Frequently Asked Questions
What value is the market expected to touch by 2027?
Based on our research, the beidou navigation satellite system chips market is expected to reach 2,744.7 million by 2027.
What CAGR is the market expected to exhibit by 2027?
The market is expected to exhibit a CAGR of 32.0% during the forecast period.
Which are the driving factors of the market?
Robust demand for the navigation system from the defense sector and its rising adoption of smartphones are the driving factors of this market.
Which are the top companies operating in the market?
Unicorecomm, Wintec, Techtotop, Ublox, RunXin Information Technology, Huatek, Hwa Create, and Raco are the top companies operating in the market.