| Product Code: ETC5616975 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import trend of the Benin GNSS chip market in Benin from 2020 to 2024 witnessed a significant decline. The Compound Annual Growth Rate (CAGR) for the period 2020-2024 was -37.71%. Particularly in 2023-2024, there was a steep year-on-year decline of -89.66%, indicating a substantial decrease in imports during that specific year.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Benin GNSS Chip Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin GNSS Chip Market Revenues & Volume, 2022 & 2032F |
3.3 Benin GNSS Chip Market - Industry Life Cycle |
3.4 Benin GNSS Chip Market - Porter's Five Forces |
3.5 Benin GNSS Chip Market Revenues & Volume Share, By Device, 2022 & 2032F |
3.6 Benin GNSS Chip Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Benin GNSS Chip Market Revenues & Volume Share, By Vertical, 2022 & 2032F |
4 Benin GNSS Chip Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for accurate location-based services in various industries such as agriculture, transportation, and telecommunications. |
4.2.2 Government initiatives to improve infrastructure and promote the adoption of GNSS technology in Benin. |
4.2.3 Growing investments in research and development to enhance GNSS chip technology and capabilities. |
4.3 Market Restraints |
4.3.1 High initial costs associated with implementing GNSS technology, including the purchase of GNSS chips and related infrastructure. |
4.3.2 Limited awareness and understanding of GNSS technology among potential users and decision-makers in Benin. |
4.3.3 Potential challenges related to regulatory frameworks and policies impacting the adoption of GNSS technology in the market. |
5 Benin GNSS Chip Market Trends |
6 Benin GNSS Chip Market Segmentations |
6.1 Benin GNSS Chip Market, By Device |
6.1.1 Overview and Analysis |
6.1.2 Benin GNSS Chip Market Revenues & Volume, By Smartphones, 2022-2032F |
6.1.3 Benin GNSS Chip Market Revenues & Volume, By Tablets, 2022-2032F |
6.1.4 Benin GNSS Chip Market Revenues & Volume, By Personal Navigation Devices, 2022-2032F |
6.1.5 Benin GNSS Chip Market Revenues & Volume, By In-Vehicle systems, 2022-2032F |
6.1.6 Benin GNSS Chip Market Revenues & Volume, By Others, 2022-2032F |
6.2 Benin GNSS Chip Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Benin GNSS Chip Market Revenues & Volume, By Navigation, 2022-2032F |
6.2.3 Benin GNSS Chip Market Revenues & Volume, By Mapping, 2022-2032F |
6.2.4 Benin GNSS Chip Market Revenues & Volume, By Surveying, 2022-2032F |
6.2.5 Benin GNSS Chip Market Revenues & Volume, By Location-Based Services, 2022-2032F |
6.2.6 Benin GNSS Chip Market Revenues & Volume, By Telematics, 2022-2032F |
6.2.7 Benin GNSS Chip Market Revenues & Volume, By Timing and Synchronization, 2022-2032F |
6.3 Benin GNSS Chip Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Benin GNSS Chip Market Revenues & Volume, By Consumer Electronics, 2022-2032F |
6.3.3 Benin GNSS Chip Market Revenues & Volume, By Construction, 2022-2032F |
6.3.4 Benin GNSS Chip Market Revenues & Volume, By Agriculture, 2022-2032F |
6.3.5 Benin GNSS Chip Market Revenues & Volume, By Automotive, 2022-2032F |
6.3.6 Benin GNSS Chip Market Revenues & Volume, By Military & Defense, 2022-2032F |
6.3.7 Benin GNSS Chip Market Revenues & Volume, By Marine, 2022-2032F |
7 Benin GNSS Chip Market Import-Export Trade Statistics |
7.1 Benin GNSS Chip Market Export to Major Countries |
7.2 Benin GNSS Chip Market Imports from Major Countries |
8 Benin GNSS Chip Market Key Performance Indicators |
8.1 Average signal acquisition time for GNSS chips in Benin. |
8.2 Percentage increase in the number of GNSS-enabled devices in the market. |
8.3 Rate of adoption of GNSS technology in key industries in Benin. |
9 Benin GNSS Chip Market - Opportunity Assessment |
9.1 Benin GNSS Chip Market Opportunity Assessment, By Device, 2022 & 2032F |
9.2 Benin GNSS Chip Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Benin GNSS Chip Market Opportunity Assessment, By Vertical, 2022 & 2032F |
10 Benin GNSS Chip Market - Competitive Landscape |
10.1 Benin GNSS Chip Market Revenue Share, By Companies, 2025 |
10.2 Benin GNSS Chip Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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