Industria
Military GPS Receivers Market is Forecast to Reach US$ 0.9 Billion in 2028, Says Stratview Research
https://www.stratviewresearch.com/Request-Sample/2882/military-gps-receivers-market.html#form
The military GPS receivers market is segmented based on , frequency type, application type, and .
The military GPS receiver market is segmented into P(Y) Code GPS receivers and M-Code GPS receivers. Ever since , their sales have been increasing exponentially, eroding the market share of the traditionally used P (Y) Code receivers. These advanced devices are designed to enhance the PNT capabilities of armed units and provide improved resistance to existing and emerging threats to GPS such as jamming and spoofing. Therefore, it is estimated that the
- The market is segmented into single-frequency GPS receivers and dual-frequency GPS receivers. Furthermore, if any one of the two frequencies fails, the other one works as a backup, thus ensuring uninterrupted signal transmission.
- The military GPS receiver market is segmented into aviation-based GPS receivers, ground-based GPS receivers, PGM-based GPS receivers, handheld GPS receivers, and maritime equipment-based GPS receivers. Among these application types, . Moreover, with the increasing hostilities across the globe, the demand for PGMs has been increasing manifold, thereby, fueling the market growth.
https://www.stratviewresearch.com/Request-Sample/2882/military-gps-receivers-market.html#form
The report suggests that during the forecast period. This growth is majorly attributed to the following -
Some of the key drivers listed in the report are given below.
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In recent years, there has been competition in the military GPS receiver market. Moreover, there is a high consolidation in the market with the top companies capturing a mammoth market share. The growth of companies in this market is widely influenced by their financial position, technological expertise, and government support. Most of the players engage in the provision of both P(Y) Code and M-Code GPS receivers. Some of the companies also manufacture ASIC chips for their GPS receiver cards and some of them also supply them to their customers as well. Some major M&A activities within the market space in recent years (such as the purchase of the GPS receiver business unit of Collins Aerospace by BAE Systems, the merger of United Technologies and Raytheon, and the all-stock merger of L3 Technologies and Harris Corporation) have resulted in some significant changes in the competitive landscape. The following are the major players in the military GPS receiver's market:
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