Global GNSS Simulator Market is Expected to Generate USD 565 Million by 2034: Future Market Insights, Inc. - FMIBlog
The GNSS simulator market is anticipated to be valued at USD 225.1 million by 2024. The market valuation is estimated to be USD 565 million by 2034, projected at a CAGR of 9.6%.
A key driver of the GNSS simulator market is the growing adoption of GNSS technology in sectors such as automotive, aerospace, maritime, and agriculture. With the rise of autonomous vehicles, drones, and precision farming equipment, there is a heightened need for GNSS simulators to replicate satellite signals and simulate various environmental conditions for testing purposes.