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GNSS Simulator Market Trends

Report ID: GMI8510
Published Date: Mar 2024
Report Format: PDF

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GNSS Simulator Market Trends

The development of autonomous vehicles leveraging GNSS technology is driving growth in the GNSS simulator industry. As the demand for precise positioning and navigation capabilities increases, there is a corresponding need for robust testing solutions to ensure the reliability and accuracy of GNSS receivers. For instance, in June 2023, Point One Navigation, a company offering precise location as a service for autonomous vehicles, expanded its precision location solutions in collaboration with Septentrio, a high-precision GNSS technology provider. Together, Septentrio and Point One extended the developer compatibility as per various demanding applications across industries such as industrial autonomy, precision agriculture, logistics and delivery as well as robots and autonomous vehicles.

Military and defense applications are fostering lucrative growth for the GNSS simulator market. With the increasing reliance on GNSS technology for mission-critical operations, defense organizations require robust testing solutions to evaluate the performance & resilience of GNSS receivers under diverse operational environments and potential threats. GNSS simulators enable comprehensive testing of navigation systems including assessment of jamming resistance, spoofing detection, and anti-spoofing capabilities. As defense budgets continue to rise worldwide, the demand for advanced GNSS simulation technology is expected to grow, driving significant revenue opportunities for GNSS simulator manufacturers.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market for GNSS simulator was valued at USD 201.8 million in 2023 and is estimated to register over 9% CAGR between 2024 & 2032 owing to increasing investments in GNSS IoT radio chip development.

In 2023, the multi-channel segment accounted for a market share of around 60% and is expected to cross USD 250 million by 2032 driven by their ability to provide improved accuracy and precision, alongside increased signal diversity.

North America market share was around 43% in 2023 and will grow significantly through 2032 owing to the government initiatives & investments aimed at promoting the adoption & integration of GNSS technology in various sectors including transportation, disaster management, and urban planning.

Averna, Hexagon AB, Keysight Technologies Inc., M3 Systems, Rohde & Schwarz GmbH & Co KG, Safran, Spirent Communications, Syntony GNSS, u-blox, and Vaivi Solutions.