GNSS Chip Market Size, Share, and COVID Impact Analysis, By Devices (Smartphones, Wearables, Tablets, In-Vehicle systems, Drones, and Personal Navigation), By Applications (Location-based Services, Mapping, Navigation, Asset Tracking, Telematics, and Others (Timing and Synchronization)), By End-user Industry (Aerospace and Defense, Automotive, Consumer Electronics, and Others (Construction)), Regional Forecast, 2024-2032

Global Navigation Satellite System (GNSS) is a collection of satellites delivering signals from space, transmitting time and position information to connected sensors of receivers. GNSS chip is a highly incorporated GNSS receiver IC that offers velocity, precise time, and user location data by handling the signals broadcasted through several GNSS satellites.

GNSS chip offers navigation, actual-time tracking, and other machine tracking features, thereby enhancing applications of IoT devices. Hence, as the penetration of IoT devices is increasing, the demand for satellite system-based tracking devices is also growing gradually. For instance,

• In June 2022, Quectel announced the launch of GNSS modules, LC29H dual-band multi-collection, and LC76G single-band compacted GNSS module with quick, accurate location and lower power consumption performance. The new modules with better positioning are compatible with several IoT applications. 

Hence, increasing IoT adoption, location tracking, security, navigation, mapping, and others contribute to the future growth of GNSS chips in the market.

Impact of COVID-19 on GNSS Chip Market:

Satellite positioning and navigation data have been important in fighting against the COVID-19 virus all across the world. GNSS chips, combined with other technologies, such as cell ID positioning, 5G, radio frequency, and others, have been implemented worldwide for quarantine monitoring, assisting healthcare services, and social distance measures. For instance,

• The GNSS application for quarantine enforcement and monitoring was used in South Korea. The government made it mandatory for citizens entering the country to download the self-quarantine application. The application connected those in quarantine with a selected case officer, who checked in with persons twice daily.

Such implementations of GNSS systems contributed towards the recovery from the pandemic, thus increasing the demand for GNSS chips in the coming years.

Key Insights: 

The report will cover the following key insights:

• Micro Macro Economic Indicators


• Drivers, Restraints, Trends, and Opportunities        


• Business Strategies Adopted by the Players


• Impact of COVID-19 on the GNSS Chip market  

Analysis by Devices:

GNSS chips can be used in various devices, such as smartphones, tablets, wearables, in-vehicle systems, etc. Smartphones account for the highest market share with increasing usage of smartphones and rising connectivity with 5G.

The rising number of smartphones aids dual-frequency capacities on the L5 and L1 bands, generating more precise measurements and eliminating multipath alterations. Such advancements drive high-accuracy positioning mechanisms from professional devices to bulk-market smartphones. Hence, major variety of smartphones are installed with GNSS receivers.

• In December 2020, U-blox signed a deal with UK-based start-up, FocalPoint for high-precision GNSS smartphone technology. The technology improves the reliability and accuracy of GNSS-based devices.

Regional Analysis:

The GNSS Chip market is distributed into five regions: North America, the Middle East & Africa, South America, Asia Pacific, and Europe.

Asia Pacific holds the highest market share in the GNSS Chip market. Countries such as China, Japan, and South Korea contribute to the region’s market share growth. The region has the highest growth for applications of GNSS chips in automotive, in-vehicle systems, and smartphones for various uses. Moreover, increasing spending on defense and security by countries like India and China is one of the factors for market expansion. Thus, there is an increase in demand for GNSS chips in the region.

GNSS data has been united with other technologies to aid procedures such as the location of both masks and local health-related facilities. Various examples of the technology across Asia-Pacific include MapMyIndia of India, South Korea’s Corona Map, and the Pharmacy Locator app in Taiwan, etc. Such advancements contribute to the growth of GNSS technology in the region.

The distribution of the GNSS Chip market by region is as follows:

• North America – 25%


• South America – 10%


• Europe – 20%


• The Middle East and Africa – 10%


• Asia-Pacific – 35%

Key Players:

The report will include key players such as Qualcomm Technologies, Inc., Broadcom Corporation, Mediatek Inc., Intel Corporation, STMicroelectronics N.V., Thales Group, Hemisphere GNSS, Skyworks Solutions Inc., U-blox Holdings AG, Trimble Navigation, FURUNO, and others.

Segmentation:

Key Industry Developments:

• March 2022: Trimble, in collaboration with Qualcomm Technologies, Inc., announced the readiness of GNSS technology, Trimble RTX, for Snapdragon 8 and Snapdragon 888 smartphone platforms. The technology supports location abilities in premium Android smartphones globally.


• September 2021: Broadcom announced the launch of a low-power GNSS receiver chip, L1/L5, for wearable applications and smartphones. The chip is fortified with GNSS advancements, is 35% smaller, and consumes five times reduced power than the earlier generation.