Military GNSS Devices - Global Strategic Business Report

The global market for Military GNSS Devices is estimated at US$3.2 Billion in 2023 and is projected to reach US$3.5 Billion by 2030, growing at a CAGR of 1.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the military GNSS devices market is driven by several factors. Technological advancements, including the development of multi-frequency receivers and enhanced signal processing capabilities, are significantly boosting the performance and reliability of these devices. The increasing complexity of military operations, which require precise navigation and coordination, is also a major driver. Additionally, the rising threat of electronic warfare and the need for resilient PNT solutions are propelling demand. Government investments in defense modernization and the adoption of advanced weaponry and unmanned systems are further contributing to market growth.

Furthermore, the ongoing geopolitical tensions and the consequent focus on enhancing military capabilities are leading to increased procurement and deployment of sophisticated GNSS devices. The continuous evolution of satellite navigation technology and its integration into a wide range of military applications underscore the expanding importance and scope of military GNSS devices.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Airborne Application segment, which is expected to reach US$1.6 Billion by 2030 with a CAGR of a 1.9%. The Land Application segment is also set to grow at 1.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $859.8 Million in 2023, and China, forecasted to grow at an impressive 3.5% CAGR to reach $675.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Military GNSS Devices Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Military GNSS Devices Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Military GNSS Devices Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Accord Software & Systems Pvt Ltd., Collins Aerospace, Elbit Systems Ltd., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 86 Featured):

• Accord Software & Systems Pvt Ltd.
• Collins Aerospace
• Elbit Systems Ltd.
• General Dynamics Mission Systems, Inc.
• Gladiator Technologies
• Hertz Systems Ltd Sp. z o.o.
• Honeywell Aerospace Technologies
• JAVAD GNSS Inc.
• Juniper Systems Inc.
• Leonardo DRS
• LOCOSYS Technology Inc.
• Safran Group
• Seiko Epson Corporation
• Septentrio N.V.
• Thales Group