A recent report published by Infinium Global Research on Military GNSS Market (Type – GPS, GLONASS, Compass, and Other Types; Applications – Target Tracking, Navigation, Search and Rescue, Nuclear Detonation Detectors, Asset Tracking, Unmanned Systems, and Other Applications): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025
Military GNSS Market
GNSS technology addresses the needs of Navigation Warfare such as electronic support, electronic protection, and electronic attack. It ensures continuous positioning in interference and jamming. The new techniques offer users the ability to detect, locate, and characterize interference sources. Growing innovation and integration in military activities are proliferating GNSS apps.
Military GNSS Market: Driver and Opportunities
Nowadays, several countries are predominantly focusing on strengthening their defense force. Benefits of GNSS are military precision-guided munitions, precise time reference, mobile satellite communications, emergency, and location-based services, and others. This has led to the rising importance of secured GNSS enabled military operations. GPS is the oldest GNSS system. The use of global navigation satellite technology (GNSS) in different applications and guided munitions contributes to the growth of the military GNSS market.
In addition, increasing demand for accurate real-time data drives the demand for the military GNSS. The integration of satellite navigation technology with other navigation systems promotes the growth of the military GNSS market. Modernization of existing GNSS led to the growth of the military GNSS market. In addition, improvement in situational awareness is one of the causes leading to the expansion of the military GNSS market. On the flip side, technological limitations and defense budget cuts hamper the growth of the military GNSS market. Moreover, growing network-centric warfare creates several growth opportunities for the military GNSS market.
Military GNSS Market: Regional Insights
North America is expected to hold a premium share in the global military GNSS market. The early adoption of military GNSS systems in the United States contributed heavily to the growth of the military GNSS market in North America. Asia-Pacific region is expected to grow with a healthy CAGR over the forecast period. The rising defense investment and increasing territorial disputes in the Asia-Pacific region stimulate the development of the military GNSS market in Asia-Pacific. Europe is anticipated to have significant growth in the global military GNSS market owing to the fast evolution of satellite navigation technology and the adoption of GNSS applications in Europe augment the expansion of the military GNSS market in Europe.
Military GNSS Market: Segmentation
The report on the global military GNSS market covers segments such as type and applications. On the basis of type, the sub-markets include GPS, GLONASS, compass, and other types. On the basis of applications, the sub-markets include target tracking, navigation, search and rescue, nuclear detonation detectors, asset tracking, unmanned systems, and other applications.
Military GNSS Market: Competitive Landscapes
The report provides profiles of the companies in the market such as Thales Group, Rockwell Collins Inc., BAE Systems plc, Avidyne Corporation, Raytheon Co., Trimble Navigation Ltd., Sarantel Group PLC, Lockheed Martin Corporation, Boeing Defense, Space & Security, and other companies.
Browse Complete Global Report and Detailed TOC: https://www.infiniumglobalresearch.com/automotive/global-military-gnss-market
