The global Military Navigation Systems Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027. Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the military navigation systems market include Cobham Limited, Esterline Technologies, Garmin Ltd., GE Aviation, Honeywell International Inc., IAI, KVH Industries, Inc., Parker Hannifin Corp, L3Harris Technologies, Inc., Moog, Inc.. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
Rising homeland security, worsening inter-nation relations, and growing defense expenditure are primary factors stimulating market growth. Military forces are increasingly using a navigation system to target insurgents and terrorist groups. The increasing use of navigation systems is attributed to the various benefits, including reducing risk to lives of defense personnel, precise strikes to eliminate terrorist groups, and cost-effectiveness. Military navigation systems have transformed the nature of weapons targeting, command and control, the guidance of unmanned systems, and supply delivery on the battlefield too much extent. Advancing technologies and spurring integration of navigation equipment with aircraft, ships, unmanned systems, missiles, and rockets to create new opportunities for market growth. However, inadequate funding support in some countries and lack of skilled workforce act as crucial restraints for market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of military navigation systems . The growth and trends of military navigation systems industry provide a holistic approach to this study.
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Market Segmentation
This section of the Military Navigation Systems market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Platform
- Aviation (Combat Aircraft, Military Helicopter, Military Transport Aircraft)
- Ammunition (Missile, Rockets)
- Marine (Shipboard, Submarine)
- Ground (Armored Vehicle, Man-Portable Device)
- Space (Space Launch Vehicles, Satellites)
- Unmanned Vehicle (UAVs, UMVs, UGVs)
By Application
- Command & Control
- Intelligence, Surveillance & Reconnaissance (ISR)
- Combat & Security
- Targeting & Guidance
- Search & Rescue (SAR)
By Component
- Hardware (GPS Receiver, Inertial Navigation System, Anti-jamming Device, SONAR, Personal Navigation System, Sense and Avoid System (SAS), Thrust Vector Control, Radar Altimeter, Radar, AIS Receiver)
- Software
- Service
By Grade
- Navigation Grade
- Tactical Grade
- Space Grade
- Marine Grade
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the military navigation systems market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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