Base Year
Historical Year
Forecast Year
The global navigation satellite system (GNSS) market reached a value of about USD 175.2 billion in 2021. The market is further estimated to grow at a CAGR of 9.30% in the forecast period of 2024-2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on the application, the surveying segment is supporting the market growth of global navigation satellite system (GNSS). The extensive use of GNSS by land surveyors and the ability of advanced satellites to provide 24-hour services are leading to the expansion of the market globally. The system can operate in different environments and provides centimetre-level accurate information about the Earth’s surface locations using satellite signals. The use of GNSS helps expand the project size as it allows to conduct surveys across large tracts of land. In addition, the rising inclination of surveyors towards global navigation satellite systems due to their cost-effectiveness as they require less labour to complete large-scale projects is accelerating the market development. Further, the increasing use of unmanned or autonomous vehicles to carry out search or rescue operations is likely to aid the global navigation satellite system (GNSS) market growth over the forecast period.
Region-wise, North America accounts for a significant share of the market due to the early adoption of advanced technology in the region. Meanwhile, the Asia Pacific is expected to witness a healthy growth during the forecast period due to factors like the increasing investments in the development of 5G technology, growing penetration of smart devices, and increasing use of autonomous vehicles in countries like India and China.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The global navigation satellite system (GNSS) is a satellite constellation that orbits the Earth to transmit valuable data to GNSS receivers. The system is used for positioning, navigation or for satellite tracking. It plays a crucial role in applications ranging from communication systems to mobile navigation including Google Maps. Examples of GNSS include the USA's NAVSTAR Global Positioning System (GPS), Europe's Galileo, Russia's GLONASS, and China's BeiDou Navigation Satellite System.
The global navigation satellite system (GNSS) market, by type, is divided into:
Based on application, the market is segmented into:
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The regional markets for navigation satellite system (GNSS) can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The increasing use of global navigation satellite system as a standard navigation system that offers global positioning for smartphones and road vehicles, among others, is leading to the market expansion. With the advancements in information and mobile phone technology, there has been a dramatic growth in the number of applications that use PVT (Position, Velocity and Time) services offered by space-based navigation systems. The use of GNSS in smart agriculture and smart high-speed rail in countries such as China is bolstering the market growth. The COVID-19 pandemic has also aided the global navigation satellite system (GNSS) market due to the increased use of robotics and big data to fight against COVID-19 in countries such as Taiwan, Australia, and China. The government initiatives towards strengthening and expanding the usage of satellite-based navigation systems are playing a critical role in the market growth. For instance, the Government of India has established independent Satellite-based augmentation systems- Navigation with Indian Constellation (NavIC) and GPS Aided Geo Augmented Navigation (GAGAN)- for the Indian airspace in order to strengthen the Government's initiative of Atmanirbhar Bharat. In addition, the government’s SATNAV policy of 2021 is aimed at the progressive evolution of satellite-based navigation and augmentation services, with the focus on enhancing the compatibility of Indian satellite navigation and augmentation signals with other GNSS/SBAS signals. Moreover, the expansion of space-enabled applications and the increasing research activities are likely to propel the market for global navigation satellite system further. Technological advancements such as the development of 5G and the growing utilisation of autonomous vehicles are expected to augment the market growth over the forecast period.
The report gives a detailed analysis of the following key players in the global navigation satellite system (GNSS) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
In 2021, the global navigation satellite system (GNSS) market attained a value of nearly USD 175.2 billion.
The market is assessed to grow at a CAGR of 9.30% between 2024 and 2032.
The major market drivers include the development of autonomous vehicles, increased demand for global positioning in smartphones and road vehicles, space enabled applications, and growing use by surveyors.
The key trends guiding the growth of the market include the growing importance of global navigation satellite system in various applications, increased government initiatives, and rapid technological advancements.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major types of global navigation satellite system (GNSS) include global constellations, regional constellations, and satellite-based augmentation.
The different applications of the product include rail, aviation, maritime, surveying, time synch, agriculture, LBS, and road, among others.
The major players in the market are Qualcomm Technologies, Inc., Cobham Limited, Trimble Inc., Collins Aerospace, Broadcom Inc, and Hexagon AB, among others.
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Pricing Plans
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
