Navigation Satellite System Market Report 2026

The navigation satellite system market size has grown strongly in recent years. It will grow from $270.03 billion in 2025 to $295.74 billion in 2026 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to expansion of gps and gnss infrastructure, growth in geodetic surveying activities, rising adoption of portable navigation devices, increased demand for mobile mapping systems, development of ground-based augmentation systems.

The navigation satellite system market size is expected to see strong growth in the next few years. It will grow to $421.15 billion in 2030 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to integration with autonomous vehicles, growth in location-based emergency services, advancements in satellite timing and synchronization technologies, expansion of private satellite constellations, increased adoption in precision agriculture and logistics. Major trends in the forecast period include adoption of multi-constellation gnss receivers for enhanced accuracy, integration of navigation satellite systems with automotive and rail applications, increasing use of portable navigation devices (pnds) in surveying and mapping, expansion of location-based services (lbs) for consumer and enterprise applications, growth in satellite-based augmentation systems (sbas) for precision agriculture and emergency services.

The adoption of autonomous vehicles is expected to drive the growth of the navigation satellite system market going forward. Autonomous vehicles (AVs), also known as self-driving or driverless vehicles, are equipped with advanced technologies, including AI, sensors, and computing systems, that enable them to navigate and operate without human intervention. The growth of AVs is fueled by advancements in AI, sensor technology, and real-time data processing, which improve safety, reduce human error, and enhance transportation efficiency. Navigation satellite systems support autonomous vehicles by providing precise positioning, navigation, and timing (PNT) information, which is critical for safe and efficient vehicle operation, route optimization, and reduced environmental impact. For instance, in March 2025, according to the European Parliament, autonomous vehicles are projected to generate a global added value of EUR 400 billion ($466.2 billion) for the sector by 2035. Therefore, the increasing adoption of autonomous vehicles is propelling the growth of the navigation satellite system market.

Major companies in the navigation satellite system market are developing advanced solutions, such as the Global Positioning System (GPS) III-6 Space Vehicle (SV06), to strengthen market competitiveness. The GPS III SV06 is a next-generation navigation satellite that provides enhanced accuracy, resilience, and reliability for both civilian and military applications. For instance, in January 2023, SpaceX, a US-based spacecraft manufacturer and satellite communications company, launched the GPS III SV06 satellite. This satellite offers three times improved accuracy, eight times better jam resistance, enhanced civilian signals, stronger search-and-rescue capabilities, and a dependable, jam-resistant military channel.

In April 2024, Iridium Communications Inc., a US-based satellite communications provider, acquired Satelles, Inc. for an undisclosed amount. This acquisition enables Iridium to strengthen its positioning, navigation, and timing (PNT) services by integrating Satelles’ resilient time-and-location platform into its satellite network. Satelles, Inc. is a US-based provider of satellite-based time and location signal services that complement GPS and other global navigation satellite systems (GNSS).

Major companies operating in the navigation satellite system market are RTX Corporation, Qualcomm Technologies Inc., General Dynamics Corporation, Texas Instruments Inc., Intel Corporation, MediaTek Inc., L3Harris Technologies Inc., STMicroelectronics N.V., Hexagon AB, Garmin Ltd., Trimble Inc., Quectel Wireless Solutions Co. Ltd., Viasat Inc., Topcon Corporation, Iridium Communications Inc., u-blox, Furuno Electric Co. Ltd., Spirent Communications plc, TomTom N.V., SkyTraq Technology Inc., Globalstar Inc., Thuraya Telecommunications Company, Javad GNSS Inc., Tersus GNSS Inc., ComNav Technology Ltd., Hemisphere GNSS.

Asia-Pacific was the largest region in the navigation satellite system market in 2025. The regions covered in the navigation satellite system market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on satellite components, GNSS receivers, and navigation devices have increased production costs, impacting the navigation satellite system market, especially in regions such as Asia-Pacific and North America that rely heavily on imports. Automotive, surveying, and location-based services segments are most affected. Tariffs have also encouraged domestic manufacturing, local component sourcing, and innovation in integrated navigation solutions, creating opportunities to reduce reliance on foreign imports while enhancing system capabilities.

The navigation satellite system market research report is one of a series of new reports that provides navigation satellite system market statistics, including navigation satellite system industry global market size, regional shares, competitors with a navigation satellite system market share, detailed navigation satellite system market segments, market trends and opportunities, and any further data you may need to thrive in the navigation satellite system industry. This navigation satellite system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A navigation satellite system is a comprehensive network comprising satellites and ground-based infrastructure. Its primary purpose is to furnish users with precise and dependable positioning, navigation, and timing information within or near the Earth's surface. This system aids individuals in determining their exact location, calculating speed, and achieving highly accurate time synchronization for satellites occupying specific orbits.

The essential components of a navigation satellite system include devices and services. Devices encompass physical or electronic instruments, tools, machines, or gadgets crafted and employed for specific purposes. Diverse satellite technologies play integral roles in this system, such as constellations, satellite-based augmentation systems (SBAS), the global positioning system (GPS), the global navigation satellite system (GLONASS), Galileo, and Beidou. These technologies find applications in various sectors, including location-based services (LBS), automotive and road industries, surveying, rail transportation, aviation, agriculture, and other domains.

The countries covered in the navigation satellite system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The navigation satellite system market includes revenues earned by entities by providing services such as emergency warning services, geodetic surveys, and synchronization services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The navigation satellite system market also includes sales of simulation tools, portable navigation devices (PNDs), and mobile mapping systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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