Military navigation

Global Military Navigation Market Size, by Components (Hardware, Services), Grade (Navigation Grade, Tactical Grade), Application, & Region - Key Manufacturers, Analysis, Growth Trends, and Forecast till 2025

Category: Telecom and IT     ID: IRP1727     Date: Aug, 2020
The global Military Navigation market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2025, at a CAGR of XX% during 2018 to 2025. Scope of global Military Navigation market includes by Components (Hardware, Services, Software), by Grade (Navigation Grade, Tactical Grade, Space, Marine), by Application (Command & Control, Intelligence, Surveillance & Reconnaissance, Combat & Security, Targeting & Guidance, Connected Vehicles, Others), and by Region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).
Military navigation is applied for numerous military purposes and are specifically vital in absence of light in night missions. Military navigation contains the ability to use a compass, read maps and other navigational skills. Navigation is also used to idea and track the movements of groups in operations of search and save hurt soldiers, with significant reduction of response time.

Rising integration of navigation equipment with missiles, aircraft, unmanned systems, ships, and rockets is one of the main fundamental issues that are driving the global military navigation market. The demand for navigation systems in military is mounting in order to meet the future needs of military transport aircrafts. Growing demand for missiles and armaments systems and mounting inclination towards the use of UAVs due to geopolitical uncertainties and changing nature of war is improving the growth of military navigation market across the world. Navigation systems are used for several military activities, including air land and sea navigation and accurate positioning for a wide range of military applications. The improved adoption of military navigation has improved the nature of command and control, weapons targeting, supply delivery on the battlefield and guidance of unmanned systems. The increasing demand for excellent performance navigation systems for various applications in aeronautic industry that require high navigation and guidance accuracy. Furthermore, the deterioration in the defense equipment procurement due to restricted defense funding may hinder the growth of military navigation market globally.

Regionally, Europe is accounted for the main share in the military navigation market in 2017. Countries in this region contain the UK, Russia, Germany, France, and Italy, among others. The presence of some of the major market players, such as Safran (France), Cobham (UK), Garmin (Switzerland), and Thales (France), and the large number of military missiles deliveries in this region have contributed to the growth of the military navigation market in Europe.

The global Military Navigation market is primarily segmented by Components, Grade, Application, and region.

On the basis of Components, the market is split into:
* Hardware
* Services
* Software

Based on Grade, the market is divided into:
* Navigation Grade
* Tactical Grade
* Space Grade
* Marine Grade

Based on the Application, the market is segmented into:
* Command & Control
* Intelligence, Surveillance & Reconnaissance
* Combat & Security
* Targeting & Guidance
* Others

Moreover, the market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia

Key Market Players:
The key players profiled in the market include:
* Cobham PLC
*Esterline Technologies Corporation
*Garmin Ltd.
*GE Aviation
*Honeywell International
* Israel Aerospace Industries
* KVH Industries
* L3 Technologies
* Northrop Grumman
* Rockwell Collins
* Safran Electronics and Defense
* Trimble Navigation

These enterprises are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their Applications across the globe.
Key Benefits of the Report:
* Global, regional, country, Components, Application, and Grade market size and their forecast from 2014-2025
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
* Detailed analysis on industry outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis on Key players’ strategic initiatives and competitive developments, such as joint ventures, mergers, sales contracts, and new product launches in the market
* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, Componentss, Applications, and Grades with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of Military Navigation

Target Audience:
* Military Navigation manufacturer & Components Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Intelligence, Surveillance & Reconnaissance and Research Organizations
* Associations and Industry Bodies

Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, Intelligence, Surveillance & Reconnaissance and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, Combat & Security behavior, and Application trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Intelligence, Surveillance & Reconnaissance Body & Associations
* Research Institutes

Project Analysis

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