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Worldwide Mid-and High-Level Precision GPS Receiver Industry to 2026 - Featuring Trimble, Hexagon and Topcon Corporation Among Others

Share this article Share this article ResearchAndMarkets.com s offering. The Global Mid-and High-Level Precision GPS Receiver Market size is expected to reach $3.7 billion by 2026, rising at a market growth of 11.1% CAGR during the forecast period. A GPS receiver includes a low-noise analog frontend for filtering, amplifying, & down-converting the antenna signal. Additionally, it also includes an analog-to-digital converter (ADC) for digitalizing the quadrature IF signal & an extremely corresponding digital signal processor embedded in an ASIC with a long-established processor core. The prime component of the architecture is the custom digital signal processor, working on tens of independent signal paths (channels) in correspondence. Every channel utilizes a digital correlator to identify, monitor, & correlate a PRN sequence in the transmitted data with the predictable PRN signal, changed, & scaled in time.

The Worldwide Mid-and High-Level Precision GPS Receiver Industry is Expected to Reach $4 Billion by 2026

Share this article Share this article ResearchAndMarkets.com s offering. The global mid-and high-level precision GPS receiver market size is expected to grow from USD 2.7 billion in 2021 to USD 4.0 billion by 2026, at a CAGR of 8.6%. The growth of this market is mainly driven by ongoing developments to improve overall GPS infrastructure, increasing adoption of GPS receivers in construction industry, rising technological advancements and GPS augmentation systems, and growing availability of more cost-effective GPS solutions. However, factors such as slow market acceptance for new technologies, heavy reliance on availability of satellites, and decreasing demand of GPS receiver due to novel COVID-19 are restraining the market growth.

Mid-and High-level Precision GPS Receiver Market worth $4 0 billion by 2026

Mid-and High-level Precision GPS Receiver Market worth $4 0 billion by 2026
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Insights on the Mid and High Level Precision GPS Global Market to 2027 - Featuring Geneq, Hexagon and Septentrio Among Others

Insights on the Mid and High Level Precision GPS Global Market to 2027 - Featuring Geneq, Hexagon and Septentrio Among Others
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