Multi-Band Global Navigation Satellite System (GNSS) Receiver Market Report 2026

The multi-band global navigation satellite system (gnss) receiver market size has grown rapidly in recent years. It will grow from $2.92 billion in 2025 to $3.35 billion in 2026 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to adoption of single-band gnss receivers in civil and military applications, improvements in multi-frequency antenna technologies, development of precise timing and positioning algorithms, rising demand for reliable geospatial data, integration of gnss receivers in surveying and mapping equipment.

The multi-band global navigation satellite system (gnss) receiver market size is expected to see rapid growth in the next few years. It will grow to $5.77 billion in 2030 at a compound annual growth rate (CAGR) of 14.5%. The growth in the forecast period can be attributed to expansion of multi-constellation gnss support, development of anti-jamming and interference-resistant receivers, adoption in autonomous vehicles and drones, integration with AI for predictive positioning analytics, enhanced miniaturization for portable and wearable applications. Major trends in the forecast period include rising demand for high-precision multi-frequency gnss solutions, expansion of gnss integration in emerging commercial and industrial applications, growing adoption of gnss receivers in drones and autonomous surveying platforms, increased development of interference-resistant and anti-spoofing receiver architectures, advancements in compact, low-power gnss modules for mobile and wearable systems,.

The increasing adoption of autonomous vehicles is expected to drive the growth of the multi-band global navigation satellite system (GNSS) receiver market. Autonomous vehicles are self-driving systems that rely on sensors and artificial intelligence to navigate and operate without human intervention. Their adoption is rising as concerns over road safety create demand for technologies that reduce accidents caused by human error while enabling more reliable and efficient transportation. Multi-band GNSS receivers support these vehicles by delivering highly accurate real-time positioning from multiple satellite signals, facilitating safer and more precise navigation. For example, the Insurance Institute for Highway Safety projects that the number of self-driving vehicles on U.S. roads will reach 3.5 million by 2025 and 4.5 million by 2030. The growing presence of autonomous vehicles is therefore driving the multi-band GNSS receiver market.

Key companies in the multi-band GNSS receiver market are focusing on developing multi-constellation GNSS smart antenna receivers to improve accuracy, reliability, and performance across various navigation applications. These receivers use intelligent antennas to capture signals from multiple satellite systems simultaneously, enhancing positioning precision and system reliability. For instance, in September 2024, Quectel Wireless Solutions launched the QLM29H series, a dual-band, multi-constellation GNSS smart antenna receiver that integrates the LC29H GNSS module with a patch antenna. This receiver supports global constellations such as GPS, GLONASS, Galileo, BDS, and NavIC on L1 and L5 frequency bands, improving positioning accuracy and reducing multipath interference, particularly in complex urban environments. It offers autonomous positioning accuracy of one meter and centimeter-level precision in RTK versions, along with dead reckoning for reliable operation in areas with weak or no GNSS signals.

In March 2025, Hexagon AB, a Sweden-based provider of sensor fusion technologies and autonomous platforms, acquired Septentrio NV, a Belgium-based high-precision GNSS technology provider. This acquisition aims to strengthen Hexagon's capabilities in mission-critical navigation and autonomy solutions, expanding its presence in resilient positioning systems for robotics, UAVs, and other autonomous platforms.

Major companies operating in the multi-band global navigation satellite system (gnss) receiver market are Raytheon Technologies Corporation, Broadcom Inc., Qualcomm Technologies Inc., STMicroelectronics, Garmin Ltd., Trimble Inc., Quectel Wireless Solutions Co. Ltd., Topcon Corporation, Hexagon AB, Furuno Electric Co. Ltd., u-blox AG, NovAtel Inc., Satlabs Geosolutions AB, Unicore Communications Inc., LOCOSYS Technology Inc., SkyTraq Technology Inc., Allystar Technology Co. Ltd., NavCom Technology Inc., ComNav Technology Ltd., Navika Electronics, Tersus GNSS Inc.

North America was the largest region in the multi-band global navigation satellite system (GNSS) receiver market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the multi-band global navigation satellite system (gnss) receiver 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 electronic components and semiconductor imports have increased production costs for multi-band GNSS receivers, slowing manufacturing cycles and raising product prices across handheld receivers, fixed GNSS stations, wearable units, and drone-mounted solutions. Asia-Pacific and European markets relying heavily on global sourcing face the greatest impact, particularly across commercial, industrial, and government applications. Nonetheless, tariffs are also driving localization of manufacturing, supplier diversification, and accelerated innovation, creating long-term opportunities despite short-term cost pressures.

The multi-band global navigation satellite system (GNSS) receiver market research report is one of a series of new reports that provides multi-band global navigation satellite system (GNSS) receiver market statistics, including multi-band global navigation satellite system (GNSS) receiver industry global market size, regional shares, competitors with a multi-band global navigation satellite system (GNSS) receiver market share, detailed multi-band global navigation satellite system (GNSS) receiver market segments, market trends and opportunities, and any further data you may need to thrive in the multi-band global navigation satellite system (GNSS) receiver industry. This multi-band global navigation satellite system (GNSS) receiver 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 multi-band global navigation satellite system (GNSS) receiver is a sophisticated device that captures and processes signals from multiple global navigation satellite systems simultaneously across various frequency bands. It ensures uninterrupted and stable satellite signal reception, offering enhanced accuracy, stronger signal reliability, and improved resistance to interference and signal degradation, consistently providing precise positional information.

The primary types of multi-band GNSS receiver products include handheld receivers, fixed receivers, wearable receivers, and others. Handheld receivers are portable devices designed for mobility, ease of use, and flexibility during field operations. They support multiple frequency bands, including dual-band, triple-band, quad-band, and others, and are distributed through direct sales, distributors or resellers, online channels, and other methods. These receivers are used in applications such as surveying and mapping, precision agriculture, marine navigation, aviation, automotive, military and defense, and others, serving end-users across commercial, industrial, government, and other sectors.

The countries covered in the multi-band global navigation satellite system (gnss) receiver market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The multi-band global navigation satellite system (GNSS) receiver market consists of sales of GNSS receiver modules, multi-frequency antennas, navigation systems, timing devices, and geospatial surveying equipment. 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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