Europe GNSS IC Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

The Europe GNSS IC market reached around USD 52.90 Billion in 2024. The market is projected to grow at a CAGR of 8.00% between 2025 and 2034 to reach nearly USD 114.21 Billion by 2034.

Europe GNSS IC Market Growth

In 2023, the aviation sector in Europe recorded a total of 10.2 million flights, reflecting a 10% increase from the previous year. In 2022, approximately 820 million individuals within the European Union utilised air travel. Additionally, the volume of air passengers in 2022 more than doubled in comparison to 2021. With the rise in air traffic and the growth of the aviation sector, the market for GNSS IC is expected to expand in Europe. GNSS IC plays a vital role in aviation by providing precise navigation capabilities, which facilitate accurate positioning, speed measurement, and altitude determination for aircraft. Additionally, they contribute to precision approaches for safe landings, ground proximity warnings, real-time weather information, and search and rescue missions, thereby significantly enhancing safety, efficiency, and operational reliability within the aviation sector.

The proliferation of GNSS ICs is largely influenced by the advancement of smart city initiatives, which facilitate accurate location tracking, effective traffic management, and comprehensive infrastructure monitoring. Their incorporation significantly improves urban planning, navigation systems, and the overall efficiency of managing interconnected urban environments. During the period from 2014 to 2020, the European Commission witnessed a variety of programs and initiatives aimed at supporting smart city projects, including the Horizon 2020 Lighthouse program, which had a budget of approximately €400 million. According to assessments from the European Parliament’s internal think tank, nearly all cities in the Nordic region qualify as smart cities. Additionally, a majority of cities with populations exceeding 100,000 in Italy, Austria, and the Netherlands are recognised as smart cities, along with about half of the cities in the United Kingdom, Spain, and France.

Key Trends and Developments

Growing smartphones and electronic device penetration; advancements in GNSS technology; the development of smart cities; and the rising demand for autonomous vehicles are favouring the Europe GNSS IC market expansion

September 2021

Qascom entered into a contract with ASI to create a GPS and Galileo receiver that can enable the experimentation of satellite navigation positioning from the Moon. This contract was a part of the "Lunar GNSS Receiver Experiment (LuGRE)," an agreement between the Italian Space Agency and NASA associated with the CLPS 19-D mission.

January 2024

Qualinx, a company focused on ultra-low power wireless tracking and connectivity semiconductors, collaborated with the European Union Agency for the Space Programme (EUSPA) to create a consumer-oriented, low-power GNSS receiver intended for EUSPA’s GNSS authentication service.

February 2024

Researchers from the European Space Agency (ESA), involved in the Aurora project, are in the process of developing a GNSS test facility specifically designed for urban drone navigation.

June 2024

FocalPoint Positioning, a developer of advanced navigation and positioning software located in the United Kingdom, introduced a cutting-edge GNSS technology called S-GNSS Auto. The new generation GNSS technology provides up to 10X more accuracy for ADAS and delivers the absolute positioning system.

Smartphone and Electronics Growth

The growing adoption of GNSS technology in smartphones, wearable devices, and various consumer electronics is significantly driving an increased demand for GNSS ICs. As more consumers rely on location-based services for navigation, fitness tracking, and augmented reality applications, the need for accurate and reliable positioning solutions has become paramount.

Advancement in GNSS Technology

Advancements in GNSS technology, such as multi-constellation support, have greatly enhanced the capabilities of GNSS integrated circuits. As GNSS integrated circuits continue to evolve, they are anticipated to play an increasingly vital role in shaping the future of navigation and location-based services across multiple sectors.

Development of Smart Cities

European smart city initiatives are increasingly relying on advanced technologies to enhance urban living and improve the efficiency of municipal services. These initiatives aim to create more sustainable, liveable, and connected urban environments that can adapt to the needs of their residents. One of the critical components of these projects is the integration of accurate GNSS IC.

Rising Demand for Autonomous Vehicles

Advanced GNSS technology offers the precision, accessibility, and dependability essential for a vehicle to operate autonomously. For a vehicle to achieve full autonomy, it is imperative to have a precise localisation system, along with assurance regarding the correctness of that localisation solution.

Europe GNSS IC Industry Segmentation

The EMR’s report titled “Europe GNSS IC Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Device Type

• Smartphones
• Tablets and Wearables
• Personal Tracking Devices
• In-vehicle Systems
• Drones
• Others

Market Breakup by End Use

• Automotive
• Consumer Electronics
• Aviation
• Others

Market Breakup by Country

• Germany
• Italy
• France
• United Kingdom
• Others

Europe GNSS IC Market Share

Based on region, the market is segmented into the United Kingdom, Germany, France, and Italy, among others. The United Kingdom is projected to grow at a CAGR of 8.5% between 2024 and 2023 amid technological advancements and the rising adoption of connected devices.

Leading Companies in the Europe GNSS IC Market

Major players are focusing on the adoption of cutting-edge technologies to gain a competitive edge in the market.

• MediaTek Inc.
• Qualcomm Inc
• Broadcom Inc.
• STMicroelectronics NV
• Intel Corporation
• Sony Group Corp.
• u-blox AG
• Furuno Electric Co., Ltd.
• Quectel Wireless Solutions Co., Ltd.
• Skyworks Solutions, Inc.
• Others