This 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 position, navigation, and timing (PNT) solution market size has grown rapidly in recent years. It will grow from $1.39 billion in 2024 to $1.57 billion in 2025 at a compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to precision agriculture, autonomous and connected vehicles, inertial navigation systems (INS), global positioning system (GPS), and multi-constellation systems.
The position, navigation, and timing (PNT) solution market size is expected to see rapid growth in the next few years. It will grow to $2.39 billion in 2029 at a compound annual growth rate (CAGR) of 11%. The growth in the forecast period can be attributed to next-generation satellite systems, quantum technologies, 5G technology integration, advanced inertial navigation systems, and proliferation of low earth orbit (LEO) satellites. Major trends in the forecast period include regulatory developments, robust anti-spoofing and anti-jamming technologies, augmentation systems development, emergence of new navigation technologies, and integration with internet of things (IoT).
Increasing demand for autonomous vehicles is expected to propel the growth of the position, navigation, and timing solution market going forward. Autonomous vehicles, also known as self-driving or driverless vehicles, can operate and perform necessary functions without human intervention. Positioning, navigation, and time solutions are used in manufacturing autonomous cars to provide accurate position data, navigation direction, and time synchronization to ensure secure and effective operation. For instance, in December 2022, according to a report published by the Insurance Institute for Highway Safety, a US-based non-profit organization, there were projected to be 3.5 million autonomous vehicles or self-driving cars on American roads by 2025. Also, 4.5 million autonomous vehicles will be on the road by 2030. Therefore, increasing demand for autonomous vehicles will drive the position, navigation, and timing solution market.
Major companies operating in the position, navigation, and timing solution market are focused on developing sensor-based technology products such as position, navigation, and timing (PNT) boards to strengthen their position in the market. A Position, Navigation, and Timing (PNT) board is an electrical circuit or module that combines the three main PNT capabilities: positioning, navigation, and timing. For instance, in January 2022, Concurrent Technologies, a UK-based manufacturing company of position, navigation, and timing solutions, launched the Rugged 3U VPX position, navigation, and timing (PNT) plug-in card. Rugged 3U VPX is intended to give accurate and dependable PNT information under challenging settings. The PNT board is built following the Sensor Open Systems Architecture (SOSA) technological standard, which promotes interoperability while reducing development time and costs. The PNT board incorporates a GNSS receiver, an inertial measurement unit, and a precision timing module to give precise and dependable PNT data.
In October 2022, Viavi Solutions, a US-based communications equipment company, acquired Jackson Labs Technologies for an undisclosed amount. Through the acquisition, VIAVI expanded its portfolio with Jackson Labs' position, navigation, and timing solutions, enabling the company to offer a more comprehensive range of products and services in this domain. Jackson Labs Technologies Inc. is a US-based company specializing in position, navigation, and timing (PNT) solutions for critical infrastructure.
Major companies operating in the position, navigation, and timing (PNT) solution market are Lockheed Martin Corporation, Qualcomm Technologies Inc, General Dynamics Corporation, Northrop Grumman Corporation, Honeywell International, BAE Systems plc, Safran S.A., Thales SA, Collins Aerospace, L3Harris Technologies Inc, Booz Allen Hamilton Inc., CACI International, Garmin Ltd, Parsons Corporation, Saab Ab, Israel Aerospace Industries, Trimble Inc, Leonardo DRS Inc, QinetiQ, VIAVI Solutions Inc., Adtran Inc., Spirent Communications plc, Telespazio S.p.A., NovAtel Inc. (Hexagon AB), WR Systems Ltd, Integrated Solutions for Systems Inc., Chelton Limited, SpacePNT Sàrl, NextNav Inc.
North America was the largest region in the position, navigation, and timing (PNT) solution market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the position, navigation, and timing (PNT) solution market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the position, navigation, and timing (PNT) solution market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The position, navigation, and timing solution market consists of revenues earned by entities by providing services such as precise time synchronization, global positioning systems, geospatial data services, jamming and spoofing detection, and critical infrastructure. The market value includes the value of related goods sold by the service provider or included within the service offering. The position, navigation, and timing solution market also includes sales of GNSS receivers, inertial measurement units (imus), antennas, atomic clock radar and lidar sensors, and communication 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).
Position, navigation, and timing (PNT) solutions refer to systems and technologies that provide information about the location (position), orientation (navigation), and accurate timing of objects or users. They are essential for the functioning of critical infrastructure sectors and are used in various applications such as GPS, autonomous vehicles, and other navigation systems.
The main types of position, navigation, and timing (PNT) solutions are precise point positioning (PPP), real-time kinematics (RTK), precise point positioning-real-time kinematics (PPP-RTK), and wide-area real-time kinematics (WARTK). Precise point positioning (PPP) refers to a global navigation satellite system (GNSS) positioning method that calculates very precise positions, with errors as small as a few centimeters under good conditions. The components are categorized into satellites and ground. These solutions are used in applications such as navigation, positioning, precision timing, and geo-location by end users such as defense, commercial, government, and civil.
The main types of position, navigation, and timing (PNT) solutions are precise point positioning (PPP), real-time kinematics (RTK), precise point positioning-real-time kinematics (PPP-RTK), and wide-area real-time kinematics (WARTK). Precise point positioning (PPP) refers to a global navigation satellite system (GNSS) positioning method that calculates very precise positions, with errors as small as a few centimeters under good conditions. The components are categorized into satellites and ground. These solutions are used in applications such as navigation, positioning, precision timing, and geo-location by end users such as defense, commercial, government, and civil.
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 position, navigation, and timing (PNT) solution market size has grown rapidly in recent years. It will grow from $1.39 billion in 2024 to $1.57 billion in 2025 at a compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to precision agriculture, autonomous and connected vehicles, inertial navigation systems (INS), global positioning system (GPS), and multi-constellation systems.
The position, navigation, and timing (PNT) solution market size is expected to see rapid growth in the next few years. It will grow to $2.39 billion in 2029 at a compound annual growth rate (CAGR) of 11%. The growth in the forecast period can be attributed to next-generation satellite systems, quantum technologies, 5G technology integration, advanced inertial navigation systems, and proliferation of low earth orbit (LEO) satellites. Major trends in the forecast period include regulatory developments, robust anti-spoofing and anti-jamming technologies, augmentation systems development, emergence of new navigation technologies, and integration with internet of things (IoT).
Increasing demand for autonomous vehicles is expected to propel the growth of the position, navigation, and timing solution market going forward. Autonomous vehicles, also known as self-driving or driverless vehicles, can operate and perform necessary functions without human intervention. Positioning, navigation, and time solutions are used in manufacturing autonomous cars to provide accurate position data, navigation direction, and time synchronization to ensure secure and effective operation. For instance, in December 2022, according to a report published by the Insurance Institute for Highway Safety, a US-based non-profit organization, there were projected to be 3.5 million autonomous vehicles or self-driving cars on American roads by 2025. Also, 4.5 million autonomous vehicles will be on the road by 2030. Therefore, increasing demand for autonomous vehicles will drive the position, navigation, and timing solution market.
Major companies operating in the position, navigation, and timing solution market are focused on developing sensor-based technology products such as position, navigation, and timing (PNT) boards to strengthen their position in the market. A Position, Navigation, and Timing (PNT) board is an electrical circuit or module that combines the three main PNT capabilities: positioning, navigation, and timing. For instance, in January 2022, Concurrent Technologies, a UK-based manufacturing company of position, navigation, and timing solutions, launched the Rugged 3U VPX position, navigation, and timing (PNT) plug-in card. Rugged 3U VPX is intended to give accurate and dependable PNT information under challenging settings. The PNT board is built following the Sensor Open Systems Architecture (SOSA) technological standard, which promotes interoperability while reducing development time and costs. The PNT board incorporates a GNSS receiver, an inertial measurement unit, and a precision timing module to give precise and dependable PNT data.
In October 2022, Viavi Solutions, a US-based communications equipment company, acquired Jackson Labs Technologies for an undisclosed amount. Through the acquisition, VIAVI expanded its portfolio with Jackson Labs' position, navigation, and timing solutions, enabling the company to offer a more comprehensive range of products and services in this domain. Jackson Labs Technologies Inc. is a US-based company specializing in position, navigation, and timing (PNT) solutions for critical infrastructure.
Major companies operating in the position, navigation, and timing (PNT) solution market are Lockheed Martin Corporation, Qualcomm Technologies Inc, General Dynamics Corporation, Northrop Grumman Corporation, Honeywell International, BAE Systems plc, Safran S.A., Thales SA, Collins Aerospace, L3Harris Technologies Inc, Booz Allen Hamilton Inc., CACI International, Garmin Ltd, Parsons Corporation, Saab Ab, Israel Aerospace Industries, Trimble Inc, Leonardo DRS Inc, QinetiQ, VIAVI Solutions Inc., Adtran Inc., Spirent Communications plc, Telespazio S.p.A., NovAtel Inc. (Hexagon AB), WR Systems Ltd, Integrated Solutions for Systems Inc., Chelton Limited, SpacePNT Sàrl, NextNav Inc.
North America was the largest region in the position, navigation, and timing (PNT) solution market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the position, navigation, and timing (PNT) solution market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the position, navigation, and timing (PNT) solution market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The position, navigation, and timing solution market consists of revenues earned by entities by providing services such as precise time synchronization, global positioning systems, geospatial data services, jamming and spoofing detection, and critical infrastructure. The market value includes the value of related goods sold by the service provider or included within the service offering. The position, navigation, and timing solution market also includes sales of GNSS receivers, inertial measurement units (imus), antennas, atomic clock radar and lidar sensors, and communication 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).
Position, navigation, and timing (PNT) solutions refer to systems and technologies that provide information about the location (position), orientation (navigation), and accurate timing of objects or users. They are essential for the functioning of critical infrastructure sectors and are used in various applications such as GPS, autonomous vehicles, and other navigation systems.
The main types of position, navigation, and timing (PNT) solutions are precise point positioning (PPP), real-time kinematics (RTK), precise point positioning-real-time kinematics (PPP-RTK), and wide-area real-time kinematics (WARTK). Precise point positioning (PPP) refers to a global navigation satellite system (GNSS) positioning method that calculates very precise positions, with errors as small as a few centimeters under good conditions. The components are categorized into satellites and ground. These solutions are used in applications such as navigation, positioning, precision timing, and geo-location by end users such as defense, commercial, government, and civil.
The main types of position, navigation, and timing (PNT) solutions are precise point positioning (PPP), real-time kinematics (RTK), precise point positioning-real-time kinematics (PPP-RTK), and wide-area real-time kinematics (WARTK). Precise point positioning (PPP) refers to a global navigation satellite system (GNSS) positioning method that calculates very precise positions, with errors as small as a few centimeters under good conditions. The components are categorized into satellites and ground. These solutions are used in applications such as navigation, positioning, precision timing, and geo-location by end users such as defense, commercial, government, and civil.
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. Position, Navigation, and Timing (PNT) Solution Market Characteristics3. Position, Navigation, and Timing (PNT) Solution Market Trends and Strategies4. Position, Navigation, and Timing (PNT) Solution Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Position, Navigation, and Timing (PNT) Solution Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Position, Navigation, and Timing (PNT) Solution Market34. Recent Developments in the Position, Navigation, and Timing (PNT) Solution Market
5. Global Position, Navigation, and Timing (PNT) Solution Growth Analysis and Strategic Analysis Framework
6. Position, Navigation, and Timing (PNT) Solution Market Segmentation
7. Position, Navigation, and Timing (PNT) Solution Market Regional and Country Analysis
8. Asia-Pacific Position, Navigation, and Timing (PNT) Solution Market
9. China Position, Navigation, and Timing (PNT) Solution Market
10. India Position, Navigation, and Timing (PNT) Solution Market
11. Japan Position, Navigation, and Timing (PNT) Solution Market
12. Australia Position, Navigation, and Timing (PNT) Solution Market
13. Indonesia Position, Navigation, and Timing (PNT) Solution Market
14. South Korea Position, Navigation, and Timing (PNT) Solution Market
15. Western Europe Position, Navigation, and Timing (PNT) Solution Market
16. UK Position, Navigation, and Timing (PNT) Solution Market
17. Germany Position, Navigation, and Timing (PNT) Solution Market
18. France Position, Navigation, and Timing (PNT) Solution Market
19. Italy Position, Navigation, and Timing (PNT) Solution Market
20. Spain Position, Navigation, and Timing (PNT) Solution Market
21. Eastern Europe Position, Navigation, and Timing (PNT) Solution Market
22. Russia Position, Navigation, and Timing (PNT) Solution Market
23. North America Position, Navigation, and Timing (PNT) Solution Market
24. USA Position, Navigation, and Timing (PNT) Solution Market
25. Canada Position, Navigation, and Timing (PNT) Solution Market
26. South America Position, Navigation, and Timing (PNT) Solution Market
27. Brazil Position, Navigation, and Timing (PNT) Solution Market
28. Middle East Position, Navigation, and Timing (PNT) Solution Market
29. Africa Position, Navigation, and Timing (PNT) Solution Market
30. Position, Navigation, and Timing (PNT) Solution Market Competitive Landscape and Company Profiles
31. Position, Navigation, and Timing (PNT) Solution Market Other Major and Innovative Companies
35. Position, Navigation, and Timing (PNT) Solution Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Position, Navigation, and Timing (PNT) Solution Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on position, navigation, and timing (pnt) solution 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 position, navigation, and timing (pnt) solution? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The position, navigation, and timing (pnt) solution 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: Precise Point Positioning (PPP); Real-Time Kinematic (RTK); Precise Point Positioning-Real-Time Kinematic (PPP-RTK); Wide-Area Real-Time Kinematics (WARTK)2) By Component: Satellite; Ground
3) By Application: Navigation; Positioning; Precision Timing; Geo-Location
4)By End User: Defense; Commercial; Government And Civil
Subsegments:
1) By Precise Point Positioning (PPP): Static PPP Solutions; Kinematic PPP Solutions; Networked PPP Solutions2) By Real-Time Kinematic (RTK): Single-Base RTK Solutions; Network RTK Solutions; RTK For Agriculture And Construction
3) By Precise Point Positioning-Real-Time Kinematic (PPP-RTK): Integrated PPP-RTK Solutions; Applications In Autonomous Vehicles; Surveying And Mapping Applications
4) By Wide-Area Real-Time Kinematics (WARTK): Wide-Area Networks For WARTK; WARTK For Large-Scale Applications; Hybrid WARTK Solutions
Key Companies Mentioned: Lockheed Martin Corporation; Qualcomm Technologies Inc; General Dynamics Corporation; Northrop Grumman Corporation; Honeywell International
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
Some of the major companies featured in this Position, Navigation, and Timing (PNT) Solution market report include:- Lockheed Martin Corporation
- Qualcomm Technologies Inc
- General Dynamics Corporation
- Northrop Grumman Corporation
- Honeywell International
- BAE Systems plc
- Safran S.A.
- Thales SA
- Collins Aerospace
- L3Harris Technologies Inc
- Booz Allen Hamilton Inc.
- CACI International
- Garmin Ltd
- Parsons Corporation
- Saab Ab
- Israel Aerospace Industries
- Trimble Inc
- Leonardo DRS Inc
- QinetiQ
- VIAVI Solutions Inc.
- Adtran Inc.
- Spirent Communications plc
- Telespazio S.p.A.
- NovAtel Inc. (Hexagon AB)
- WR Systems Ltd
- Integrated Solutions for Systems Inc.
- Chelton Limited
- SpacePNT Sàrl
- NextNav Inc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 1.57 Billion |
| Forecasted Market Value ( USD | $ 2.39 Billion |
| Compound Annual Growth Rate | 11.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 29 |
