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GPS & GNSS Receivers Market to Witness Major Growth by 2028 | Trimble, Topcon, Garmin

GPS & GNSS Receivers Market

According to HTF MI, “Global GPS & GNSS Receivers Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2029”. The Global GPS & GNSS Receivers Market is anticipated to grow at a compound annual growth rate (CAGR) of xx% from 2023 to 2028, reaching USD xx Million in 2023 and USD xx Million by 2028.

The GPS (Global Positioning System) and GNSS (Global Navigation Satellite System) receivers market refers to the industry segment that involves the development, manufacturing, and distribution of devices capable of receiving and processing signals from satellite navigation systems to determine precise location, velocity, and time information. These receivers play a crucial role in various applications that require accurate positioning and navigation data.

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Key and developing players who have been highlighted as part of the coverage include Trimble Inc. (United States), Topcon Corporation (Japan), Garmin Ltd. (United States), Hexagon AB (Sweden), Leica Geosystems AG (Switzerland), NovAtel Inc. (Canada), Sokkia Co. Ltd. (Japan), South Surveying & Mapping Instrument Co. Ltd. (China), u-blox Holding AG (Switzerland), Hemisphere GNSS Inc. (United States). Additionally, other players that are part of this detailed analysis are Septentrio NV (Belgium), JAVAD GNSS Inc. (United States), ComNav Technology Ltd. (China), Tersus GNSS Inc. (China), Geneq Inc. (Canada), Hi-Target Surveying Instrument Co. Ltd. (China), CHC Navigation (China), Eos Positioning Systems Inc. (Canada), Emlid Ltd. (United Kingdom), Bad Elf (United States).

Market Drivers

  • Increasing Demand for Location-Based Services and Rising Emphasis on Precision Agriculture are some of the drivers for GPS & GNSS Receivers market.

Market Trend

  • Multi-Constellation and Multi-Frequency Receivers followed by Real-Time Kinematic (RTK) and Precise Point Positioning (PPP) are some of the trends in GPS & GNSS Receivers market.

Market Restraints

  • Signal Interference and Jamming followed by Multipath Effects are some of the restraints faced by GPS & GNSS Receivers market.

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Key Market Segmentation:

The report has categorized the GPS & GNSS Receivers market based on type, distribution channel, and region.

Market Breakdown by Applications: 

  • Consumer GPS/GNSS Receivers
  • Survey-grade GPS/GNSS Receivers
  • Agricultural GPS/GNSS Receivers
  • Aviation GPS/GNSS Receivers
  • Others

Market Breakdown by Types:

  • Navigation and Wayfinding
  • Mapping and Geographic Information Systems (GIS)
  • Construction and Civil Engineering
  • Others

Report Scope

The Market size value in 2023 (USD xx Million)

Revenue Forecast by 2033 (USD xx Million)
Growth Rate  CAGR Of  (xx%)

Historical Years (2018-2022)
Base Year (2022)
Estimated Year (2023)
Short-Term Projection Year (2028)

Geographically, this report is segmented into some key Regions, with manufacture, depletion, revenue (million USD), and market share and growth rate of GPS & GNSS Receivers in these regions, from 2018 to 2028 (forecast), covering China, USA, Europe, Japan, Korea, India, Southeast Asia & South America and its Share (%) and CAGR for the forecasted period 2023 to 2028

Note:
With the help of the Growth Overview Charts, Historical Period Analysis, Forecast Period Analysis, Main Market Segmentation, Leading Key Market Players, TOC, List of Figures, and List of Tables in this report, you can get a thorough overview of the market.

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Competitive Landscape:

Along with studying the profiles of the key players, the industry’s competitive environment has also been examined. Players profiled are Trimble Inc. (United States), Topcon Corporation (Japan), Garmin Ltd. (United States), Hexagon AB (Sweden), Leica Geosystems AG (Switzerland), NovAtel Inc. (Canada), Sokkia Co. Ltd. (Japan), South Surveying & Mapping Instrument Co. Ltd. (China), u-blox Holding AG (Switzerland), Hemisphere GNSS Inc. (United States). Additionally, other players that are part of this detailed analysis are Septentrio NV (Belgium), JAVAD GNSS Inc. (United States), ComNav Technology Ltd. (China), Tersus GNSS Inc. (China), Geneq Inc. (Canada), Hi-Target Surveying Instrument Co. Ltd. (China), CHC Navigation (China), Eos Positioning Systems Inc. (Canada), Emlid Ltd. (United Kingdom), Bad Elf (United States)

Key highlights of the report:                                                    

  • GPS & GNSS Receivers Market Performance (2018-2022)
  • GPS & GNSS Receivers Market Outlook (2023-2028)
  • GPS & GNSS Receivers Market Trends
  • GPS & GNSS Receivers Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

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