Summary

The assured PNT market is projected to grow from USD 0.4 billion in 2022 to USD 1.7 billion by 2027, at a CAGR of 29.8% from 2022 to 2027. the availability of low-cost military navigation components and ongoing military modernization programs in various countries across the globe are further driving the market growth. However, the operational complexity involved in assembling and maintaining military systems is a key restraint to market growth. The assured PNT market is expected to grow in the next few years due to the advent of advanced technologies, such as artificial intelligence (AI), machine learning (ML), and 5G. The following section discusses the drivers, opportunities, restraints, and challenges and the impact of these parameters on the market. It also provides detailed information about the ecosystem related to the assured PNT market.

Based on the platform, the assured PNT market has been segmented into air, land, and naval. Tactical-grade marine military navigation used in naval ships displays the route or map during combat. Defense naval vessels are specifically designed and used by coastguards and naval forces. Defense vessels differ from commercial ships in their applications, design, construction method, and technologies. Defense ships are classified into two types, namely, surface naval ships and underwater naval ships. The naval segment covers the submarines, destroyers, frigates, and corvettes market. The naval segment is projected to grow with the highest CAGR due to rising demand and increasing procurement of naval fleets by the US and China.

The assured PNT market is segmented into defense and homeland security based on the end user. The defense segment is expected to lead the market during the forecast period due to the growing demand for border surveillance and situational awareness among defense forces and their increased use of UAVs. Assured PNT systems help countries to gain an advantage in GPS/GNSS contested areas to mitigate the risks associated with spoofing and jamming and enable them to identify a precise location.


North America is expected to account for the largest share in 2021

The assured PNT market has been studied for five major regions: North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. While studying the market, the usage and lifecycle phases of assured PNT systems have been considered across different regions. North America is witnessing increased investments in developing and deploying new and advanced navigation systems to achieve improved interoperability between various units and platforms of defense forces. This region can be considered a maturing market for assured PNT as developments here focus on existing infrastructure advancements.



The break-up of the profile of primary participants in the airborne ISR market:

• By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
• By Designation: C Level – 75%, Manager Level -25%
• By Region: North America – 20%, Europe – 25%, Asia Pacific – 30%, Middle East – 10%, and Rest of the world – 15%


Research Coverage:
The report segments the assured PNT market based on platform, component, end-user, and Region. The assured PNT market is segmented into air, land, and naval platforms. The assured PNT is segmented into defense and homeland security based on the end user. By component, the market is segmented into atomic clocks, antennas, transponders, sensors, power amplifiers, receivers, and others. The assured PNT market has been studied in North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. The scope of the study includes thorough information on the important aspects impacting the growth of the assured PNT market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted in order to provide insights into their business overview, solutions, and services, as well as key strategies such as contracts, partnerships, agreements, new product and service launches, mergers and acquisitions, and recent developments in the assured PNT market. This research includes a competitive analysis of upcoming startups in the assured PNT market ecosystem.

Reasons to buy this report:
The research will provide industry leaders and potential entrants with information on the closest estimations of revenue figures for the assured PNT market. This study will assist stakeholders in better understanding the competitive environment and gaining new insights to position their businesses better and develop appropriate go-to-market strategies. The study also assists stakeholders in understanding the pulse of the industry and offers data on major market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
• Market Penetration: The leading companies provide comprehensive information about assured PNT.

• Product Development/Innovation: In-depth information on future technologies, R&D efforts, and new product and service launches in the assured PNT market.

• Market Development: In-depth information on profitable markets - the study examines the assured PNT market in several areas.

• Market Diversification: Comprehensive data on new goods and services, new geographies, current advancements, and investments in the assured PNT market.

• Competitive Assessment: An in-depth examination of the assured PNT industry's major companies' market shares, growth strategies, and service offerings is provided.

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Table of Contents

1 INTRODUCTION 28
1.1 STUDY OBJECTIVES 28
1.2 MARKET DEFINITION 28
1.3 STUDY SCOPE 29
1.3.1 ASSURED PNT MARKET SEGMENTATION 29
1.3.2 REGIONAL SCOPE 29
1.3.3 YEARS CONSIDERED 29
FIGURE 1 YEARS CONSIDERED 30
1.4 CURRENCY CONSIDERED 30
TABLE 1 USD EXCHANGE RATES 30
1.5 INCLUSIONS AND EXCLUSIONS 31
TABLE 2 ASSURED PNT MARKET: INCLUSIONS AND EXCLUSIONS 31
1.6 LIMITATIONS 31
1.7 MARKET STAKEHOLDERS 31
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
FIGURE 2 RESEARCH PROCESS FLOW 32
FIGURE 3 ASSURED PNT MARKET: RESEARCH DESIGN 33
2.1.1 SECONDARY DATA 33
2.1.1.1 Key data from secondary sources 34
2.1.2 PRIMARY DATA 34
2.1.2.1 Insights from industry experts 34
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 35
2.1.2.2 KEY PRIMARY SOURCES 35
2.2 FACTOR ANALYSIS 35
2.2.1 INTRODUCTION 35
2.2.2 DEMAND-SIDE INDICATORS 36
2.2.2.1 Increase in military expenditure on sensor-based autonomous defense systems 36
2.2.2.2 Rising incidences of regional disputes, terrorism, and political conflicts 36
2.2.3 SUPPLY-SIDE INDICATORS 37
2.2.3.1 Adoption of MEMS in aircraft and defense applications 37
2.2.3.2 Financial trends of major US defense contractors 37
2.2.4 RECESSION IMPACT ANALYSIS 37
FIGURE 5 QUARTERLY REVENUE ANALYSIS OF TOP FIVE KEY PLAYERS 38
2.3 MARKET SIZE ESTIMATION 38
2.4 RESEARCH APPROACH & METHODOLOGY 39
2.4.1 BOTTOM-UP APPROACH 39
2.4.1.1 Market size estimation 39
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 39
2.4.2 TOP-DOWN APPROACH 40
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 40
2.5 DATA TRIANGULATION 40
FIGURE 8 DATA TRIANGULATION 41
2.6 ASSUMPTIONS 42
FIGURE 9 RESEARCH ASSUMPTIONS 42
2.7 RISK ANALYSIS 42
3 EXECUTIVE SUMMARY 43
FIGURE 10 LAND PLATFORMS TO DOMINATE ASSURED PNT MARKET DURING FORECAST PERIOD 43
FIGURE 11 DEFENSE TO LEAD END USER SEGMENT DURING FORECAST PERIOD 44
FIGURE 12 NORTH AMERICA TO COMMAND LARGEST SHARE OF MARKET 44
4 PREMIUM INSIGHTS 46
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ASSURED PNT MARKET 46
FIGURE 13 RISING DEMAND FOR MISSILES AND ARTILLERY SYSTEMS TO BOOST ASSURED PNT MARKET FROM 2022 TO 2027 46
4.2 ASSURED PNT MARKET, BY PLATFORM 46
FIGURE 14 LAND PLATFORMS TO LEAD ASSURED PNT MARKET DURING FORECAST PERIOD 46
4.3 ASSURED PNT MARKET, BY END USER 47
FIGURE 15 DEFENSE TO BE LARGEST END USER SEGMENT FROM 2022 TO 2027 47
4.4 ASSURED PNT MARKET, BY COUNTRY 47
FIGURE 16 US MARKET PROJECTED TO GROW AT HIGHEST CAGR FROM 2022 TO 2027 47
5 MARKET OVERVIEW 48
5.1 INTRODUCTION 48
5.2 MARKET DYNAMICS 48
FIGURE 17 ASSURED PNT MARKET DYNAMICS 48
5.2.1 DRIVERS 49
5.2.1.1 High demand for assured global positioning system (GPS) in military applications 49
5.2.1.2 Increasing demand for accuracy in navigation 49
5.2.1.3 Availability of miniaturized components at affordable prices 49
5.2.1.4 Increasing preference for use of UAVs in modern warfare 50
5.2.1.5 Use of UAVs as loitering munition by defense forces 50
TABLE 3 COUNTRIES THAT USE LOITERING MUNITION 50
5.2.1.6 Advent of next-generation military platforms and weapon technologies 51
5.2.2 RESTRAINTS 51
5.2.2.1 Absence of established operational parameters 51
5.2.3 OPPORTUNITIES 51
5.2.3.1 Ongoing R&D programs 51
5.2.3.2 Increasing application to mitigate effects of threats 52
5.2.3.3 Increasing demand for new-generation air and missile defense systems 52
5.2.3.4 Integration of anti-jamming capabilities with navigation systems 52
5.2.4 CHALLENGES 53
5.2.4.1 Limited development of feasible technologies 53
5.2.4.2 High cost of development of military navigation equipment 53
5.3 VALUE CHAIN ANALYSIS 53
FIGURE 18 VALUE CHAIN ANALYSIS: ASSURED PNT MARKET 53
5.4 PRICING ANALYSIS 54
5.4.1 COST OF INERTIAL NAVIGATION SYSTEMS USED FOR VARIOUS GRADES AND MANUFACTURERS OF INS 54
5.5 TRADE ANALYSIS 55
TABLE 4 IMPORT VALUE OF RADAR APPARATUS, RADIO NAVIGATIONAL AID APPARATUS, AND RADIO REMOTE CONTROL APPARATUS [PRODUCT HARMONIZED SYSTEM CODE: 8526, USD MILLION (2017–2021)] 55
TABLE 5 EXPORTED VALUE OF RADAR APPARATUS, RADIO NAVIGATIONAL AID APPARATUS, AND RADIO REMOTE CONTROL APPARATUS [(PRODUCT HARMONIZED SYSTEM CODE: 8526, USD MILLION (2017–2021)] 57
5.6 DISRUPTIONS IMPACTING CUSTOMER BUSINESS 59
5.6.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR ASSURED PNT MARKET 59
FIGURE 19 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS 59
5.7 MARKET ECOSYSTEM 59
5.7.1 PROMINENT COMPANIES 59
5.7.2 PRIVATE AND SMALL ENTERPRISES 59
5.7.3 END USERS 60
FIGURE 20 ASSURED PNT ECOSYSTEM 60
TABLE 6 ASSURED PNT MARKET ECOSYSTEM 60
5.8 RECESSION IMPACT ANALYSIS 61
5.8.1 UNCERTAINTY ANALYSIS 61
5.8.2 FACTORS IMPACTING ASSURED PNT MARKET, 2022–2023 62
5.8.3 PROBABLE SCENARIO IMPACT OF ASSURED PNT MARKET 63
5.9 TECHNOLOGY ANALYSIS 63
5.9.1 GNSS AND INTERNET OF THINGS 63
5.9.2 5G AND GNSS 63
5.9.3 GNSS AND MACHINE LEARNING/ARTIFICIAL INTELLIGENCE 64
5.9.4 COMPACT GPS ANTI-JAM SYSTEMS 64
5.9.5 ALTERNATIVE TO GPS ANTI-JAM TECHNOLOGY 64
5.10 CASE STUDY ANALYSIS 65
5.10.1 GPS ANTI-JAMMING TECH BY NOVATEL AND JUNCTION BOX BY FORSBERG SELECTED TO PROTECT ROYAL NAVY T26 FRIGATE 65
5.10.2 NOVATEL'S ANTI-JAM ANTENNA SELECTED FOR CANADIAN ARMY OBSERVATION POST VEHICLES 65
5.10.3 PASSIVE ANTI-JAM ANTENNA USED TO COMBAT GNSS INTERFERENCE 65
5.11 PORTER'S FIVE FORCES 66
TABLE 7 ASSURED PNT MARKET: PORTER'S FIVE FORCES ANALYSIS 66
FIGURE 21 PORTER'S FIVE FORCES ANALYSIS: ASSURED PNT MARKET 66
5.11.1 THREAT OF NEW ENTRANTS 67
5.11.2 THREAT OF SUBSTITUTES 67
5.11.3 BARGAINING POWER OF SUPPLIERS 67
5.11.4 BARGAINING POWER OF BUYERS 67
5.11.5 INTENSITY OF COMPETITIVE RIVALRY 67
5.12 OPERATIONAL DATA 68
TABLE 8 MAIN BATTLE TANKS VOLUME ANALYSIS, BY COUNTRY, 2018–2021 68
TABLE 9 INFANTRY FIGHTING VEHICLES VOLUME ANALYSIS, BY COUNTRY, 2018–2021 69
5.13 TARIFF AND REGULATORY LANDSCAPE 69
5.13.1 EUROPEAN UNION REGULATION NO. 1285/2013 – IMPLEMENTATION AND EXPLOITATION OF EUROPEAN SATELLITE NAVIGATION SYSTEMS 69
5.13.2 EUROPEAN UNION REGULATION NO. 2015/758 – ECALL IN-VEHICLE SYSTEM 70
5.13.3 US SPACE-BASED POSITIONING, NAVIGATION, AND TIMING POLICY 70
5.13.4 GDPR 70
5.13.5 ICAO POLICY ON GNSS 71
5.13.6 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
TABLE 10 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
5.14 KEY CONFERENCES & EVENTS IN 2023 71
TABLE 11 ASSURED PNT MARKET: CONFERENCES & EVENTS, 2023 71
5.15 KEY STAKEHOLDERS & BUYING CRITERIA 72
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 72
FIGURE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE PLATFORMS 72
TABLE 12 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE PLATFORMS (%) 72
5.15.2 KEY BUYING CRITERIA 73
FIGURE 23 KEY BUYING CRITERIA FOR TOP THREE PLATFORMS 73
TABLE 13 KEY BUYING CRITERIA FOR TOP THREE PLATFORMS 73
6 INDUSTRY TRENDS 74
6.1 INTRODUCTION 74
6.2 TECHNOLOGY TRENDS 74
6.2.1 ERROR-FREE DIGITAL OUTPUT THROUGH AIR DATA COMPUTERS 74
6.2.2 SIMULATION AND DEBRIEFING THROUGH WEAPONS-INTEGRATED BATTLEFIELD MANAGEMENT SYSTEMS 75
6.2.3 WIRELESS INERTIAL MEASUREMENT UNITS – FOR USE IN ROBOTICS AND UAVS 75
6.2.4 MICRO-ELECTRO-MECHANICAL SYSTEMS – FOR REAL-TIME CONTROL 75
6.2.5 HIGH-END INS – WIDELY USED IN MARINE APPLICATIONS 75
6.2.5.1 Ring laser gyro inertial navigation sensors 75
6.2.5.2 Fiber optic gyro inertial navigation sensors 76
6.2.6 GPS-AIDED INS – OFFERS ENHANCED DATA 76
6.2.7 AIR DATA INERTIAL REFERENCE UNIT ELIMINATES NEED FOR EXTRA COMPONENTS 76
6.2.8 MULTI-SENSOR DATA FUSION FOR UAV NAVIGATION 77
6.2.8.1 Use of sense & avoid technology 77
6.2.9 ADVANCED INERTIAL NAVIGATION SYSTEMS FOR UUVS 77
6.3 SUPPLY CHAIN ANALYSIS 77
FIGURE 24 SUPPLY CHAIN ANALYSIS 78
6.4 IMPACT OF MEGATRENDS 78
6.4.1 ARTIFICIAL INTELLIGENCE 79
6.5 INNOVATIONS AND PATENT REGISTRATIONS 79
TABLE 14 ASSURED PNT: KEY PATENTS (2020—2022) 80
7 ASSURED PNT MARKET, BY COMPONENT 82
7.1 INTRODUCTION 82
7.2 ATOMIC CLOCKS 82
7.3 ANTENNAS 82
7.4 TRANSPONDERS 82
7.5 SENSORS 83
7.6 POWER AMPLIFIERS 83
7.7 RECEIVERS 83
7.8 OTHERS 84
8 ASSURED PNT MARKET, BY PLATFORM 85
8.1 INTRODUCTION 86
FIGURE 25 ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 86
TABLE 15 ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 86
TABLE 16 ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 86
8.2 LAND 87
8.2.1 COMBAT VEHICLES 87
8.2.1.1 Increasing integration of new PNT systems in modernized vehicle platforms 87
8.2.1.1.1 Main Battle Tanks (MBTs) 87
8.2.1.1.1.1 Increasing demand for MBTs in cross-country operations 87
8.2.1.1.2 Infantry Fighting Vehicles (IFVs) 87
8.2.1.1.2.1 Increased procurement of IFVs by emerging economies 87
8.2.1.1.3 Armored Personnel Carriers (APCs) 88
8.2.1.1.3.1 Demand for weapon system-armored personnel carriers 88
8.2.1.1.4 Armored Amphibious Vehicles (AAVs) 88
8.2.1.1.4.1 Increasing demand to carry troops from sea to land battlefields 88
8.2.1.1.5 Mine-Resistant Ambush Protected (MRAP) vehicles 88
8.2.1.1.5.1 Used for protection of troops from IEDs and mines 88
8.2.1.1.6 Light Protected Vehicles (LPVs) 89
8.2.1.1.6.1 Increasing use of LPVs for border patrolling and surveillance activities 89
8.2.2 UNMANNED GROUND VEHICLES 89
8.2.2.1 Demand driven by need for protection and rescue duties 89
8.2.3 SOLDIERS 89
8.2.3.1 Replace GPS receivers and single source of positioning & navigation 89
8.3 AIR 90
8.3.1 MILITARY AIRCRAFT 90
8.3.1.1 Increasing demand for new aircraft with advanced capabilities 90
8.3.1.1.1 Special mission aircraft 90
8.3.1.1.1.1 Evolving warfare techniques to drive demand 90
8.3.1.1.2 Fighter aircraft 90
8.3.1.1.2.1 Growing procurement due to increasing geopolitical rifts 90
8.3.2 MILITARY HELICOPTERS 91
8.3.2.1 Increasing use in combat search & rescue operations 91
8.3.3 UNMANNED AERIAL VEHICLES 91
8.3.3.1 Increasing proliferation of drones for ISR missions 91
8.4 NAVAL 92
8.4.1 DESTROYERS 92
8.4.1.1 Increasing procurement by US and China 92
8.4.2 FRIGATES 92
8.4.2.1 Rising construction and maintenance of frigates drive demand 92
8.4.3 CORVETTES 93
8.4.3.1 Growing focus of China on induction of advanced corvettes by 2030 93
8.4.4 SUBMARINES 93
8.4.4.1 Increasing efforts of US, China, and India to develop advanced submarines 93
9 ASSURED PNT MARKET, BY END USER 94
9.1 INTRODUCTION 95
FIGURE 26 ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 95
TABLE 17 ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 95
TABLE 18 ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 95
9.2 DEFENSE 96
9.2.1 EXPANSION OF OPERATIONAL AWARENESS AND NEW CAPABILITIES TO DRIVE SEGMENT 96
9.3 HOMELAND SECURITY 96
9.3.1 INCREASING R&D ACTIVITIES FOR RESILIENT PNT TO FUEL GROWTH 96
10 REGIONAL ANALYSIS 97
10.1 INTRODUCTION 98
FIGURE 27 NORTH AMERICA TO DOMINATE ASSURED PNT MARKET FROM 2022 TO 2027 98
10.2 RECESSION IMPACT ANALYSIS 99
TABLE 19 RECESSION IMPACT ANALYSIS 100
TABLE 20 ASSURED PNT MARKET, BY REGION, 2019–2021 (USD MILLION) 101
TABLE 21 ASSURED PNT MARKET, BY REGION, 2022–2027 (USD MILLION) 101
10.3 NORTH AMERICA 101
10.3.1 RECESSION IMPACT ANALYSIS: NORTH AMERICA 102
10.3.2 PESTLE ANALYSIS: NORTH AMERICA 102
FIGURE 28 ASSURED PNT MARKET: NORTH AMERICA SNAPSHOT 103
TABLE 22 NORTH AMERICA: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 103
TABLE 23 NORTH AMERICA: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 104
TABLE 24 NORTH AMERICA: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 104
TABLE 25 NORTH AMERICA: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 104
TABLE 26 NORTH AMERICA: ASSURED PNT MARKET, BY COUNTRY, 2019–2021 (USD MILLION) 104
TABLE 27 NORTH AMERICA: ASSURED PNT MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 104
10.3.3 US 105
10.3.3.1 Presence of leading manufacturers in country 105
TABLE 28 US: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 105
TABLE 29 US: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 105
TABLE 30 US: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 105
TABLE 31 US: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 105
10.3.4 CANADA 106
10.3.4.1 High investments in development and upgrade of weapons 106
TABLE 32 CANADA: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 106
TABLE 33 CANADA: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 106
TABLE 34 CANADA: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 106
TABLE 35 CANADA: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 106
10.4 EUROPE 107
10.4.1 RECESSION IMPACT ANALYSIS: EUROPE 107
10.4.2 PESTLE ANALYSIS: EUROPE 107
FIGURE 29 ASSURED PNT MARKET: EUROPE SNAPSHOT 109
TABLE 36 EUROPE: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 109
TABLE 37 EUROPE: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 110
TABLE 38 EUROPE: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 110
TABLE 39 EUROPE: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 110
TABLE 40 EUROPE: ASSURED PNT MARKET, BY COUNTRY, 2019–2021 (USD MILLION) 110
TABLE 41 EUROPE: ASSURED PNT MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 111
10.4.3 RUSSIA 111
10.4.3.1 Increasing investments in AI as part of modernization 111
TABLE 42 RUSSIA: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 111
TABLE 43 RUSSIA: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 111
TABLE 44 RUSSIA: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 112
TABLE 45 RUSSIA: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 112
10.4.4 UK 112
10.4.4.1 Need for secure guidance systems by Royal Armed Forces 112
TABLE 46 UK: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 112
TABLE 47 UK: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 113
TABLE 48 UK: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 113
TABLE 49 UK: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 113
10.4.5 FRANCE 113
10.4.5.1 Focus on internal security and interoperability of defense forces 113
TABLE 50 FRANCE: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 114
TABLE 51 FRANCE: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 114
TABLE 52 FRANCE: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 114
TABLE 53 FRANCE: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 114
10.4.6 GERMANY 115
10.4.6.1 High demand from government agencies to maintain law & order 115
TABLE 54 GERMANY: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 115
TABLE 55 GERMANY: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 115
TABLE 56 GERMANY: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 115
TABLE 57 GERMANY: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 116
10.4.7 ITALY 116
10.4.7.1 Focus on battlefield readiness technologies that employ PNT systems 116
TABLE 58 ITALY: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 116
TABLE 59 ITALY: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 116
TABLE 60 ITALY: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 117
TABLE 61 ITALY: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 117
10.4.8 REST OF EUROPE 117
10.4.8.1 Geopolitical rifts to encourage adoption of modern vehicle platforms 117
TABLE 62 REST OF EUROPE: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 117
TABLE 63 REST OF EUROPE: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 117
TABLE 64 REST OF EUROPE: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 118
TABLE 65 REST OF EUROPE: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 118
10.5 ASIA PACIFIC 118
10.5.1 RECESSION IMPACT ANALYSIS: ASIA PACIFIC 118
10.5.2 PESTLE ANALYSIS: ASIA PACIFIC 119
FIGURE 30 ASSURED PNT MARKET: ASIA PACIFIC SNAPSHOT 120
TABLE 66 ASIA PACIFIC: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 120
TABLE 67 ASIA PACIFIC: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 121
TABLE 68 ASIA PACIFIC: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 121
TABLE 69 ASIA PACIFIC: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 121
TABLE 70 ASIA PACIFIC: ASSURED PNT MARKET, BY COUNTRY, 2019–2021 (USD MILLION) 121
TABLE 71 ASIA PACIFIC: ASSURED PNT MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 122
10.5.3 CHINA 122
10.5.3.1 Increasing defense spending and conflicts with other countries 122
TABLE 72 CHINA: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 122
TABLE 73 CHINA: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 122
TABLE 74 CHINA: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 123
TABLE 75 CHINA: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 123
10.5.4 INDIA 123
10.5.4.1 Rising military expenditure and ongoing modernization programs 123
TABLE 76 INDIA: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 123
TABLE 77 INDIA: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 124
TABLE 78 INDIA: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 124
TABLE 79 INDIA: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 124
10.5.5 JAPAN 124
10.5.5.1 Use of military navigation systems in defense on the rise 124
TABLE 80 JAPAN: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 125
TABLE 81 JAPAN: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 125
TABLE 82 JAPAN: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 125
TABLE 83 JAPAN: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 125
10.5.6 SOUTH KOREA 126
10.5.6.1 Installation of GPS anti-jammers due to ongoing disputes with North Korea 126
TABLE 84 SOUTH KOREA: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 126
TABLE 85 SOUTH KOREA: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 126
TABLE 86 SOUTH KOREA: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 126
TABLE 87 SOUTH KOREA: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 126
10.5.7 AUSTRALIA 127
10.5.7.1 Demand for modern digital technologies in military equipment 127
TABLE 88 AUSTRALIA: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 127
TABLE 89 AUSTRALIA: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 127
TABLE 90 AUSTRALIA: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 127
TABLE 91 AUSTRALIA: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 127
10.5.8 REST OF ASIA PACIFIC 128
10.5.8.1 Increased technological advancements in navigation systems 128
TABLE 92 REST OF ASIA PACIFIC: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 128
TABLE 93 REST OF ASIA PACIFIC: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 128
TABLE 94 REST OF ASIA PACIFIC: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 128
TABLE 95 REST OF ASIA PACIFIC: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 129
10.6 MIDDLE EAST & AFRICA 129
10.6.1 RECESSION IMPACT ANALYSIS: MIDDLE EAST & AFRICA 129
10.6.2 PESTLE ANALYSIS: MIDDLE EAST & AFRICA 129
FIGURE 31 ASSURED PNT MARKET: MIDDLE EAST & AFRICA SNAPSHOT 131
TABLE 96 MIDDLE EAST & AFRICA: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 131
TABLE 97 MIDDLE EAST & AFRICA: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 132
TABLE 98 MIDDLE EAST & AFRICA: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 132
TABLE 99 MIDDLE EAST & AFRICA: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 132
TABLE 100 MIDDLE EAST & AFRICA: ASSURED PNT MARKET, BY COUNTRY, 2019–2021 (USD MILLION) 132
TABLE 101 MIDDLE EAST & AFRICA: ASSURED PNT MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 133
10.6.3 SAUDI ARABIA 133
10.6.3.1 Growing need for cyber defense 133
TABLE 102 SAUDI ARABIA: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 133
TABLE 103 SAUDI ARABIA: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 134
TABLE 104 SAUDI ARABIA: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 134
TABLE 105 SAUDI ARABIA: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 134
10.6.4 ISRAEL 134
10.6.4.1 Military modernization programs and development of defense capabilities in focus 134
TABLE 106 ISRAEL: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 135
TABLE 107 ISRAEL: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 135
TABLE 108 ISRAEL: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 135
TABLE 109 ISRAEL: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 135
10.6.5 SOUTH AFRICA 136
10.6.5.1 Need for advanced systems to mitigate spoofing and jamming threats 136
TABLE 110 SOUTH AFRICA: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 136
TABLE 111 SOUTH AFRICA: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 136
TABLE 112 SOUTH AFRICA: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 136
TABLE 113 SOUTH AFRICA: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 137
10.6.6 REST OF MIDDLE EAST & AFRICA 137
TABLE 114 REST OF MIDDLE EAST & AFRICA: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 137
TABLE 115 REST OF MIDDLE EAST & AFRICA: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 137
TABLE 116 REST OF MIDDLE EAST & AFRICA: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 138
TABLE 117 REST OF MIDDLE EAST & AFRICA: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 138
10.7 LATIN AMERICA 138
10.7.1 RECESSION IMPACT ANALYSIS: LATIN AMERICA 138
FIGURE 32 ASSURED PNT MARKET: LATIN AMERICA SNAPSHOT 139
TABLE 118 LATIN AMERICA: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 140
TABLE 119 LATIN AMERICA: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 140
TABLE 120 LATIN AMERICA: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 140
TABLE 121 LATIN AMERICA: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 140
TABLE 122 LATIN AMERICA: ASSURED PNT MARKET, BY COUNTRY, 2019–2021 (USD MILLION) 141
TABLE 123 LATIN AMERICA: ASSURED PNT MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 141
10.7.2 BRAZIL 141
10.7.2.1 Focus on strengthening border monitoring capabilities 141
TABLE 124 BRAZIL: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 141
TABLE 125 BRAZIL: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 142
TABLE 126 BRAZIL: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 142
TABLE 127 BRAZIL: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 142
10.7.3 MEXICO 142
10.7.3.1 Increasing defense spending to fight organized crime 142
TABLE 128 MEXICO: ASSURED PNT MARKET, BY PLATFORM, 2019–2021 (USD MILLION) 142
TABLE 129 MEXICO: ASSURED PNT MARKET, BY PLATFORM, 2022–2027 (USD MILLION) 143
TABLE 130 MEXICO: ASSURED PNT MARKET, BY END USER, 2019–2021 (USD MILLION) 143
TABLE 131 MEXICO: ASSURED PNT MARKET, BY END USER, 2022–2027 (USD MILLION) 143
11 COMPETITIVE LANDSCAPE 144
11.1 INTRODUCTION 144
TABLE 132 KEY DEVELOPMENTS BY LEADING MARKET PLAYERS BETWEEN 2018 AND 2022 144
11.2 REVENUE ANALYSIS OF KEY MARKET PLAYERS, 2021 146
FIGURE 33 REVENUE ANALYSIS OF KEY COMPANIES IN LAST FIVE YEARS 146
11.3 MARKET SHARE ANALYSIS 146
FIGURE 34 ASSURED PNT: MARKET SHARE ANALYSIS, 2021 147
TABLE 133 ASSURED PNT MARKET: DEGREE OF COMPETITION 147
11.4 COMPANY EVALUATION QUADRANT 149
11.4.1 ASSURED PNT MARKET COMPETITIVE LEADERSHIP MAPPING 149
FIGURE 35 ASSURED PNT MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2021 149
11.4.1.1 Stars 150
11.4.1.2 Pervasive Players 150
11.4.1.3 Emerging Leaders 150
11.4.1.4 Participants 150
11.4.1.5 COMPETITIVE BENCHMARKING 151
TABLE 134 COMPANY FOOTPRINT 151
TABLE 135 COMPANY END USER FOOTPRINT 152
TABLE 136 COMPANY PLATFORM FOOTPRINT 152
TABLE 137 COMPANY REGION FOOTPRINT 153
11.5 COMPETITIVE SCENARIO AND TRENDS 154
11.5.1 PRODUCT LAUNCHES 154
TABLE 138 ASSURED PNT MARKET: PRODUCT LAUNCHES, 2018–2022 154
11.5.2 DEALS 156
TABLE 139 ASSURED PNT MARKET: DEALS, 2018–2022 156
12 COMPANY PROFILES 161
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
12.1 INTRODUCTION 161
12.2 KEY PLAYERS 161
12.2.1 BAE SYSTEMS PLC 161
TABLE 140 BAE SYSTEMS PLC: BUSINESS OVERVIEW 162
FIGURE 36 BAE SYSTEMS PLC: COMPANY SNAPSHOT 162
TABLE 141 BAE SYSTEMS PLC: PRODUCT LAUNCHES 163
TABLE 142 BAE SYSTEMS PLC: DEALS 164
12.2.2 GENERAL DYNAMICS CORPORATION 167
TABLE 143 GENERAL DYNAMICS CORPORATION: BUSINESS OVERVIEW 167
FIGURE 37 GENERAL DYNAMICS CORPORATION: COMPANY SNAPSHOT 168
12.2.3 LEONARDO DRS 170
TABLE 144 LEONARDO DRS: BUSINESS OVERVIEW 170
FIGURE 38 LEONARDO S.P.A.: COMPANY SNAPSHOT 171
TABLE 145 LEONARDO DRS: PRODUCT LAUNCHES 172
12.2.4 LOCKHEED MARTIN CORPORATION 173
TABLE 146 LOCKHEED MARTIN CORPORATION: BUSINESS OVERVIEW 173
FIGURE 39 LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT 174
TABLE 147 LOCKHEED MARTIN CORPORATION: DEALS 175
12.2.5 NORTHROP GRUMMAN CORPORATION 177
TABLE 148 NORTHROP GRUMMAN CORPORATION: BUSINESS OVERVIEW 177
FIGURE 40 NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT 178
TABLE 149 NORTHROP GRUMMAN CORPORATION: DEALS 179
12.2.6 RAYTHEON TECHNOLOGIES CORPORATION 180
TABLE 150 RAYTHEON TECHNOLOGIES CORPORATION: BUSINESS OVERVIEW 180
FIGURE 41 RAYTHEON TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT 181
TABLE 151 RAYTHEON TECHNOLOGIES CORPORATION: PRODUCT LAUNCHES 182
TABLE 152 RAYTHEON TECHNOLOGIES CORPORATION: DEALS 182
12.2.7 THALES GROUP 184
TABLE 153 THALES GROUP: BUSINESS OVERVIEW 184
FIGURE 42 THALES GROUP: COMPANY SNAPSHOT 185
12.2.8 L3HARRIS TECHNOLOGIES 186
TABLE 154 L3HARRIS TECHNOLOGIES: BUSINESS OVERVIEW 186
FIGURE 43 L3HARRIS TECHNOLOGIES: COMPANY SNAPSHOT 187
TABLE 155 L3HARRIS TECHNOLOGIES: DEALS 188
12.2.9 HEXAGON AB 189
TABLE 156 HEXAGON AB: BUSINESS OVERVIEW 189
FIGURE 44 HEXAGON AB: COMPANY SNAPSHOT 190
TABLE 157 HEXAGON AB: PRODUCT LAUNCHES 191
12.2.10 ISRAEL AEROSPACE INDUSTRIES 192
TABLE 158 ISRAEL AEROSPACE INDUSTRIES: BUSINESS OVERVIEW 192
FIGURE 45 ISRAEL AEROSPACE INDUSTRIES: COMPANY SNAPSHOT 193
12.2.11 SPIRENT COMMUNICATIONS 194
TABLE 159 SPIRENT COMMUNICATIONS: BUSINESS OVERVIEW 194
FIGURE 46 SPIRENT COMMUNICATIONS: COMPANY SNAPSHOT 195
TABLE 160 SPIRENT COMMUNICATIONS: PRODUCT LAUNCHES 196
TABLE 161 SPIRENT COMMUNICATIONS: DEALS 196
12.2.12 RHEINMETALL AG 197
TABLE 162 RHEINMETALL AG: BUSINESS OVERVIEW 197
FIGURE 47 RHEINMETALL AG: COMPANY SNAPSHOT 198
TABLE 163 RHEINMETALL AG: DEALS 198
12.2.13 COBHAM LTD. 199
TABLE 164 COBHAM LTD.: BUSINESS OVERVIEW 199
TABLE 165 COBHAM LTD.: DEALS 200
12.2.14 CURTISS-WRIGHT CORPORATION 201
TABLE 166 CURTISS-WRIGHT CORPORATION: BUSINESS OVERVIEW 201
FIGURE 48 CURTISS-WRIGHT CORPORATION: COMPANY SNAPSHOT 202
12.2.15 OROLIA 203
TABLE 167 OROLIA: BUSINESS OVERVIEW 203
TABLE 168 OROLIA: DEALS 204
12.2.16 HONEYWELL INTERNATIONAL, INC. 205
TABLE 169 HONEYWELL INTERNATIONAL, INC.: BUSINESS OVERVIEW 205
FIGURE 49 HONEYWELL INTERNATIONAL, INC.: COMPANY SNAPSHOT 205
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
13 APPENDIX 207
13.1 DISCUSSION GUIDE 207
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 209
13.3 CUSTOMIZATION OPTIONS 211
13.4 RELATED REPORTS 211
13.5 AUTHOR DETAILS 212