Military Navigation Instruments Market
Military Navigation Instruments Market Size and Growth
The Military Navigation Instruments market is poised for substantial growth, driven by advancements in technology and increasing defense budgets. Estimated at approximately $5 billion in size, the market is influenced by demand for precision navigation solutions, geopolitics, and modernization efforts across military sectors, enhancing operational effectiveness and strategic capabilities.
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Companies Covered
(Covid 19 Impact Covered)
◍ Cobham
◍ Esterline Technologies
◍ Garmin
◍ GE Aviation
◍ Honeywell
◍ Israel Aerospace Industries
◍ KVH Industries
◍ Lord Microstrain
◍ L3 Technologies
◍ Moog
◍ Northrop Grumman
◍ Raytheon
◍ Rockwell Collins
◍ Safran Electronics & Defense
◍ Thales
◍ Trimble Navigation
The Military Navigation Instruments Market features key players like Cobham, Garmin, Honeywell, and Northrop Grumman, providing advanced navigation solutions. These companies innovate and enhance technologies, driving market growth. Revenue figures include:
- Honeywell: $31 billion
- Northrop Grumman: $36 billion
- Garmin: $4.2 billion
- Thales: $10 billion.
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Market Segmentation
By Application
Aviation
Ammunition
Marine
Ground ◍ Space
◍ Unmanned Vehicle
By Product
◍ Radar
Sonar
◍ AIS Receivers ◍ GPS Receiver
Anti-jamming Device
Inertial Navigation System
Radar Altimeter
Personal Navigation System
Thrust Vector Control
Sense and Avoid System(SAS)
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Market Growth
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$ X Billion USD
