North America GNSS Chip Market Analysis and Forecast by Size, Share, Growth, Trends 2031

The North America GNSS chip market size is expected to reach US$ 2,766.38 million by 2031 from US$ 1,605.01 million in 2024. The market is estimated to record a CAGR of 8.1% from 2024 to 2031.

Executive Summary and North America GNSS Chip Market Analysis:

The US, Canada, and Mexico are significant countries contributing to the North American economy. The increase in technological advancements, coupled with the rise in government support for the adoption of UAVs, is the critical factor fueling the demand for GNSS chips in North America. The governments in the region are supporting drone development through new deployment, spectrum allocations, and infrastructure by following various regulations. In January 2023, the US Department of Defense (DoD) planned to invest more than US$ 2.6 billion in unmanned systems, with a minimum of 29 programs dedicated to procuring unmanned aircraft systems (UAS). The Mitchell Institute for Aerospace Studies dean stated that the US military has enormous opportunities to use UAVs in various applications, such as cargo and combat aircraft. They further added that a shift is expected from remotely piloted aircraft to advanced autonomous systems, which will propel the demand for GNSS chip in the region as the increase in UAVs will surge the demand for navigation applications.

The increasing penetration of connected vehicles or autonomous vehicles will also drive the adoption of GNSS chip. Integration of chips in mobile devices and cars has enormously enhanced vehicle connectivity, navigation, communication, and entertainment, which drives the market. For instance, in December 2023, TomTom and Microsoft unveiled generative AI for connected vehicles. This collaboration resulted in the development of a fully integrated AI-powered conversational assistant that enhances voice interaction with infotainment, location search, and vehicle command systems. Additionally, at MWC Barcelona 2023, HARMAN, an automotive electronics technology company and a subsidiary of Samsung Electronics Co., Ltd., collaborated with the American Center for Mobility (ACM) to test real-world use cases, such as vehicle to everything (V2X) allowed by roadside infrastructure and edge computing using 5G cellular to showcase global connectivity between people, vehicles, and infrastructure. Through its engagement with ACM, HARMAN will allow automakers to test their connected vehicles and demonstrate new mobility use cases with the potential to scale. Moreover, the increasing number of players, such as Qualcomm Incorporated and Intel Corporation, is expected to drive the growth of the GNSS chip market in the region.

North America GNSS Chip Market: Strategic Insights

North America GNSS Chip Market Segmentation Analysis:

Key segments that contributed to the derivation of the North America GNSS chip market analysis are device, application, and vertical.

• Based on device, the North America GNSS chip market is segmented into smartphones, tablets, personal navigation devices, in-vehicle systems, and others. The smartphones segment held the largest share of the market in 2024.

• By application, the North America GNSS chip market is segmented into navigation and location-based services, mapping and surveying, telematics, timing and synchronization, and others. The navigation and location-based services segment held the largest share of the market in 2024.

• Based on vertical, the North America GNSS chip market is segmented into consumer electronics, automotive and transportation, military and defense, marine, and others. The consumer electronics segment held the largest share of the market in 2024.

North America GNSS Chip Market Players Density: Understanding Its Impact on Business Dynamics

The North America GNSS Chip Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

North America GNSS Chip Market Outlook

Technological advancements in unmanned aerial vehicles (UAVs) and unmanned ground vehicles (UGVs) are taking place at a rapid pace. The demand for UGVs and UAVs is expected to increase due to the emergence of technologies such as sense and avoid systems, artificial intelligence, and cloud computing. Integration of AI in UGVs and UAVs has enhanced their capabilities such as take-off, navigation, data capture, data transmission, and data analysis without human intervention. Implementing a GNSS chip allows UGVs and UAVs to measure precise real-time positioning information. This information plays a vital role in various applications, including surveying, search and rescue, autonomous delivery, mapping, and military combat missions. In addition, UGVs and UAVs are employed in real-life applications such as payload delivery, traffic monitoring, moving objects in a seemingly dangerous environment, and surveillance. UGVs and UAVs are not fully commercialized in all geographical regions due to stringent government regulations. However, in countries such as Canada, Australia, the US, and the UK, users can obtain permits or licenses to operate UAVs for commercial purposes. Moreover, the rising usage of UGV and UAV to track location through GNSS technology is anticipated to emerge as a trend in the GNSS chip market during the forecast period. As UGVs and UAVs are increasingly becoming capable of autonomous operation, the need for human intervention is reduced, allowing them to perform tasks more efficiently and safely. Both UGVs and UAVs require high-precision GNSS solutions for efficient navigation. In UAVs, GNSS-enabled autopilot systems maintain stability during flight, avoid obstacles, and follow precise flight paths. Similarly, UGVs rely on GNSS for accurate real-time positioning, obstacle avoidance, and route optimization.

North America GNSS Chip Market Country Insights

Based on country, the North America GNSS chip market comprises the US, Canada, and Mexico. The US held the largest share in 2024.

Location-based services (LBS) are more accurate than the regulatory mandates for emergency callers and other user services and applications in the US. As a result, several cellular phone and network manufacturers in the country focus on providing LBS by engaging in organic and inorganic strategies. For instance, in June 2023, the Air Force Research Laboratory (AFRL) partnered with Luminous Cyber Corp. to create a resilient GPS alternative for areas with unreliable coverage or vulnerability to interference. Luminous Cyber Corp. specializes in developing Alternative-Position Navigation and Timing (A-PNT) solutions for applications such as crewed and uncrewed orbital, avionic, marine, and mounted land-based systems. The Navstar GPS, which is an all-weather, space-based navigation system, was continuously developed by the United States Department of Defense (DoD) to meet the demand of the US military forces and accurately determine their position, velocity, and time in a standard reference system anywhere on or near the Earth. The deployment of GNSS-based Positive Train Control systems in the US has driven initial shipments within North America. Also, the presence of key GNSS manufacturers, including Qualcomm Incorporated, Broadcom Limited, Intel Corporation, and Skyworks Solutions, in the country is boosting the GNSS chip market.

North America GNSS Chip Market Company Profiles

Some of the key players operating in the market include Qualcomm Inc, Broadcom Inc, Septentrio NV, Trimble Inc, Furuno Electric Co Ltd, MediaTek Inc, STMicroelectronics NV, Skyworks Solutions Inc, u-blox Holding AG, and Quectel Wireless Solutions Co Ltd, among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.

North America GNSS Chip Market Research Methodology:

The following methodology has been followed for the collection and analysis of data presented in this report:

Secondary Research

The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

• Company websites, annual reports, financial statements, broker analyses, and investor presentations.

• Industry trade journals and other relevant publications.

• Government documents, statistical databases, and market reports.

• News articles, press releases, and webcasts specific to companies operating in the market.

Note:

All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.

Primary Research

The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis and gain valuable insights. These research interviews are designed to:

• Validate and refine findings from secondary research.

• Enhance the expertise and market understanding of the analysis team.

• Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects.

Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:

• Industry stakeholders: Vice Presidents, business development managers, market intelligence managers, and national sales managers

• External experts: Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise