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Defense Navigation Systems Market

Defense Navigation Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Defense and Aeronautics Navigation Systems Market - Snapshot

The global defense and aeronautics navigation systems market gathers momentum from the increased penetration and growing demand of the system across the globe. A defense and aeronautics navigation system provides GPS positioning. This system is extremely vital for the operations of military equipment across the globe.

A navigation system refers to a device that comes with the ability of ascertaining one’s current position and enables the user to determine his or her destination. A GPS system is a type of navigation system that is made for a certain purpose such as a smartphone app or a handheld or a car-based device. GPS system comes with a 24-satellite navigation system that utilizes several satellite signals to figure the location of the receiver.

GPS systems find use across various applications. Some of which are as follows

  • Mining
  • Aviation
  • Agriculture
  • Marine
  • Surveying
  • Military

In addition, technological progress made in the navigation system has exerted considerable influence on the global defense and aeronautics navigation systems market. Furthermore, relentless demand for accuracy and preciseness is likely to offer lucrative opportunity for the expansion of the global defense and aeronautics navigation systems. Rise in the number of aircrafts is also expected to impact the market positively in near future.

A defense navigation system offers GPS positioning and is an important equipment for military operations. There are various factors boosting the market for defense navigation systems such as technological advancement in navigation systems, rise in demand for accuracy, and rise in the number of aircrafts. In July 2013, India launched the IRNSS-1A to be deployed in the Indian Regional Navigation Satellite System (IRNSS) program to be completed in 2015 - 2016. In addition, China is also developing its original BeiDou satellite navigation system, which is scheduled to be operational by 2020.

The market is segmented on the basis of product type, application, technology, and geography. Based on product type, the defense navigation systems market is segmented into marine grade, navigation grade, and tactical grade among others. In 2016, the navigation grade segment had the major market share and is anticipated to retain the same during the forecast period 2016 – 2024. The major factor boosting the demand is increasing number of fighter planes, and technological advancements in navigation systems.

Based on applications, the defense navigation systems market is segmented into airborne platform, naval platform, and land platform. The naval platform market is further sub segmented into commercial marine, surface vessel, and submarines. In 2016, the naval platform market segment had the major market share and is anticipated to retain the same during the forecast period 2016 – 2024. However, the global military submarines and shipbuilding industry is affected significantly due to the decline in spending in Europe and the U.S. The major factor driving the naval platform is growing demand for accuracy in navigation. The airborne platform market is further sub segmented into helicopters, military aircraft, UAV systems, weapons and missiles, astronomy, aviation services, and others. The land platform market is sub segmented into air-land battle space digitization, artillery, infantry, armored vehicles, and others.

Based on technology, the defense navigation systems market is segmented into fiber optic gyro navigation system, ring laser gyro navigation system, mechanical navigation system, hemispherical resonator gyro navigation system, micro mechanical systems based navigation system, and others. In 2016, the fiber optic gyro navigation system segment dominated the market and is anticipated to do so during the forecast period 2016 – 2024. Vibrating gyroscope technology segment is anticipated to rise at the maximum CAGR during the forecast period 2016 – 2024. The major factor boosting the growth of the market is its ability to provide low noise navigation and exact altitude in risky weather conditions.

Based on regions, the defense navigation systems market is segmented into North America, Europe, Asia Pacific, South America, and Middle East and Africa. North America holds the major market share followed by Europe. Some of the major factors driving the market in North America are huge military spending and rise in demand for new aircrafts. The U.S. is the key contributor to the defense navigation systems market in North America. Europe held the second major share of the market followed by Asia Pacific, Middle East and Africa, and South America. Asia Pacific is anticipated to witness the maximum CAGR among all regions during the forecast period 2016 – 2024.

Some of the important players in the defense navigation systems market include Northrop Grumman Corporation (U.S.), Honeywell International Inc. (U.S.), and L-3 Communications Holdings, Inc. (U.S.). These top players are focusing on penetrating the growing economies and are adopting several methods to boost their market share. Some of the others players are Sagem (France), Rockwell Collins (U.S.), Thales Group (France), Trimble Navigation Ltd. (U.S.), LORD MicroStrain (U.S.), VectorNav Technologies, LLC (U.S.), and Systron Donner Inertial (U.S.) among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market  

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.   


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