Global GNSS Devices Market 2024-2028

The GNSS devices market is forecasted to grow by USD 32.1 bn during 2023-2028, accelerating at a CAGR of 9.52% during the forecast period. The report on the GNSS devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by government initiatives and support in providing assistance in mobile devices, rising investment in satellite navigation programs, and innovation in navigation and positioning devices.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	8.86%
CAGR	9.52%
Incremental Value	$32.1bn

Technavio's GNSS devices market is segmented as below:

By End-user

Consumer electronics
Automotive and transportation
Military and defense
Others

By Product

Smartphones
Tablets and wearables
In-vehicle systems
Personal tracking devices
Others

By Geographical Landscape

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the increasing demand for precise navigation as one of the prime reasons driving the GNSS devices market growth during the next few years. Also, adoption of GNSS technology in smart devices and expansion of GNSS applications in autonomous vehicles will lead to sizable demand in the market.

The report on the GNSS devices market covers the following areas:

GNSS devices market sizing
GNSS devices market forecast
GNSS devices market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading GNSS devices market vendors that include Beijing UniStrong Science and Technology Co. Ltd., Broadcom Inc., ComNav Technology Ltd., Furuno Electric Co. Ltd., Garmin Ltd., Hexagon AB, Intel Corp., L3Harris Technologies Inc., MediaTek Inc., NavtechGPS Inc., Osmose Utilities Services Inc. , Qualcomm Inc., Raytheon Technologies Corp., SkyTraq Technology Inc., STMicroelectronics International N.V., Texas Instruments Inc., The GEO Group Inc., TOPCON CORP., Trimble Inc., and u blox AG. Also, the GNSS devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR76559

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global GNSS devices market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global gnss devices market 2018 - 2022 ($ billion)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Consumer electronics - Market size and forecast 2023-2028
Exhibit 34: Chart on Consumer electronics - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Consumer electronics - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Consumer electronics - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Consumer electronics - Year-over-year growth 2023-2028 (%)
6.4 Automotive and transportation - Market size and forecast 2023-2028
Exhibit 38: Chart on Automotive and transportation - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Automotive and transportation - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Automotive and transportation - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Automotive and transportation - Year-over-year growth 2023-2028 (%)
6.5 Military and defense - Market size and forecast 2023-2028
Exhibit 42: Chart on Military and defense - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Military and defense - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Military and defense - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Military and defense - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by End-user
Exhibit 50: Market opportunity by End-user ($ billion)
Exhibit 51: Data Table on Market opportunity by End-user ($ billion)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 52: Chart on Product - Market share 2023-2028 (%)
Exhibit 53: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 54: Chart on Comparison by Product
Exhibit 55: Data Table on Comparison by Product
7.3 Smartphones - Market size and forecast 2023-2028
Exhibit 56: Chart on Smartphones - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Smartphones - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Smartphones - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Smartphones - Year-over-year growth 2023-2028 (%)
7.4 Tablets and wearables - Market size and forecast 2023-2028
Exhibit 60: Chart on Tablets and wearables - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Tablets and wearables - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Tablets and wearables - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Tablets and wearables - Year-over-year growth 2023-2028 (%)
7.5 In-vehicle systems - Market size and forecast 2023-2028
Exhibit 64: Chart on In-vehicle systems - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Data Table on In-vehicle systems - Market size and forecast 2023-2028 ($ billion)
Exhibit 66: Chart on In-vehicle systems - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on In-vehicle systems - Year-over-year growth 2023-2028 (%)
7.6 Personal tracking devices - Market size and forecast 2023-2028
Exhibit 68: Chart on Personal tracking devices - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Data Table on Personal tracking devices - Market size and forecast 2023-2028 ($ billion)
Exhibit 70: Chart on Personal tracking devices - Year-over-year growth 2023-2028 (%)
Exhibit 71: Data Table on Personal tracking devices - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
Exhibit 72: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 74: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 75: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Product
Exhibit 76: Market opportunity by Product ($ billion)
Exhibit 77: Data Table on Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 79: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 80: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 81: Chart on Geographic comparison
Exhibit 82: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 87: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 91: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 99: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 103: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 Russia - Market size and forecast 2023-2028
Exhibit 107: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on Russia - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Russia - Year-over-year growth 2023-2028 (%)
9.10 South Korea - Market size and forecast 2023-2028
Exhibit 111: Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibit 112: Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibit 113: Chart on South Korea - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Exhibit 115: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 116: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 117: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 118: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 China - Market size and forecast 2023-2028
Exhibit 119: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 120: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 121: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 122: Data Table on China - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 123: Market opportunity By Geographical Landscape ($ billion)
Exhibit 124: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 125: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 126: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 127: Overview on factors of disruption
11.4 Industry risks
Exhibit 128: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 129: Vendors covered
12.2 Market positioning of vendors
Exhibit 130: Matrix on vendor position and classification
12.3 Broadcom Inc.
Exhibit 131: Broadcom Inc. - Overview
Exhibit 132: Broadcom Inc. - Business segments
Exhibit 133: Broadcom Inc. - Key news
Exhibit 134: Broadcom Inc. - Key offerings
Exhibit 135: Broadcom Inc. - Segment focus
12.4 Furuno Electric Co. Ltd.
Exhibit 136: Furuno Electric Co. Ltd. - Overview
Exhibit 137: Furuno Electric Co. Ltd. - Business segments
Exhibit 138: Furuno Electric Co. Ltd. - Key offerings
Exhibit 139: Furuno Electric Co. Ltd. - Segment focus
12.5 Garmin Ltd.
Exhibit 140: Garmin Ltd. - Overview
Exhibit 141: Garmin Ltd. - Business segments
Exhibit 142: Garmin Ltd. - Key offerings
Exhibit 143: Garmin Ltd. - Segment focus
12.6 Intel Corp.
Exhibit 144: Intel Corp. - Overview
Exhibit 145: Intel Corp. - Business segments
Exhibit 146: Intel Corp. - Key news
Exhibit 147: Intel Corp. - Key offerings
Exhibit 148: Intel Corp. - Segment focus
12.7 L3Harris Technologies Inc.
Exhibit 149: L3Harris Technologies Inc. - Overview
Exhibit 150: L3Harris Technologies Inc. - Business segments
Exhibit 151: L3Harris Technologies Inc. - Key news
Exhibit 152: L3Harris Technologies Inc. - Key offerings
Exhibit 153: L3Harris Technologies Inc. - Segment focus
12.8 MediaTek Inc.
Exhibit 154: MediaTek Inc. - Overview
Exhibit 155: MediaTek Inc. - Product / Service
Exhibit 156: MediaTek Inc. - Key news
Exhibit 157: MediaTek Inc. - Key offerings
12.9 Osmose Utilities Services Inc.
Exhibit 158: Osmose Utilities Services Inc. - Overview
Exhibit 159: Osmose Utilities Services Inc. - Product / Service
Exhibit 160: Osmose Utilities Services Inc. - Key offerings
12.10 Qualcomm Inc.
Exhibit 161: Qualcomm Inc. - Overview
Exhibit 162: Qualcomm Inc. - Business segments
Exhibit 163: Qualcomm Inc. - Key news
Exhibit 164: Qualcomm Inc. - Key offerings
Exhibit 165: Qualcomm Inc. - Segment focus
12.11 Raytheon Technologies Corp.
Exhibit 166: Raytheon Technologies Corp. - Overview
Exhibit 167: Raytheon Technologies Corp. - Business segments
Exhibit 168: Raytheon Technologies Corp. - Key news
Exhibit 169: Raytheon Technologies Corp. - Key offerings
Exhibit 170: Raytheon Technologies Corp. - Segment focus
12.12 SkyTraq Technology Inc.
Exhibit 171: SkyTraq Technology Inc. - Overview
Exhibit 172: SkyTraq Technology Inc. - Product / Service
Exhibit 173: SkyTraq Technology Inc. - Key offerings
12.13 STMicroelectronics International N.V.
Exhibit 174: STMicroelectronics International N.V. - Overview
Exhibit 175: STMicroelectronics International N.V. - Business segments
Exhibit 176: STMicroelectronics International N.V. - Key news
Exhibit 177: STMicroelectronics International N.V. - Key offerings
Exhibit 178: STMicroelectronics International N.V. - Segment focus
12.14 Texas Instruments Inc.
Exhibit 179: Texas Instruments Inc. - Overview
Exhibit 180: Texas Instruments Inc. - Business segments
Exhibit 181: Texas Instruments Inc. - Key news
Exhibit 182: Texas Instruments Inc. - Key offerings
Exhibit 183: Texas Instruments Inc. - Segment focus
12.15 TOPCON CORP.
Exhibit 184: TOPCON CORP. - Overview
Exhibit 185: TOPCON CORP. - Business segments
Exhibit 186: TOPCON CORP. - Key news
Exhibit 187: TOPCON CORP. - Key offerings
Exhibit 188: TOPCON CORP. - Segment focus
12.16 Trimble Inc.
Exhibit 189: Trimble Inc. - Overview
Exhibit 190: Trimble Inc. - Business segments
Exhibit 191: Trimble Inc. - Key offerings
Exhibit 192: Trimble Inc. - Segment focus
12.17 u blox AG
Exhibit 193: u blox AG - Overview
Exhibit 194: u blox AG - Business segments
Exhibit 195: u blox AG - Key offerings
Exhibit 196: u blox AG - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 197: Inclusions checklist
Exhibit 198: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 199: Currency conversion rates for US$
13.4 Research methodology
Exhibit 200: Research methodology
Exhibit 201: Validation techniques employed for market sizing
Exhibit 202: Information sources
13.5 List of abbreviations
Exhibit 203: List of abbreviations