Assured PNT Market to Grow with a CAGR of 23.80% through 2030
The
Global Assured PNT Market is growing rapidly, driven by increasing demand for
secure, reliable navigation across critical industries, advancements in
autonomous systems, the need for cybersecurity resilience, and government
investments in PNT infrastructure.
According to
TechSci Research report, “Assured PNT Market - Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, The global Assured PNT Market was valued at USD 0.75 Billion in
2024 and is expected to reach USD 2.70 Billion by 2030 with a CAGR of 23.80% during
the forecast period.
The global Assured Positioning,
Navigation, and Timing (PNT) market is growing rapidly as industries and
governments seek more reliable and secure solutions for navigation and timing,
especially in mission-critical applications. Traditional GPS systems are
increasingly vulnerable to interference, such as jamming and spoofing, which
has led to the development and adoption of alternative PNT technologies. These
systems provide assured and continuous performance in environments where GPS
signals may be disrupted or unavailable. As autonomous systems, such as drones
and vehicles, continue to expand, so too does the need for resilient PNT
solutions that ensure safe and accurate navigation.
In
the aerospace sector, the need for precise and secure PNT solutions is
paramount, particularly with the rise of satellite constellations and the push
towards autonomous flight systems. Commercial airlines, military aircraft, and
spacecraft require dependable navigation to ensure safety, efficiency, and
compliance with international regulations. As the number of autonomous aircraft
and UAVs increases, their reliance on secure PNT systems becomes more important
to avoid accidents, ensure optimal performance, and manage air traffic
effectively. The aerospace industry's growth is thus a significant contributor
to the expansion of the assured PNT market.
Moreover,
the land-based sector, which includes autonomous vehicles, transportation, and
logistics, is experiencing significant growth in its demand for assured PNT
systems. The advent of self-driving cars and trucks, along with the integration
of advanced driver-assistance systems (ADAS), has highlighted the importance of
secure and precise navigation solutions. These technologies require highly
accurate PNT data to ensure vehicles can safely navigate complex environments,
respond to obstacles, and maintain efficient routing. The rapid advancement of
autonomous vehicles, combined with increasing regulatory pressure for safety,
further drives the demand for PNT solutions that can operate reliably in
GPS-denied environments.
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"Global Assured PNT Market.”
The global Assured
PNT Market is segmented into platform, end user, and region.
Based
on end user, defense sector is the dominating segment in the global Assured PNT
market due to its critical need for secure and reliable navigation and timing
systems for military operations. With increased vulnerability of GPS systems to
jamming and spoofing, the demand for resilient PNT solutions has surged. These
systems ensure accurate positioning for defense applications, including missile
guidance, surveillance, reconnaissance, and secure communications. Governments
are heavily investing in advanced, robust PNT technologies to enhance
operational efficiency, strategic capabilities, and mission success,
solidifying the defense segment's dominance in the market.
Based
on region, Asia Pacific is the fastest-growing region in the global Assured PNT
market, driven by rapid advancements in autonomous systems, aerospace, and
defense sectors. The region’s increasing investments in secure and resilient
navigation technologies, coupled with high demand from industries like
transportation, telecommunications, and space exploration, contribute
significantly to this growth. Additionally, the rise of smart cities,
self-driving vehicles, and regional security concerns are pushing governments
and industries to prioritize robust PNT solutions, further accelerating the
market’s expansion. As a result, Asia Pacific is poised for continued strong
growth in the assured PNT sector.
Major companies
operating in Global Assured PNT Market are:
- General
Dynamics Corporation
- RTX
Corporation
- Lockheed
Martin Corporation
- Northrop
Grumman Corporation
- BAE
Systems plc
- Thales
S.A.
- Hexagon
AB
- Israel
Aerospace Industries Ltd
- L3Harris
Technologies Inc.
- Cobham
Ltd.
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“The global Assured PNT Market is driven
by increasing need for secure and reliable navigation due to cybersecurity
threats, especially in defense, aerospace, and autonomous systems. The trends
include the growing adoption of hybrid PNT solutions that combine multiple data
sources, advancements in AI for better accuracy, the rise of autonomous
vehicles demanding precise navigation, and the push for more resilient systems
in GPS-denied environments. These trends are shaping the market, driving
innovations, and expanding demand across multiple sectors.” Said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
“Assured PNT Market –
Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By
Platform (Air, Land, Naval), By End User (Defense, Homeland Security), By
Region, By Competition, 2020-2030F”, has evaluated the future growth
potential of global Assured PNT Market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the global Assured PNT Market.
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