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Global Defense Satellite-based Navigation Systems Market Trends 2017-2021

Global Defense Satellite-based Navigation Systems Market 2017-2021 report covers share, size, strategic industry analysis, emerging industry trends, growth, demand, supply, and forecasts. Report published on 08-September-2017 and available for US$3500.00 at reportsin.com

Defense Satellite-based Navigation Systems Market

A navigation system is an electronic system that aids in navigation. The system contains maps that are displayed to the user in a readable format via text or in a graphical form. The navigation systems that are available for military use are in two setups. These include hand-held devices, such as the Defense Advanced GPS Receiver (DAGR), and embedded systems that are fitted onto aircraft, naval vessels, or ground vehicles. The two types of navigation systems that are commonly used are the inertial navigation system (INS) and the satellite-based navigation system.

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The global defense satellite-based navigation systems market to grow at a CAGR of 4.10% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global defense satellite-based navigation systems market for 2017-2021. To calculate the market size, the report considers new developments and procurements of the systems by defense ministries of countries.

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

Global Defense Satellite-based Navigation Systems Market 2017-2021, 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
Honeywell International
Raytheon
Rockwell Collins
Safran
Thales Group

Other prominent vendors
BAE Systems
Harris
Moog
Northrop Grumman
KVH Industries

Market driver
Growing development and launches of satellites

Market challenge
Alternatives to satellite-based navigation systems

Market trend
Emergence of adaptive navigation system (ANS)

Key questions answered in this report
What will the market size be in 2021 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

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