Core Insights - The Beidou-3 global satellite navigation system was officially launched on July 31, 2020, marking a significant achievement in China's strategic development of satellite navigation technology [1] - Over the past five years, the Beidou system has enhanced its service capabilities and expanded its application scenarios, becoming an integral part of daily life in various sectors such as agriculture, autonomous driving, and smart ports [1][2] Public Applications - In Zhuzhou, Hunan, citizens can use a mobile app to dynamically book buses based on real-time demand, showcasing the Beidou system's role in optimizing public transport [2] - The daily call volume for Beidou positioning services in domestic electronic navigation maps is projected to reach 600 billion times in 2024, indicating widespread adoption [3] - Approximately 98% of smartphones shipped in 2024 will support Beidou positioning, solidifying its status as a standard feature in smart devices [3] Industry Applications - The Beidou system is being integrated into various industries, including robotics, agriculture, and construction, enhancing operational efficiency and precision [4][5] - In agriculture, Beidou technology has improved planting precision to within 2 centimeters, significantly benefiting crop management [5] - The total number of Beidou terminal devices in major industries reached nearly 30 million units by the end of last year, with an application penetration rate exceeding 85% [5] Industry Development - The satellite navigation and positioning service industry in China is projected to reach a market value of 575.8 billion yuan in 2024, with a core output related to satellite navigation technology reaching 169.9 billion yuan, reflecting a year-on-year growth of 5.46% [6] - The number of satellite navigation patent applications in China has surpassed 129,000, marking a 4.8% increase year-on-year [6] - The integration of Beidou with emerging technologies like 5G and AI is fostering new applications such as unmanned farms and digital construction sites, supporting the digital economy [7]