Boston, MA -- (SBWIRE) -- 12/13/2016 -- GPS-enabled devices render large amount of assistance to a country's armed forces on battlefields. In the modern-day scenario of combat, the need to be technically advanced and the ability to achieve precision strike with minimum self-loss are taking the center stage. This has resulted in greater use of GPS-guided devices and weapons by soldiers.

Technavio's analysts forecast the global military GPS device market to grow at a CAGR of 3.69% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global military GPS device market for 2016-2020. To calculate the market size, the report considers the expenditure of each of the three regions (Americas, EMEA, and APAC) to acquire these military GPS devices for enhanced performance of warfighters.

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

Get More Details on this Report and a Full Table of Contents at Global Military GPS Device Market 2016-2020

-Americas
-APAC
-EMEA

Technavio's report, Global Military GPS Device Market 2016-2020, 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

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

Other prominent vendors

-Garmin
-Harris
-Thales

Market driver

-Development of unmanned GPS-controlled vehicles
-For a full, detailed list, view our report

Market challenge

-Hacking of GPS devices
-For a full, detailed list, view our report

Market trend

-Anti-jamming GPS devices
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 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?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: BAE Systems, Lockheed Martin, Northrop Grumman, Raytheon, Rockwell Collins, Garmin, Harris, Thales

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Defense research reports at Fast Market Research

You may also be interested in these related reports:
-Military Drones Market Shares, Strategies, and Forecasts, Worldwide, 2016 to 2022
-Military Robots Market - Global Forecast to 2020
-The Global Military Radar Market 2015-2025
-The Global Military Fixed-Wing Aircraft Market 2016-2026
-Flight Simulator Market - Global Forecast to 2021