Global GPS Chips Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Simple Type, Professional Type, and Others.

By Application;

Navigation, Mobile Phone, and Others.

By End User;

Aerospace, Consumer Electronics, Automotive, and Military & Defence.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn235055595 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global GPS Chips Market (USD Million), 2021 - 2031

In the year 2024, the Global GPS Chips Market was valued at USD 187,196.35 million. The size of this market is expected to increase to USD 650,979.68 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 19.5%.

The Global GPS Chips Market has seen substantial growth due to the increasing demand for location-based services across a wide range of applications. GPS chips are integral to a variety of industries, including automotive, consumer electronics, and telecommunications. In the automotive sector, GPS chips are crucial for navigation systems, enabling real-time tracking, route planning, and driver assistance technologies. As more vehicles become connected and autonomous, the demand for GPS chips in the automotive market continues to rise. Additionally, in consumer electronics, GPS chips are embedded in smartphones, wearables, and other smart devices, offering users location tracking, fitness monitoring, and enhanced functionality.

The expansion of the GPS chips market is also fueled by the growing adoption of IoT (Internet of Things) devices, where location data plays a critical role in various applications, such as fleet management, asset tracking, and logistics. As industries increasingly rely on real-time data for operational efficiency, GPS chips are becoming essential for providing accurate positioning and navigation information. Moreover, the advancements in GPS technology, such as dual-frequency and multi-constellation support, have improved the accuracy, speed, and reliability of GPS systems, further driving market growth.

Furthermore, the rise of geospatial data analytics and the integration of GPS chips with other technologies, like augmented reality (AR), is opening up new opportunities in sectors such as retail, healthcare, and agriculture. In retail, GPS chips enable location-based marketing and personalized customer experiences, while in agriculture, GPS technology is used for precision farming and land management. The market is expected to continue growing as GPS chips become increasingly sophisticated and indispensable across multiple industries, offering greater capabilities and expanding use cases.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global GPS Chips Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing IoT adoption
        2. Rising LBS demand
        3. Advancements in technology
        4. Growing automotive sector
      2. Restraints
        1. Privacy concerns
        2. High power consumption
        3. Satellite signal issues
        4. Regulatory hurdles
      3. Opportunities
        1. Emerging economies
        2. Smart city initiatives
        3. Precision agriculture
        4. Integration in wearables
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global GPS Chips Market ,By Product Type , 2021 - 2031 (USD Million)
      1. Simple Type
      2. Professional Type
      3. Others
    2. Global GPS Chips Market , By Application , 2021 - 2031 (USD Million)
      1. Navigation
      2. Mobile Phone
      3. Others
    3. Global GPS Chips Market , By End User , 2021 - 2031 (USD Million)
      1. Aerospace
      2. Consumer Electronics
      3. Automotive
      4. Military & Defence
    4. Global GPS Chips Market , By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America

  6. Competitive Landscape
    1. Company Profiles
      1. SAN JOSE TECHNOLOGY,
      2. Skyworks Solutions
      3. SkyTraq Technology, Inc.,
      4. Central Electronics Limited,
      5. NovAtel Inc., ROAD POINT INDIA
  7. Analyst Views
  8. Future Outlook of the Market