Overview of the global military GPS device market

Technavio’s market research analyst predicts the global military GPS device market to grow at a CAGR of close to 4% by 2020. The use of GPS-enabled devices and weapon systems in the military is growing significantly and is expected to witness rapid development with more nations using this technology for self-defense and to launch attacks on opponents. The defense ministries in collaboration with several defense companies are planning to reduce the costs of GPS devices and the overall expense of installing these devices into various military platforms. The growing need to be able to strike down targets that are situated at remote locations is a major driving force in attracting investments in this market. Moreover, with the surging requirement for GPS and GPS-enabled devices for military operations, several nations are launching their satellite navigation systems autonomously to get more precise and accurate signal. Also, the market is witnessing the introduction of GPS-guided missiles, which are designed to retaliate the jamming effects.

To counter the issue of weak and blocked signals, air force and navies are using GPS retransmission and splitters. GPS retransmission devices help in making GPS signals available to systems even at remote locations. Similarly, GPS splitter enables the use of a single GPS referencing antenna and cable arrangement for multiple synchronization systems. These devices also aid in streamlining the installation processes.

Competitive landscape and key vendors

Characterized by a few multinational and regional suppliers who offer heterogeneous products and services, the global military GPS device market is highly concentrated and competitive. To sustain themselves in the extremely contentious market scenario, vendors are focusing on developing innovative products at reasonable prices. Players from regions like the Americas and EMEA have the edge over their peers owing to their technical expertise. The suppliers in the market are extensively providing GPS devices that remain functional at low signal regions with the use of GPS splitters/re-transmitters to acquire novel business opportunities.

Leading vendors in the market are -

• BAE Systems
• Lockheed Martin
• Northrop Grumman
• Raytheon
• Rockwell Collins

Other prominent vendors in the military GPS device market include Garmin, Harris, and Thales. 

Segmentation by application and analysis of the military GPS device market

• Airborne
• Land
• Naval
• Weapon system

The airborne GPS device segment dominated the market and occupied the largest market share in 2015. The segment comprises a panel mount, Joint Precision Air Drop System (JPADS), and GPS radio devices that are used for real-time navigation and air trafficking. The primary purpose of a GPS panel mount device in an airborne vehicle is to provide real-time positional and navigational information. The GPS technology in air vehicles can be collectively used with inertial navigation systems (INS) to offer both bounded long-term accuracy and inertial azimuth, elevation, and roll. GPS technology not only provides improved situational awareness during transportation but also assists during extreme weather operations.

Geographical segmentation and analysis of the military GPS device market

• Americas
• APAC
• EMEA

The Americas dominates the global military GPS device market and is expected to register a steady growth during the forecast period. The US accounts for around 75% of the total revenue generation in the American market for military GPS devices owing to the introduction of several satellite navigation technologies. The new satellite systems and GPS devices will offer improved accuracy and better navigation and resistance to hostile jamming for the US armed forces, giving them strategic benefits over adversaries.

 Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global military GPS device market?
• What are the key market trends impacting the growth of the global military GPS device market?
• What are the challenges to market growth?
• Who are the key vendors in the global military GPS device market?
• What are the market opportunities and threats faced by the vendors in the global military GPS device market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global military GPS device market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Global Inertial Navigation Systems Market 2016-2020
• Global All-Weather Landing System Market 2016-2020