Military Navigation Market by Offering (Hardware, Software, Solution), by Function (Guidance, Positioning, Weapon Targeting Others), by Application (Missile, Submarine, Others), by Region (Asia Pacific, Europe, Middle East and Africa, South America, North America) – Global Forecast (2019 to 2027)

Military Navigation Market: Summary

The Global Military Navigation Market is estimated to reach USD 14.6 Billion by 2027 at a CAGR of 6%.

Navigation is defined as the procedure of precisely determining position of someone and plan up the route to reach. It is practised in the field of military to navigate  enemy resources to plan attack strategies and to attain precise location of their own units. The navigation system is used to plan and trace the movement of the fleet accompanied by the armed troops and to perform search & rescue operations of soldiers in less time. The system is very useful in night missions and is used by military in land navigation, aviation navigation, and maritime navigation. 

Military Navigation Market: Drivers & Challenges

Market Drivers:

  • Rising Geopolitical Conflicts

Political instability can be noticed across the globe rising geopolitical instability, regional conflicts, and uncertainty. The world is into a distressing geopolitical phase, which is multiconceptual in nature creating military tensions between the countries. Such conditions can surge the demand for the military navigation system across the globe. The nations are trying to sustain in this phase and spending on the military equipment procurement remarkably. The defence industry can be benefitted from this situation as huge investments are made as a reaction to this geopolitical conflict.

Thus, rising geopolitical conflicts may contribute in the growth of the military navigation market, during the forecast period.

Market Challenges:

  • Poor Accuracy of Inertial Navigation Systems

The inertial navigation system is autonomous in nature, which make it useful in degraded condition such as in tunnel and underwater. However, when the system is used for longer time, the navigation error increases which results in long-term poor accuracy of the whole system. In addition to this, the problem related to heat dissipation is also observed in this system with time. Developing more accurate system, which does not dissipates heat and takes less alignment time can be helpful to the manufacturers.

Thus, poor accuracy of inertial navigation systems may be a challenging factor for the growth of the military navigation Market, during the forecast period.

Military Navigation Market: Key Segments

  • Based on offering segmentation comprises of: Hardware, Software, and
  • Based on function segmentation comprises of: Guidance, Command and Control, Weapons Targeting, Positioning, Precision Targeting, Geo-Surveying and
  • Based on application segmentation comprises of: Unmanned Air and Ground Vehicles, Missiles, Defence Helicopters, Defence Aircrafts, Rockets, Submarines, and
  • Based on region segmentation comprises of: North America, South America, Europe, Asia-Pacific, and Middle East & Africa, with individual country-level analysis.

Military Navigation Market: Report Scope

The report on the military navigation market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2018-2027

Base Year for Market Calculation

2019

Forecasted Period

2020-2027 (2020 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Offering, Function, Application and Region

Regional Coverage

Asia-Pacific, Europe, Middle East and Africa, South America and North America

 

Key Companies Covered

  • Safran (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • L3Harris Technologies, Inc.
  • Collins Aerospace
  • Cobham Limited
  • Thales Group
  • Honeywell International Inc.
  • EMCORE Corporation
  • Raytheon Company
  • Moog Inc.
  • Garmin Ltd.
  • Other Key Companies

Military Navigation Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Military Navigation Market, by Offering

  • Hardware
  • Software
  • Solutions

Military Navigation Market, by Function

  • Guidance
  • Command and Control
  • Weapons Targeting
  • Positioning
  • Precision Targeting
  • Geo-Surveying
  • Others

Military Navigation Market, by Application

  • Unmanned Air and Ground Vehicles
  • Missiles
  • Defence Helicopters
  • Defence Aircrafts
  • Rockets
  • Submarines
  • Others

Military Navigation Market, by Region

  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Sweden
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the major developments influencing the market worldwide and its growth?
  • What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
  • What are the evolving types of the global market?
  • What are the evolving applications of global market?
  • What are the major characteristics that will affect the global market growth during the study period?
  • Whom are the key global players operating in the market?
  • How are the major players leveraging in the existing global market conditions?

Report Audience

  • Military Navigation Market Providers
  • Military Navigation Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Military Navigation Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE MILITARY NAVIGATION MARKET STUDY

1      INTRODUCTION

1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations

2      RESEARCH DESIGN & SCOPE

2.1       Introduction

2.2       Primary Research

                                  2.2.1    Key Industry Expert Insight

2.3       Secondary Research

                                  2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation

3      EXECUTIVE SUMMARY

4      MARKET DYNAMICS

4.1       Introduction

4.2       Drivers

                                 4.2.1.    Rising Geopolitical Conflicts

4.3       Opportunities

                                 4.3.1.    Augmented GPS Navigation

4.4       Challenges

                                 4.4.1.    Poor Accuracy of Inertial Navigation Systems

5      INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1       Introduction

                                 5.1.1.    Power of Buyers

                                 5.1.2.    Power of Suppliers

                                 5.1.3.    Intensity of Competition

                                 5.1.4.    Challenges of Substitutes

                                 5.1.5.    Challenges of New Entrants

5.2       Macro-Economic Indicators

6      GLOBAL MILITARY NAVIGATION MARKET BY OFFERING, Market Size in USD Million (2019—2027)

6.1       Introduction

6.2       Hardware

6.3       Software

6.4       Solutions

7      GLOBAL MILITARY NAVIGATION MARKET BY FUNCTION, Market Size in USD Million (2019—2027)

7.1       Introduction

7.2       Guidance

7.3       Command and Control

7.4       Weapons Targeting

7.5       Positioning

7.6       Precision Targeting

7.7       Geo-Surveying

7.8       Others

8      GLOBAL MILITARY NAVIGATION MARKET BY APPLICATION, Market Size in USD Million (2019—2027)

8.1       Introduction

8.2       Unmanned Air and Ground Vehicles

8.3       Missiles

8.4       Defense Helicopters

8.5       Defense Aircrafts

8.6       Rockets

8.7       Submarines

8.8       Others

9      GLOBAL MILITARY NAVIGATION MARKET BY REGION, Market Size in USD Million (2019—2027)

9.1       North America

                                  9.1.1    US

                                  9.1.2    Canada

                                  9.1.3    Mexico

9.2       Europe

                                  9.2.1    Germany

                                  9.2.2    France

                                  9.2.3    Italy

                                  9.2.4    UK

                                  9.2.5    Rest of Europe

9.3       Asia-Pacific

                                  9.3.1    China

                                  9.3.2    India

                                  9.3.3    Japan

                                  9.3.4    South Korea

                                  9.3.5    Rest of Asia-Pacific

9.4       Middle East and Africa

                                  9.4.1    Saudi Arabia

                                  9.4.2    UAE

                                  9.4.3    Rest of Middle East and Africa

9.5       South America

                                  9.5.1    Brazil

                                  9.5.2    Argentina

                                  9.5.3    Rest of South America

10   COMPETITIVE LANDSCAPE

10.1     Introduction

10.2     Market Ranking/Share Analysis of Key Companies

10.3     Company Benchmarking

11   COMPANY PROFILES

11.1     Safran

                                11.1.1    Company Overview

                                11.1.2    Financial Overview

                                11.1.3    Products/Solutions/Services Offered

                                11.1.4    Key Developments

                                11.1.5    SWOT Analysis

11.2     L3Harris Technologies, Inc.

11.3     Collins Aerospace

11.4     Cobham Limited

11.5     Thales Group

11.6     Honeywell International Inc.

11.7     EMCORE Corporation

11.8     Raytheon Company

11.9     Moog Inc.

11.10  Garmin Ltd.

11.11  Other Key Companies

12   APPENDIX

12.1     Key Industry Expert Insights

12.2     Primary Discussion Guide

12.3     Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

 

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

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