The global GNSS Chip Market sector is expanding rapidly, fuelled by increased demand from the semiconductor and electronics industries. As of 2022, the market’s projected worth was an astounding US$ 5.2 billion, with estimates predicting a significant growth to US$ 9.7 billion in 2032. This amazing growth is largely due to the expanding prospects given …
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Global GNSS Chip Industry to Reach US$ 9.7 Billion by 2032, Driven by High Demand in Semiconductor and Electronics Industry
The global navigation satellite system GNSS Chip Industry is experiencing robust growth, fueled by its high demand within the semiconductor and electronics industry. As of 2022, the market’s estimated worth stood at an impressive US$ 5.2 billion, with projections indicating a substantial increase to reach a valuation of US$ 9.7 billion by 2032. This phenomenal expansion is …