The Fast Growing BDS Applications Industry

In 2021, the total output value of China's satellite navigation and location-based service industry reached RMB470 billion.

In terms of product manufacturing, breakthroughs have been made in a series of key BDS technologies such as chips and modules, which has effectively driven up the shipment volume. By the end of 2021, there were more than 1 billion terminals using the BDS positioning function nationwide.

In terms of its applications, BDS has been widely applied to various industries and sectors, generating significant socioeconomic benefits. As of the end of 2021, BDS had been installed in more than 7.8 million road transport vehicles nationwide. Approximately 8,000 BDS terminals were in use on the country's railway network, and more than 100,000 agricultural machines were equipped with self-driving systems based on BDS. BDS-based services in health care, epidemic prevention, remote monitoring and online services sectors were worth almost RMB200 billion.