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Satellite Navigation And Location Services Industry White Paper: Beidou Navigation Market 20%
Feb 15, 2017

Xinhua News Agency reported on July 21, China Satellite Navigation and Orientation Association released the 2015 "China Satellite Navigation and Location Services Industry Development White Paper." White Paper shows that in 2015 China's satellite navigation and location services industry is developing rapidly, especially the Beidou system has a good market prospects. The industry is expected to grow rapidly in the future.

China Satellite Navigation and Location Association in July 20 released in Beijing, "China Satellite Navigation and Location Services Industry Development White Paper" shows that in 2015 China's satellite navigation and location services industry to maintain rapid development, the overall output value reached 173.5 billion yuan, compared with 2014 An increase of 29.2%. Which accounted for further increase in the proportion of Beidou, the market contribution rate of nearly 20%.