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Automotive GNSS Chip Market Share

Report ID: GMI12568
Published Date: Dec 2024
Report Format: PDF

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Automotive GNSS Chip Market Share

Automotive GNSS Chip Company Market Share, 2024

QUALCOMM, STMicroelectronics, u-blox, MediaTek, FURUNO, Unicore Communications, and LOCOSYS collectively held a significant market share of 42% in the automotive GNSS chip industry in 2024. Qualcomm is a major player in the automotive GNSS chip industry, leveraging its expertise in connected car ecosystems. The company offers advanced multi-constellation GNSS solutions integrated with 5G technology, enabling high-precision navigation and V2X communication.

Qualcomm’s Snapdragon Automotive platforms incorporate GNSS chips, catering to autonomous vehicles and telematics applications. Strategic collaborations with automakers and investments in R&D ensure continuous innovation. By focusing on scalability, reliability, and energy efficiency, Qualcomm strengthens its competitive position in the rapidly evolving automotive GNSS chip market.

STMicroelectronics excels in the automotive GNSS chip market by delivering robust and power-efficient solutions. Its Teseo GNSS platform supports multi-constellation positioning and advanced dead reckoning, ensuring precise navigation for connected vehicles. The company emphasizes innovation through collaborations with automotive OEMs, enabling seamless integration of GNSS technology in ADAS and autonomous vehicles. With a strong focus on safety and sustainability, STMicroelectronics combines chip designs with cost-effective manufacturing processes, solidifying its position as a trusted partner in the automotive GNSS chip ecosystem.

Automotive GNSS Chip Market Companies

Major players operating in the automotive GNSS Chip industry are:

FURUNO
LOCOSYS Technology
MediaTek
Qualcomm
Quectel Wireless Solutions
SkyTraq Technology
STMicroelectronics
Texas Instruments
u-blox Holding
Unicore Communications

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automotive GNSS chip reached USD 3 billion in 2024 and is set to grow at a 5.1% CAGR from 2025 to 2034, driven by the rising adoption of Advanced Driver Assistance Systems (ADAS).

The OEM segment held 71% of the automotive GNSS chip market share in 2024, with OEMs driving market growth through innovation and strategic partnerships.

The U.S. accounted for over 83% of the market share in 2024, supported by high adoption rates of advanced vehicle technologies and strong regulatory support for safety features.

The key players in the industry include FURUNO, LOCOSYS Technology, MediaTek, Qualcomm, Quectel Wireless Solutions, SkyTraq Technology, STMicroelectronics, Texas Instruments, u-blox Holding, and Unicore Communications.