According to the new market research report "Anti-Jamming Market for GPS by Receiver Type (Military & Government Grade, and Commercial Transportation Grade), Technique (Nulling, Beam Steering, and Civilian), End-User (Military, and Civilian), Application, and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the market is expected to grow from USD 3.86 billion in 2018 to USD 5.50 billion by 2023, at a CAGR of 7.34%. The growth of this market is mainly driven by factors such as the high demand for GPS technology in military applications and the ongoing developments to improve the overall GPS infrastructure. The global positioning system (GPS) was originally developed for military purposes and has proven to be essential for land, air, and sea navigation as well as for the accurate positioning for a wide range of military applications. Also, the use of anti-jamming systems and technology with GPS receivers and antennas helps prevent the jamming of signals. Therefore, the high demand for GPS and GNSS devices in military applications is driving the growth of the anti-jamming market for GPS. The ongoing developments in this technology are likely to enhance coverage and reliability. The increased penetration of the GPS technology in a wide array of applications is expected to be driven by coverage enhancements.
Military- and government-grade receivers to hold larger share of anti-jamming market for GPS by 2023
The military- and government-grade receivers are expected to hold a larger size of the anti-jamming market for GPS by 2023. The military sector is central to the process of transition from selective-availability anti-spoofing module (SAASM) to modernized M-code encryption, and improvement of satellite services and systems. These sectors worldwide constantly keep looking for better approaches to secure the GPS from spoofing and jamming threats. These factors boost the installation of anti-jammers in the military-based GPS receivers.
Anti-jamming market for GPS for civilian techniques to grow at highest CAGR during 2018-2023
The anti-jamming market for GPS for civilian techniques is expected to grow at the highest CAGR during 2018-2023. The growing use of satellite and GPS technologies in the civilian applications and the requirement of anti-jamming solutions to protect devices from jamming are likely to contribute to the high-paced growth of the market for civilian systems during the forecast period.
Anti-jamming market for GPS in APAC to grow at highest CAGR during forecast period
The anti-jamming market for GPS in APAC is expected to grow at the highest CAGR during the forecast period. The rising adoption of GPS technology in the defense and commercial sectors, with a focus on accuracy and secured navigation, is expected to propel the growth of the anti-jamming market for GPS in APAC during the forecast period. Additionally, the increase in defense expenditures of India and China, among others, and the expansions of militaries in emerging economies have accelerated the demand for GPS anti-jamming solutions in APAC.
The key players in the market include Rockwell Collins, Inc. (US), Raytheon Company (US), Cobham plc (UK), NovAtel, Inc. (Canada), Mayflower Communications (US), Furuno Electric Co., Ltd. (Japan), Harris Corporation (US), BAE Systems plc (UK), u-blox Holding AG (Switzerland), and InfiniDome Ltd. (Israel).These players are increasingly undertaking contracts, acquisitions, and product launches and developments to develop and introduce new technologies and products in the market.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: firstname.lastname@example.org