Global Military Navigation Market overview:

Global Military Navigation Market to reach USD 13.4 billion by 2025.

Global Military Navigation Market valued approximately USD 8.1 billion in 2017 is anticipated to grow with a healthy growth rate of more than 6.50% over the forecast period 2017-2025.

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Military forces worldwide are focused on the integration of navigation equipment with aircraft, ships, unmanned systems, missiles, and rockets, which is expected to drive the military navigation market. The decline in the procurement of defense equipment due to limited defense funding is acting as a key restraint to the growth of the military navigation market.

The Global Military Navigation Market is segmented on the basis of Platform, Application, Component, Grade and Regions. Based on Platform, the military navigation market has been segmented into Aviation, Ammunition, Marine, Ground, Space and Unmanned Vehicle. Increasing threats, advancements in technology, and futuristic conflicts have increased the need for navigation products in unmanned aircraft and defense aircraft, among other platforms.

Based on Application, the Military Navigation Market has been segmented into Command & Control (C2) Intelligence, Surveillance & Reconnaissance (ISR) Combat & Security, Search & Rescue (SAR) and Targeting & Guidance. ISR systems are designed to process specialized communications and navigation protocols from tactical and national intelligence systems. They provide access to mission critical data without clogging tactical communications networks and dramatically increase situational awareness for operators. Based on Component, the market has been segmented into Hardware, Software and Service. The service segment is expected to witness the highest growth among all due to the upgradation and overhaul services for old fleets of various defense organizations.

Regionally, North American military navigation market is projected to witness considerable growth during the forecast period. Factors responsible for the growth of the military navigation market in North America include the growing demand for new UAVs and aircraft. As most of the aircraft navigation equipment manufacturing companies are in the US, North America is considered to be a mature region in terms of adopting military navigation solutions and services.

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Major Key Players:

1 Cobham

2 Esterline Technologies

3 Garmin

4 Ge Aviation

5 Honeywell International

6 KVH Industries

7 L3 Technologies

8 Moog

9 Raytheon

10 Rockwell Collins

11 Thales

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 Latin America (Brazil Mexico)

3 Asia Pacific (China, Japan, India)

4 Europe Country (Germany, UK)

5 Rest of the World

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Table of Contents:

Global Military Navigation Market Report 2018

Global Military Navigation Market Definition and Scope
Research Methodology
Executive Summary
Global Military Navigation Market Dynamics
Global Military Navigation Market, By Platform
Global Military Navigation Market, By Application
Global Military Navigation Market, By Component
Global Military Navigation Market, By Grade
Global Military Navigation Market, by Regional Analysis
Competitive Intelligence
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