LEO PNT Market to Hit USD 0.95 Billion by 2031 on GNSS Interference
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Delray Beach – October 28, 2026 -- The low Earth orbit positioning, navigation and timing (LEO PNT) market will grow from USD 0.17 billion in 2026 to USD 0.95 billion by 2031, a CAGR of 41.3%, according to MarketsandMarkets.
GNSS interference and dedicated constellations drive demand
Defense, aviation, automotive, telecommunications and critical infrastructure customers want more reliable positioning, and rising GNSS interference is accelerating investment in dedicated LEO navigation constellations. Miniaturized atomic clocks, navigation signal generators, GNSS modules and RF transmission hardware are improving payload performance and enabling compact LEO PNT satellites.