Global Armored Vehicles Navigation Systems Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Armored Vehicle Type;

Tanks, Infantry Fighting Vehicle, Armored Personnel Carrier, and Others.

By Navigation System;

Inertial Navigation System, Satellite Navigation System.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn117931111 Published Date: February, 2024 Updated Date: March, 2024

Introduction

Global Armored Vehicles Navigation Systems Market (USD Million), 2020 - 2030

In the year 2023, the Global Armored Vehicles Navigation Systems Market was valued at USD 2,740.92 million. The size of this market is expected to increase to USD 3,417.08 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 3.2%.

The Global Armored Vehicles Navigation System Market plays a pivotal role in enhancing the operational capabilities and safety of armored military vehicles used in defense and security applications. Armored vehicles navigation systems are integral components that provide real-time positioning, navigation, and situational awareness to military personnel operating in challenging and dynamic environments. These systems utilize advanced technologies such as GPS (Global Positioning System), inertial navigation, and digital mapping to enable precise navigation and effective mission execution in various terrains and operational scenarios.

As the geopolitical landscape evolves and threats become increasingly diverse and complex, the demand for armored vehicles equipped with advanced navigation systems continues to grow. Military organizations worldwide are investing in modernizing their armored vehicle fleets to maintain strategic superiority, enhance operational effectiveness, and ensure the safety of military personnel deployed in the field. The integration of advanced navigation systems into armored vehicles is a key focus area for defense procurement agencies and original equipment manufacturers (OEMs), driving innovation and technological advancements in the global market.

The growing emphasis on network-centric warfare and interoperability among military forces has led to the adoption of integrated navigation solutions that enable seamless communication and collaboration between armored vehicles, command centers, and other assets on the battlefield. Armored vehicles navigation systems play a crucial role in facilitating data sharing, mission planning, and coordinated operations, thereby enhancing overall mission success and battlefield situational awareness.

In addition to military applications, armored vehicles navigation systems also find use in various civilian sectors such as law enforcement, border patrol, and critical infrastructure protection. These systems enable law enforcement agencies and security forces to navigate challenging terrain, respond to emergencies, and conduct surveillance operations with precision and efficiency.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Armored Vehicle Type
    2. Market Snapshot, By Navigation System
    3. Market Snapshot, By Region
  4. Global Armored Vehicles Navigation Systems Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Defense Modernization Programs
        2. Increasing Threats and Security Challenges
        3. Enhanced Situational Awareness
        4. Interoperability Requirements
      2. Restraints
        1. Complexity and Integration Challenges
        2. Reliability and Maintenance Concerns
        3. Regulatory and Compliance Issues
        4. Cybersecurity Risks
      3. Opportunities
        1. Rising Demand for Autonomous Capabilities
        2. Integration of AI and Machine Learning
        3. Expansion into Civilian Applications
        4. Partnerships and Collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitve Rivalry
  5. Market Segmentation
    1. Global Armored Vehicles Navigation Systems Market, By Armored Vehicle Type, 2022 - 2032 (USD Million)
      1. Main Battle Tanks
      2. Infantry Fighting Vehicle
      3. Armored Personnel Carrier
      4. Others
    2. Global Armored Vehicles Navigation Systems Market, By Navigation System, 2022 - 2032 (USD Million)
      1. Inertial Navigation System
      2. Satellite Navigation System
    3. Global Armored Vehicles Navigation Systems Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Safran SA
      2. KVH Industries Inc.
      3. Hertz Systems
      4. Israel Aerospace Industries Ltd
      5. Bharat Electronics Limited (BEL)
      6. Advanced Navigation
      7. Honeywell International Inc.
      8. GEM elettronica
      9. BAE Systems PLC
      10. Northrop Grumman Corporation
      11. THALES
      12. RTX Corporation
  7. Analyst Views
  8. Future Outlook of the Market

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