Research and Markets: Auto and telecom market is driving the Satellite Navigation market in China, finds Netscribes

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/a19424/satellite_navigati) has announced the addition of the "Satellite Navigation Market in China 2011" report to their offering.

Netscribes (India) Pvt. Ltd., launches Satellite Navigation Market in China 2011 report covering a market with strong growth potential. It is a part of Netscribes Information Technology Series reports.

Mumbai, India Oct 3, 2011 Netscribes (India) Pvt. Ltd., a knowledge consulting solutions company, announces the launch of its report Satellite Navigation Market in China 2011. The increase in demand for navigation services from a wide spectrum of consumer segments such as automobile and telecom industry is expected to drive the market.

The report begins with a snapshot about the global scenario in the satellite navigation market. The section outlines the global satellite navigation systems such as Global Positioning System, GLONASS, Galileo and COMPASS developed by the U.S., Russia, European Union and China.

It also provides the global market size and growth from 2005 to 2013e along with the sectors generating demand for the forecasted period 2013, when the global market is expected to be worth USD 239 bn. This is followed by an overview of the satellite navigation industry in China indicating its historical market size (2009) and forecasted market size (2015e and 2020e), growth (2009-2020e) and the industries which are the key application areas, such as, aviation, communication, transport. The report also provides a value chain of the industry that involves the operators, service providers and chip providers that complete the satellite navigation market.

An analysis of the factors driving the demand for satellite navigation products explains that the growing automotive industry, growing telecommunication industry, entry of mapping portals, government regulation are increasing the market size of the industry. The cumulative effect caused by these factors is expected to generate strong demand for the satellite navigation products and services.

Read more inside Satellite Navigation Market in China 2011

For more information visit http://www.researchandmarkets.com/research/a19424/satellite_navigati

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INDUSTRY KEYWORDS:   Technology  Satellite

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