Global Study Report: Defense Satellite-Based Navigation Systems Market 2017-2021 - Honeywell International, Raytheon, Rockwell Collins, Safran, Thales Group

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Albany, NY -- (SBWire) -- 09/18/2017 --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.

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

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Technavio's report, 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
- For a full, detailed list, view our report

Market challenge
- Alternatives to satellite-based navigation systems
- 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 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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