Military GNSS Devices Market by Application and Geography - Forecast and Analysis 2022-2026

Published: Jul 2022 Pages: 120 SKU: IRTNTR40143

The military GNSS/GPS devices market share is expected to increase by USD 456.94 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 2.91%.

The military GNSS/GPS devices market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (airborne, land, weapon systems, and naval) and geography (North America, APAC, Europe, Middle East and Africa, and South America).

The military GNSS devices market report also offers information on several market vendors, including Accord Software and Systems Pvt. Ltd., Avidyne Corp., BAE Systems Plc, Cobham Ltd., Elbit Systems Ltd., Garmin Ltd., General Dynamics Corp., Hertz Systems Ltd. Spzoo, Hexagon AB, L3Harris Technologies Inc., Lockheed Martin Corp., LOCOSYS Technology Inc., NavtechGPS Inc., Northrop Grumman Corp., OROLIA SAS, Raytheon Technologies Corp., Safran SA, Thales Group, and Trimble Inc. among others.

BAE Systems Plc is a public company headquartered in the UK. It is a global company generating USD 26,311.17 million in revenues and has around 89,600 employees. Its revenue from the global military GNSS devices market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. The company offers military GNSS devices such as navigation and guidance solutions for airborne systems, precision-guided munitions, handheld receivers, and embedded applications. 

What will the Military GNSS/GPS Devices Market Size be During the Forecast Period?

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Parent Market Analysis

Technavio categorizes the global military GNSS/GPS devices market as a part of the global aerospace and defence market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the military GNSS/GPS devices market during the forecast period. 

Military GNSS/GPS Devices Market: Key Drivers, Trends, and Challenges

The growing demand for unnamed platforms is notably driving the global navigation satellite system devices market growth, although factors such as technological limitations and other vulnerabilities may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage. 

Key Market Driver

One of the key factors driving the global military GNSS/GPS devices industry growth is the growing demand for unnamed platforms. Countries such as the US, Russia, and China, have been making significant investments in the development of sophisticated and powerful weapon systems that can cause the destruction of adversaries using cost-efficient and reliable assets. Countries and their defence contractors are increasing their R&D investments significantly in technologies such as stealth technology, also called low observable technology, to enhance their airstrike capabilities. Improvements in the operational effectiveness of UAVs necessitate the integration of advanced sensors, which enable real-time 360-degree awareness and aid operators with target acquisition and engagement tactics. The rising use of EW as a strategy is expected to increase the need for the integration of UAVs which will drive the growth of the market during the forecast period.

Key Market Trend

Focus on NCW is one of the key market trends that is expected to impact the industry positively in the forecast period. The advent of NCW is reducing the cycle time of information gathering, analysis, and decision-making. The focus of NCW is the assimilation of minimum information that needs to be exchanged. By transforming traditional linear command structures and linking sensors, command posts, unmanned vehicles, and ground troops, militaries are harnessing network technology to gain operational advantage. GNSS is required for the effective performance of NCW. As GNSS and GPS are extensively used across the world, the loss of GNSS/GPS capability will have major effects on the warfighting capability of combat forces. Hence, GNSS and GPS are a major part of NCW. This is expected to have a high impact on the market in the forecast years.

Key Market Challenge

One of the key challenges to the global military GNSS/GPS devices industry growth is the technological limitations and other vulnerabilities. Satellites, with the aid of onboard sensors, must be able to point accurately at locations on the ground for an adequate period of time to capture useful readings. Technological advances have enabled the formation of constellations of geo-location satellites with automated trajectory correction to maintain on-orbit formations. However, attitude control and pointing stability are more challenging with smaller satellites than large satellites, owing to the lack of inertia of platforms. Military platforms that are embedded with GNSS/GPS devices are deployed in diverse regions, including deep canyons, underground tunnels, and harsh environmental conditions. In such environments, on most occasions, GNSS/GPS devices do not receive strong signals, which can affect military operations. This can hamper the growth of the market during the forecast period.

This market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Military GNSS/GPS Devices Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain and parent market of the military GNSS/GPS devices market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report. 

Which are the Key Regions for Military GNSS/GPS Devices Market?

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45% of the market's growth will originate from North America during the forecast period. The US is the key market for military GNSS/GPS devices in North America. Market growth in this region will be faster than the growth of the market in other regions.

The need to ensure national security and sustain military dominance is increasing the need for GNSS/GPS devices, which will facilitate market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, owing to the negative impact of COVID-19, lockdown measures have been implemented across various countries in North America, which, in turn, resulted in temporary closures of production units of several associated industries in the regional market 2020. However, lockdown restrictions were lifted in a large number of countries in the region in 2021 as a consequence of wide-scale vaccination drives across the region. It allowed the resumption of productional and operational activities across the associated industries in 2021. As a result, demand for military GNSS/GPS devices in North America is expected to fuel, which in turn will drive the growth of the market in focus in this region throughout the forecasted period.

What is the Fastest-Growing Application Segment in the Military GNSS/GPS Devices Market?

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The military global navigation satellite system or GPS devices market share growth by the airborne segment will be significant during the forecast period. The integration of GNSS/GPS devices has enabled the accurate and continuous determination of positions. Military GNSS/GPS devices are used in airborne units. They provide situational awareness during the transportation and supervision of drop zones during the night. The increasing adoption of UAVs by armed forces across the world is expected to drive the growth of the segment during the forecast period. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the military GNSS/GPS devices market size and actionable market insights on the post-COVID-19 impact on each segment. 

Military GNSS/GPS Devices Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 2.91%

Market growth 2022-2026

$ 456.94 million

Market structure

Fragmented

YoY growth (%)

2.37

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 45%

Key consumer countries

US, China, India, Russia, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Accord Software and Systems Pvt. Ltd., Avidyne Corp., BAE Systems Plc, Cobham Ltd., Elbit Systems Ltd., Garmin Ltd., General Dynamics Corp., Hertz Systems Ltd. Spzoo, Hexagon AB, L3Harris Technologies Inc., Lockheed Martin Corp., LOCOSYS Technology Inc., NavtechGPS Inc., Northrop Grumman Corp., OROLIA SAS, Raytheon Technologies Corp., Safran SA, Thales Group, and Trimble Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Military GNSS/GPS Devices Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive market growth during the next five years
  • Precise estimation of the market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behaviour
  • The growth of the military GNSS/GPS devices industry across North America, APAC, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Airborne - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Airborne - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Airborne - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Airborne - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Airborne - Year-over-year growth 2021-2026 (%)
    • 5.4 Land - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Land - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Land - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Land - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Land - Year-over-year growth 2021-2026 (%)
    • 5.5 Weapon systems - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Weapon systems - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Weapon systems - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Weapon systems - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Weapon systems - Year-over-year growth 2021-2026 (%)
    • 5.6 Naval - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Naval - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Naval - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Naval - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Naval - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by Application
      • Exhibit 44: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 48: Chart on Geographic comparison
      • Exhibit 49: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 APAC - Market size and forecast 2021-2026
      • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 India - Market size and forecast 2021-2026
      • Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.11 Russia - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Russia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Russia - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Russia - Year-over-year growth 2021-2026 (%)
    • 7.12 France - Market size and forecast 2021-2026
      • Exhibit 86: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 90: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 93: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 94: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 95: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 96: Matrix on vendor position and classification
            • 10.3 BAE Systems Plc
              • Exhibit 97: BAE Systems Plc - Overview
              • Exhibit 98: BAE Systems Plc - Business segments
              • Exhibit 99: BAE Systems Plc - Key offerings
              • Exhibit 100: BAE Systems Plc - Segment focus
            • 10.4 Cobham Ltd.
              • Exhibit 101: Cobham Ltd. - Overview
              • Exhibit 102: Cobham Ltd. - Product / Service
              • Exhibit 103: Cobham Ltd. - Key news
              • Exhibit 104: Cobham Ltd. - Key offerings
            • 10.5 Elbit Systems Ltd.
              • Exhibit 105: Elbit Systems Ltd. - Overview
              • Exhibit 106: Elbit Systems Ltd. - Product / Service
              • Exhibit 107: Elbit Systems Ltd. - Key offerings
            • 10.6 L3Harris Technologies Inc.
              • Exhibit 108: L3Harris Technologies Inc. - Overview
              • Exhibit 109: L3Harris Technologies Inc. - Business segments
              • Exhibit 110: L3Harris Technologies Inc. - Key news
              • Exhibit 111: L3Harris Technologies Inc. - Key offerings
              • Exhibit 112: L3Harris Technologies Inc. - Segment focus
            • 10.7 Lockheed Martin Corp.
              • Exhibit 113: Lockheed Martin Corp. - Overview
              • Exhibit 114: Lockheed Martin Corp. - Business segments
              • Exhibit 115: Lockheed Martin Corp. - Key news
              • Exhibit 116: Lockheed Martin Corp. - Key offerings
              • Exhibit 117: Lockheed Martin Corp. - Segment focus
            • 10.8 Northrop Grumman Corp.
              • Exhibit 118: Northrop Grumman Corp. - Overview
              • Exhibit 119: Northrop Grumman Corp. - Business segments
              • Exhibit 120: Northrop Grumman Corp. - Key news
              • Exhibit 121: Northrop Grumman Corp. - Key offerings
              • Exhibit 122: Northrop Grumman Corp. - Segment focus
            • 10.9 Raytheon Technologies Corp.
              • Exhibit 123: Raytheon Technologies Corp. - Overview
              • Exhibit 124: Raytheon Technologies Corp. - Business segments
              • Exhibit 125: Raytheon Technologies Corp. - Key news
              • Exhibit 126: Raytheon Technologies Corp. - Key offerings
              • Exhibit 127: Raytheon Technologies Corp. - Segment focus
            • 10.10 Safran SA
              • Exhibit 128: Safran SA - Overview
              • Exhibit 129: Safran SA - Business segments
              • Exhibit 130: Safran SA - Key news
              • Exhibit 131: Safran SA - Key offerings
              • Exhibit 132: Safran SA - Segment focus
            • 10.11 Thales Group
              • Exhibit 133: Thales Group - Overview
              • Exhibit 134: Thales Group - Business segments
              • Exhibit 135: Thales Group - Key offerings
              • Exhibit 136: Thales Group - Segment focus
            • 10.12 Trimble Inc.
              • Exhibit 137: Trimble Inc. - Overview
              • Exhibit 138: Trimble Inc. - Business segments
              • Exhibit 139: Trimble Inc. - Key offerings
              • Exhibit 140: Trimble Inc. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 141: Inclusions checklist
                • Exhibit 142: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 143: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 144: Research methodology
                • Exhibit 145: Validation techniques employed for market sizing
                • Exhibit 146: Information sources
              • 11.5 List of abbreviations
                • Exhibit 147: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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