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Technavio has announced the top five leading vendors in their recent global defense satellite-based navigation systems market 2017-2021 report. This market research report also lists five other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to the research analysis, the global defense satellite-based navigation systems market has a limited number of multinational and regional suppliers that offer homogeneous products and services. Suppliers in the Americas and EMEA have been engaged in the R&D of satellite-based navigation systems for several years and have subjugated the market with the technical skill sets that they have developed over the years.
“The market is largely dependent on the development of advanced military platforms and the retrofit programs undertaken to modernize the existing fleet of aircraft, land vehicles and naval vessels. The growing interest of the defense ministries to equip their armed forces with state-of-the-art devices will directly contribute to the growth of the market, and vendors are expected to experience a considerable rise in the demand for their products and services,” says Moutushi Saha, a lead defense research analyst from Technavio.
Technavio market research analysts identify the following key vendors:
Honeywell International, along with its subsidiaries, provides products and services to industries such as aerospace and defense, automotive and transportation, oil and gas and petrochemical and biofuels. Honeywell International is among the largest suppliers of military satellite-based navigation systems offering integrated GPS/INS solutions. One of its latest technologies in navigation systems is the IMU, which is helpful in improving smart weapons and UAV range and accuracy on the battlefield.
Raytheon is a technology and innovation company that provides solutions for the defense and other government markets across the world. The company provides a wide range of GPS and navigation systems for various military applications such as aircraft, naval vessels, ground vehicles, and missiles. Raytheon also provides a full line of anti-jam products that are designed to keep signals secure.
Rockwell Collins offers products and services across six different sectors. These include commercial aviation, business aviation, defense and government, airports, rail, and civil infrastructure. The company provides navigation and guidance solutions for precision-guided munitions, airborne systems, handheld receivers, and other embedded applications. Rockwell Collins delivers advanced GPS and radio navigation technology to meet various mission requirements.
Safran is an international technology provider company with its core businesses being aerospace, defense, and security. Safran has over 60 years of expertise in building and supplying civil and military navigation systems across the globe. The company makes navigation systems for aircraft, ships, and land vehicles. Its military navigation systems are used on more than 350 surface vessels.
Thales Group provides solutions primarily to the aerospace and defense industries globally. The company manufactures products for commercial and military applications. It also provides security equipment for the defense and aerospace market, offers modernization, upgrades retrofit, repair, and maintenance services for aircraft parts. In the military domain, its navigation products focus on accuracy, jamming resistance, and integrity.
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.