위성 내비게이션 시스템 시장 성장 기회, 성장 촉진요인, 산업 동향 분석 및 예측(2024-2032년)

The Global Satellite Navigation System Market was worth USD 60.7 billion in 2023 and will grow at a CAGR of 4.5% between 2024 and 2032, propelled by increased demand for GPS services and the expansion of automotive applications. As consumers increasingly rely on GPS for personal navigation and logistics, the need for accurate and reliable positioning services grows. Also, the integration of satellite navigation systems in vehicles enhances functionalities such as real-time traffic updates, route optimization, and autonomous driving capabilities. This synergy between consumer demands and automotive innovations is propelling the market, paving the way for future advancements and growth.

The satellite navigation system industry is segregated based on solution, constellation, orbit type, end-user, and region. The low earth orbit (LEO) segment will hold 6% CAGR by 2032, owing to its ability to provide enhanced accuracy and reduced latency. LEO satellites operate closer to the Earth, allowing for more precise positioning and faster signal transmission compared to traditional geostationary satellites. The increasing deployment of LEO satellite constellations by various companies is driving innovation in navigation services.

As industries demand higher reliability and performance, the LEO segment will see substantial growth in the satellite navigation landscape. The services segment will reach USD 70 billion by 2032, attributed to the increasing demand for value-added features and real-time data. As industries seek to enhance operational efficiency, services such as location-based solutions, navigation assistance, and fleet management are becoming essential. Moreover, advancements in technology enable service providers to offer innovative solutions, including personalized navigation and traffic updates.

The growing reliance on satellite navigation for applications in transportation, logistics, and emergency response further drives the prominence of the services segment. North America satellite navigation system market achieved a 30% share in 2023, fueled by advanced technological infrastructure and high consumer demand. The region's strong automotive sector significantly contributes to the integration of GPS systems in vehicles, enhancing navigation and fleet management solutions. Additionally, the presence of key players in satellite technology and defense industries bolsters innovation and development.Government initiatives supporting navigation system advancements and the growing popularity of smart devices further solidify North America's position as a central contributor to the market's growth.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definition
• 1.2 Base estimates & calculations
• 1.3 Forecast calculation
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources

Chapter 2 Executive Summary

• 2.1 Industry 360° synopsis, 2021-2032

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
• 3.2 Vendor matrix
• 3.3 Profit margin analysis
• 3.4 Technology & innovation landscape
• 3.5 Patent analysis
• 3.6 Key news and initiatives
• 3.7 Regulatory landscape
• 3.8 Impact forces
  • 3.8.1 Growth drivers
    • 3.8.1.1 Modernization of global navigation satellite systems (GNSS)
    • 3.8.1.2 The proliferation of autonomous vehicles
    • 3.8.1.3 Expansion of regional navigation satellite systems (RNSS)
    • 3.8.1.4 Rising demand for accurate positioning and timing solutions
    • 3.8.1.5 Growth in government and defense investments
  • 3.8.2 Industry pitfalls & challenges
    • 3.8.2.1 High costs associated with the development and deployment of the satellite navigation system
    • 3.8.2.2 Regulatory and spectrum management issues
• 3.9 Growth potential analysis
• 3.10 Porter's analysis
  • 3.10.1 Supplier power
  • 3.10.2 Buyer power
  • 3.10.3 Threat of new entrants
  • 3.10.4 Threat of substitutes
  • 3.10.5 Industry rivalry
• 3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Solution, 2021-2032 (USD Million)

• 5.1 Key trends
• 5.2 System
• 5.3 Services

Chapter 6 Market Estimates & Forecast, By Constellation, 2021-2032 (USD Million)

• 6.1 Key trends
• 6.2 Global navigation satellite systems (GNSS)
  • 6.2.1 GPS (Global Positioning System)
  • 6.2.2 GLONASS (Global Navigation Satellite System)
  • 6.2.3 Galileo
• 6.3 Regional navigation satellite systems (RNSS)
• 6.4 Satellite-Based Augmentation Systems (SBAS)

Chapter 7 Market Estimates & Forecast, By Orbit Type, 2021-2032 (USD Million)

• 7.1 Key trends
• 7.2 Low earth orbit (LEO)
• 7.3 Medium earth orbit (MEO)
• 7.4 Geostationary orbit (GEO)

Chapter 8 Market Estimates & Forecast, By End-User, 2021-2032 (USD Million)

• 8.1 Key trends
• 8.2 Government
• 8.3 Commercial
• 8.4 Military and defense

Chapter 9 Market Estimates & Forecast, By Region, 2021-2032 (USD Million)

• 9.1 Key trends
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
• 9.3 Europe
  • 9.3.1 UK
  • 9.3.2 Germany
  • 9.3.3 France
  • 9.3.4 Italy
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 India
  • 9.4.3 Japan
  • 9.4.4 South Korea
  • 9.4.5 ANZ
  • 9.4.6 Rest of Asia Pacific
• 9.5 Latin America
  • 9.5.1 Brazil
  • 9.5.2 Mexico
  • 9.5.3 Rest of Latin America
• 9.6 MEA
  • 9.6.1 UAE
  • 9.6.2 South Africa
  • 9.6.3 Saudi Arabia
  • 9.6.4 Rest of MEA

Chapter 10 Company Profiles

• 10.1 Airbus
• 10.2 Broadcom, Inc.
• 10.3 FURUNO ELECTRIC CO.,LTD.
• 10.4 Garmin Ltd.
• 10.5 Hemisphere GNSS, Inc.
• 10.6 Hexagon AB
• 10.7 Honeywell International Inc.
• 10.8 Iridium Communications Inc.
• 10.9 L3Harris Technologies, Inc.
• 10.10 Lockheed Martin Corporation
• 10.11 NORTHROP GRUMMAN
• 10.12 OHB SE
• 10.13 Qualcomm Technologies, Inc.
• 10.14 RTX Corporation
• 10.15 Saab AB
• 10.16 STMicroelectronics
• 10.17 Texas Instruments Incorporated.
• 10.18 Thales Group
• 10.19 Topcon Positioning Systems, Inc.
• 10.20 Trimble Inc.