내비게이션 위성 시스템 시장 예측 : 위성 기술별, 용도별, 지역별 세계 분석(-2030)

According to Stratistics MRC, the Global Navigation Satellite System Market is accounted for $312.31 billion in 2024 and is expected to reach $600.12 billion by 2030 growing at a CAGR of 11.5% during the forecast period. A navigation satellite system (GNSS) is a worldwide network of satellites and ground-based stations that are intended to give users on the surface of the Earth precise position, navigation, and timing data. Applications for GNSS technology are numerous and include emergency services, science, military, and GPS navigation in automobiles, airplanes, and smartphones. The system uses trilateration to determine exact locations by using signals sent by satellites in space and picked up by devices on the ground. Ground control stations, user receivers, and satellites are essential parts of GNSS. Moreover, GNSS has become essential to modern life due to ongoing advancements in satellite technology, which improve navigation accuracy and support vital infrastructure globally.

According to the International GNSS Service (IGS), they publish a wide range of GNSS analysis products derived from satellite data collected from a network of over 500 ground stations worldwide.

Market Dynamics:

Driver:

Growing need for precise navigation and positioning services

Construction, mining, and agriculture are among the industries that rely on GNSS systems for precision in fieldwork and machinery operation. Accurate GNSS systems facilitate the efficient deployment of equipment, resource management, and operation monitoring. As a result of the increase in mobile applications and services that require real-time location data, industries are constantly pushing for higher accuracy in navigation and positioning. Additionally, accurate GNSS systems have led to the development of advanced systems like Real-Time Kinematic (RTK) GNSS, which provides centimeter-level accuracy.

Restraint:

Signal jamming and interference

Signal interference and jamming, which can interfere with the satellite signals required for navigation, are major problems for GNSS systems. Natural elements like atmospheric conditions (such as solar storms) and man-made elements like radio frequency interference and intentional jamming can both interfere with GNSS signals. Signal disruption can result in operational inefficiencies, elevated risks, and even accidents in vital industries like transportation, aviation, and the military. Furthermore, many governments and businesses are investing in anti-jamming technologies to combat this, but interference risk is still a significant worry that could impede GNSS's performance and broad adoption.

Opportunity:

Growth in consumer and business applications

GNSS systems have enormous potential in consumer markets given the growing dependence on mobile applications for geospatial data, location-based services, and navigation. Numerous industries, including fitness, retail, transportation, and entertainment, are seeing new opportunities as a result of the widespread use of smartphones, wearables, and other connected devices that make use of GNSS technology. For instance, location-based services can be incorporated into apps for emergency response, shopping, and tourism, and GNSS-enabled fitness trackers and smart watches can track outdoor activities with extreme precision. Moreover, companies that is able to use GNSS data effectively will be in a position to grow as customer expectations for convenience and tailored experiences increase.

Threat:

Regulatory concerns and geopolitical tensions

Due to their strong ties to geopolitical factors and national interests, GNSS systems may not be widely adopted or operated without risk. For instance, as demonstrated by military countermeasures against GPS signals, geopolitical tensions may result in limitations on satellite access or even the deliberate interference of satellite signals by adversary countries. Furthermore, regional GNSS systems like BeiDou (China) and Galileo (Europe) may make international cooperation more difficult by creating regulatory obstacles or incompatibilities. The market may become more fragmented if nations give priority to their own GNSS systems over international ones.

Covid-19 Impact:

The market for GNSSs was significantly, though unevenly, impacted by the COVID-19 pandemic. Due to limited mobility and slowed commercial activity, the worldwide lockdowns and travel restrictions temporarily reduced demand for GNSS services in industries like aviation, tourism, and logistics. However, in critical industries like healthcare, emergency services, and supply chain management, where precise location data became crucial for sustaining operations and guaranteeing public safety, the pandemic highlighted the significance of GNSS technology. Growing dependence on digital solutions for contactless delivery, e-commerce, and remote work also increased demand for location-based services, propelling expansion in industries like IoT applications, autonomous vehicles, and geospatial mapping.

The Global Positioning System (GPS) segment is expected to be the largest during the forecast period

The Global Positioning System (GPS) segment is expected to account for the largest market share during the forecast period. GPS is a key component of the Global Navigation Satellite System (GNSS) and is widely used across various sectors, including automotive, consumer electronics, military, and aviation. The GPS system, which operates with a constellation of satellites, continues to expand its applications and capabilities, reinforcing its leading market share. Moreover, its widespread adoption and crucial role in applications such as fleet management, surveying, and geolocation-based services contribute significantly to its dominant position in the market.

The Location-Based Services (LBS) segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the Location-Based Services (LBS) segment is predicted to witness the highest growth rate. The primary driver of this growth is the growing need for location-based services across a number of industries, including consumer electronics, mobile applications, logistics, and transportation. The LBS market keeps growing as more and more gadgets, including smartphones and driverless cars, depend on precise location information. The segment's growth is also being aided by the incorporation of GPS technology into services like fleet management, ride-hailing, and geospatial analytics. Additionally, LBS is a major driver in the market for navigation satellite systems, and its adoption is anticipated to be further accelerated by developments in satellite-based technologies and the emergence of 5G networks.

Region with largest share:

During the forecast period, the North American region is expected to hold the largest market share, due to its widespread use of satellite navigation systems in location-based services, autonomous vehicles, aviation, and defense, the United States leads the market in particular. The region's strong technological ecosystem, which includes major players in satellite manufacturing and service providers, also contributes to its dominance. Furthermore, North America's significant market share is also a result of the continuing government efforts to upgrade satellite navigation infrastructure and the quick adoption of cutting-edge GNSS technologies.

Region with highest CAGR:

Over the forecast period, the Asia-Pacific (APAC) region is anticipated to exhibit the highest CAGR. The rising need for positioning and navigation services in quickly developing nations like China, India, and Japan is driving this expansion. The need for navigation systems is being driven by a number of factors, including the expansion of infrastructure projects, smart cities, autonomous vehicles, and the increasing use of mobile applications that rely on location-based services. Moreover, government programs like India's NavIC and China's BeiDou Navigation Satellite System are strengthening regional capabilities and hastening the growth of the NSS market in the APAC area.

Key players in the market

Some of the key players in Navigation Satellite System market include Broadcom Inc., ComNav Technology Ltd., Furuno Electric Co. Ltd., Garmin Ltd., Hexagon AB, Lockheed Martin Corporation, MediaTek Inc., Navtech GPS Inc, Qualcomm Technologies, Inc., Raytheon Technologies Corporation, SkyTraq Technology, Inc, STMicroelectronics N.V, TomTom NV, Topcon Corporation and Trimble Navigation Ltd.

Key Developments:

In January 2025, Broadcom Inc. has announced the termination of its existing credit agreement and the establishment of a new $7.5 billion unsecured revolving credit facility. The company made this strategic financial move, as part of its ongoing efforts to optimize its capital structure and support general corporate purposes.

In January 2025, Hexagon announced an agreement to acquire Septentrio NV, a leading provider of Global Navigation Satellite System (GNSS) technologies. The acquisition aims to advance innovation and expand the market reach of Resilient Assured Positioning solutions across diverse industries.

In October 2024, Garmin Ltd. announced it has acquired Lumishore, a privately-held company that designs and manufactures high-performance above and underwater LED lighting systems for boats. With over 15 years of experience, Lumishore offers premium LED lighting systems used on a variety of vessels from runabouts to superyachts.

Satellite Technologies Covered:

• Constellations
• Satellite-Based Augmentation Systems (SBAS)
• Global Positioning System (GPS)
• Global Navigation Satellite System (GLONASS)
• Galileo
• BeiDou

Applications Covered:

• Agriculture
• Aviation
• Location-Based Services (LBS)
• Maritime
• Road
• Rail
• Surveying
• Timing and Synchronization
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Navigation Satellite System Market, By Satellite Technology

• 5.1 Introduction
• 5.2 Constellations
  • 5.2.1 Global Constellations
  • 5.2.2 Regional Constellations
• 5.3 Satellite-Based Augmentation Systems (SBAS)
• 5.4 Global Positioning System (GPS)
• 5.5 Global Navigation Satellite System (GLONASS)
• 5.6 Galileo
• 5.7 BeiDou

6 Global Navigation Satellite System Market, By Application

• 6.1 Introduction
• 6.2 Agriculture
• 6.3 Aviation
• 6.4 Location-Based Services (LBS)
• 6.5 Maritime
• 6.6 Road
• 6.7 Rail
• 6.8 Surveying
• 6.9 Timing and Synchronization
• 6.10 Other Applications

7 Global Navigation Satellite System Market, By Geography

• 7.1 Introduction
• 7.2 North America
  • 7.2.1 US
  • 7.2.2 Canada
  • 7.2.3 Mexico
• 7.3 Europe
  • 7.3.1 Germany
  • 7.3.2 UK
  • 7.3.3 Italy
  • 7.3.4 France
  • 7.3.5 Spain
  • 7.3.6 Rest of Europe
• 7.4 Asia Pacific
  • 7.4.1 Japan
  • 7.4.2 China
  • 7.4.3 India
  • 7.4.4 Australia
  • 7.4.5 New Zealand
  • 7.4.6 South Korea
  • 7.4.7 Rest of Asia Pacific
• 7.5 South America
  • 7.5.1 Argentina
  • 7.5.2 Brazil
  • 7.5.3 Chile
  • 7.5.4 Rest of South America
• 7.6 Middle East & Africa
  • 7.6.1 Saudi Arabia
  • 7.6.2 UAE
  • 7.6.3 Qatar
  • 7.6.4 South Africa
  • 7.6.5 Rest of Middle East & Africa

8 Key Developments

• 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 8.2 Acquisitions & Mergers
• 8.3 New Product Launch
• 8.4 Expansions
• 8.5 Other Key Strategies

9 Company Profiling

• 9.1 Broadcom Inc.
• 9.2 ComNav Technology Ltd.
• 9.3 Furuno Electric Co. Ltd.
• 9.4 Garmin Ltd.
• 9.5 Hexagon AB
• 9.6 Lockheed Martin Corporation
• 9.7 MediaTek Inc.
• 9.8 Navtech GPS Inc
• 9.9 Qualcomm Technologies, Inc.
• 9.10 Raytheon Technologies Corporation
• 9.11 SkyTraq Technology, Inc
• 9.12 STMicroelectronics N.V
• 9.13 TomTom NV
• 9.14 Topcon Corporation
• 9.15 Trimble Navigation Ltd.