Market Overview:
The global military GPS device market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced navigation and positioning systems by militaries across the world. Additionally, the growing need for precision-guided munitions (PGMs) is also contributing to the growth of this market. Based on type, the global military GPS device market can be segmented into fixed and portable devices. Fixed devices are those that are installed in a particular location and used for a specific purpose, while portable devices are those that can be carried around by users as needed. Based on application, this market can be segmented into ground forces, air forces, and others (maritime forces, space applications). Geographically, it can be divided into North America, Latin America, Europe Asia Pacific ,and Middle East & Africa . Some of the key players operating in this market include Honeywell International Inc., Rockwell Collins Inc., L3 Technologies Inc., Thales Group SA,, Garmin Ltd., Trimble Navigation Ltd.
Product Definition:
Military GPS devices are receivers used to determine a user's location. They are important for military personnel because they allow troops to navigate in unfamiliar or dangerous territory.
Fixed:
By geography, the global military GPS device market is segmented into North America (U.S., Canada), Asia Pacific (China, India), Latin America (Brazil), Western Europe (Germany, Italy, France, England) and Eastern Europe (Poland). The Fixed-It’s are used by the armed forces for navigation and positioning.
Portable:
The global Portable is a device that helps in navigation and location-based services. It is used to record the geographical position of a user by determining the latitude and longitude of a point. The technology has evolved over time with improvements in accuracy, portability, cost, and usability. A portable can be defined as “a self-contained unit designed to operate for a limited period” or “a small vessel or aircraft for carrying passengers or freight between two places”.
Application Insights:
The ground forces application segment held the largest share of over 60.0% in 2017. The growth can be attributed to the increasing usage of Global Positioning Systems in military vehicles for navigation and positioning, along with other applications such as battlefield management, command and control, and intelligence tracking. Moreover, a rise in demand for highly accurate GPS devices that offer enhanced location accuracy is expected to drive the market over the forecast period.
Air forces are also anticipated to witness significant growth owing to their rising use in aircraft navigation systems as well as air-to-ground missiles & bombsight units.
Regional Analysis:
North America dominated the global military GPS device market in 2017. The U.S., being the most dominant and developed economy, has a well-established infrastructure for defense purposes. Moreover, it is one of the top five military spender across the globe with high investments in research & development as well as procurement of advanced equipment for its armed forces to ensure their dominance on ground and in air space.
Asia Pacific is expected to be one of fastest growing regional markets over the forecast period owing to increasing geopolitical tensions between countries such as India and China, which have led to an increase in defense expenditure by respective governments; thereby driving demand for enhanced navigation devices such as GPS systems within their armed forces. Furthermore, rising terrorist threats due to cross-border incidences between these nations are also anticipated boost product demand within Asia Pacific region over next eight years (2018 - 2030).
Growth Factors:
- Increasing demand for navigation and positioning devices in military applications
- Growing number of GPS-enabled smartphones and tablets
- Proliferation of location-based services (LBS) and augmented reality (AR) applications
- Development of next-generation GPS receivers with enhanced capabilities
- Increased funding for research and development initiatives in the field of military GPS devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Military GPS Device Market Research Report
By Type
Fixed, Portable
By Application
Ground Forces, Air Forces, Others
By Companies
BAE Systems, Raytheon Technologies Corporation (Rockwell Collins), Northrop Grumman, Thales Group, L3Harris Technologies, Lockheed Martin, Garmin Ltd., KB Navis, BAE Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Military GPS Device Market Report Segments:
The global Military GPS Device market is segmented on the basis of:
Types
Fixed, Portable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Ground Forces, Air Forces, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BAE Systems
- Raytheon Technologies Corporation (Rockwell Collins)
- Northrop Grumman
- Thales Group
- L3Harris Technologies
- Lockheed Martin
- Garmin Ltd.
- KB Navis
- BAE Systems
Highlights of The Military GPS Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fixed
- Portable
- By Application:
- Ground Forces
- Air Forces
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Military GPS Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A military GPS device is a portable navigation system used by the armed forces. These devices can be used to navigate in unfamiliar or hostile environments, and can provide critical information such as troop movements and battlefield conditions.
Some of the major companies in the military gps device market are BAE Systems, Raytheon Technologies Corporation (Rockwell Collins), Northrop Grumman, Thales Group, L3Harris Technologies, Lockheed Martin, Garmin Ltd., KB Navis, BAE Systems.
The military gps device market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Military GPS Device Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Military GPS Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Military GPS Device Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Military GPS Device Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Military GPS Device Market Size & Forecast, 2018-2028
4.5.1 Military GPS Device Market Size and Y-o-Y Growth
4.5.2 Military GPS Device Market Absolute $ Opportunity
Chapter 5 Global Military GPS Device Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Military GPS Device Market Size Forecast by Type
5.2.1 Fixed
5.2.2 Portable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Military GPS Device Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Military GPS Device Market Size Forecast by Applications
6.2.1 Ground Forces
6.2.2 Air Forces
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Military GPS Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Military GPS Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Military GPS Device Analysis and Forecast
9.1 Introduction
9.2 North America Military GPS Device Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Military GPS Device Market Size Forecast by Type
9.6.1 Fixed
9.6.2 Portable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Military GPS Device Market Size Forecast by Applications
9.10.1 Ground Forces
9.10.2 Air Forces
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Military GPS Device Analysis and Forecast
10.1 Introduction
10.2 Europe Military GPS Device Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Military GPS Device Market Size Forecast by Type
10.6.1 Fixed
10.6.2 Portable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Military GPS Device Market Size Forecast by Applications
10.10.1 Ground Forces
10.10.2 Air Forces
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Military GPS Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Military GPS Device Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Military GPS Device Market Size Forecast by Type
11.6.1 Fixed
11.6.2 Portable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Military GPS Device Market Size Forecast by Applications
11.10.1 Ground Forces
11.10.2 Air Forces
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Military GPS Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Military GPS Device Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Military GPS Device Market Size Forecast by Type
12.6.1 Fixed
12.6.2 Portable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Military GPS Device Market Size Forecast by Applications
12.10.1 Ground Forces
12.10.2 Air Forces
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Military GPS Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Military GPS Device Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Military GPS Device Market Size Forecast by Type
13.6.1 Fixed
13.6.2 Portable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Military GPS Device Market Size Forecast by Applications
13.10.1 Ground Forces
13.10.2 Air Forces
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Military GPS Device Market: Competitive Dashboard
14.2 Global Military GPS Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BAE Systems
14.3.2 Raytheon Technologies Corporation (Rockwell Collins)
14.3.3 Northrop Grumman
14.3.4 Thales Group
14.3.5 L3Harris Technologies
14.3.6 Lockheed Martin
14.3.7 Garmin Ltd.
14.3.8 KB Navis
14.3.9 BAE Systems
