BDS Applications Prepared to Unleash Huge Market Potential



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A carrier rocket carrying the latest BeiDou Satellite Navigation System (BDS) satellite lifts off from the Xichang Satellite Launch Center in southwest China's Sichuan Province on June 23, 2020. (Xinhua / Jiang Hongjing)

A carrier rocket carrying the latest BeiDou Satellite Navigation System (BDS) satellite lifts off from the Xichang Satellite Launch Center in southwest China’s Sichuan Province on June 23, 2020. (Xinhua / Jiang Hongjing)

With the help of high-precision millimeter-level technology from China’s BeiDou satellite navigation system (BDS), an early warning and monitoring system for geological disasters can help minimize loss of life and property when landslides occur. land.

This is just one of a host of BDS applications that were showcased at the 11th China Satellite Navigation Conference held in the city of Chengdu, southwest China, this week.

The conference was the first significant event for exchanges on satellite navigation organized by China after the commissioning of the BDS-3 system on July 31, 2020. The BDS-3 system is the first space infrastructure that the country has provided for the global public service.

At the conference, more than 100 companies showcased BDS-based products and services, covering a wide range of areas including surveying and mapping, navigation, 5G, Internet of things, autonomous driving, and disaster relief and reduction.

“While injecting momentum into traditional industries, BDS is also accelerating its synergy with new technologies such as blockchain, Internet of Things and artificial intelligence, driving deep innovation and transformation,” said Ran Chengqi, Director of the Bureau of Navigation China Satellite. who estimated that the BDS related industry will grow into a trillion yuan market in the future.

According to a report released by the bureau at the conference, the total production value of China’s satellite navigation and location services industry has increased by more than 20 percent annually over the past 10 years, reaching 345 billion yuan (52.5 billion US dollars) in 2019. It is expected to exceed 400 billion yuan this year.

BDS applications in emerging industries such as unmanned aerial vehicles (UAVs), outdoor robots and autonomous driving can bring exponential growth to the BDS-related industry, said Zhou Ruxin, president of Beijing BDStar Navigation Co., Ltd.

On Monday, Beijing-based Unicore Communications, Inc. launched a new-generation high-precision positioning chip that supports BDS-3 and can meet the needs of high-end applications such as autonomous driving and UAVs. It is considered the most advanced positioning chip that China has developed to date and is among the most advanced in the world.

BDS technologies have already been used in some Wing Loong: UAV models developed in China. “UAVs are products that rely heavily on the support of external systems like BDS to fully function,” said Wing Loong chief designer Li Yidong, who envisions larger application scenarios for BDS-assisted Wing Loong UAVs.

Yang Changfeng, chief designer of BDS, said that the satellite navigation system underpins economic foundations and stimulates emerging technologies.

“Never before has BDS penetrated all corners of life and all social settings as it does today,” Yang said, comparing it to vital elements such as water and air.

Products related to BDS have been exported to more than 120 countries and regions so far. BDS-based solutions for land ownership confirmation, precision agriculture, digital construction, vehicle and ship monitoring, and smart ports have been successfully applied in various regions of Asia, Europe and Africa.

BDS is one of the four global satellite navigation systems in the world, along with GPS from the United States, Galileo from the European Union, and GLONASS from Russia.

China has been actively encouraging cooperation and exchanges between the BDS system and other navigation systems. BDS and GLONASS are compatible, and BDS and GPS are compatible and interoperable.




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