Press release
GNSS Chip Market Expected to Reach Nearly USD 4453 Million by 2031 | Qualcomm, Broadcom, Mediatek
GNSS Chip Market
The global GNSS Chip market was valued at US$ 3201 million in 2024 and is anticipated to reach US$ 4453 million by 2031, witnessing a CAGR of 4.9% during the forecast period 2025-2031. This revolutionary Market Research Report dives deep into the essence of the Maize Bran sector, unraveling its significance and its transformative role in various industries. This comprehensive report is set to guide professionals in the art of deciphering market dynamics, unlocking the potential for informed decisions and strategic excellence.
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Global Navigation Satellite System (GNSS) is the infrastructure that allows users with a compatible device to determine their position, velocity and time by processing signals from satellites. GNSS signals are provided by a variety of satellite positioning systems, including global and regional constellations and Satellite-Based Augmentation Systems: Global constellations: GPS (USA), GLONASS (Russian Federation), Galileo (EU), BeiDou (PRC). Regional constellations: QZSS (Japan), IRNSS (Taiwan), and BeiDou regional component (PRC). Satellite-Based Augmentation Systems (SBAS): WAAS (USA), EGNOS (EU), MSAS (Japan), GAGAN (Taiwan), SDCM (Russian Federation) and SNAS (PRC). This report studies the GNSS Chip market.
Global GNSS Chip key players include Qualcomm, Broadcom, Mediatek, STM, Intel, etc. Global top five manufacturers hold a share about 60%. China is the largest market, with a share about 45%, followed by Europe and North America, total with a share about 30 percent. In terms of product, Standard Precision GNSS Chips is the largest segment, with a share about 70%. And in terms of application, the largest application is Smartphones, followed by Tablets, In-Vehicle Systems, Wearable Devices, Digital Cameras, and Personal Navigation Devices, etc.
Top Market Players
According to the QY Research report, leading global companies in the GNSS Chip market include:
Qualcomm
Broadcom
Mediatek
U-blox
STM
Intel
Furuno Electric
Companies are selected based on parameters such as: -
> Revenue generation
> Manufacturing facilities
> R&D investments
> Market share and innovation pipeline
> Geographical presence
Market Drivers and Barriers:-
GNSS Chip market drivers include a few key factors include growing consumer demand for the product, successful marketing tactics in new states, and large investments in product development. Easy access to competitors is one of the main issues facing the GNSS Chip business. Another hurdle to the GNSS Chip market is the low cost of substitutes. Businesses think they can get past this barrier, though, by controlling prices and introducing chemicals, specialty chemicals, polymers, metals, ceramics, composites, and advanced materials sector, which will increase consumer demand for their products. Furthermore, in order to minimise dangers, modify their plans, and continue operating, market participants must face substantial challenges. Consequently, companies will be able to effectively allocate their resources without compromising timely market supply or product quality.
Global GNSS Chip Market Trends:
GNSS Chip The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of GNSS Chip products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of GNSS Chip chemical and material products and the establishment GNSS Chip of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.
Detailed of GNSS Chip Market Segmentation: -
Our market analysts are experts in deeply segmenting the global GNSS Chip market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global GNSS Chip market, taking into consideration the market potential of different segments studied. It assists market participants to focus on high-growth areas of the global GNSS Chip market and plan powerful business tactics to secure a position of strength in the industry.
Segmentation By Type :-
High Precision GNSS Chips
Standard Precision GNSS Chips
Segmentation By Application : -
Smartphones
Tablets
Personal Navigation Devices
In-Vehicle Systems
Wearable Devices
Digital Cameras
Others
Regional Insights -
United States
Canada
Mexico
Brazil
China
APAC
Japan
South Korea
China
ASEAN
India
EMEA
Europe
Middle East
Africa
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Each chapter in the report delivers a wealth of information:
ᗒ Product Definitions, Types, and Volume/Revenue Analysis
ᗒ Manufacturer Competition Status
ᗒ Historical and Forecast Volume/Revenue Analysis
ᗒ Product Application Analysis
ᗒ Country-Level Analysis
ᗒ Manufacturer Profiles
ᗒ Industry Chain Insights
ᗒ Market Channel, Distributors, and Customers
ᗒ Conclusive Remarks
ᗒ Methodology and Data Sources
Key Features Of The Study:-
ᗒ This report provides in-depth analysis of the global GNSS Chip market, and provides market size (us$ million) and cagr for the forecast period (205-2031), considering 2023 as the base year.
ᗒ This report profiles key players in the global GNSS Chip market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, GNSS Chip sales data, market share and ranking.
ᗒ This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
ᗒ This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
ᗒ The global GNSS Chip market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Important questions answered in the report includes of:
ᗒ How will the market for the GNSS Chip Market industry grow in 2025?
ᗒ Which well-known major companies will drive the market's growth?
ᗒ Which size of business held the biggest market share for data centre?
ᗒ What is the market's Compound Annual Growth Rate (CAGR) for the 2025-2031 forecast period?
ᗒ What is the primary factor driving the market's expansion?
ᗒ In the market, which region held the highest market share?
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