The Military GNSS Devices Market is being driven by Growing demand for unmanned platforms
The Military GNSS Devices Market is expected to grow at a CAGR of 3.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 634.7 million. In the realm of military operations, network-centric warfare (NCW) represents a strategic approach to gaining a competitive edge against adversaries. This approach hinges on the interconnectivity of warfighting assets, including sensors, communication networks, command centers, and associated platforms. NCW's primary objective is to facilitate situational awareness and synchronization between these elements in a rapidly evolving battlefield environment. The reduction of information cycle time is a significant benefit of NCW, enabling real-time decision-making and response. To effectively capture and generate actionable intelligence in NCW operations, the integration of precise navigation sensors for drones and unmanned vehicles is essential. These sensors enable the triangulation of positions, ensuring the minimum necessary information is exchanged for optimal military performance.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
228 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.3% |
Market growth 2025-2029 |
USD 634.7 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
3.2 |
Key countries |
US, China, India, Canada, Russia, Mexico, UK, Japan, France, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Military Global Navigation Satellite Systems (GNSS) Devices Market encompasses technologies such as GPS spoofing countermeasures, multi-constellation tracking, data fusion, and sensor integration. It caters to the needs of military applications, including geospatial intelligence, military mapping, and battlefield visualization. Network centric warfare, military data networks, and secure communications protocols are integral components. Interoperability standards ensure seamless integration of autonomous navigation systems, AI-powered navigation, and deep learning algorithms. Sensor fusion, trajectory prediction, obstacle avoidance, remote sensing, aerial reconnaissance, geodetic surveys, precision agriculture, disaster response, search and rescue, and resource management are additional applications.
The Military Global Navigation Satellite Systems (GNSS) Devices Market encompasses military GPS receivers, GNSS data processing, navigation software, positioning accuracy, signal integrity, and anti-jamming technology. This market falls under the Defense Electronics sector in the Aerospace and Defense Industry. The market size is determined by the combined revenue generated by manufacturers and providers for this specific technology in various industries, including aerospace and defense, building, construction and engineering, electrical equipment, industrial conglomerates, machinery, trading companies, and distributors. Technavio's analysis covers MRO activities related to these sectors as well.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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