The mid-and high-level precision gps receiver market size has grown rapidly in recent years. It will grow from $3.51 billion in 2024 to $3.89 billion in 2025 at a compound annual growth rate (CAGR) of 11%. The growth in the historic period can be attributed to environmental monitoring, space exploration advances, military applications, civilian navigation, surveying and mapping, and precision agriculture.
The mid-and high-level precision gps receiver market size is expected to see rapid growth in the next few years. It will grow to $6.21 billion in 2029 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to smart cities and infrastructure, telecommunications integration, internet of things adoption, and rising autonomous vehicles. Major trends in the forecast period include technological advancements, real-time kinematics technology advancements, machine learning integration, and integration of AI.
The anticipated surge in the construction industry is poised to drive the growth of the mid- and high-level precision GPS receiver market. The construction industry, encompassing the science and trade of building, repairing, remodeling, and maintaining structures, involves projects such as constructing buildings, engineering endeavors, roadways, utility systems, and specialized facilities. The adoption of GPS technology for equipment tracking in large-scale construction projects, particularly in civil construction sites and mega-projects, has led to an increased demand for GPS devices within the construction sector. Notably, in June 2023, a study by the United States Census Bureau revealed that overall construction spending in April 2023 is expected to reach $1.9 trillion, indicating a 7.2% increase compared to April 2022. Additionally, 1,406,000 new dwelling units were constructed in January 2023, reflecting a 12.8% rise from January 2022. Consequently, the growth in the construction industry is a driving force behind the expansion of the mid- and high-level precision GPS receiver market.
The ascent of the oil and gas industry is set to fuel the growth of the mid- and high-level precision GPS receiver market. This industry, covering the exploration, extraction, refining, and distribution of petroleum and natural gas resources, relies on mid- and high-level precision GPS receivers for accurate positioning of drilling rigs and equipment. This precision ensures exact well placement and efficient extraction, especially in remote and complex environments requiring precise spatial data. Notably, in September 2023, HM Revenue and Customs reported that total government revenues from UK Oil and Gas production reached £1.4 billion in July 2022, representing a significant increase from £0.3 billion in the previous tax year of 2021 to 2022 - an uplift of £1.1 billion. As a result, the burgeoning oil and gas industry will contribute significantly to the growth of the mid- and high-level precision GPS receiver market.
Product innovation stands out as a prominent trend gaining traction in the mid- and high-level precision GPS receiver market. Key players in this market are actively engaged in the development of novel products to maintain their competitive positions. For instance, in December 2022, ComNav Technology Ltd., a China-based manufacturer specializing in GNSS (Global Navigation Satellite System) OEM boards and receivers for high-precision positioning, introduced the Universe Serie GNSS Receiver. This groundbreaking laser GNSS receiver offers rod-less survey capabilities by integrating a millimeter-level laser distance meter onto Venus. The laser mode replaces the traditional range pole, enabling GNSS surveying with a 10 cm measurement criterion even under slight operational variations, such as moderate shaking. This non-contact surveying approach has the potential to expand operational areas significantly, enhance efficiency, and ensure the safety of conventional GNSS receivers.
Major companies in the mid- and high-level precision GPS receiver market are prioritizing technological advancements, particularly in next-generation M-Code military GPS signals, to improve accuracy and security. These advanced encrypted signals enhance military positioning and navigation capabilities. For example, in May 2022, Septentrio N.V., a Belgium-based leader in high-precision GNSS positioning solutions, launched two innovative GNSS products tailored for marine applications: the AsteRx-U3 Marine and the AsteRx-m3 Fg. The AsteRx-U3 Marine is specifically engineered for reliable, high-precision positioning in offshore environments, while the AsteRx-m3 Fg provides compact and flexible solutions for various marine applications, including dredging and buoy positioning. Both products ensure robust GNSS signal reception and interference mitigation, delivering uninterrupted performance even under challenging conditions, thus enhancing Septentrio’s offerings in the marine market.
In January 2022, The ACR Group, a France-based provider specializing in satellite-based tracking, data communications, and emergency location products and services, completed the acquisition of TRX Systems for an undisclosed amount. This strategic move integrates TRX Systems into ACR Group's portfolio, alongside NAL Research and FreeFlight Systems, thereby strengthening a collective of companies dedicated to Precision, Navigation, and Timing (PNT) solutions. Together, this unified entity ensures guaranteed position and time accuracy, as well as comprehensive navigation and mapping services across various user types and platforms. ACR Group's enhanced technological offerings now encompass GPS-independent RF and inertial location, multi-GNSS support, and sensor fusion, resulting in an expanded range of capabilities. Notably, TRX Systems, a US-based developer known for its NEON GPS-denied location solutions, contributes the TRX Dismounted Assured Position, Navigation, and Timing (PNT) System to the integrated suite of offerings.
Major companies operating in the mid-and high-level precision GPS receiver market include Stonex Group Inc., CNH Industrial N.V., Raytheon Technologies Corporation, Hexagon AB, Garmin Ltd., Trimble Inc., MiTAC Holdings Corp., Topcon Positioning Systems Inc., u-blox AG, Hi-Target Surveying Instrument Co. Ltd., Raven Industries Inc., CHC Navigation Technology Ltd., AG Leader Technology Inc., Carlson Systems Holdings Inc., Septentrio N.V., Hemisphere GNSS Inc., NVS Technologies Inc., Javad GNSS Inc., Unicore Communications Inc., Swift Navigation Inc., Thales Group, Syntony SAS, SkyTraq Technology Inc., Geneq Inc., South Surveying & Mapping Technology Co. Ltd., Tersus GNSS Inc., Eos Positioning Systems Inc., NavtechGPS Inc., Satlab Geosolutions AB, Tallysman Wireless Inc.
Asia-Pacific was the largest region in the mid-and high-level precision GPS receiver market in 2024. The regions covered in the mid-and high-level precision gps receiver market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the mid-and high-level precision gps receiver market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A mid- and high-level precision GPS receiver, commonly referred to as a survey-grade GPS receiver, is an advanced L-band radio processor designed to deliver precise position and timing information with a high level of accuracy. These receivers are capable of providing centimeter-level accuracy, making them particularly well-suited for applications that demand precise measurements. Key features of these receivers include their capability for differential GPS (DGPS) techniques, carrier phase processing, accurate orbit determination, and advanced error modeling.
There are two primary types of mid- and high-level precision GPS receivers, differential-grade and survey-grade. Differential-grade GPS (DGPS) is a system that utilizes both satellites and ground-based reference stations to enhance the accuracy of GPS receivers. These receivers come in both single frequency and dual frequency variants, and they find applications across various industries such as agriculture, mining, construction, oil and gas, among others. Their widespread use is due to the critical role they play in achieving accurate and reliable positioning information for diverse applications in high-precision fields.
The mid-and high-level precision GPS receiver market research report is one of a series of new reports that provides mid-and high-level precision GPS receiver market statistics, including mid-and high-level precision GPS receiver industry global market size, regional shares, competitors with a mid-and high-level precision GPS receiver market share, detailed mid-and high-level precision GPS receiver market segments, market trends and opportunities, and any further data you may need to thrive in the mid-and high-level precision GPS receiver industry. This mid- and high-level precision GPS receiver market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The mid-and high-level precision GPS receiver market includes revenues earned by providing positioning services navigation, environmental monitoring, and mapping. The market value includes the value of related goods sold by the service provider or included within the service offering. The mid-and high-level precision GPS receiver market also includes sales of GPS and GNSS attitude and positioning receivers, heading receivers, DGPS (differential GPS) receivers, GIS receivers, data collection and mapping receivers, smart antennas, survey receivers, OEM receiver boards and receiver modules which are used in providing positioning services. 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.
This product will be delivered within 3-5 business days.
The mid-and high-level precision gps receiver market size is expected to see rapid growth in the next few years. It will grow to $6.21 billion in 2029 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to smart cities and infrastructure, telecommunications integration, internet of things adoption, and rising autonomous vehicles. Major trends in the forecast period include technological advancements, real-time kinematics technology advancements, machine learning integration, and integration of AI.
The anticipated surge in the construction industry is poised to drive the growth of the mid- and high-level precision GPS receiver market. The construction industry, encompassing the science and trade of building, repairing, remodeling, and maintaining structures, involves projects such as constructing buildings, engineering endeavors, roadways, utility systems, and specialized facilities. The adoption of GPS technology for equipment tracking in large-scale construction projects, particularly in civil construction sites and mega-projects, has led to an increased demand for GPS devices within the construction sector. Notably, in June 2023, a study by the United States Census Bureau revealed that overall construction spending in April 2023 is expected to reach $1.9 trillion, indicating a 7.2% increase compared to April 2022. Additionally, 1,406,000 new dwelling units were constructed in January 2023, reflecting a 12.8% rise from January 2022. Consequently, the growth in the construction industry is a driving force behind the expansion of the mid- and high-level precision GPS receiver market.
The ascent of the oil and gas industry is set to fuel the growth of the mid- and high-level precision GPS receiver market. This industry, covering the exploration, extraction, refining, and distribution of petroleum and natural gas resources, relies on mid- and high-level precision GPS receivers for accurate positioning of drilling rigs and equipment. This precision ensures exact well placement and efficient extraction, especially in remote and complex environments requiring precise spatial data. Notably, in September 2023, HM Revenue and Customs reported that total government revenues from UK Oil and Gas production reached £1.4 billion in July 2022, representing a significant increase from £0.3 billion in the previous tax year of 2021 to 2022 - an uplift of £1.1 billion. As a result, the burgeoning oil and gas industry will contribute significantly to the growth of the mid- and high-level precision GPS receiver market.
Product innovation stands out as a prominent trend gaining traction in the mid- and high-level precision GPS receiver market. Key players in this market are actively engaged in the development of novel products to maintain their competitive positions. For instance, in December 2022, ComNav Technology Ltd., a China-based manufacturer specializing in GNSS (Global Navigation Satellite System) OEM boards and receivers for high-precision positioning, introduced the Universe Serie GNSS Receiver. This groundbreaking laser GNSS receiver offers rod-less survey capabilities by integrating a millimeter-level laser distance meter onto Venus. The laser mode replaces the traditional range pole, enabling GNSS surveying with a 10 cm measurement criterion even under slight operational variations, such as moderate shaking. This non-contact surveying approach has the potential to expand operational areas significantly, enhance efficiency, and ensure the safety of conventional GNSS receivers.
Major companies in the mid- and high-level precision GPS receiver market are prioritizing technological advancements, particularly in next-generation M-Code military GPS signals, to improve accuracy and security. These advanced encrypted signals enhance military positioning and navigation capabilities. For example, in May 2022, Septentrio N.V., a Belgium-based leader in high-precision GNSS positioning solutions, launched two innovative GNSS products tailored for marine applications: the AsteRx-U3 Marine and the AsteRx-m3 Fg. The AsteRx-U3 Marine is specifically engineered for reliable, high-precision positioning in offshore environments, while the AsteRx-m3 Fg provides compact and flexible solutions for various marine applications, including dredging and buoy positioning. Both products ensure robust GNSS signal reception and interference mitigation, delivering uninterrupted performance even under challenging conditions, thus enhancing Septentrio’s offerings in the marine market.
In January 2022, The ACR Group, a France-based provider specializing in satellite-based tracking, data communications, and emergency location products and services, completed the acquisition of TRX Systems for an undisclosed amount. This strategic move integrates TRX Systems into ACR Group's portfolio, alongside NAL Research and FreeFlight Systems, thereby strengthening a collective of companies dedicated to Precision, Navigation, and Timing (PNT) solutions. Together, this unified entity ensures guaranteed position and time accuracy, as well as comprehensive navigation and mapping services across various user types and platforms. ACR Group's enhanced technological offerings now encompass GPS-independent RF and inertial location, multi-GNSS support, and sensor fusion, resulting in an expanded range of capabilities. Notably, TRX Systems, a US-based developer known for its NEON GPS-denied location solutions, contributes the TRX Dismounted Assured Position, Navigation, and Timing (PNT) System to the integrated suite of offerings.
Major companies operating in the mid-and high-level precision GPS receiver market include Stonex Group Inc., CNH Industrial N.V., Raytheon Technologies Corporation, Hexagon AB, Garmin Ltd., Trimble Inc., MiTAC Holdings Corp., Topcon Positioning Systems Inc., u-blox AG, Hi-Target Surveying Instrument Co. Ltd., Raven Industries Inc., CHC Navigation Technology Ltd., AG Leader Technology Inc., Carlson Systems Holdings Inc., Septentrio N.V., Hemisphere GNSS Inc., NVS Technologies Inc., Javad GNSS Inc., Unicore Communications Inc., Swift Navigation Inc., Thales Group, Syntony SAS, SkyTraq Technology Inc., Geneq Inc., South Surveying & Mapping Technology Co. Ltd., Tersus GNSS Inc., Eos Positioning Systems Inc., NavtechGPS Inc., Satlab Geosolutions AB, Tallysman Wireless Inc.
Asia-Pacific was the largest region in the mid-and high-level precision GPS receiver market in 2024. The regions covered in the mid-and high-level precision gps receiver market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the mid-and high-level precision gps receiver market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A mid- and high-level precision GPS receiver, commonly referred to as a survey-grade GPS receiver, is an advanced L-band radio processor designed to deliver precise position and timing information with a high level of accuracy. These receivers are capable of providing centimeter-level accuracy, making them particularly well-suited for applications that demand precise measurements. Key features of these receivers include their capability for differential GPS (DGPS) techniques, carrier phase processing, accurate orbit determination, and advanced error modeling.
There are two primary types of mid- and high-level precision GPS receivers, differential-grade and survey-grade. Differential-grade GPS (DGPS) is a system that utilizes both satellites and ground-based reference stations to enhance the accuracy of GPS receivers. These receivers come in both single frequency and dual frequency variants, and they find applications across various industries such as agriculture, mining, construction, oil and gas, among others. Their widespread use is due to the critical role they play in achieving accurate and reliable positioning information for diverse applications in high-precision fields.
The mid-and high-level precision GPS receiver market research report is one of a series of new reports that provides mid-and high-level precision GPS receiver market statistics, including mid-and high-level precision GPS receiver industry global market size, regional shares, competitors with a mid-and high-level precision GPS receiver market share, detailed mid-and high-level precision GPS receiver market segments, market trends and opportunities, and any further data you may need to thrive in the mid-and high-level precision GPS receiver industry. This mid- and high-level precision GPS receiver market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The mid-and high-level precision GPS receiver market includes revenues earned by providing positioning services navigation, environmental monitoring, and mapping. The market value includes the value of related goods sold by the service provider or included within the service offering. The mid-and high-level precision GPS receiver market also includes sales of GPS and GNSS attitude and positioning receivers, heading receivers, DGPS (differential GPS) receivers, GIS receivers, data collection and mapping receivers, smart antennas, survey receivers, OEM receiver boards and receiver modules which are used in providing positioning services. 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Mid-and High-Level Precision GPS Receiver Market Characteristics3. Mid-and High-Level Precision GPS Receiver Market Trends and Strategies4. Mid-and High-Level Precision GPS Receiver Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Mid-and High-Level Precision GPS Receiver Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Mid-and High-Level Precision GPS Receiver Market34. Recent Developments in the Mid-and High-Level Precision GPS Receiver Market
5. Global Mid-and High-Level Precision GPS Receiver Growth Analysis and Strategic Analysis Framework
6. Mid-and High-Level Precision GPS Receiver Market Segmentation
7. Mid-and High-Level Precision GPS Receiver Market Regional and Country Analysis
8. Asia-Pacific Mid-and High-Level Precision GPS Receiver Market
9. China Mid-and High-Level Precision GPS Receiver Market
10. India Mid-and High-Level Precision GPS Receiver Market
11. Japan Mid-and High-Level Precision GPS Receiver Market
12. Australia Mid-and High-Level Precision GPS Receiver Market
13. Indonesia Mid-and High-Level Precision GPS Receiver Market
14. South Korea Mid-and High-Level Precision GPS Receiver Market
15. Western Europe Mid-and High-Level Precision GPS Receiver Market
16. UK Mid-and High-Level Precision GPS Receiver Market
17. Germany Mid-and High-Level Precision GPS Receiver Market
18. France Mid-and High-Level Precision GPS Receiver Market
19. Italy Mid-and High-Level Precision GPS Receiver Market
20. Spain Mid-and High-Level Precision GPS Receiver Market
21. Eastern Europe Mid-and High-Level Precision GPS Receiver Market
22. Russia Mid-and High-Level Precision GPS Receiver Market
23. North America Mid-and High-Level Precision GPS Receiver Market
24. USA Mid-and High-Level Precision GPS Receiver Market
25. Canada Mid-and High-Level Precision GPS Receiver Market
26. South America Mid-and High-Level Precision GPS Receiver Market
27. Brazil Mid-and High-Level Precision GPS Receiver Market
28. Middle East Mid-and High-Level Precision GPS Receiver Market
29. Africa Mid-and High-Level Precision GPS Receiver Market
30. Mid-and High-Level Precision GPS Receiver Market Competitive Landscape and Company Profiles
31. Mid-and High-Level Precision GPS Receiver Market Other Major and Innovative Companies
35. Mid-and High-Level Precision GPS Receiver Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Mid-and High-Level Precision GPS Receiver Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on mid-and high-level precision gps receiver market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for mid-and high-level precision gps receiver? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The mid-and high-level precision gps receiver market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Differential Grade; Survey Grade2) By Frequency Type: Single Frequency; Dual Frequency
3) By Industry: Agriculture; Mining; Construction; Oil and Gas; Other Industries
Subsegments:
1) By Differential Grade: Real-Time Kinematic (RTK) GPS; Post-Processed Kinematic (PPK) GPS2) By Survey Grade: Static GPS; Networked GPS
Key Companies Mentioned: Stonex Group Inc.; CNH Industrial N.V.; Raytheon Technologies Corporation; Hexagon AB; Garmin Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Stonex Group Inc.
- CNH Industrial N.V.
- Raytheon Technologies Corporation
- Hexagon AB
- Garmin Ltd.
- Trimble Inc.
- MiTAC Holdings Corp.
- Topcon Positioning Systems Inc.
- u-blox AG
- Hi-Target Surveying Instrument Co. Ltd.
- Raven Industries Inc.
- CHC Navigation Technology Ltd.
- AG Leader Technology Inc.
- Carlson Systems Holdings Inc.
- Septentrio N.V.
- Hemisphere GNSS Inc.
- NVS Technologies Inc.
- Javad GNSS Inc.
- Unicore Communications Inc.
- Swift Navigation Inc.
- Thales Group
- Syntony SAS
- SkyTraq Technology Inc.
- Geneq Inc.
- South Surveying & Mapping Technology Co. Ltd.
- Tersus GNSS Inc.
- Eos Positioning Systems Inc.
- NavtechGPS Inc.
- Satlab Geosolutions AB
- Tallysman Wireless Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | February 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 3.89 Billion |
| Forecasted Market Value ( USD | $ 6.21 Billion |
| Compound Annual Growth Rate | 12.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 30 |
