Navigation Satellite System Chip Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028Segmented By Device Type (Smartphones, Tablets and Wearables, Personal Tracking Devices, Low-power Asset Trackers, In-vehicle Systems, and Drones), By Application (Navigation, Mapping, Location-Based Services, Surveying, Telematics, Timing and Synchronization, Others), By End-user Industry (Automotive, Aviation, and Consumer Electronics), By Region, Competition

The global navigation satellite system chip market is anticipated to thrive in the forecast period, 2024-2028. The market for navigation satellite system (NSS) chips is expanding as a result of the increase in NSS chips for mapping and surveying applications, such as tracking uncharted territories and the demand for precise real-time data with the growing adoption of consumer electronics. Furthermore, the market for navigation satellite system (NSS) chips is expected to expand due to the increase in demand for high-speed internet and network coverage, including 4G and 5G enabled devices. Also predicted to temper the expansion of the navigation satellite system (NSS) chip market is an increase in IoT adoption. On the other hand, it is anticipated that increased initial expenditures in agricultural applications would further restrain the globalnavigation satellite system (NSS) chips throughout the course of the timeline. Additionally, the growing demand for wearable electronics and the rise in the use of unmanned aerial vehicles (UAVS) in a variety of applications will create additional potential growth prospects for the market for navigation satellite system (NSS) chips in the years to come. However, the development of the market for navigation satellite system (NSS) chips may face further challenges in the near future due to indoor navigation.

Moreover, the term "GNSS" (Navigation Satellite System) generally refers to a constellation of satellites that transmits signals from space to GNSS receivers, which in turn transmits location and timing information. The receivers utilise this information in conjunction with a variety of sensors to calculate various quantities, including location, altitude, and distance. The report examines the market based on GNSS device form and usage in a number of global sectors. With expanding space and air defence initiatives, the market has seen consistent growth and is anticipated to continue to grow in the coming years.

The Global Market Is Being Driven By The Rising Importance Of Accuracy In Real-Time Data

Real-time GNSS precise positioning and services are becoming more and more well-liked as a result of the growing demand for real-time positioning and timing applications, such as surveying and mapping, smart cities, connected and autonomous vehicles (CAVs), environmental monitoring, geological disaster monitoring, structural health monitoring (SHM), etc. Given the advancements in location and sensor integration, autonomous cars may now share the road. For self-driving automobiles, GPS technology's accuracy, accessibility, and dependability are crucial. For AVs to be able to localise themselves, plan their routes, make decisions, perceive their surroundings, and do other motion-controlling tasks, they need sensors. Cameras, radar, LiDAR, and other AV tools are ulterasonic sensors to comprehend its surroundings. Additional sensors like odometery, GNSS, and IMU determine the vechicle’s absolute and relative positions. These factors are driving the Global Navigation Satellite System Chip Market.

Concentrating on Innovations Opens Up Abundant Possibilities

The Internet of Things and the Internet of Vehicles, as well as contemporary applications like automatic parking, autonomous driving, and logistics, all rely on GNSS technology. In addition, u-blox has been keeping a close eye on the upgrading of the BeiDou navigation system and is prepared to work with corporate partners to support growing industry applications and rising markets.

Most GNSS stakeholders have prioritised increasing GNSS security. Device makers have boosted their R&D efforts to improve receiver security and toughness. The European Union has been a leader in the sector thanks to SAS, PRS, and the Galileo OS-NMA. GNSS chips with Galileo are being enabled by a number of prominent suppliers, and it is projected that emerging markets would focus on marketing chips with Galileo forsecurity reasons. As a result there is a rise in the market growth.

Demand for 5G networks and high-speed internet is increasing

Cellular communication now gives mobile network providers a wide range of methods to pinpoint each user's location with varied degrees of precision thanks in large part to positioning. User devices have been accurately positioned thanks to GNSS. The rollout of 5G networks in cities has been announced by several mobile network carriers. In order to provide robust connections across 5G networks, higher-level timing precision is thus becoming more and more necessary as the number of 5G base stations grows. The Quectel L26-T module can achieve timing precision of 6.8 nanoseconds and can adhere to exacting 5G network timing synchronisation specifications. Furthermore, China is a rapidly developing nation that is paving the way for the 5G future, according to the GSA 2020 study. Additionally, ST and Quectel are collaborating to deliver cutting-edge GNSS solutions. As a result, the aforementioned reasons are propelling the global GNSS chip market's expansion.

Increasing GNSS Chip Use in Consumer Electronics Likely to Accelerate Market Growth

GNSS technology is used by consumer electronics devices for navigation, geo-marketing, and mapping applications, including smartphones, tablets, smart wearables, and digital cameras. The use of technologically advanced wearable gadgets, such as fitness bands and smartwatches, has become more popular in recent years. These gadgets heavily incorporate GNSS chips to provide users with exact positions when they are moving around—whether they are jogging, walking, or driving. The adoption of different location-based services (LBS) and apps that rely on the 4G network has increased as a result of this capability. Market participants are also creating GNSS-based wearable technology. For instance, Sony Corporation announced the availability of high-precision GNSS receiver LSIs for IoT and wearable technology in August 2020. The usage of location-based services, such online food delivery, online cab services, and others, is also increasing. All these factor are driving the market of Global Navigation Satellite System Chip Market.

IoT Technology in Self-Driving Cars

In-vehicle infotainment systems, connected car solutions, advanced driving assistance systems (ADAS), navigation and telematics solutions, and other cutting-edge products are just a few examples of how IoT technologies support the automotive sector in developing novel and cutting-edge solutions. The primary use of navigation systems in automobiles is to display maps with data on speed, position, direction, surrounding streets, areas of interest, and tracking objectives. IoT-capable vehicles have  GNSS chips built inside them allow for more efficient driving and allow for emergency response organisations to track the position of the driver. As a result, the growing demand for IoT-enabled automobiles will present a chance for GNSS chip market companies to increase their market share in the automotive industry. To allow absolute lane-level vehicle location, for instance, Qualcomm Technologies, Inc. and Alps Alpine Co., Ltd. introduced ViewPose, a camera-based sensing and positioning device, in January 2021. Furthermore, because to developments in location and sensor integration, the concept of autonomous cars sharing highways is gradually becoming a reality. For a fully autonomous car to operate safely, a precise localisation solution is required. High precision GNSS technology generates profitable prospects for the global GNSS chip market by providing the accuracy, availability, and dependability that self-driving vehicles need.

Market Segmentation

The Global Navigation Satellite System Chip market is segmented into Device Type, Application, End-user, Region, and Competitive Landscape. Based on Device Type, the market is segmented into Smartphones, Tablets and Wearables, Personal Tracking Devices, Low-power Asset Trackers, In-vehicle Systems, and Drones. Based on Application the market is segmented into Navigation, Mapping, Location-Based Services, Surveying, Telematics, Timing and Synchronization, Others. Based on End-user Industry the market is segmented into Automotive, Aviation, and Consumer Electronics. Based on region the market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa.

Market Player

Major market players in the Global Navigation Satellite System Chip Market are Broadcom Limited , Furuno Electric Co., Ltd., Navika Electronics, Quectel Wireless Solutions Co., Ltd., Skyworks Solutions, Inc., U-Blox Holding AG , Qualcomm Incorporated, MediaTek Inc., Intel Corporation, STMicroelectronics NV.

Recent Development

·         In December 2021, MediaTek revealed that various smartphone manufacturers, including OPPO, Vivo, Xiaomi, and Honour, have accepted and endorsed its Dimensity 9000 5G smartphone processor for the next-generation flagship models. In the first quarter of 2022, the first premium smartphones with Dimensity 9000 processors were  available. Smartphone users may enjoy flawless connectivity because the CPU supports the most recent Wi-Fi, Bluetooth, and GNSS standards.

·         A camera-based sensing and positioning system dubbed ViewPose was introduced in January 2021 by Qualcomm Technologies Inc. and Alps Alpine Co. Ltd. to provide precise lane-level vehicle placement. The Qualcomm Snapdragon Automotive 5G platform, which supports Multi-Frequency GNSS, and the Snapdragon Automotive Cockpit Platform, which processes multiple camera pictures and Vision Enhanced Precise Positioning (VEPP) software, are just a few of the Qualcomm Technologies products that Alps Alpine is using. It also enables crowdsourcing of high-definition maps, lane-level navigation for cellular vehicle-to-everything (C-V2X), lane-level accuracy for electric front, rear, and side-view mirrors, and advanced driver assistance systems (ADAS) and autonomous driving applications

The smallest, lowest power, and most precise Global Navigation Satellite Systems (GNSS) IC for the Internet of Things, SYN4778, was introduced by Synaptics Incorporated in January 2023. In comparison to rival technologies, the semiconductor provides a 50% boost in accuracy while consuming 80% less power and having 30% smaller packaging. While increasing battery life and condensing product size, it enhances the performance of sophisticated location-based services (LBSs) for IoT devices such wearables, mobile accessories, asset tagging and tracking systems, drones, and transit navigation.

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Report Scope:

In this report, the Global Navigation Satellite System Chip market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Navigation Satellite System Chip Market, By Device Type

o   Smartphones

o   Tablets and Wearables

o   Personal Tracking Devices,

o   Low-power Asset Trackers

o   In-vehicle Systems

o   Drones

·         Navigation Satellite System Chip Market, By Application:

o   Navigation

o   Mapping

o   Location-Based Services

o   Surveying

o   Telematics

o   Timing and Synchronization

o   Others

·         Navigation Satellite System Chip Market, By End-user Industry:

o   Automotive

o   Aviation

o   Consumer Electronics

·         Navigation Satellite System Chip Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Asia-Pacific

§  India

§  China

§  Japan

§  South Korea

§  Australia

§  Singapore

§  Malaysia

o   Europe

§  Germany

§  United Kingdom

§  France

§  Russia

§  Spain

§  Belgium

§  Italy

o   South America

§  Brazil

§  Argentina

§  Colombia

§  Peru

§  Chile

o   Middle East

§  Saudi Arabia

§  South Africa

§  UAE

§  Israel

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Navigation Satellite System Chip market.

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