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Home>Top 5 Vendors in the Global Defense Satellite-based Navigation Systems Market - Technavio

Top 5 Vendors in the Global Defense Satellite-based Navigation Systems Market - Technavio

Top 5 Vendors in the Global Defense Satellite-based Navigation Systems Market - Technavio

09/26/2017

Top 5 Vendors in the Global Defense Satellite-based Navigation Systems Market - Technavio

Technavio has announced the top five leading vendors in their recent global defense satellite-based navigation systems market 2017-2021 report. This market research report also lists five other prominent vendors that are expected to impact the market during the forecast period.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170926005903/en/

Technavio has published a new report on the global defense satellite-based navigation systems market ...

Technavio has published a new report on the global defense satellite-based navigation systems market from 2017-2021. (Photo: Business Wire)

Competitive vendor landscape

According to the research analysis, the global defense satellite-based navigation systems market has a limited number of multinational and regional suppliers that offer homogeneous products and services. Suppliers in the Americas and EMEA have been engaged in the R&D of satellite-based navigation systems for several years and have subjugated the market with the technical skill sets that they have developed over the years.

“The market is largely dependent on the development of advanced military platforms and the retrofit programs undertaken to modernize the existing fleet of aircraft, land vehicles and naval vessels. The growing interest of the defense ministries to equip their armed forces with state-of-the-art devices will directly contribute to the growth of the market, and vendors are expected to experience a considerable rise in the demand for their products and services,” says Moutushi Saha, a lead defense research analyst from Technavio.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

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