Armored Vehicles Navigation Systems Market 2021 Competitive Insights - Safran SA, KVH Industries, Inc., Hertz Systems Ltd Sp. z o.o., IAI Group, Bharat Electronics Limited

The Armored Vehicles Navigation Systems Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The armored vehicles navigation systems market is expected to exhibit a growth rate of more than 5.5% during the forecast period 2020 - 2025.

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Top Leading Companies of Armored Vehicles Navigation Systems Market are Safran SA, KVH Industries, Inc., Hertz Systems Ltd Sp. z o.o., IAI Group, Bharat Electronics Limited, Advanced Navigation, Honeywell International Inc., GEM Elettronica Srl, BAE Systems plc, Northrop Grumman Corporation, Thales Group, Raytheon Technologies Corporation and others.

Industry News and Updates

Honeywell Introduces Revolutionary Plastics Recycling Technology To Drive A Circular Plastics Economy Nov. 2, 2021 - Honeywell (NASDAQ: HON) today announced the commercialization of a revolutionary process that expands the types of plastics that can be recycled and can produce feedstock used to make recycled plastics with a lower carbon footprint. The new technology can reduce the need for fossil fuels in the creation of virgin plastics while enabling hundreds of cycles of recycling, with the goal of enabling a circular economy for plastics.

Honeywell's UpCycle Process Technology utilizes industry-leading molecular conversion, pyrolysis, and contaminants management technology to convert waste plastic back to Honeywell Recycled Polymer Feedstock, which is then used to create new plastics. The UpCycle Process technology expands the types of plastics that can be recycled to include waste plastic that would otherwise go unrecycled, including colored, flexible, multilayered packaging and polystyrene.

Key Market Trends

Asia Pacific To Exhibit The Highest Growth Rate

The Asia-Pacific is home to major military powers such as Japan, China, India, South Korea, etc. and these countries are significantly increasing their defense expenditure for the procurement and development of armored vehicles and armored vehicles navigation systems owing to the rising border conflict and terrorism in the region. China is emerging as a major weapon supplier at the regional level and it has supplied armored vehicles and tanks to countries such as Kenya and Thailand. India is looking forward to procuring nearly 200 Armored Vehicles for its Army whereas the demand for Armored Fighting Vehicles and Armored Personnel Carriers is also rising in small nations such as Thailand. The presence of major electronics equipment manufacturers in the region is also propelling the regional market growth.

Regional Outlook of Armored Vehicles Navigation Systems Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Armored Vehicles Navigation Systems Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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