Military GNSS Device Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (GPS, Glonass, Galileo, Others); Application (Navigation, Target Tracking, Missile and Projectile Guidance, Search and Rescue, Reconnaissance, Nuclear Detonation Detectors, Asset Tracking (GNSS+GPRS)); End Users (Air Force, Ground Force, Naval Force) and Geography
Report Code: TIPRE00023387
| No. of Pages: 150
| Category: Aerospace and Defense
| Status: Upcoming
GNSS stands for Global Navigation Satellite System and is used to describe any satellite navigation system with global coverage. Satellite navigation systems relay highly accurate geolocation information to GNSS devices and receivers to determine your current location. Standard accuracy GNSS receivers are accurate to within about two meters. High precision GNSS systems dramatically improve precision using GNSS correction data to cancel out GNSS errors.
The "Global Military GNSS Device Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the military GNSS device market with detailed market segmentation by type, application, end user and geography. The report provides key statistics on the market status of the leading military GNSS device market players and offers key trends and opportunities in the market.
Based on type, the global military GNSS device market is segmented into GPS, glonass, galileo, others
On the basis of application, the market is segmented navigation, target tracking, missile and projectile guidance, search and rescue, reconnaissance, nuclear detonation detectors, asset tracking (GNSS+GPRS)
On the basis of end user, the market is segmented air force, ground force, naval force
MARKET DYNAMICS Drivers:
Demand for Accurate Real-Time Data
Integration of Satellite Navigation Technology With Other Navigation Systems.
Enhancement of Situational Awareness
Battle-Proven Precision Munitions Using GPS Signals
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The military GNSS device market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the military GNSS device market in these regions.
IMPACT OF COVID-19 ON MILITARY GNSS DEVICE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report covers key developments in the military GNSS device market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from military GNSS device market are anticipated to lucrative growth opportunities in the future with the rising demand for military GNSS device in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the military GNSS device market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Lockheed Martin Corporation
V3 Novus Pvt Ltd
LOCOSYS Technology Inc
General Dynamics Mission Systems, Inc.
Meteksan Defence Industry Inc.
Seiko Epson Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. Lockheed Martin Corporation
2. Thales Group
3. BAE Systems
4. V3 Novus Pvt Ltd
5. LOCOSYS Technology Inc
6. Raytheon Technologies.
7. General Dynamics Mission Systems, Inc.
8. Spirent Communications
9. Meteksan Defence Industry Inc.
10. Seiko Epson Corporation
11. Northrop Grumman