Defense Satellite-Based Navigation Systems Market to See 4.10% CAGR to 2021, Says Infiniti Research in Discounted Report Published at MarketPublishers28 Sep 2017 • by Natalie Aster
LONDON – Worldwide, the market for defense satellite-based navigation systems is forecast to gain traction moving forward, registering a 4.10% CAGR from 2017 till 2021. The key force stimulating the growth and expansion of the marketplace includes the increasing development of the satellite navigation sector and satellite launches. The appearance of adaptive navigation systems, hybrid INS and satellite-based navigation systems, a decrease in SWaP of navigation systems are some of the outstanding trends in the market space.
Meantime, the presence of various alternatives to satellite-based navigation systems could be a major hindrance to the sector’s growth.
Rockwell Collins, Honeywell International, Safran, Thales Group, and Raytheon, amid others, are the dominant players in the industry.
Discounted research study “Global Defense Satellite-based Navigation Systems Market 2017-2021” drawn up by Infiniti Research presents unprejudiced, profound insights into the industry from a global perspectives, specifically focusing on key regional markets.
The study delves deep into the actual standing of the world defense satellite-based navigation systems sector and also provides its future outlook to 2021. It includes granular historical market size estimates by looking into the systems’ novel developments and procurements by defense ministries of various countries. The report gives an analysis of the growth rates of the market. It includes detailed market segmentation on the basis of application, and region-wise. The report assesses the key market trends, scrutinises the factors stimulating and restraining the market growth, pinpoints the major challenges to the development and expansion of the industry. The report scrutinises the overall competitive scene in the industry and offers a comprehensive discussion of the prominent market vendors.
More discounted and new research publications by Infiniti Research can be found at its page at MarketPublishers.com.