Press release
Military Navigation Market growing at 6.50% to cross USD 13.4 Billion by 2025: Top Leading Vendors - Cobham, Esterline Technologies, Garmin, GE Aviation, Honeywell, KVH Industries, Moog, Raytheon, Rockwell Collins, Thales
Military Navigation Market
Global Military Navigation Market Overview:
The Global Military Navigation Market to reach USD 13.4 Billion by 2025. The Global Military Navigation Market valued approximately USD 8.1 Billion in 2017 is anticipated to grow with a healthy growth rate of more than 6.50% over the forecast period 2017-2025.
Military forces worldwide are focused on the integration of navigation equipment with aircraft, ships, unmanned systems, missiles, and rockets, which is expected to drive the military navigation market. The decline in the procurement of defense equipment due to limited defense funding is acting as a key restraint to the growth of the Military Navigation Market.
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The Global Military Navigation Market is segmented based on Platform, Application, Component and Region. On the basis of Platform, the Military Navigation Market sub-segmented into aviation, ammunition, marine, ground, space, and unmanned vehicle. Increasing threats, advancements in technology and futuristic conflicts have increased the need for navigation products in unmanned aircraft and defense aircraft, among other platforms.
On the basis of Application, the Military Navigation Market is sub-segmented into command & control (C2); intelligence, surveillance & reconnaissance (ISR); combat & security; search & rescue (SAR); and targeting & guidance. ISR systems are designed to process specialized communications and navigation protocols from tactical and national intelligence systems. They provide access to mission critical data without clogging tactical communications networks and dramatically increase situational awareness for operators.
In terms of theComponent, the Military Navigation Market is sub-segmented into hardware, software, and service. The service segment is expected to witness the highest growth among all due to the upgradation and overhaul services for old fleets of various defense organizations.
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The regional analysis of Global Military Navigation Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America, Europe, Asia Pacific, and Rest of the World have been considered in the regional analysis of the military navigation market. Europe is estimated to lead the military navigation market in 2019
Major Key Players:
1 Cobham
2 Esterline Technologies
3 Garmin
4 GE Aviation
5 Honeywell International
6 KVH Industries
7 L3 Technologies
8 Moog
9 Raytheon
10 Rockwell Collins
11 Thales and More………
Market segment by Regions/Countries, this report covers:
1 North America
2 Europe
3 Asia Pacific
4 Latin America
5 Rest of the World
Purchase this report online with 80 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Military Navigation Market 2019 - 2025” @ https://www.businessindustryreports.com/buy-now/108062/single .
What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which are the leading market products, applications & regions and how will they perform by 2025?
3 What are the technologies & innovation trends, how will they evolve by 2025?
4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
Major Points in Table of Contents:
Global Military Navigation Market Report 2019
1 Global Military Navigation Market Definition and Scope
2 Research Methodology
3 Executive Summary
4 Global Military Navigation Market Dynamics
5 Global Military Navigation Market, By Platform
6 Global Military Navigation Market, By Application
7 Global Military Navigation Market, By Component
8 Global Military Navigation Market, By Grade
9 Global Military Navigation Market, by Regional Analysis
10 Competitive Intelligence
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