GNSS Market Trends in Asia – GNSS.asia Report Must Read for GNSS Companies Looking To Do Business in Asia

GNSS Market Trends in Asia – GNSS.asia Report Must Read for GNSS Companies Looking To Do Business in Asia

 

GNSS.asia has recently published its first report on GNSS market trends and developments in the Asian market. The report is a must-read for GNSS companies doing business in Asian countries and is planning to do business in Asia.

GNSS.asia is funded by the European Union within the Horizon 2020 project of the European GNSS Agency (GSA).  The main aim of GNSS.asia to encourage the creation of a partnership between European and Asian GNSS companies/industries.

The report Market and Technology Trends Report provides key insights and ground reports on GNSS market trends and technological developments in Asia. The report also covers political policy changes that may have a major impact on GNSS market development. This report will be published on a quarterly basis.

Background

As per the report, since 2012, GNSS.asia is playing a vital role in connecting GNSS industries from Europe and Asia. Its objective is to maximise the adoption of Galileo and facilitate industrial cooperation between two regions for GNSS technological developments.

The booming economies of various Asian countries have a tremendous application of GNSS technologies. The availability of low-cost receivers has allowed the integration in budget-friendly handheld/mobile devices. Adding to this the increasing consumer base of handheld devices such as mobile phones and tablets has exposed GNSS technologies to all walks of life. 

The Asia-Pacific region is home to the highest coverage of GNSS constellations in the world. Its booming economies feature a rapidly growing consumer base and a large potential of GNSS- and space-enabled applications, accompanied by an increasing share of local R&D and technology innovations. Asia is nearly indispensable for companies and SMEs with ambitions to internationalise their GNSS-based product or service.

GNSS.asia

To harness the opportunities and expand the Galileo adoption GNSS.asia has setup a team. The team will help out to support GNSS ventures in Asian counties. The team has its members in countries such as Japan, South Korea, India, Taiwan and China to have an on the ground presence and keep the pulse of local GNSS market developments.

In 2018-2019 only, GNSS.asia supported 81 businesses, maintained a network of 28 GNSS institutions in Asia, welcomed over 4000 visitors at its events and facilitated 9 high-level meetings!

Key Take Away from Report

This comprehensive report on the GNSS market and technology trends is a source of knowledge and information on Asia’s diverse GNSS markets. The focus region of the report covers the market trends (upstream & downstream) in India, Taiwan, China, South Korea, Japan, and Australia.

GNSS-Companies-and-development-GNSS-Comapnies-report
The table outlines the areas in which developments have been seen and could form a
starting point for a launch into the respective markets, specifically for low-cost receivers
compatible with the regional constellations.
 
GNSS-Market-trends-GNSS-Comapnies-report-2
The table outlines the developments in downstream GNSS market segments, streamlined with the categorization of the European GNSS Agency: Consumer Solutions, Road Transportation and Automation, Manned Aviation, Drones, Emergency Response, Rail, Agriculture, Geomatics, and Critical infrastructure.
     
GNSS Market trends--GNSS Comapnies-report-3
In addition to the upstream developments and GNSS market segments, the above table shows macro technology trends that have a potential (indirect) impact as their application domain often requires location data.
 
GNSS Market -GNSS Comapnies-report- EU industry opportunities
The table provides a general overview of the potential EU industry opportunities in each segment, based on GNSS.asia’s analyses highlighted in this report as well as previous market studies.
 
Upstream
  • In India – the reorganization of the India space landscape with both the new regulatory body In-SPACE and the transfer of the operational aspects of the space program – satellite operations, rockets, and industry cooperation – to New Space India LTD being important to note for any organization aiming to collaborate with India. This development should stimulate cooperation with the private sector – providing an easy avenue for collaboration with the Space Commission and a more open space sector through regulatory rulings.
  • Companies in Japan are looking to take advantage of QZSS, but there is a major barrier to entry for companies due to the high price of the receivers. The uptake of the high accuracy system is being held back by this. This may open opportunities to European producers of lowcost receivers compatible with the QZSS augmentation signals.
  • The expansion of Taiwanese and South Korean domestic satellite supply chains is a key target for partnership opportunities. European expertise in the construction of satellite components such as GNSS receivers, computing systems, and other related components can be leveraged to provide support and training for Taiwanese and Korean companies.

 

Downstream
  • Australia – The improvements brought about by the development of the new Australia-New Zealand SBAS will provide an entirely new set of downstream applications across all segments. This provides an opportunity for both countries to benefit from the introduction of mature European products and services in segments such as agriculture, and it provides a new marketplace for European companies specializing in these areas.
  • Japan – Mandatory introduction of a vehicle emergency call function that is compatible with the European e-Call opens up the market to companies from Europe
  • India and China – Smart-rail systems using GNSS are seen in both India and China, with experimental projects and applications in Japan. These advancements could provide an opportunity for European system integrators who have a competitive position on the global market.
  • South Korea – national standards can be seen in the upcoming international adoption of South Korea’s standardization proposal on ‘Low Altitude Drone Communication Protocol’.
  • Thailand – In Thailand drone standards are shifting towards international standards. This change will allow businesses in the future to launch drones and drone-related components into the market without creating an entirely different product, reducing the barrier to entry.
  • Taiwan – Updated drone use regulations, in particular the required inspections as well as the development of UTM-solutions, which will have an impact on any international companies looking to launch drone-based services in the region. The European industry, which is leading in drone services and drone traffic management, should continue to closely monitor the developments in Thailand, South Korea, and Taiwan.
     

Why India is Emerging as Potential GNSS Market?

India has emerged as the fastest-growing major economy in the world with a GDP growth of 12 percent in 2019-20. Indian economy is home to the third-largest start-up hub in the world with over 9,000 start-ups. India’s huge population, with a large user base of smartphone and internet accessibility, creates a vast potential for GNSS applications. India surely has a GNSS market for all companies willing to expand their presence and tap the world’s third-largest economy.

In the past few years, India has seen many regulatory changes and a reorganization of the Indian Space Research Organisation (ISRO). The Indian National Space Program and Authorisation Centre (In-SPACE) is a newly formed regulatory body for both the space agency and private firms.

In-SPACE will assess the needs and demands of private players, including educational and research institutions, and, explore ways to accommodate these requirements in consultation with ISRO.

Alongside this, ISRO will be focused primarily on new technologies, human spaceflight, and deep space missions, with New Space India LTD being the commercial arm which is taking over the operational aspects including satellites, rockets, and engagement with industry for new applications and infrastructure

 
GNNS Market  in India for GNSS Companies
The table shows key market and macro technology trends

 

The report has detailed coverage of GNSS Market Trends in India, Taiwan, China, South Korea, Japan, and Australia.

It is packed with key insights from GNSS.asia teams. The report will be provided on a quarterly basis. It is a must-read for companies looking to expand into Asian markets or to cooperate with Asian companies and institutions.

If you are looking for industry support, register on www.gnss.asia.

Or may write to GNSS.asia team at hello@gnss.asia

 

Click to Download Full Report

 

Source – European GNSS Agency (GSA)

 

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