Military GPS Receivers Market is Forecasted to Reach US$ 875.3 million in 2030, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global Military GPS Receivers Market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2030: US$ 875.3 million

Growth (CAGR): 5.1% during 2024-2030

Leading Application Type: PGM

Leading Product Type: M-Code GPS receivers

Leading Frequency Type: Dual-frequency GPS receiver

Leading Region: North America

Forecast Period: 2024-2030

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 4

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Military GPS Receivers Market:

The global Military GPS Receivers Market is segmented based on Product type, Frequency type, Application type and region.

Based on Product Type

“M-Code GPS receivers are likely to dethrone the P(Y) code receivers during the forecast period and become the major market category”.

The military GPS receiver market is segmented into P(Y) Code GPS receivers and M-code GPS receivers. Ever since the commencement of the sales of M-Code GPS receivers, their sales have been increasing exponentially, eroding the market share of the traditionally used P(Y) Code receivers.

These advanced devices are designed to enhance the PNT capabilities of armed units and provide improved resistance to existing and emerging threats to GPS such as jamming and spoofing. Therefore, it is estimated that the M-Code GPS receivers will completely replace the P(Y) Code receivers in the coming decade.

Based on Frequency Type

“Dual-frequency GPS receiver is predicted to remain the larger and faster-growing segment of the market in the coming years”.

The market is segmented into single-frequency GPS receivers and dual-frequency GPS receivers. Dual-frequency GPS receivers are preferred over their single-frequency counterparts due to their greater accuracy and resistance to multipath errors, which are common for the latter.

Furthermore, if any one of the two frequencies fails, the other one works as a backup, thus ensuring uninterrupted signal transmission.

Based on Application Type

“PGM-based GPS receivers are expected to remain the biggest demand generator in the market during the forecast period. Aviation-based GPS receivers are likely to witness the fastest growth”.

The military GPS receiver market is segmented into aviation-based GPS receivers, ground-based GPS receivers, PGM-based GPS receivers, handheld GPS receivers, and maritime equipment-based GPS receivers.

Among these application types, the PGM-based application is estimated to remain the market leader for military GPS receivers in the coming years, as these GPS systems form an essential component in the PGMs (such as missiles, bombs, and projectiles). Moreover, with the increasing hostilities across the globe, the demand for PGMs has been increasing manifold, thereby, fueling the market growth.

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Which region shows the most promising growth forecast and opportunity?

The analysis suggests that North America is expected to remain the largest market during the forecast period. This growth outlook is mainly attributed to the following:

·      In terms of regions, North America is likely to remain the largest market for military GPS receivers over the forecast period, with the USA accounting for the majority of the market. The country has been extensively investing in military GPS receivers to enhance the overall capabilities of its armed forces.

·      Furthermore, market-leading companies, such as BAE Systems, L3Harris Technologies, Inc., and RTX Corporation, are present in the region, giving North America an unrivaled advantage over other regions.

Military GPS Receivers Market Drivers:

Some of the key drivers listed in the report are given below.

• Rising Demand for Precision Navigation and Positioning in Modern Warfare: The increasing complexity of military operations necessitates highly accurate and reliable navigation systems. Military GPS receivers provide critical positioning, navigation, and timing (PNT) services for troops, vehicles, aircraft, and unmanned systems. Advancements in GPS technology and integration with other sensors are driving market expansion as armed forces seek improved situational awareness.
• Growing Adoption of Unmanned Aerial Vehicles (UAVs) and Autonomous Systems; The widespread deployment of UAVs and autonomous platforms in surveillance, reconnaissance, and combat roles is boosting demand for advanced military GPS receivers. These receivers enable precise route planning, target tracking, and mission execution, supporting enhanced operational effectiveness.
• Technological Advancements Enhancing GPS Receiver Capabilities: Innovations such as anti-jamming, anti-spoofing features, multi-constellation compatibility (GPS, GLONASS, Galileo, BeiDou), and miniaturization are improving the resilience and accuracy of military GPS receivers. These enhancements enable reliable operation in contested or degraded environments, which is critical for modern defense applications.

Competitive Landscape: Top 10 Companies in the Military GPS Receivers Market:

The market is moderately fragmented, with over 20 players. Most of the major players compete on some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:

• BAE Systems
• General Dynamics Corporation
• Hertz Systems
• Israel Aerospace Industries
• Juniper Systems, Inc.
• L3Harris Technologies, Inc.
• Mayflower Communications
• RTX Corporation (Raytheon)
• Thales Group
• Trimble Inc.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the data center liquid cooling market, answering critical questions like

-       How big is the sales opportunity?

-       Which regions offer the best sales opportunities?

-       Which are the most attractive market segments?

-       Which are the top players and their market positioning?

-       How complex is the business environment?

-       What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

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·      Military GNSS Receivers Market

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Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.

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