RTK GNSS Receiver Module Market
The market for RTK GNSS Receiver Module was estimated at $725 million in 2024; it is anticipated to increase to $2.45 billion by 2030, with projections indicating growth to around $6.76 billion by 2035.
Global RTK GNSS Receiver Module Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The RTK GNSS Receiver Module industry revenue is expected to be around $888.1 million in 2025 and expected to showcase growth with 22.5% CAGR between 2025 and 2034. The expanding presence of RTK GNSS Receiver Module market highlights its rising importance across industries. The main factors propelling this market include the increasing digitalization of industries the rapid growth in autonomous vehicles deployment and the continual demand for geospatial data for a variety of uses. Cloud based services and the IOT also play a role in boosting demand by using RTK GNSS Receiver Module, for positioning and measurements. These aspects contribute to the relevance of RTK GNSS Receiver Module promising significant market opportunities in the years to come.
Market Key Insights
The Rtk Gnss Receiver Module market is projected to grow from $725.0 million in 2024 to $5.52 billion in 2034. This represents a CAGR of 22.5%, reflecting rising demand across Surveying & Mapping, Precision Agriculture, and Autonomous Vehicles.
Trimble Navigation Limited, Hexagon AB, Topcon Corporation are among the leading players in this market, shaping its competitive landscape.
U.S. and Germany are the top markets within the Rtk Gnss Receiver Module market and are expected to observe the growth CAGR of 21.6% to 31.5% between 2024 and 2030.
Emerging markets including Indonesia, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 16.9% to 23.4%.
Transition like Adoption of Precision Agriculture is expected to add $159 million to the Rtk Gnss Receiver Module market growth by 2030.
The Rtk Gnss Receiver Module market is set to add $4.8 billion between 2024 and 2034, with manufacturer targeting Agriculture & Construction Application projected to gain a larger market share.
With
robust infrastructure development, and
Autonomous Vehicle Revolution, Rtk Gnss Receiver Module market to expand 661% between 2024 and 2034.
Opportunities in the RTK GNSS Receiver Module
Growth Opportunities in North America and Asia-Pacific
Market Dynamics and Supply Chain
Driver: Increasing Need for High-Precision Positioning in Surveying and Autonomous Systems
Restraint: High Cost and Complexity of RTK GNSS Solutions Limit Adoption Among Small Users
Opportunity: Exploiting Untapped Industrial Applications
Challenge: Dependence on Correction Infrastructure and Signal Reliability Challenges Market Growth
Supply Chain Landscape
Raw Material Procurement
Manufacturing of Key Components
Assembly & Testing
End User Industry Distribution
Raw Material Procurement
Manufacturing of Key Components
Assembly & Testing
End User Industry Distribution
Use Cases of RTK GNSS Receiver Module in Surveying & Mapping & Autonomous Vehicles
Recent Developments
Recent developments in the RTK GNSS receiver module market show strong emphasis on multi-constellation positioning, real-time kinematic correction services, and integrated high-precision navigation for surveying, agriculture, and autonomous systems. A key trend is the adoption of low-power, compact modules with improved signal reliability and multi-frequency support, enabling centimeter-level accuracy even in challenging environments. Manufacturers are also focusing on cloud-based corrections and sensor fusion to enhance performance and expand use in drones and connected vehicle platforms.