What is Real-time Kinematic(RTK) Machine Market Scope?
RTK stands for real-time Kinematic and is a technique that uses carrier-based travel and provides ranges (and so positions) that are orders of magnitude more precise than those obtainable through code-based positioning. RTK techniques are difficult and complicated. The basic construct is to cut back and take away errors common to a base station and rover pair. RTK will also support emerging technologies that depend on high-level location accuracy, for example, delivery drones and customer-approved location data for first responders during emergencies.
The Real-time Kinematic(RTK) Machine market study is being classified by Type (Mobile and Fixed), by Application (Agriculture, Industrial and Business) and major geographies with country level break-up.
Real-Time Kinematic is a technique used to increase the accuracy of GNSS positions using a fixed base station, that wirelessly sends out correctional data to a moving receiver. It has applications in land survey, hydrographic survey, and unmanned aerial vehicle navigation. The increasing application and the adoption of the RTK system are expected to increase the market. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Real-time Kinematic(RTK) Machine market throughout the predicted period.
Newholland (Italy), John Deere (United States), Trimble Agriculture (United States), Smaxtec (Austria), Agro Tronix (United States), Spagnol (France), Caseih (United States), Stara (Brazil), Verizon (United States) and Topcon (Japan) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Real-time Kinematic(RTK) Machine market by Type, Application and Region.
On the basis of geography, the market of Real-time Kinematic(RTK) Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 10th May 2020, Verizon launched the Hyper Precise Location using Real-Time Kinematics (RTK), hyper-precise location technology that provides location accuracy within one to two centimeters, on the Verizon network. Verizon has built and deployed RTK reference stations nationwide in order to provide pinpoint-level accuracy to RTK compatible IoT devices. and On 23rd October 2020, OPPO has launched a self-developed industry-leading high-precision positioning algorithm that will enable the mobile phone navigation system to provide accurate location within a one-meter radius
Influencing Market Trend
- Increasing Adoption for Land Survey, Hydrographic Survey
- Increasing Number of Applications
- Increasing Demand from The Industrial and Business Sector
- Innovation In the Technology of the Machine
- High Cost of Maintenance
- High Cost of The Machine
Key Target AudienceManufacturers of Real-Time Kinematic, Suppliers and distributors of Real-Time Kinematic, Governmental and Regulatory bodies and End-Users
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Frequently Asked Questions (FAQ):
1. At what growth rate would the Real-time Kinematic(RTK) Machine market expands?
The Global Real-time Kinematic(RTK) Machine market is expected to see a growth of % during projected year 2019 to 2026.
2. Who are the prominent players of the Global Real-time Kinematic(RTK) Machine market?
The prominent players of Global Real-time Kinematic(RTK) Machine market are Newholland (Italy), John Deere (United States), Trimble Agriculture (United States), Smaxtec (Austria), Agro Tronix (United States), Spagnol (France), Caseih (United States), Stara (Brazil), Verizon (United States) and Topcon (Japan), to name a few.
3. What are the top priorities to focus for Real-time Kinematic(RTK) Machine marketís growth?
In this highly competitive & fast evolving Real-time Kinematic(RTK) Machine industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.