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Military Global Navigation Satellite Systems Market Assessment

  • April 2014
  • -
  • Frost & Sullivan
  • -
  • 87 pages

Summary

Table of Contents

High CAGR Growth Likely for Receivers Due to the Implementation of the Precision Strike Paradigm

Executive Summary

•Frost & Sullivan forecasts show that cumulative revenue of the military global navigation satellite systems (GNSS) market in the x countries analysed in this study will reach $x million by 2022.
•North America will be the biggest military GNSS market among the analysed regions. Despite low CAGR growth, the region’s expenditure on military GNSS is expected to surpass $x million by 2022.
•Next to North America, Asia-Pacific, driven by development of Chinese BeiDou/COMPASS GNSS and other regional navigation systems such as the Indian Regional Navigational Satellite System and the Japanese Quasi-Zenith Satellite System, is the most attractive market.
•The data application segment will generate the highest cumulative revenue of $x million during 2013 to 2022.
•Alternative or non-satellite-based navigation or positioning systems are expected to witness dynamic growth during the forecast period.

CEO’s Perspective

Development of GNSS constellations and regional navigational systems increase the availability and decrease the cost of navigation solutions for military end users.
The military GNSS market will expand at a CAGR of x % and generate a cumulative revenue of $x million during 2013 to 2022.
Dynamic growth of alternative or non-satellite-based navigation/positioning systems is expected but that will have no game-changing consequences on the market.
Adoption of commercial off-the-shelf (COTS) into military GNSS is continuing to increase. However, the security and integrity of GNSS is an area of growing concern.
Cyber threat seems to be the primary challenge for military GNSS systems for military end users due to expected increases in cyber attacks on GNSS infrastructure.

Key Questions This Study Will Answer

What is the revenue potential for the military GNSS market despite the budget constraints witnessed globally?
What will be the impact of multiple GNSS constellations on military GNSS applications, receivers, and services?
How will the competitive landscape of the military GNSS market change in the future?
Which GNSS segments have the highest growth potential and why?
Does the future of military GNSS lie in two “hostile” camps, such as GPS and Galileo and GLONASS and COMPASS?

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