Experts previously told cnbc that beidou will help china s military stay.
Beidou navigation satellite system vs gps.
And if beidou proves more accurate it.
Government owned global positioning system gps which is widely used across the world.
It has many systems of satellites aimed at serving various purposes.
But the satellite navigation market is also a lucrative one.
Beidou satellites were the most frequently observed in more than 100 of the 137 countries that have signed on.
On tuesday china launched the final satellite it needed to establish its very own satellite navigation network to rival the u s made global positioning system gps.
It consists of two separate satellite constellations the first beidou system officially called the beidou satellite navigation experimental system and also known as beidou.
The beidou 1 is a cluster of 3 satellites targeted to provide position and navigation capabilities within china and neighbouring countries albeit it is severely limited.
The most notable of those systems is galileo.
The launch of the final satellite on tuesday marks the completion of china s 30 satellite network named beidou navigation satellite system bds which now gives china a global constellation of navigation satellites.
As of september 2020 update the united states global positioning system gps russia s global navigation satellite system glonass china s beidou navigation satellite system bds 1 and the european union s galileo 2 are fully operational gnsss.
Běidǒu wèixīng dǎoháng xìtǒng pe ito u we iɕi ŋ ta uxa ŋ ɕi tʰʊ ŋ is a chinese satellite navigation system.
Beidou is a rival to the u s.
Other satellite navigation systems.
A satellite navigation system with global coverage may be termed a global navigation satellite system gnss.
Grand view research estimates that by 2025 gps market size will be worth almost 150 billion.
Apart from beidou there are few other satellite navigation systems currently under construction or already functioning.
Beidou or beidou navigation satellite system is a chinese satellite navigation system and is not much different to gps and glonass.
However according to an article on the chinese journal of aeronautics the bds can achieve an accuracy of better than 1 cm in horizontal and 3 cm in vertical which according to the current standards is far better than the global positioning system gps.