GNSS IC Market Size, Share, Growth, and Industry Analysis, By Type (High Precision GNSS Chips, Standard Precision GNSS Chips), By Application (Smartphones, Tablets, Personal Navigation Devices, In-Vehicle Systems, Wearable Devices), and Regional Forecast to 2035

GNSS IC MARKET REPORT OVERVIEW

The global GNSS IC Market size estimated at USD 486.95 million in 2026 and is projected to reach USD 1189.16 million by 2035, growing at a CAGR of 7.11% from 2026 to 2035.

The Global GNSS IC Market is increasing at a steady pace due to the growing requirement of devices such as smart phones, wearable electronics, and car-mounted navigation instruments for location tracking. This market gives information on how these chips are being applied in the various sectors, the differences noted in the respective regions and product types. The corporates in this sector are constantly developing ways for better navigation especially in the relatively new markets such as self-driver automobiles. Market players are also evaluated in the report to offer insight into the dynamics that exist between the competitors and readers will be able to make informed decisions about the market for the future.

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KEY FINDINGS

• Market Size and Growth: The GNSS IC Market size was USD 424.44 Million in 2024, is projected to grow to USD 454.60 Million by 2025 and exceed USD 1036.52 Million by 2033, with a CAGR of 7.11%.

• Key Market Driver: Exploding demand for navigation in smartphones is the real engine here in 2023 alone, over 1.2 billion smartphones shipped with embedded GNSS capability.

• Major Market Restraint: Accuracy issues in dense urban environments remain a headache, with signal multipath errors still causing up to 15 meters of deviation in some high-rise zones.

• Emerging Trends: Multi-constellation support is becoming standard more than 60% of new GNSS ICs launched in 2024 could connect to GPS, GLONASS, Galileo, and BeiDou simultaneously.

• Regional Leadership: Asia-Pacific leads the pack, accounting for nearly 42% of total shipments, thanks largely to China’s aggressive BeiDou integration across consumer and industrial devices.

• Competitive Landscape: The field is moderately concentrated, with around 15 key players globally but three of them control nearly 55% of the market share.

• Market Segmentation: Automotive-grade GNSS ICs are gaining traction, making up roughly 28% of the total volume shipped in 2023 as autonomous driving systems ramp up.

• Recent Development: In early 2024, a major chipmaker unveiled a next-gen GNSS IC with sub-meter accuracy in real-time kinematic (RTK) mode a leap forward for precision agriculture and surveying.

GLOBAL CRISES IMPACT

"GNSS Industry Saw Positive Impact Due to Increased Demand for Monitoring During COVID-19 Pandemic"

The Global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The COVID-19 pandemic the application of GNSS chips was expanded for basic functions such as supervising quarantines and helping the healthcare industry. When integrating GNSS with the like of 5G and cell location aspects, governments were able to control the quarantine rules and social distancing protocols. For instance, South Korea employed GNSS based application in the monitoring of people in self-isolation. These efforts enhanced the pandemic and at the same time increased the demand for GNSS chips as the world came back.

LATEST TRENDS

"Rising Demand for Precision GNSS Chips Fuels Autonomous Vehicle Development"

An exciting factor that has been seen to dictate the GNSS IC Market is the growing need for precise GNSS chips in self-driving cars. With emergent technology of self-driving cars, producers are striving to improve the system’s ability to navigate. These chips are used to maintain and monitor the accurate location tracking and navigation; as self-governing systems are mandatory for the future automobiles, it’s a major factor that is driving the market growth.

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GNSS IC MARKET SEGMENTATION

By Type

• High Precision GNSS Chips: These chips are used in industries where accurate location data is critical, such as in autonomous driving and surveying. They offer highly detailed navigation data and are often found in professional-grade equipment like drones and high-end navigation systems.

• Standard Precision GNSS Chips: These chips provide sufficient accuracy for everyday use, like in smartphones and fitness wearables. While not as precise as high-end chips, they are perfect for basic navigation, helping users with tasks like finding routes or tracking steps.

By Application

• Smartphones: GNSS chips in smartphones help users navigate maps, track their location, and even assist in applications like ride-hailing services. They enable mobile devices to use GPS and other location-based services efficiently.

• Tablets: Tablets, especially those used in navigation or fieldwork, use GNSS chips to offer location services. This is particularly useful for users needing larger screens to view maps, such as delivery drivers or construction site managers.

• Personal Navigation Devices: Dedicated GPS units use GNSS chips to provide reliable navigation. These are popular in cars and for outdoor activities like hiking, ensuring users don’t get lost even without cellular service.

• In-Vehicle Systems: In-car navigation systems rely on GNSS chips to provide real-time directions, traffic updates, and assist in autonomous driving. They are essential for route optimization, safety, and convenience.

• Wearable Devices: Fitness trackers and smartwatches use GNSS chips to track physical activities like running or cycling, giving users insights into distance, speed, and location. They’re important for athletes who need accurate tracking data for their workouts.

MARKET DYNAMICS

Market dynamics include driving and Restraining Factors, opportunities and Challenges stating the market conditions.

Driving Factors

"Rising Demand for GPS-Enabled Devices Boosting GNSS Adoption"

Smart phone, wearable and personal navigational devices usage have gone up hence boosting the GPS enabled services demand. which has found importance in broadening consumers’ demands for location-based services for everyday tasks, the GNSS chips are vital to improve accuracy and navigation capability across devices.

"Growth of Autonomous Vehicles Driving GNSS Precision Needs"

Growth of autonomous automobiles technologies put pressure on GNSS manufacturers to provide more accurate solutions. This is because system dependent on autonomous driving has to use location information of high accuracy with short time-delay, which in turn creates a demand for the further evolution of GNSS chips. Thus, the practice of smart transportation systems is driving this process, demanding further development of GNSS.

Restraining Factor

"Rising demand in emerging markets drives expansion and growth opportunities"

The production of advanced GNSS chips is expensive, and these chips are not easily accessible especially in the developing nations where the prices are considerably higher. This paper discusses the numerous difficulties that manufacturers experience while striving to innovate while at the same time keeping the prices reasonable, hence achievable for most users. Therefore, consumers, and businesses prefer such products that are cheaper; the adaptation of high-precision navigation technologies is not as fast as people might expect.

Opportunity

"Rising demand in emerging markets drives expansion and growth opportunities"

Potential for growth is high in emerging markets notably the Asia market because of the growing use of smart phones and navigation gadgets. These regions are quickly advancing towards addressing their needs through digitization and as such need cheap and efficient navigation services. This is specific growth Opportunity for companies who can deliver the expanding markets with strong cost advantage products.

Challenge

"Geopolitical tensions disrupt supply chains, leading to delayed production"

Various regional conflicts, as well as political instabilities, are witnessed, and this in turn compounding the Challenge of regular disruptions in supply of GNSS chips needed in production processes. This leads to long lead times on the product and thus has a negative impact on the manufacturers. They appear as risks that must be managed by establishing the flexibility in a firm’s supply chain to reduce their impact and consequently maintain stability in businesses.

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GNSS IC MARKET REGIONAL INSIGHTS

North America

The North American driven by advanced technological adoption in the United States GNSS IC Market. This region leads in innovation with significant investments in automotive and wearable technologies. The demand for high-precision navigation systems in various applications, including autonomous vehicles and smart devices, continues to drive market growth, solidifying North America's position as a key player in the global GNSS IC industry.

Europe

Europe's GNSS IC Market benefits from robust infrastructure and technological advancements. The region is a leader in integrating GNSS technology into automotive systems and smart city solutions. European countries, like Germany and the UK, focus on enhancing navigation accuracy and connectivity, contributing to the steady growth and adoption of GNSS ICs across various applications, including personal and industrial use.

Asia

Asia-Pacific is rapidly expanding in the GNSS IC Market, fueled by high smartphone penetration and growing digitalization. Countries such as China, Japan, and India are major contributors, with increased demand for navigation devices in consumer electronics and automotive industries. The region's burgeoning technology sector and infrastructure development drive significant growth opportunities for GNSS ICs, making it a prominent market player.

KEY INDUSTRY PLAYERS

"Tech Innovations Drive Company Competitiveness and Market Demand"

Leading companies like Qualcomm, Intel, and Broadcom are crucial in the GNSS IC Market. They are constantly developing new technology to make GPS chips more accurate and energy-efficient. By focusing on innovations and staying ahead in technology, these companies ensure they remain competitive and meet the growing demand for advanced navigation solutions in various devices.

List of Market Players Profiled

• Qualcomm (U.S.)
• Intel Corporation (U.S.)
• Broadcom (U.S.)
• Mediatek (Taiwan)
• u-blox (Switzerland)
• Furuno Electric (Japan)
• STM (France)
• Navika Electronics (India)
• Quectel Wireless Solutions (China)

KEY INDUSTRIAL DEVELOPMENT

March 2024, Another technological breakthrough happened when Qualcomm introduced a new line of GNSS chips that would provide much greater location accuracy while at the same time consuming much less power. This is important for device, for instance, smartphones and wearable, so that they can function optimally, and for longer hours on battery charge. much demand has been witnessed in the technological area in need of reliable and efficient solutions to navigation.

REPORT COVERAGE

The report provides an analysis of the GNSS IC Market, including its size, trends, and growth drivers. It examines market segmentation by product type and industry, identifies key players, and evaluates regional insights. The report also highlights market restraints, opportunities, and Challenges, offering a comprehensive view of the industry's current and future landscape.