Beidou System Takes a Solid Step Again

On February 2nd, at 15:29 yesterday, China successfully launched the fifth-generation new BeiDou navigation satellite at the Xichang Satellite Launch Center with the Long March III carrier rocket. This is the fifth new generation of Beidou launched by China so far. The navigation satellite, which is also the 21st Beidou navigation satellite, marks a solid step in the global deployment of the Beidou system.

industry analysis

China's satellite navigation market has a huge space. The promotion of Beidou navigation is mainly based on the application of ** and industrial fields. The public consumption field may enhance the service accuracy and breadth through the system and the ground-based enhancement system, and the products can be used in multi-mode. In the "One Road, One Belt" national strategy, Beidou Navigation System will also become an important information link for linking regions and countries. Beidou's promotion and application will both domestically and abroad.

In 2013, the total output value of China's satellite navigation system industry exceeded 104 billion yuan. The medium and long-term development plan for the satellite navigation industry released in 13 years suggests that the scale of the satellite navigation industry will exceed 400 billion in 2020. According to the previous plan, the BeiDou satellite system will start launching global positioning satellites in 2015, and BeiDou Navigation will become a true global satellite positioning system in 2020. At present, the Beidou industry is only about 10 billion yuan, and the scale is still small. According to the long-term development plan of the satellite navigation industry, the Beidou navigation system and its compatible products will be widely used by 2020, and the contribution rate to the domestic satellite navigation application market will reach 60%. The important application areas are over 80%, which means that the scale of the Beidou industry will reach 240 billion yuan.