United States GNSS Chip Market Trends, Share, Size, Demand, Revenue and Future Outlook
United States GNSS Chip Market Growth, Size, Trends Analysis- By Device, By Application, By Vertical- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Nov-2024 | Report ID: SEMI2432 | Pages: 1 - 109 | Formats*: |
| Category : Semiconductor and Electronics | |||
United States GNSS Chip Market Introduction and Overview
According to SPER Market Research, the United States GNSS Chip Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the United States GNSS Chip Market, including market size and trends, product mix, applications, and supplier analysis. Constellations of Earth-orbiting satellites that broadcast their positions in space and time, networks of ground control stations, and receivers that use trilateration to determine ground positions are all part of the Global Navigation Satellite Systems (GNSS). All modes of transportation, including mass transit, rail, road, space stations, aircraft, and the sea, employ GNSS. In many fields, including telecommunications, land surveying, emergency response, law enforcement, precision agriculture, mining, finance, and scientific research, positioning, navigation, and timing (PNT) are essential. They are employed to regulate electricity grids, computer networks, and air traffic, among other things. Simply put, any constellation of satellites that offers positioning, navigation, and timing (PNT) services on a global or regional scale is referred to as the Global Navigation Satellite System (GNSS).
- October 2021: In order to provide the positioning market with cutting-edge GNSS chipsets and modules, STMicroelectronics unveiled Teseo-VIC3DA, a new member of the Teseo module family. The automotive 6-axis MEMS inertial measurement unit (IMU) and dead reckoning software are combined with ST's high-performance Automotive Teseo III GNSS1 IC to create the straightforward, automotive-qualified navigation module Teseo-VIC3DA.
- September 2021: The BCM4778 is a low power L1/L5 GNSS receiver chip designed for wearable and mobile devices, according to Broadcom Inc. Thanks to the most recent advancements in GNSS, the third-generation chip is 35% smaller and consumes five times less power than the previous version.
Market Opportunities and Challenges
Opportunities- With prospects in industrial applications, consumer electronics, surveying, and mapping, the US GNSS chip market is anticipated to expand over the next several years. The demand for location-based services, which depend on GNSS chips for precise tracking and navigation, has surged due to the rising popularity of smartphones, tablets, and wearable technology. The need for GNSS chips has increased due to the growing use of the Internet of Things (IoT) in industrial applications such supply chain logistics, fleet management, and asset tracking. GNSS technology are being utilised more and more for mapping and surveying purposes, including tracking unknown areas for mining, agriculture, and construction.
Challenges- The main obstacles are the expensive price of GNSS chips and security issues. The cost of GNSS chips is significant for high-precision applications. Small enterprises find it difficult to adopt technology, which limits GNSS chips' market expansion. Because of natural barriers including mountains, trees, and buildings, coverage is frequently restricted in a number of locations. This limits the usage of GNSS technology and affects the accuracy of location data. Additionally, there are alternative technologies on the market that impede this market's growth, such as Bluetooth and WiFi-based technologies. Such alternative technologies can provide higher accuracy at a lower cost in a few situations. Regarding cybersecurity, the use of GNSS technology presents challenges for employees in national security and defence organisations.
Market Competitive Landscape
The United States GNSS Chip Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Qualcomm Incorporated, Broadcom Limited, STMicroelectronics NV, MediaTek Inc., Intel Corporation, U-Blox Holding AG, Skyworks Solutions Inc., Furuno Electric Co. Ltd., Quectel Wireless Solutions Co. Ltd, Others.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Device, By Application, By Vertical |
| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region |
| Companies Covered | Qualcomm Incorporated, Broadcom Limited, STMicroelectronics NV, MediaTek Inc., Intel Corporation, U-Blox Holding AG, Skyworks Solutions Inc., Furuno Electric Co. Ltd., Quectel Wireless Solutions Co. Ltd, Others. |
COVID-19 Impact on United States GNSS Chip Market
The US GNSS chip market was greatly influenced by the COVID-19 pandemic. Production was hindered by early lockdowns and supply chain interruptions, which had an impact on GNSS chip availability across industries. But as the pandemic spread, GNSS technology became more crucial for assisting with logistics and public health campaigns. Devices with GNSS capabilities were commonly used to track contacts, monitor quarantine compliance, and make it easier to provide necessities, particularly in rural areas. Growth was also fuelled by an increase in demand for location-based services in the healthcare industry and supply chain optimisation. Additionally, the use of GNSS technology increased as autonomous systems in transportation and last-mile delivery grew. This change sped up the development and uptake of GNSS chips, setting up the market for robust post-pandemic recovery and expansion.
Key Target Audience:
- Automotive Manufacturers
- Defense and Military Organizations
- Smartphone and Wearable Manufacturers
- Agriculture and Farming Enterprises
- Telecommunication Companies
- Logistics and Supply Chain Companies
- Construction and Infrastructure Firms
- Healthcare Providers and Public Health Agencies
- Mapping and GIS Services
Our in-depth analysis of the United States GNSS Chip Market includes the following segments:
| By Device: | |
| By Application: | |
| By Vertical: |
Key Topics Covered in the Report:
- United States GNSS Chip Market Size (FY’2024-FY’2033)
- Overview of United States GNSS Chip Market
- Segmentation of United States GNSS Chip Market by Device (Smartphones, Tablets, Personal Navigation Devices, In-Vehicle systems, Others)
- Segmentation of United States GNSS Chip Market by Application (Navigation and Location-Based Services, Mapping and Surveying, Telematics, Timing and Synchronization, Others)
- Segmentation of United States GNSS Chip Market by Vertical (Consumer Electronics, Automotive and Transportation, Military and Defense, Marine, Others)
- Statistical Snap of United States GNSS Chip Market
- Expansion Analysis of United States GNSS Chip Market
- Problems and Obstacles in United States GNSS Chip Market
- Competitive Landscape United State GNSS Chip Market
- Impact of COVID-19 and Demonetization United States GNSS Chip Market
- Details on Current Investment in United States GNSS Chip Market
- Competitive Analysis of United States GNSS Chip Market
- Prominent Players in the United States GNSS Chip Market
- SWOT Analysis of United States GNSS Chip Market
- United States GNSS Chip Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the United States GNSS Chip Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States GNSS Chip Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States GNSS Chip Market
7. United States GNSS Chip Market, By Device (USD Million) 2020-2033
7.1. United States GNSS Chip Market Size, Share and Forecast, By Device, 2020-20267.2. United States GNSS Chip Market Size, Share and Forecast, By Device, 2027-20337.3. Smartphones7.4. Tablets7.5. Personal Navigation Devices7.6. In-Vehicle systems7.7. Others
8. United States GNSS Chip Market, By Application (USD Million) 2020-2033
8.1. United States GNSS Chip Market Size, Share and Forecast, By Application, 2020-20268.2. United States GNSS Chip Market Size, Share and Forecast, By Application, 2027-20338.3. Navigation and Location-Based Services8.4. Mapping and Surveying8.5. Telematics8.6. Timing and Synchronization8.7. Others
9. United States GNSS Chip Market, By Vertical (USD Million) 2020-2033
9.1. United States GNSS Chip Market Size, Share and Forecast, By Vertical, 2020-20269.2. United States GNSS Chip Market Size, Share and Forecast, By Vertical, 2027-20339.3. Consumer Electronics9.4. Automotive and Transportation9.5. Military and Defense9.6. Marine9.7. Others
10. United States GNSS Chip Market Forecast, 2020-2033 (USD Million)
10.1. United States GNSS Chip Market Size and Market Share
11. United States GNSS Chip Market, By Region, 2020-2033 (USD Million)
11.1. United States GNSS Chip Market Size and Market Share By Region (2020-2026)11.2. United States GNSS Chip Market Size and Market Share By Region (2027-2033)11.3. Eastern Region11.4. Western Region11.5. Northern Region11.6. Southern Region
12. Company Profile
12.1. Qualcomm Incorporated
12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments12.2. Broadcom Limited12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments12.3. STMicroelectronics NV12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments12.4. MediaTek Inc.12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments12.5. Intel Corporation12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments12.6. U-Blox Holding AG12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments12.7. Skyworks Solutions Inc.12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments12.8. Furuno Electric Co. Ltd12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments12.9. Quectel Wireless Solutions Co. Ltd.12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments12.10. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
United States GNSS Chip Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
United States GNSS Chip Market grew in Market size from 2024. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
United States GNSS Chip Market CAGR of XX% during the forecast period.
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United States GNSS Chip Market size is USD XX billion from 2024 to 2033.
United States GNSS Chip Market is covered By Device, By Application and By Vertical
The North America is anticipated to have the highest Market share in the United States GNSS Chip Market.
The Key players in the Market include Companies Covered Qualcomm Incorporated, Broadcom Limited, STMicroelectronics NV, MediaTek Inc., Intel Corporation, U-Blox Holding AG, Skyworks Solutions Inc., Furuno Electric Co. Ltd., Quectel Wireless Solutions Co. Ltd, Others.
The high cost of advanced diabetes drugs and the financial burden of treating diabetes remain major obstacles to market growth, despite the fact that numerous drugs have been approved for the condition and that governments and industry players are launching numerous initiatives.
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