Home > Automotive > Automotive Technology > Vehicle Safety and Security > Automotive GNSS Chip Market

Automotive GNSS Chip Market Size

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

Download Free Sample

Automotive GNSS Chip Market Size

The global automotive GNSS Chip market size was valued at USD 3 billion in 2024 and is projected to grow at a CAGR of 5.1% between 2025 and 2034. The rising adoption of Advanced Driver Assistance Systems (ADAS) is fueling the demand for GNSS chips in the automotive sector. Advanced Driver Assistance System (ADAS) Market size was valued at USD 38.1 billion in 2023 and is estimated to register a CAGR of 17% between 2024 and 2032.

To get key market trends

Download Free Sample

Features like lane departure warnings and adaptive cruise control depend on the precise positioning and real-time data that GNSS technology offers. With regulations pushing for road safety and automakers making ADAS standard in new models, the demand for high-performance GNSS chips has surged. These chips, offering centimeter-level accuracy, bolster ADAS functionality and reliability. This trend is especially pronounced in developed markets, driving GNSS chip uptake in both passenger and commercial vehicles.

Automotive GNSS Chip Market Report Attributes
Report Attribute	Details
Base Year:	2024
Automotive GNSS Chip Market Size in 2024:	USD 3 Billion
Forecast Period:	2025 - 2034
Forecast Period 2025 - 2034 CAGR:	5.1%
2034 Value Projection:	USD 4.8 Billion
Historical Data for:	2021 – 2024
No. of Pages:	180
Tables, Charts & Figures:	210
Segments covered:	Vehicle, Technology, Application, Sales Channel
Growth Drivers:	Rising demand for ADAS and autonomous driving solutions Increasing integration of GNSS in vehicle telematics Expanding adoption of connected vehicle technologies Growth in electric vehicles requiring precise navigation
Pitfalls & Challenges:	High cost of advanced GNSS chip technologies Data accuracy issues in dense urban environments

Learn more about the key segments shaping this market

Download Free Sample

Automotive GNSS chips are increasingly supporting multiple satellite constellations, such as GPS, GLONASS, Galileo, and BeiDou, to enhance accuracy and reliability. Multi-constellation chips minimize signal disruptions by accessing a broader range of satellites, ensuring uninterrupted performance in diverse geographical and environmental conditions. This trend aligns with the rising demand for precise positioning in autonomous vehicles and connected car ecosystems. By leveraging multi-constellation support, automakers can offer superior navigation and location-based services, particularly in challenging terrains or dense urban settings, driving adoption across the global automotive sector.

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.