Navigational Instrument Manufacturing in the US
The Navigational Instrument Manufacturing industry produces a wide range of devices, including search, detection and navigational instruments, in addition to electricity measuring and testing tools. Broad-based economic growth has enabled private research and development budgets to expand during the period, providing the investments needed for industry product innovation. New products have enabled the industry to remain competitive amid rising foreign competition and changing demand in downstream markets, contributing to annualized revenue growth. Over the five years to 2023, industry revenue is forecast to continue increasing.
The industry manufactures navigational, measuring and control instruments. Its products include aeronautical instruments, appliance regulators and controls (except switches), laboratory analytical instruments, navigation and guidance systems and physical properties testing equipment.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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