About Military Navigation
A navigation system is a defined as instruments which helps in determining the position of a particular place or person. It acts as a guide map and is basically segmented based on the source the signal frequency is emitted. Military navigation is a core military discipline, which uses courses that are an essential part of military training. The satellite navigation is applicable to military missions for the navigation purposes in territories of enemy, and are especially important in absence of the light in night missions. Worldwide Military forces are focused on integration of the navigation equipment with ships, aircraft, unmanned systems, rockets and missiles, which is expected to drive the market of military navigation
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 6.5% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Military Navigation market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
L3 Technologies (United States), Esterline (United States), GE Aviation (United States), Honeywell International (United States), Moog (United States), Northrop Grumman (United States), Raytheon (United States), Rockwell Collins (United States), Trimble (United States) and KVH Industries (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Safran (France), Cobham (United Kingdom), Garmin (Switzerland), Thales (France) and IAI (Israel).
Segmentation Overview
AMA Research has segmented the market of Global Military Navigation market by Type (Automotive Navigation System, Global Positioning System (GPS), Marine Navigation System, Surgical Navigation System, Inertial Navigation System, Robotic Navigation and Others), Application (Command & Control (C2), Intelligence, Surveillance & Reconnaissance (ISR), Combat & Security, Search & Rescue (SAR) and Targeting & Guidance) and Region.
On the basis of geography, the market of Military Navigation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Platform, the sub-segment i.e. Aviation will boost the Military Navigation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Grade, the sub-segment i.e. Navigation Grade will boost the Military Navigation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Hardware, the sub-segment i.e. Radar will boost the Military Navigation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware will boost the Military Navigation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The rise in demand for a more accurate, real-time tracking and monitoring facility and Increasing Use of UAVs By Defense Forces as Loitering Munition
Market Growth Drivers:
Rising in the demand for aircrafts and missiles in developing economies and Availability of Miniaturized Components at Affordable Prices
Challenges:
Lack of network infrastructure in underdeveloped areas and accuracy of location and Clock inaccuracy and orbit shift of satellites are likely to provide technical challenges to GPS usage
Restraints:
Licensing, strict rules, and regulations by government in various countries across the globe and Operational Reliability Associated With High-End Inertial Navigation Sensors
Opportunities:
Demand for New Generation Air and Missile Defense Systems and Integration of Anti-Jamming Capabilities With Navigation Systems
Market Leaders and their expansionary development strategies
In July 2020, BAE Systems has completed its acquisition of the Collins Aerospace Military Global Positioning System (GPS) business from Raytheon Technologies Corporation, bringing decades of experience, innovative technology, and an extensive installed base of products to the company.
In January 2019, E Aviation’s Passport, the first ultra-long-range business jet engine, officially entered service on Dec. 20 during a ceremony by Bombardier Business Aircraft celebrating the delivery of its first Global 7500* luxury aircraft. Bombardier’s Global 7500* jet promises to revolutionize the market and significantly change the private aviation landscape. With its signature smooth ride, four true living spaces and the longest range in the industry, the Global 7500** business jet offers unmatched performance and comfortIn May 2023, ISRO’s NVS-1 NavIC satellite launch enhances India’s GPS capabilities. NavIC’s 7 satellites improve positioning for civilians and the military. NVS-1, part of 2nd-gen, introduces new services and advanced tech like Rubidium atomic clock.
Key Target Audience
Key Consulting Companies & Advisors, Large, medium-sized, and small enterprises, Venture capitalists, Value-Added Resellers (VARs), Third-party knowledge providers, Investment bankers, Investors, System Integrators, Technology Providers, Component Manufacturers, Raw Material Suppliers and Government and Certification Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.