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Global Military GPS Device Market 2016-2020

Global Military GPS Device Market 2016-2020

About Military GPS Device

GPS-enabled devices render large amount of assistance to a country's armed forces on battlefields. In the modern-day scenario of combat, the need to be technically advanced and the ability to achieve precision strike with minimum self-loss are taking the center stage. This has resulted in greater use of GPS-guided devices and weapons by soldiers.

Technavio’s analysts forecast the global military GPS device market to grow at a CAGR of 3.69% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global military GPS device market for 2016-2020. To calculate the market size, the report considers the expenditure of each of the three regions (Americas, EMEA, and APAC) to acquire these military GPS devices for enhanced performance of warfighters.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Military GPS Device Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BAE Systems
  • Lockheed Martin
  • Northrop Grumman
  • Raytheon
  • Rockwell Collins
Other prominent vendors
  • Garmin
  • Harris
  • Thales
Market driver
  • Development of unmanned GPS-controlled vehicles
  • For a full, detailed list, view our report
Market challenge
  • Hacking of GPS devices
  • For a full, detailed list, view our report
Market trend
  • Anti-jamming GPS devices
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Military GPS Device Market 2016-2020

Technavio recognizes the following companies as the key players in the global military GPS device market: BAE Systems, Lockheed Martin, Northrop Grumman, Raytheon, and Rockwell Collins.

Other Prominent Vendors in the market are: Garmin, Harris, and Thales.

Commenting on the report, an analyst from Technavio’s team said: “The use of GPS technology has revolutionized modern warfare. Military forces are highly dependent on satellite technology for accurate positioning, timing, and communications. However, these GPS signals that are received by both military and civilians are weak and extremely susceptible to atmospheric interference and intentional jamming.”

According to the report, with transforming war strategies, several countries are largely developing or procuring unmanned vehicles to be deployed in war zones. These vehicles not only augment a country's combat capabilities but also substitute a soldier's direct involvement in a battleground, thus cutting down on casualties. These unmanned vehicles are designed to perform daily as well as specialized tasks with high levels of efficiency and precision. They can withstand hazardous chemicals and dangerous situations that can potentially harm or threaten the life of soldiers.

Further, the report states that military forces across the globe depend heavily on GPS devices for smooth and efficient execution of their missions. This makes these devices highly vulnerable to cyber-attacks from enemies. Hacking of a GPS device can potentially turn any lethal weapon in favor of the rival army and can be redirected to crash into a target simply by sending incorrect signals to the drones. Currently, close to half the unmanned vehicles in service are unencrypted because of the high cost involved in encryption.



Companies Mentioned

BAE Systems, Lockheed Martin, Northrop Grumman, Raytheon, Rockwell Collins, Garmin, Harris, Thales.

  • Executive summary
    • Highlights
    • Key takeaways
      • Table Global military GPS device market: Key takeaways
    • Key buying criteria
      • Table Key buying criteria or GPS devices
  • Scope of the report
    • Market overview
      • Table Key countries in different regions
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Advantages of military GPS devices
      • Table Advantages of military GPS devices
    • Disadvantages of military GPS devices
      • Table Disadvantages of military GPS devices
  • Market landscape
    • Market overview
      • Table Global military GPS device market segmentation
    • Market size and forecast
      • Table Global military GPS device market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Table Market segmentation by application (% share)
    • Table Market segmentation by revenue ($ millions)
    • Global airborne military GPS device market
      • Table Global airborne military GPS device market ($ millions)
    • Global land-based military GPS device market
      • Table Global land-based military GPS device market ($ millions)
    • Global naval-based military GPS device market
      • Table Global naval-based military GPS device market ($ millions)
    • Global weapon systems GPS device market
      • Table Global weapon systems GPS device market ($ millions)
  • Geographical segmentation
    • Table Global military GPS device market by geography 2015-2020 (% share)
    • Table Geographical segmentation of the market by revenue 2015-2020 ($ millions)
    • Military GPS device market in Americas
      • Table Military GPS device market in Americas 2015-2020 ($ millions)
    • Military GPS device market in EMEA
      • Table Military GPS device market in EMEA 2015-2020 ($ millions)
      • Table List of aircraft and UAVs that will drive the use of GPS
    • Military GPS device market in APAC
      • Table Military GPS device market in APAC 2015-2020 ($ millions)
  • Market drivers
    • Table Categories of unmanned vehicles
    • Impact of drivers
      • Table Impact of drivers
  • Market challenges
    • Table Disadvantages of GPS being hacked
    • Table Flow of GPS signal
    • Table Error sources
    • Table GPS replacement technologies
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
      • Table Major vendors of global military GPS device market
    • BAE Systems
      • Table BAE Systems: Business segmentation by revenue in 2015 (%)
      • Table BAE Systems: GPS navigation and guidance products
    • Lockheed Martin
      • Table Lockheed Martin: Products and solutions categories
      • Table Lockheed Martin: Business segmentation by revenue in 2015 (%)
    • Northrop Grumman
      • Table Northrop Grumman: Business segmentation in 2015 (%)
      • Table Northrop Grumman: Product offerings
    • Raytheon
      • Table Raytheon: Business segmentation by revenue in 2015 (%)
      • Table Product offerings
    • Rockwell Collins
      • Table Rockwell Collins: Product offerings
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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