Taipei, Taiwan: The Asian-Pacific (APAC) region is currently the largest producer of navigation chipsets, accounting for 34 per cent of global shipments. According to Justyna Redelkiewicz Musial, a market development project officer at the European GNSS Agency, the figure is considerably higher than the 25 per cent from Europe and the 28 per cent from North America.
At a workshop in Taipei to promote EU-Taiwan industrial partnership in the GNSS downstream sector, Musial said Taiwan was well-poised to work with the European Union in this field.
Musial said global shipments of navigation integrated chipsets were forecast to increase by 21.7 per cent in the Asia-Pacific region by 2017, while global shipments of GNSS-enabled devices are likely to exceed 1 billion units by 2020.
To tap into the growing market, the EU and Taiwan should work together in areas such as research and development, application know-how and multi-constellation hardware development, she suggested.
The workshop was hosted by the European Chamber of Commerce Taipei (ECCT), which invited industry experts from Europe and Taiwan to share information on global GNSS applications trends and practices.
Source: FOCUS TAIWAN