Global Military GPS Device Market to Grow at a CAGR of 3.69% During 2016-2020: MarketResearchReports.Biz

MarketResearchReports.Biz has announced addition of new report “Global Military GPS Device Market 2016-2020” to its database.

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Albany, NY -- (SBWire) -- 12/06/2016 --About Military GPS Device

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.

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

View Full Report at http://www.marketresearchreports.biz/analysis/883454

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:

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.

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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?

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View this press release online at: http://rwire.com/748805