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

North America GNSS IC Market Growth

Canada ranks as the second largest automotive market in North America as leading vehicle manufacturers like Ford, General Motors, Stellantis, Toyota, and Honda operate within Canada. As per industry reports, the total number of registered road motor vehicles in Canada reached 26.3 million in 2022, reflecting a modest increase of 0.3% from the previous year. In 2022, light-duty vehicles comprised 91.7% of all registrations, with multi-purpose vehicles overtaking passenger cars for the first time as the predominant vehicle type in Canada. Similarly, according to the North America GNSS IC market analysis, electric vehicles represented 3.0% of light-duty vehicle registrations in 2022, an increase from 2.3% in 2021.

GNSS ICs play a crucial role in the automotive sector by providing accurate navigation, tracking, and positioning. These components are vital for the implementation of advanced driver-assistance systems (ADAS), the development of autonomous vehicles, and effective fleet management. By delivering precise location data, GNSS ICs improve real-time route optimisation, lane detection, and collision avoidance. Furthermore, these integrated circuits enable vehicle-to-everything (V2X) communication, which enhances road safety, supports the efficient operation of vehicles and boosts the North America GNSS IC market share.

Moreover, the air transportation sector is projected to contribute approximately USD 641 billion to the GDP of the United States. In the field of aviation, GNSS IC delivers accurate navigation, positioning, and timing capabilities for aircraft. These technologies significantly improve flight safety by facilitating precise route planning, automatic landing systems, and real-time tracking. This, in turn, promotes efficient air traffic management and diminishes dependence on ground-based navigation systems, consequently driving the market growth.

Key Trends and Developments

North America GNSS IC Market Trends

As various sectors seek enhanced positioning accuracy, GNSS ICs are now being equipped with multi-frequency capabilities, which minimise signal errors and elevate location precision. This advancement is particularly vital for sectors such as autonomous vehicles and aviation. Furthermore, GNSS ICs are increasingly integrated into Internet of Things (IoT) devices, enabling real-time tracking and data transmission. This integration is notably significant in logistics, agriculture, and smart city initiatives, where GNSS ICs promote seamless connectivity and effective asset management, leading to the North America GNSS IC market expansion.

In addition, with the rising utilisation of drones for purposes such as delivery, agriculture, and surveying, GNSS ICs are becoming essential for navigation and control. They provide precise positioning, allowing drones to operate effectively in complex environments, thereby enhancing operational accuracy and safety.

North America GNSS IC Industry Segmentation

North America GNSS IC Market Share

Based on end use, the market is segmented into automotive, consumer electronics, and aviation, among others. Over the forecast period, the automotive sector is expected to grow at a CAGR of 7.9%. In the field of automotive technology, GNSS IC facilitates accurate navigation, instantaneous tracking, and the functionality required for autonomous driving capabilities. They contribute to optimised route planning, bolster safety by enabling collision avoidance systems, and support vehicle-to-everything (V2X) communication, thereby promoting a connected and efficient transportation ecosystem.

Leading Companies in the North America GNSS IC Market

Major players are focusing on the adoption of advanced technologies to gain a competitive edge in the North America GNSS IC market share.

MediaTek Inc.

MediaTek Inc. was founded in 1997 and is based in Hsinchu, Taiwan. It stands as a prominent semiconductor firm that specialises in chipsets for wireless communication, HDTV, DVD, and mobile devices. The company is well-regarded for providing cost-efficient and high-performance solutions tailored for smartphones and various consumer electronics.

Qualcomm Inc.

Qualcomm Inc. was founded in 1985 and located in California, United States. It is a trailblazer in wireless te...

Broadcom Inc.

Broadcom Inc. was established in 1961 as Avago Technologies and is headquartered in California, United States....

STMicroelectronics NV

STMicroelectronics NV was founded in 1987 and is headquartered in Geneva, Switzerland. The company manufacture...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other key players included in the North America GNSS IC market report in the market are Intel Corporation, Sony Group Corp., u-blox AG, Furuno Electric Co., Ltd., Quectel Wireless Solutions Co., Ltd., and Skyworks Solutions, Inc., among others.