China’s Satellite Navigation Industry Sees Significant Growth

Date:

China’s satellite navigation industry has experienced a remarkable 7.39% year-on-year growth in 2024, with its total output value reaching approximately $79.9 billion. This growth is largely attributed to the success of the BeiDou Navigation Satellite System (BDS), which has become a cornerstone of China’s technological advancements.

### Key Highlights of BDS Achievements

– *High-Precision Navigation*: 

BDS has achieved high-precision lane-level navigation, covering over 99% of urban and rural roads across China.

– *Global Reach*: 

The system provides over 1 trillion location services daily and supports a total daily navigation mileage of over 4 billion kilometers.

– *International Integration*: 

BDS has been integrated into the technical standards of 11 major international organizations, including civil aviation, maritime affairs, and mobile telecommunications.

– *Exported to 140 Countries*: 

BDS products and services have been exported to over 140 countries and regions, with more than 30 African countries establishing BeiDou Continuously Operating Reference Stations (CORS).

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### Impact on Various Industries

– *Intelligent Transportation*: BDS enables road tests for intelligent connected vehicles and ensures the application of intelligent assisted driving in over 50 cities nationwide.

– *Economic Growth*: 

The satellite navigation industry’s growth is expected to continue, driven by increasing demand for location-based services and technological advancements.

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### Comparison with Other 

Satellite Navigation Systems

– *Global Navigation Satellite Systems (GNSS)*: BDS is one of the four major GNSS systems in the world, alongside GPS (US), GLONASS (Russia), and Galileo (EU).

– *Accuracy*: 

BDS has achieved millimeter-level accuracy with post-processing, making it a competitive player in the global satellite navigation market .

### Future Prospects

– *Continued Expansion*: China’s satellite navigation industry is expected to continue its growth trajectory, driven by advancements in technology and increasing demand for location-based services.

– *Global Cooperation*: 

The success of BDS is likely to foster greater international cooperation and competition in the satellite navigation sector ³.

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