi-GNSS approach, but that means industry will have to wait
until at least 2020 to reach full potential," explains Ahmed.
"However, highly regulated Safety-of-Life (SOL), Publicly
Regulated Service(PRS), and Search-And-Rescue (SAR)
applications are anticipated to come to maturity by 2015."
GLONASS has also recently started to
play an important role; however, despite being global in nature,
with 24 satellites, its services have been limited to its own
territory and part of
Europe.
With four satellites already in orbit,
the European GALILEO project is very promising. By the end of
2014 it is expected to be partially operational and with this,
GPS would no longer be the sole player in global Position,
Navigation, Velocity and Timing (PNVT) market space.
As of now, GPS and GLONASS are already
interoperable, and GALILEO is designed to be compatible with
GPS. Additionally, the Chinese COMPASS/BeiDou already has the 16th
satellite in orbit and global services are expected with full
constellation by 2020. This product is set to bring competition
in the market, particularly in the APAC region.
The aviation sector has also
transformed in position, navigation, approach and landing, and
CNS/ATM to include GNSS. It shows these products are already
being accepted, with significant intake expected by 2021.
"Frost & Sullivan recommends focusing
on specific application segments where technology is already
matured in the short term (2012-2014)," concludes
Sabbir Ahmed . "However, the
development of innovative products/applications with resilient
features and guaranteed service will resist competition from
cheap product manufacturers."
In the long term (2015-2021), industry
focus should be on SOL applications for Aviation, as well as PRS
for first responders/government agencies. Businesses should work
closely with government stakeholders to understand requirements,
and contribute to formulating policies towards creating demands
in the target market.
