GNSS Anti-Jam Market to Hit 4.8B/yr by 2020
Editor’s note: With all of the jamming we hear about these days, we will be surprised if this market doesn’t get a lot hotter a lot quicker.
Research and Markets – Global Military GNSS Anti-Jamming Systems Market Value of USD 4.80 Billion by 2022 – Analysis, Technologies & Forecasts Report 2016-2022 – Key Vendors: Exelis, Novatel, Raytheon
DUBLIN, June 24, 2016 /PRNewswire/ —
Research and Markets has announced the addition of the “Global Military GNSS Anti-Jamming Systems Market – Forecast & Analysis, 2016-2022 Report” report to their offering.
According to the report titled Global Military GNSS Anti-Jamming Systems Market, Forecast & Analysis, 2016-2022′, the market is expected to generate over $4.80 billion by 2022 at an estimated CAGR of 6.47% from 2016 to 2022, as per the forecasts.
The report focuses primarily on global navigation satellite system (GNSS) anti-jamming devices used in military across different platforms including airborne, naval, ground and unmanned. Some of the key factors driving the global military GNSS anti-jamming system market include rise in threats to GNSS devices in form of jamming or spoofing activities, high expenditure on satellite navigation programs, increase in technological advancement through miniaturization of GNSS based anti-jamming products, among others.