The OEM GNSS Receiver Market was valued at USD 227.8 Million and is projected to reach a market size of USD 358.69 Million by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 6.7%.
In the past, OEM GNSS were primarily used for positioning and navigation purposes in the military and aviation sector for tracking and management of opponent’s sites, and weapons, and directing own systems towards them. However, with faster developments in technology, particularly GNSS technology, the application of OEM receivers based on GNSS technology increased to various other sectors for surveying, mapping, automotive positioning, asset tracking, and others. Moreover, the increased proliferation of smartphones and smart wearables further increased the usage of OEM chips for positioning and navigation purposes. In addition, structural changes in OEM GNSS receivers such as lightweight, compact size, and energy efficiency increased their usage in sensors, which provided improved accuracy and positioning in harsh environments. Moreover, sensors deployed in autonomous vehicles find increased usage of OEM GNSS receivers due to their ability to detect the surrounding path, obstacles around the vehicle, traffic congestion, and others. The future for OEM GNSS holds positive with increasing trends in 5G integration technologies and rising demand for receivers for space study and research.
Key Market Insights:
As per McKinsey and Company, Avs (autonomous vehicles can reduce road crashes by 90%, potentially leading to a saving of US $190 billion per year.
According to Statistics Canada, the Surveying & mapping Industry witnessed a 14.8% increase in operating revenue and accounted for US $ 2.5 billion in the year 2021.
According to Google Play Store, Google Maps accounts for over 10 billion downloads on Google Play store
OEM GNSS Receiver Market Drivers:
Increasing demand for precision and accuracy has boosted the demand for OEM GNSS receivers in the market.
Industries today require a high level of precision and accuracy, especially in measuring, positioning, and navigation. This is due to rising requirements for studying and analyzing the earth’s surface by geologists and researchers. Moreover, OEM GNSS receivers provide accurate transmission and reception of satellite signals that can help geologists, researchers, and scientists in preparing 3D models that acknowledge the changes in climate, environment, and physiological structures on the earth’s surface. Moreover, OEM GNSS with real-time kinematic positioning is increasingly used in the construction and agriculture industry for positioning of automated tractors, site preparation, grading, and other machinery. In addition, a recent increase in infrastructure projects, especially in developing countries is increasing the demand for OEM GNSS receivers for identifying and assessing issues in construction and repair such as identifying anomalies in underground pipeline systems, networking the machines with one another, reducing the maintenance of road construction by integrating OEM GNSS with construction controlling machines, and others.
Technological advancements drive the demand for OEM GNSS receivers in the market.
Advancements in navigation and positioning technology have increased the market growth of OEM GNSS receivers, as they improve signal processing by detecting obstacles in the path such as in case of construction and automotive industry for detecting noise, obstacles, anomalies in grading, issues at the site, and others. Additionally, trends in real-time analytics have further led to the development of real-time data processing OEM GNSS devices that offer high position accuracy along with constant information to the user, such as in the case of marine and aerial uses, wherein unmanned aerial vehicles are integrated with OEM antennas for sending and receiving information that allows the operator to remotely track and monitor the progress and loss at the site. Moreover, increasing demand for compact structured devices has further led to the development of smaller, lighter, and energy-efficient receivers such as OEM chips that are now increasingly used in wearable devices and smartphones.
OEM GNSS Receiver Market Restraints and Challenges:
Disruptions in signals can affect the market growth of OEM GNSS receivers. Bad environmental conditions, spoofing faulty signal reception, and others can decline the market demand for OEM GNSS receivers.
Furthermore, the expensive cost of advanced and specialized OEM GNSS devices such as modules, chipsets, antennas, devices with advanced integration capabilities, and others can decrease the demand for OEM GNSS receivers in the market.
OEM GNSS Receiver Market Opportunities:
The OEM GNSS Receiver Market is anticipated to deliver lucrative opportunities for businesses, which include acquisitions, partnerships, collaborations, product launches, and agreements during the forecasted period. Furthermore, increasing demand for energy-efficient, accurate, and precision technologies is predicted to develop the market for the OEM GNSS Receiver and enhance its future growth opportunities.
OEM GNSS RECEIVER MARKET REPORT COVERAGE:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2023 - 2030 |
|
Base Year |
2023 |
|
Forecast Period |
2024 - 2030 |
|
CAGR |
6.7% |
|
Segments Covered |
By Product type, Form Factor, End-User, and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regional Scope |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Key Companies Profiled |
Topcon Positioning Systems, CHCNAV, Navtek India, NovAtel, FURUNO, NavtechGPS, Locosys, Trimble Septentrio, Canal Geomatics, ASB Systems |
Single Frequency
Dual Frequency
Multi-Frequency
Real Time Kinematic (RTK)
Dead Reckoning
Others
In 2022, based on market segmentation by product type, multi-frequency occupied the highest share of about 26% in the market. Multi-frequency GNSS receivers are designed to receive signals from multiple frequency bands. Moreover, this helps the satellite system in improving accuracy, position, and velocity. Additionally, it helps in receiving satellite signals in harsh environments, where GPS-only positioning is difficult. Furthermore, it is applicable for automotive navigation and telematics systems, intelligent transport systems, augmented reality applications, disaster prevention management systems such as monitoring seismic surges and landslides, and others.
Real-time kinematics (RTK) is the fastest-growing segment during the forecast period. The technique of positioning is increasingly used for providing highly accurate positioning information in satellite-based positioning systems in real time. Moreover, the major advantage of RTK positioning in GNSS is that it provides centimeter-level accuracy that makes it highly applicable in land surveying, agriculture, construction, autonomous vehicle navigation, and others. Additionally, RTK helps in enhancing the positioning of GNSS by using fixed reference stations with known positions. These monitor stations the satellite signals and compute corrections for any errors that occur while transferring satellite signals to the receiver.
OEM Receiver Chipset
OEM Boards
OEM Antenna
OEM Modules
Others
In 2022, based on market segmentation by form factor, the OEM receiver chipset occupied the highest share of about 29% in the market. The growth of this segment is attributed to the increased use of smartphones, tablets, and wearable technology such as smartwatches. Moreover, the OEM receiver chipset is widely used in the electrical and electronics sector due to its compact and lightweight structure. Moreover, they are highly energy-efficient and hence are increasingly used in smartphones and smartwatches. In addition, being highly sensitive in receiving signals they help in location and navigation services in smartphones.
OEM antenna is the fastest-growing segment during the forecast period. OEM antennas are specifically designed for the reception and transmission of GNSS signals and are widely used in aerial, land, marine, and other applications. Moreover, due to its high performance in receiving and transferring signals, and versatility to operate in various frequency bands, it has further increased its applications in fleet management, modems, set-top boxes, routers, asset tracking devices, and others.
Aerospace & Defense
Automotive
Transportation
Geology
Construction
Agriculture
Surveying & Mapping
Others
In 2022, based on market segmentation by end-users, automotive occupied the highest share of about 35% in the market. The automotive industry finds increased applications of OEM GNSS receivers, which particularly include vehicle navigation systems, tracking systems, real-time direction guidance, and others. Moreover, modern car manufacturers deploy OEM GNSS receivers in their cars to provide in-car GPS navigation that can receive real-time signals and guide the driver regarding location, directions, faster routes to avoid traffic, and others. Additionally, trends in autonomous or self-driving cars have further boosted the usage of OEM GNSS receivers for positioning, navigating, and lane-keeping purposes. Moreover, the devices used for this purpose include AV (autonomous vehicle) sensor stacks (front and end) that help in detecting obstacles and other cars that are moving in the vicinity, thus offering efficient and safe movement of cars on a busy road. Additionally, the OEM GNSS receiver equipped with integration capabilities provides real-time information regarding crashes and blocked lanes through its integration with cameras and sensors in AVs.
Surveying & and mapping is the fastest-growing segment during the forecast period. OEM GNSS receivers are increasingly used for land surveying, urban planning, disaster response and prevention management, environmental monitoring, and others. This growth of OEM GNSS receivers in various aspects is due to their ability to transfer and receive signals accurately and immediately, real-time monitoring accuracy, controlled mapping in case of aerial surveys and remote sensing for analyzing the earth’s surface, and the ability to determine precise coordinates, and others.
North America
Europe
Asia-Pacific
South America
Middle-East & Africa
In 2022, based on market segmentation by region, North America occupied the highest share of about 43% in the market. Increasing demand for satellite signal receivers in space exploration such as for transmitting and receiving signals for satellite communication, observation of celestial bodies such as Earth for analyzing and studying Earth’s climate, and environment, and for spacecraft tracking, which includes tracking space debris for ensuring safe movement of spacecraft, has contributed to the demand for OEM GNSS receiver in the region.
Asia-Pacific is the fastest-growing region during the forecast period. Rapid technological adoptions in agriculture such as trends in precision agriculture, that is use of crop monitoring sensors, as well as the fast booming electronics industry in countries such as China, India, and Japan, contribute to the demand for OEM GNSS receivers in the region.
COVID-19 Impact Analysis on the OEM GNSS Receiver Market
The pandemic had a significant impact on the OEM GNSS receiver in the market. Disruptions in the supply chain during the pandemic led to a slowdown in production, manufacturing, and distribution of OEM GNSS components, leading to declined demand for OEM GNSS receivers in the market. Moreover, the closure of many industries that were major users of OEM GNSS receivers such as construction, automotive, and others declined the market growth of OEM GNSS receivers in the market. However, increased demand for smartphones, tablets, and other smart devices due to remote working and learning culture led to increased usage of OEM chips based on GNSS technology during the pandemic.
Latest Developments:
The market for OEM GNSS receivers is witnessing an upward trend in the market due to increasing demand for mapping and surveying the earth’s surface by researchers and scientists. Moreover, the growing trends in autonomous vehicle positioning and navigation have further increased the usage of OEM GNSS receivers in the market.
Key Players:
Topcon Positioning Systems
CHCNAV
Navtek India
NovAtel
FURUNO
NavtechGPS
Locosys
Trimble
Septentrio
Canal Geomatics
ASB Systems
Global automotive lighting refers to all vehicle lighting systems, from headlamps that illuminate the road to taillights that communicate movements. They guarantee motorists and other road users alike safety, visibility, and style. While taillights frequently use LEDs for improved visibility, headlights are available in a variety of technologies, including LED and laser. Interior illumination, DRLs, and signal lights all have a role to play. This market, which was estimated to be worth $33.64 billion in 2022, is anticipated to rise to $67.39 billion by 2030 because of laws, luxury tastes, safety concerns, and technological developments like OLED taillights and adaptive headlights. Anticipate a future dominated by intelligent, connected, personalized, and sustainable lighting systems that enhance the safety, efficiency, and aesthetic appeal of automobiles.
Car lighting works its magic to provide safety, visibility, and style. Headlights cut through the night, taillights express intent, and interiors shine with comfort. The billion-dollar global business is expected to rise due to consumer demand for high-end experiences, safer roads, and cutting-edge technology. Imagine dynamic messages being painted by taillights, headlights that adjust to the road, and interiors that customize their atmosphere. Driven by technological advancements like linked systems and laser beams, this future is calling. Anticipate even more visually attractive, environmentally friendly, and intelligent lighting to illuminate the way ahead, making cars safer, more efficient, and unquestionably cooler.
In the market for automobile lighting, safety is the driving force behind demand from the public and laws. While automated high beams smoothly react to traffic, adaptive headlights modify their beams so as not to blind other people. With visually striking displays, dynamic taillights convey intentions for braking and turning. Beyond these developments, integrated pedestrian identification and lane departure alerts will soon make roads safer and brighter for everyone.
Luxurious automobile lighting creates a distinct visual identity that goes beyond simple illumination. Personalized interior lighting customizes the driving experience by setting the mood with a range of colours and intensities, while intricate designs and distinctive DRLs modify exteriors. As you approach your automobile at night, welcoming lights lead the way, resulting in an interior that is perfectly lit. Not only is this symphony of light aesthetically pleasing, but it also stands as a tribute to luxury. Upcoming developments like gesture-controlled lighting and holographic displays promise to further enhance the experience.
The worldwide automotive lighting market is undergoing a significant transition towards energy-efficient solutions, as environmental concerns gain prominence. LED technology is leading the way, providing a ray of hope for the environment and drivers alike. LED lights beam brighter and use a lot less energy than conventional halogen lamps. There are some tangible advantages to this. For drivers, this translates to increased fuel economy, which lowers petrol prices and lessens reliance on fossil fuels. Greater air quality and a reduction in the transport sector's contribution to climate change are the results of reduced overall emissions.
Although the global automotive lighting business is booming, there are still unknowns. Difficulties impede growth even as innovation propels it with eye catching features like laser beams and adaptable headlights. These technologies are luxury items due to their high cost and difficult integration, which puts producers' abilities to the test. The worldwide patchwork created by unclear legislation limits the potential of innovation. Durability issues persist, particularly when complex systems are subjected to challenging conditions. Ultimately, a lot of drivers still don't fully understand how these improvements can help them. Together, we can overcome these obstacles. The keys to reducing costs are improved production, more seamless integration, and unified regulations. Their full potential can be realized by educating customers about the safety, efficiency, and aesthetic value of these lighting wonders. By working together, we can pave the way for an even brighter and safer future for vehicle lighting.
It is made possible by advanced LED technology, which gives drivers the ability to customize their illumination for the highest level of comfort and flair. Consumers that care about the environment want greener products, and vehicle lighting complies. While solar- and self-powered lighting technologies offer a future powered by clean energy, energy-efficient LEDs lower pollution. The advent of connected lighting systems heralds a new age. Envision automobiles interacting with infrastructure and one another to minimize accidents and enhance traffic efficiency. Integrated headlights with pedestrian recognition provide unmatched safety, while dramatic taillights with eye-catching displays alert onlookers to your intentions. The possibilities are endless in the future. Gesture-controlled interior illumination, holographic displays projected onto the road, and even light fixtures with self-healing capabilities.
Due to laws requiring safety features like headlights, taillights, and brake lights, exterior lighting presently holds the most market share in the vehicle lighting industry. The dominance of this market is partly attributed to advancements in safety-focused technologies such as adaptive headlights and daytime running lights. The market value of external lighting is increased by the quick adoption of technology like LED bulbs and laser lights, which improve performance and aesthetics. Conversely, the interior lighting market is expected to increase at the fastest rate in the upcoming years. Innovations like ambient lighting and technology breakthroughs like LED and OLED displays, driven by consumer demand for comfort and personalisation, open new possibilities. The spread of sophisticated interior lighting systems is further driven by the growing emphasis on safety and the expansion of the luxury car market.
The worldwide vehicle lighting market is currently dominated by halogen because of its more affordable price, advanced technology, and useful illumination. With its dependable supply chain and affordable option for manufacturers and cost-conscious customers, halogen holds the biggest market share. The fastest-growing market right now is LEDs, which are predicted to shortly overtake halogen. The rapid expansion of LEDs is driven by their higher efficiency, longer lifespan, flexibility in design, and technological breakthroughs including enhanced brightness. Because LEDs use less energy and produce fewer emissions and better fuel economy, they are becoming more and more popular in the changing automotive lighting market.
Passenger automobiles rule the worldwide automotive lighting market. The sheer number of passenger cars produced which surpasses that of business vehicles and fuels the need for lighting systems is the primary cause of this popularity. The growing demand for personal automobiles in developing nations is a result of rising disposable income, which in turn drives the rise of the passenger car market. The importance that consumers place on safety and aesthetics elements helps to drive market expansion. But in the upcoming years, the market for electric and hybrid cars is expected to develop at the quickest rate. The exponential rise of the worldwide electric car market, which is still expanding and shows no signs of slowing down, is what is driving this surge. Specialised lighting solutions are required since electric and hybrid vehicles have different lighting requirements because of their specific functionality and design aesthetics.
Most lighting systems sold nowadays are sold by OEMs (Original Equipment Manufacturers), primarily because manufacturers pre-install lighting systems in new cars. But in the next years, the aftermarket is expected to develop at the quickest rate. This spike in demand for replacement parts, especially lighting systems, can be linked to several variables, one of them being the average age of cars. The industry is expanding because of consumers' growing desire to personalise their cars with aftermarket lighting upgrades such LED upgrades and decorative lighting. The availability and affordability of technologies like adaptive headlights and laser lights in the aftermarket, together with other advancements in lighting technology, are driving demand even more. Moreover, the growing market for electric cars (EVs).
Throughout the forecast period, Asia Pacific is anticipated to be the automotive lighting market with the highest profitability. Over the past few years, Asia Pacific countries like China and India have seen notable increases in automotive manufacturing and sales, primarily in the medium-to premium luxury car segment. Asia Pacific is predicted to see an increase in the manufacturing of passenger cars, with India experiencing the strongest growth rate. Depending on the state of the national economy, the area offers a suitable selection of both high-end and cheap cars. For instance, there is a substantial demand for halogen, Xenon/HID, and LED since China and India produce more economy and mid-range automobiles. On the other hand, luxury car adoption rates are greater in South Korea and Japan, where LED lighting is the norm.
A brief shadow was thrown by COVID-19 over the worldwide automotive lighting market. Production was stopped by lockdowns and supply chain disruptions, while luxury lighting upgrades were shelved by consumers on a tight budget. Resources became scarce, and R&D stagnated. Still, the market is recovering thanks to resurgent demand and rearranged priorities. While energy-efficient LEDs are being pushed towards adoption by sustainability, safety concerns are driving interest in features like pedestrian detection and adaptive headlights. The digital push of the epidemic creates opportunities for intelligent, networked lighting systems that may interact with infrastructure and other cars. Ultimately, the industry is positioned to shine brighter, focused on safety, sustainability, and a connected future, even though the pandemic dimmed its brilliance.
A development collaboration between OSRAM Continental and REHAU aims to incorporate lighting into external components, providing automobile manufacturers with innovative lighting options that improve functionality and design flexibility. For rear combination lamps, Hella unveiled a revolutionary lighting innovation called Hella FlatLight technology. A Memorandum of Understanding (MoU) was signed by Samvardhana Motherson Automotive Systems Group BV (SMRPBV), a division of Motherson Group, and Marelli Automotive Lighting to investigate a technology collaboration focused on intelligently lighted external body components. Valeo debuted their revolutionary 360° lighting system at the Shanghai Auto Show. This technology surrounds the car with a band of light, projecting instantaneous, clear signs that other drivers can see from a distance. Pedestrians, cyclists, and scooter riders are especially susceptible to these signals
The OEM GNSS Receiver Market was valued at USD 227.8 Million and is projected to reach a market size of USD 358.69 Million by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 6.7%.
Increasing demand for precision and accuracy and Technological advancements are the market drivers of the OEM GNSS Receiver market.
Single Band, Dual Band, Tri-band, and Other, are the segments under the OEM GNSS Receiver Market by type.
North America is the most dominant region for the OEM GNSS Receiver Market.
Asia-Pacific is the fastest-growing region in the OEM GNSS Receiver Market.
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