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Global Aircraft Global Positioning Systems Market Is Expected to Reach US $440 Mn by 2025

The Global Positioning System (GPS) is a space-based radionavigation system owned by the United States Government (USG) and operated by the United States Air Force (USAF).

 

Los Angeles, CA -- (SBWIRE) -- 04/12/2019 -- The Global Positioning System (GPS) is a space-based radionavigation system owned by the United States Government (USG) and operated by the United States Air Force (USAF).

North America will still play the giant role in the Aircraft Global Positioning Systems market which occupies 83.4% of global market in 2017. Any changes from United States might affect the development trend of Aircraft Global Positioning Systems. In 2017, North America market size reached 230 million USD in 2017 and will be 349 million USD in 2025, with a CAGR of 5.3%.

EU also plays important roles in global market, with market size of 32.2 million USD in 2017 and will be 52 million USD in 2025, with a CAGR of 6.2%.

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The Asia-Pacific will witness the highest growth rate in the Aircraft Global Positioning Systems market and will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

The global Aircraft Global Positioning Systems market was 290 million US$ in 2018 and is expected to 440 million US$ by the end of 2025, growing at a CAGR of 5.5% between 2019 and 2025.

This report studies the Aircraft Global Positioning Systems market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Aircraft Global Positioning Systems in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Garmin

Esterline

Honeywell Aerospace

Avidyne Corporation

Genesys Aerosystems

Dynon Avionics

FreeFlight Systems

Innovative Solutions and Support

By the product type, the market is primarily split into

Portable GPS

Fixed GPS

By the end users/application, this report covers the following segments

Military Aircrafts

Civil Aircrafts

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