GNSS Receivers and Antennas Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 6.2 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
From 2018 to 2022, key drivers such as the need for better geospatial data, the surge in demand for autonomous vehicles, and government investments in infrastructure supported the growth of GNSS receiver and antenna markets. The proliferation of smartphones and the need for improved asset tracking and navigation systems in logistics also contributed to a stronger market presence. Additionally, innovations in multi-frequency and multi-constellation GNSS receivers, which offer superior accuracy and reliability, were among the major technological trends during this period.
The demand for GNSS receivers and antennas is projected to evolve significantly from 2023 to 2033, as emerging technologies and applications are expected to push market boundaries further. Industries like the automotive sector, with the rise of autonomous driving, and agriculture, where GNSS plays a key role in precision farming, will drive much of the future demand. According to market forecasts, the increasing adoption of GNSS technology for IoT devices and drones will also contribute to the growth. By 2033, the GNSS market is likely to become even more integrated with AI, machine learning, and other smart technologies, making it indispensable across new verticals.
The GNSS market will likely see a shift towards more compact and energy-efficient receivers, with improved connectivity and enhanced signal strength. Furthermore, as space exploration and satellite technology continue to develop, GNSS antennas will evolve to ensure compatibility with an expanding range of satellite constellations. Factors such as increasing environmental concerns, the push for sustainability, and ongoing technological upgrades will continue to influence market dynamics over the next decade.
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The GNSS Receivers and Antennas Market has witnessed substantial growth from 2018 to 2022, driven by advancements in satellite navigation systems and the growing demand for precise location tracking in various sectors. GNSS (Global Navigation Satellite System) technology is used across industries such as transportation, agriculture, and construction, among others, for its accurate positioning, timing, and navigation capabilities. Over this period, the market's expansion was fueled by innovations in receiver technology, improvements in signal processing, and the increasing adoption of GPS-enabled devices globally.
NovAtel
comNav Technology
Southwest Antennas
SatLab Geosolutions
infiniDome
CHC Navigation
Oxford Technical solutions
Aerobits
Meteksan Defense
SBG Systems
CubePilot
VectorNav Technologies
Tualcom
Advanced Navigation
INVOLI
uAvionix
HI TARGET
BDStar Navigation
BDMS
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global GNSS Receivers and Antennas Market
Aerospace
Industrial Inspection
Rescue Search
Environmental Monitoring
Others
Based on Types the Market is categorized into Below types that held the largest GNSS Receivers and Antennas market share In 2023.
Single-frequency
Dual-frequency
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global GNSS Receivers and Antennas Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global GNSS Receivers and Antennas Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global GNSS Receivers and Antennas Market, By Type
6. Global GNSS Receivers and Antennas Market, By Application
7. Global GNSS Receivers and Antennas Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global GNSS Receivers and Antennas Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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