Global Military GPS Device Market to Grow at a CAGR of 3.69% over Forecast 2016-2020

ResearchMoz added Latest Research Report titled " Global Military GPS Device Market 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.

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Albany, NY -- (SBWire) -- 12/15/2016 --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.

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

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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

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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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