Defence Navigation Market: Global Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentation by Platform Type, Technology, Application, and Region

Defence Navigation Market size was valued at USD 288.03 Bn. in 2023 and the total Defence Navigation revenue is expected to grow by 14.56 % from 2024 to 2030, reaching nearly USD 745.88 Bn.
Defence Navigation Market Overview:
Defence navigation system provides GPS positioning. This system is crucial to the worldwide operation of military equipment. A navigation system is a part of equipment that can help a user figure out where they are in relation to their destination and determine their present location. A GPS system is a specific kind of navigation system, such as a smartphone app, a handheld device, or a vehicle-based device.

Potential investments in the development and introduction of sophisticated navigation systems are expected to boosted by the ongoing R&D for the development of advanced maritime technologies, such as stealth submarines and unmanned marine systems. Leading market players are increasing their spending on the development of maritime navigation and communication systems as a result of growing worldwide concerns about naval security. The defense industry is highly regulated and concentrated in a cutthroat market. A small number of important firms dominate the industry's manufacture, which depends on government approval in each region and gives them the power to determine the direction of the sector and its pricing strategy.To know about the Research Methodology :- Request Free Sample Report
Defence Navigation Market Dynamics:
The MMR report covers all the trends and technologies playing a major role in the growth of the Defence Navigation Market over the forecast period. It highlights the drivers, restraints, and opportunities expected to impact the market growth during 2024-2030.

High Demand for Defence and Aviation Navigation Systems Globally:

Growing demand for the aircrafts and fighter jets coupled with the growing production of drones and other aircrafts have been creating the ample number of opportunities for these navigation systems from the recent past decade. Deliveries of new Airbus aircraft are set to grow 18% to a total of around 720 in 2022, surpassing the 2017 level but still far from its pre-COVID record high of 863 planes. Commercial aircrafts are projected to gain the momentum over the forecast owing to the increasing production of these aircrafts in U.S. & strengthening of China, India, Japan and some other emerging economies in the market. For the full year 2021, Boeing delivered 340 aircraft, compared to 157 and 380 in 2020 and 2019, respectively.



COUNTRIES
WORLD DEFENCE EXPENDITURE 2021


CHINA
$292 billion


US
$801 billion


INDIA
$76.6 billion


UK
$68.4 billion


GERMANY
$56 billion


RUSSIA
$65.9 billion


CANADA
$26.4 billion



Defence Navigation Systems Has Been Significantly Impacted by Various Technological Developments:

The previous few years, the Defence Navigation industry has been greatly influenced by copious changes in technology. Companies, along with governments, are consistently working on innovating new technologies to increase the efficiency. For example, augmented reality applications in marine navigation systems are a key upcoming trend in the market. Seas and oceans cover more than 70% of the global surface. With the increasing awareness of seaborne navigation and safety, there have been extensive developments on the marine navigation system front due to which the global market has gained momentum. Factors such as growing emphasis on maritime security and subsequent increase in naval budgets worldwide, surge in international seaborne trade, and rise in coastal and maritime tourism are the prime driving factors of the Defence Navigation market.

The Department of Defense (DOD) plans to use alternate positioning, navigation, and timing (PNT) technologies in addition to the Global Positioning System (GPS) or as a backup in case it becomes unavailable or impaired. In its alternative PNT science and technology portfolio, the DOD analyses two methods: enhanced sensors for providing relative PNT data and outside sources for absolute location and navigation. Inertial sensors and clocks are examples of related PNT technologies that enable a platform to track its location and maintain track of time without the need for an external signal like GPS. To properly supply PNT information to its many military platforms, DOD may deploy a number of PNT technologies. In order to help with speedier integration and fielding of new PNT technologies at a cheaper cost, DOD is investigating strategies such developing common standards and interfaces. To assess the effectiveness of new PNT technologies, DOD is enhancing its PNT modelling and simulation capabilities.

Growing Demand for New Aircrafts In Europe:

Rising demand for commercial & military aircraft along with a substantial increase in defences spending has contributed to the growth of the aerospace and defence industry in Europe. Indigenous R&D and extensive manufacturing are bolstered by the presence of leading industry incumbents such as BAE Systems, Rolls Royce, Safran, Thales, and Leonardo. The industry is closely related to the GDP of the region and the industry player’s work in close collaboration with regional suppliers and end-user to foster symbiotic sustenance. The European Union (EU) has also formulated the Europe 2020 Strategy for smart, sustainable, and inclusive growth. The European space program contributes to regional scientific progress in the fields of telecommunications, navigation, and Earth observation

Advancing Defence and Aerospace Innovation To New Levels

Environmental concerns are directly related to important business objectives like effectiveness, profitability, and regulatory compliance throughout the Aerospace & Defense sector. This gives businesses a strong incentive to continuously innovate as they search for innovative approaches to cut waste, energy use, and emissions, boost efficiency, and lower operating and maintenance costs. As an illustration, Airbus has offered three hydrogen-powered models in order to achieve zero emission flights by 2035. (Turbofan, turboprop and blended–wing body designs). Startups are using virtual prototypes to hone their innovations, test them, and reduce waste before investing costly resources and materials.

The Vulnerability of Electronic Navigation Systems to Cyber-Attacks Hinders the Market Growth:

Ship onboard systems are susceptible to a cyber-attack. Modern technologies have integrated IT (Information Technology) and OT (Operational Technology) onboard ships through networking and connectivity to the internet However, there is no real segregation between the IT and OT networks. There are some issues like hackers trying to disrupt ships’ electronics/computers or to steal sensitive information. The impact of these kinds of attacks could be enormous. It has been noted that successful IT network hacks have their origins in the initial penetration of the OT system. To gain remote access to the IT or OT systems, the satellite, 4G, or Wi-Fi connections of the vessel have to be breached. Concerning security, time is a complicating factor.

Technological vulnerability and its exposure change significantly during the lifetime of a vessel. The IT and OT will need dedicated technical improvements over time. The maintenance on IT and OT systems must be aligned with their dock-time, of course, or appropriate remote access management should be in place to ensure that only the vendor is able to perform updates. There are three prevalent cyber and information security risks related to the maritime sector in general:

 Lack of timely response to technical vulnerabilities: A technology gap is identified between the IT and on ships and land-based systems. Land-based systems are usually better updated than the equivalent ship-based systems, which are, therefore, more susceptible to cyber-attacks.

 No process in place for upgrades: There is a risk if the upgrading process of OT equipment does not match the standards associated with IT technologies.

 Securing critical systems: The potential consequences of a targeted attack to databases and registers based on older technology are lack of data integrity, loss of reputation, and a potential financial loss.

Relentless Demand for Accuracy & Preciseness Is Likely to Offer Lucrative Opportunity For The Growth

Of The Defence Navigation Market:

Designing parts & components for the aerospace industry requires extremely high levels of accuracy. Lack of attention to detail and production errors simply cannot happen. The AS9100 group of standards, for example, is a series of regulatory requirements that are specific to aerospace manufacturing. The regulations ensure that manufacturers produce components within a strict quality-controlled environment, to guarantee reliability and safety of an aircraft. This quality assurance is particularly important for mass manufacturing environments, where busy production lines are expected to produce a high volume of precise, identical parts and components.

Meeting these standards is not a simple task, but to simplify quality management & improve accuracy, manufacturers are choosing sophisticated force measurement & metrology systems to test the components they make. Intelligent software increases the accuracy of force measurement, while also improving precision for engineers designing and creating components. By gaining complete control with a system like this design engineers are less restricted and can be more innovative with their designs. What’s more, quality control managers can rest assured that parts will meet industry standards and, as a result, are less likely to fall victim to manufacturing errors.
Defence Navigation Market Trends:
The Adoption of Unmanned Combat Vehicles Is One Of The Major Trends In Defence Navigation Market

An unmanned combat vehicle is a machine or motorized vehicle that runs without any physical human intervention. These vehicles have a set of sensors for 360-degree situational awareness and for optical avoidance, steering actuators, brake, and laser scanner along with other autonomous features enabling remote or autonomous functioning of the vehicle. It is majorly used to inspect the surroundings and transfer the information to the operator through teleportation or make autonomous decisions to deal with situations involving several technical challenges. For instance, in January 2020, the U.S. Army awarded contracts for the development of Robotic Combat Vehicle- Medium (RCV-M). It is an unmanned robotic teleop combat vehicle with an onboard 20-to 50- millimeter automatic cannon. It can fight alongside infantry and destroy enemy armored personnel carriers, trucks, & troops.

Aircraft Platform is expected to Witness the Highest Growth

Various fleet modernization initiatives are active in North America as of 2019. However, because to their high induction rate and relatively higher cost justified by their inherent advanced flight characteristics, the aircraft fleet expansion and modernisation programmes contributed to the majority share of such undertaken activities. The F-35 programme was started when the F-22, which was built domestically in the US, ran into some design issues with a naval derivative. Three configurations of the F-35 are available: A, B, and C. The US Department of Defense (DoD) planned to purchase more than 2,400 new generation F-35s as of October 2019 as part of the F-35 Joint Strike Fighter (JSF) Program. Over 1,700 aircraft, or a majority of the total acquisition, must be F-35As.

Key Players Are Focusing on Penetrating the Growing Economies & Are Adopting Several Methods to 

Boost Their Market Share:

Introduce new innovations to market, businesses are collaborating more than ever across time zones, languages, and organisational boundaries. An integrated platform is needed to bring together a whole programme, including programme management, engineering, testing, manufacturing, and operations, as businesses grow to operate more collaboratively rather than in functional, organisational, or geographic silos. All functions can work together in almost real-time to develop a programme from conception to take-off by going beyond Product Data Management (PDM) or Product Lifecycle Management (PLM) systems to an enterprise-wide innovation platform.

Additionally, a few of the major competitors are attempting to gain a larger portion of the worldwide industry. For example, Mitsubishi Heavy Industries has been manufacturing the highest quality products with the innovative technologies for over 130 years. They have complex technologies and ability to integrate and manufacture state of the art products at sea. They develop, build and provide after-sales service for destroyers and submarines, the symbols of maritime operation. Through the buildings of new destroyers and submarines that represent Japan, the company is working to integrate these systems into a world class maritime force structure.
Defence Navigation Market Segment Analysis:
By Technology, Fiber optic gyro navigation system segment was valued US$ 78 Bn in 2023 and is expected grow the CAGR of 12.13% over forecast period. Fiber Optic Gyro Navigation System segment is expected to dominate the market by 2030 with total shares of xx%. Over the last few years, the navigation systems industry has been greatly influenced by copious changes in technology. Companies, along with governments, are consistently working on innovating new technologies to increase the efficiency. With the increasing awareness of seaborne navigation and safety, there have been extensive developments on the marine navigation system front owing to which the global market has gained momentum.


Defence Navigation Market Regional Analysis:
The North American region dominated the market in 2023 with xx% of total shares and is expected to grow at a CAGR of 11.8% during the forecast period. Countries in the region have the need to upgrade the aging fleet of military vehicles and subsystems with new navigation systems that can provide better geographical reach and enhance performance.

The US is expected to lead the North America Defense Navigation Market, generating revenue worth $77.04 Bn by 2023. The US Army has signed a contract worth USD 1.5 million with KVH Industries to supply tactical navigation systems for armored vehicles. Similarly, the US Air Force has also entered a navigation system contract with Raytheon to upgrade the miniature air launched decoy-jammer. The United States having the highest military expenditure in the world is the primary driver of North American Defence Navigation Market growth.
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Global Defense Navigation Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 288.03 Bn.


Forecast Period 2024 to 2030 CAGR:
14.56%
Market Size in 2030:
US $ 745.88 Bn.


 Segments Covered:
by Platform Type
Airborne platform
Naval platform
Land platform


by Technology
Fiber optic gyro navigation system
Ring laser gyro navigation system
Mechanical navigation system
Hemispherical resonator gyro navigation system
Micromechanical systems-based navigation system
Others


by Application
Ship
Boat
Autonomous Underwater vehicle
Remotely Operated Underwater Vehicle



Defence Navigation Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Defence Navigation Market Key Players
1. Cobham
2. DANELEC MARINE
3. Esterline Technologies Corporation (TransDigm Group)
4. FLIR Systems Inc
5. Furuno Electric
6. Garmin
7. GE Aviation
8. Honeywell International Inc.
9. IAI
10.Icom America Inc.
11.Kongsberg
12.L3 Technologies
13.KVH Industries, Inc.
14.Moog Inc
15.Northrop Grumman
16.Northrop Grumman Sperry Marine B.V.
17.Periskal Group
18.Raytheon Anschütz
19.Rockwell Collins
20.Safran
21.Thales
22.Trimble Inc

Frequently Asked Questions:

1] What segments are covered in the Global Defence Navigation Market report?
Ans. The segments covered in the Defence Navigation Market report are based on Platform Type, Technology, Application, and Region.

2] Which region is expected to hold the highest share in the Global Defence Navigation Market?
Ans. The North American region is expected to hold the highest share of the Defence Navigation Market.

3] What is the market size of the Global Defence Navigation Market by 2030?
Ans. The market size of the Defence Navigation Market by 2030 is expected to reach US$ 745.88 Bn.

4] What is the forecast period for the Global Defence Navigation Market?
Ans. The forecast period for the Defence Navigation Market is 2024-2030.

5] What was the market size of the Global Defence Navigation Market in 2023?
Ans. The market size of the Defence Navigation Market in 2023 was valued at US$ 288.03 Bn.