Press release
Global Anti-Jamming Market Comprehensive Study: Forecasted Market Size And Growth Rate | BAE Systems plc, Cobham Ltd., Thales Group, Collins Aerospace, InfiniDome Ltd., RTX Corporation, Raytheon Technologies Corporation, NovAtel Inc., Mayflower Communicat
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2061The Business Research Company offers in-depth market insights through Anti-Jamming Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The anti-jamming market size has grown strongly in recent years. It will grow from $4.51 billion in 2023 to $4.94 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to geopolitical tensions and security threats, commercialization of anti-jamming solutions, research and development investments, regulatory mandates and standards, increased incidents of gnss spoofing. .
The anti-jamming market size is expected to see strong growth in the next few years. It will grow to $7.1 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to increasing frequency and sophistication of jamming threats, continued dependence on gnss technologies, growth in unmanned systems and autonomous vehicles, global navigation system upgrades, cybersecurity concerns and hybrid threats, geopolitical tensions and national security concerns. . Major trends in the forecast period include environmental factors and resilience planning, collaboration among industry players, global navigation system upgrades, commercialization of anti-jamming solutions, adoption of resilient pnt architectures, interference detection and mitigation solutions..
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Market Segmentation:
The anti-jamming market covered in this report is segmented -
1) By Receiver Type: Military and Government Grade, Commercial Transportation Grade
2) By Technique: Nulling Technique, Beam Steering Technique, Civilian Technique
3) By Application: Flight Control, Surveillance & Reconnaissance, Position, Navigation, & Timing, Targeting, Casualty Evacuation, Other Applications
Major Driver - Rising Defense Budgets Fueling Growth In The Anti-Jamming Market
Increasing allotment of higher military & defense budgets by most governments are the significant factor driving the growth of the anti-jamming market. The governments of different countries are allotting more money to the military and defense to enhance the nation's security and establish technically advanced military bases with innovative machinery and defense systems. This higher allocation of defense budgets is expected to boost demand for anti-jamming products, as it is one of the significant ways to enhance the nation's security in sensitive environments. In the United States, defense spending makes up $754 billion of the $7.2 trillion annual budget for 2022, which is approximately 10.5% of the US budget. Similarly, in India, for the 2022-2023 budget, the government increased the Ministry of Defense's (MoD) budget allocations by 9.8% to approximately $70.6 billion (INR 5.25 trillion). These increasing military and defense budgets are expected to increase demand for anti-jamming products during the forecast period.
Competitive Landscape:
Major companies operating in the anti-jamming market report are BAE Systems plc, Cobham Ltd., Thales Group, Collins Aerospace, InfiniDome Ltd., RTX Corporation, Raytheon Technologies Corporation, NovAtel Inc., Mayflower Communications, Furuno Electric Company, Harris Corporation, Lockheed Martin Corporation, Boeing Company, U Blox Holding AG, Israel Aerospace Industries, L3Harris Technologies Inc., Orolia SAS, Forsberg Services Ltd, TUALCOM ELECTRONICS INC., Septentrio NV, Hexagon AB, Singapore Technologies Engineering Ltd,, Rohde & Schwarz GmbH & Co. KG, Safran Electronics & Defense Services India Private Limited, Telephonics Corporation, Trimble Inc., UrsaNav Inc., STMicroelectronics N. V., New Relic, Inc., Radware Ltd.
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Top Trend - Technological Advancement Transforming The Market
Technological advancement is a key trend gaining popularity in the anti-jamming market. The key players in the anti-jamming sector are focusing on bringing advanced anti-jamming systems to meet end-customer demands and strengthen their position in the market. For instance, In October 2021, VERIPOS, a UK-based division of Hexagon's Autonomy & Positioning that offers solutions for the offshore marine oil and gas industry, launched GAJT-410MS, a GPS anti-jamming technology, according to the company GAJT-410MS anti-jamming as adaptive nulling, including jammer direction-finding and up to three simultaneous nulls for multi-jammer circumstances, protects against RF interference. Furthermore, In July 2021, infiniDome, an Israel-based GPS Security Company, launched GPSdome 2 Duo, which provides GNSS protection for ground-based UGV fleets, small-to-medium Class 2-3 unmanned aerial vehicle or unmanned aircraft system (UAV/UAS). It protects any GNSS-based system from multiple interfering signals.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Anti-Jamming Market Characteristics
3. Anti-Jamming Market Trends And Strategies
4. Anti-Jamming Market - Macro Economic Scenario
5. Anti-Jamming Market Size And Growth
…..
27. Anti-Jamming Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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