China's Beidou navigation industry usher in an outbreak period, and the market scale exceeds 2 trillion in 2 years.


China's Beidou navigation industry usher in an outbreak period, and the market scale exceeds 2 trillion in 2 years.

According to China Securities Daily on November 6, the reporter learned from the 13th General Conference of the United Nations International Committee on Global Satellite Navigation Systems (ICGNSS) in Xi'an that in 2018, Beidou system entered a period of intensive launching of global networking. At present, 17 Beidou three network satellites have been successfully launched, and two networking satellites will be launched by the end of the year, and will be built into the basic system to serve the countries and regions along the "one belt and one road".

The White Paper on the Development of China's Satellite Navigation and Location Services Industry in 2018 predicts that Beidou's application in major market segments such as transportation, precision agriculture, urban comprehensive security and smart city construction is expected to exceed 2 trillion yuan by 2020.

Entering the global network intensive launch phase

According to the plan, the Beidou system will open services to all countries and regions along the belt by the end of this year. The service scope will cover the whole world in 2020, and a more extensive, more integrated and intelligent integrated space-time system will be built before 2035.

In November 1st, forty-first Beidou navigation satellites were successfully launched in China. This satellite belongs to geostationary orbit satellite. It is the 17th networking satellite of Beidou 3 system in China and the first geostationary orbit satellite of Beidou 3 system.

In 2018, the Beidou system entered the global network intensive launch phase. At present, 17 Beidou-3 networking satellites have been successfully launched, and two networking satellites will be launched before the end of the year to complete the basic system. In addition, China is embarking on the construction of a national PNT system with Beidou system as its core, and is conducting research on the technology and integration of positioning and navigation timing in deep space, underwater, indoor and other fields.

Yang Changfeng, chief designer of Beidou satellite navigation system, introduces that there are two key nodes in the Beidou global system construction. One is to launch another two Beidou three earth orbit satellite before the end of 2018, to complete the basic system construction and to serve the "one belt and one road" country; two is to build a global network at the end of 2020. Global users provide services.

Market size or over 2 trillion in 2020

According to the white paper, the total output value of China's satellite navigation and location service industry reached 255 billion yuan in 2017, an increase of 20.4% over the same period of last year. Among them, the core output value of chips, devices and other industries directly related to satellite navigation technology accounted for 35.4%, reaching 90.2 billion yuan, and the contribution rate of Beidou to the core output value of industry reached 80%. It is expected that by 2020, Beidou will be used in transportation, precision agriculture, urban comprehensive security and smart city construction and other major market segments with a scale of more than 2 trillion yuan.

Changjiang Securities Research Report believes that the Beidou national defense and high-precision application of the two major application markets. The national defense market is benefiting from the landing of military reform, and is expected to achieve two-wheel drive of stock replacement and increasing demand. Civil high-precision applications are entering an explosive period. With the development of Beidou's high precision application in surveying and mapping, construction, industrial agriculture, public safety facilities and other fields, there is a broad demand for Beidou's high precision in the industrial application field.

Li Donghang, director of consultation center of China Satellite Navigation and Positioning Association, introduced that the collection of key information of underground pipelines through Beidou Precision Space-time Service has just formed the need of industry construction, and Beidou Precision Application led by Smart Gas is gradually forming industry standards.

Domestic listed companies related to satellite navigation and Beidou application have developed rapidly, the industry chain is becoming more and more perfect, and the industry scale continues to expand. As of 2018, the total number of satellite navigation and Beidou application related listed companies (including new three boards) was nearly 60. In the first half of 2018, according to the operating conditions of listed companies, the main companies in Beidou industry realized 5.506 billion yuan in revenue, an increase of 29.07% over the previous year, and a net return of 554 million yuan, an increase of 71.94% over the previous year.


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