Defense Satellite-based Navigation Systems Market to Grow at a CAGR of 4.10% with Emergence of Adaptive Navigation System (ANS)

A navigation system is an electronic system that aids in navigation. The system contains maps that are displayed to the user in a readable format via text or in a graphical form. The navigation systems that are available for military use are in two setups. These include hand-held devices, such as the Defense Advanced GPS Receiver (DAGR) , and embedded systems that are fitted onto aircraft, naval vessels, or ground vehicles. The two types of navigation systems that are commonly used are the inertial navigation system (INS) and the satellite-based navigation system.

Publisher's analysts forecast the global defense satellite-based navigation systems market to grow at a CAGR of 4.10% during the period 2017-2021.

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The increasing dependence on the US' Navstar, which is a network of satellites that provide GPS navigation services for military and civilians, has induced several countries to launch their own network of satellites in space. The Chinese military launched its first BeiDou satellite navigation system in 2000, which is currently operating 16 satellites that service the APAC. Such satellite launches will propel the usage of satellite-based navigation systems by the defense forces, which will subsequently drive market growth.

Key vendors
-Honeywell International
-Raytheon
-Rockwell Collins
-Safran
-Thales Group

Other prominent vendors
-BAE Systems
-Harris
-Moog
-Northrop Grumman
-KVH Industries

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Market driver
-Growing development and launches of satellites

Market challenge
-Alternatives to satellite-based navigation systems

Market trend
-Emergence of adaptive navigation system (ANS)

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

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