Europe GPS amp GNSS Receivers Market was valued at USD 17.00 Billion in 2022 and is projected to reach USD 29.00 Billion by 2030, growing at a CAGR of 7.3% from 2024 to 2030.
The European GPS & GNSS Receivers Market has witnessed significant growth over the past few years, driven by increasing demand for precision navigation across various industries. GPS (Global Positioning System) and GNSS (Global Navigation Satellite System) receivers are indispensable in industries like transportation, agriculture, and construction, providing real-time location data and ensuring operational efficiency. These technologies have transformed many sectors by offering accurate positioning data and enabling better decision-making processes. As industries continue to evolve, the applications and requirements for these devices are also advancing, creating new opportunities in the market.
In the transportation sector, GPS & GNSS receivers are used for fleet management, route optimization, and logistics tracking. Companies in this space require high-precision systems to monitor vehicles, improve fuel efficiency, and enhance driver safety. For instance, real-time tracking helps businesses reduce costs by improving route planning and minimizing delays. The demand for GPS & GNSS receivers in the transportation sector is expected to continue rising, given the increasing focus on automation and telematics.
In agriculture, the adoption of GPS & GNSS receivers has revolutionized precision farming. These devices help farmers optimize field operations such as planting, irrigation, and harvesting. By ensuring accurate positioning, they enable automated machinery to carry out tasks with high efficiency, resulting in increased crop yields and reduced resource waste. The agricultural industry’s need for reliable GPS & GNSS systems is expanding as farming practices become more data-driven and technology-focused.
The construction industry also benefits from GPS & GNSS receivers for tasks like land surveying, project site management, and heavy equipment tracking. These receivers provide precise measurements that help with the planning and execution of large-scale projects, improving safety and reducing the risk of errors. The need for high-accuracy receivers continues to grow, particularly with the development of smart cities and infrastructure projects.
As the European GPS & GNSS receivers market evolves, the demand for more sophisticated and versatile systems will rise. These technologies must meet the requirements of industries that depend on precise navigation and location data to streamline operations, improve productivity, and ensure safety. Whether it’s for vehicle tracking, precision farming, or construction projects, GPS & GNSS receivers are now indispensable tools for industries across Europe, and their importance will only continue to grow as technology advances.
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Trimble
Topcon
Navipedia
SOKKIA
Geo
NavtechGPS
JAVAD GNSS
CHC Navigation
SOUTH
ComNav Technology
Hemisphere GNSS
NovAtel
NavCom Technology
Leica-geosystems
Eos Positioning Systems
NVS Technologies
Suzhou FOIF
Pulse Engineering
CSR
BroadCom
Garmin
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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 Europe GPS amp GNSS Receivers Market
Handheld GPS Receivers
OEM GPS Receivers
Vehicle-Mounted GPS Receivers
Fixed GPS Receivers
GPS
GLONASS
Galileo
BeiDou
QZSS
Dual Frequency
Automotive
Agriculture
Aerospace & Defense
Marine
Construction
Surveying
Mapping
Telecommunications
Commercial
Government
Industrial
Consumer Electronics
Receiver Unit
Antennas
Chips
Software
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe GPS amp GNSS Receivers 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. Europe GPS amp GNSS Receivers Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe GPS amp GNSS Receivers Market, By Type
6. Europe GPS amp GNSS Receivers Market, By Application
7. Europe GPS amp GNSS Receivers Market, By Geography
Europe
Germany
UK
France
8. Europe GPS amp GNSS Receivers Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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