The Anti-Jamming Market for GPS is predicted to develop at a CAGR of 7.9% from 2020 to 2025, from a market size of USD 4.0 billion in 2020 to USD 5.9 billion by 2025.
High demand for GPS technology in military applications and ongoing efforts to enhance the overall GPS infrastructure are a couple of the main factors propelling the growth of this market. Players in the GPS Anti-Jamming Market can expect growth prospects as a result of factors including the rising demand for unmanned aerial vehicles and systems and the creation of affordable GPS anti-jamming solutions.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=109743417
Raytheon Technologies Corp. (US), Hexagon (Sweden), Thales Group (France), L3Harris Technologies (US), BAE Systems (UK), and Cobham Ltd. (UK), Mayflower Communications (US), infinDome (Israel), Lockheed Martin Corp. (US), Israel Aerospace Industries Ltd. (Israel), FURUNO ELECTRIC CO., LTD. (Japan), and Meteksan Defense (UK), are few major players in the GPS Anti-Jamming Market. Most of the leading companies have used contracts as key strategies to boost their revenues.
Top 2 Market Players:
For the needs of the air, land, and naval forces, as well as for sophisticated electronics, security, information technology solutions, and support services, BAE Systems (UK) is a one-stop shop. Their Integrated GPS Anti-jam System (IGAS) is one example of how they have established themselves as industry leaders in providing accurate and reliable navigation products, notably for precision-guided missile and ammunition systems. Their next-generation Digital GPS Anti-jam Receiver (DIGAR) technology builds on this accomplishment by providing top-notch defence against aerial GPS jamming. Through contracts and acquisitions, BAE Systems has sought inorganic growth techniques to increase their market share in the GPS anti-jamming sector.
Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/anti-jamming-gps-market-109743417.html
Known for its cutting-edge equipment and services, Raytheon Technologies Corp. (US) caters to commercial, military, and governmental customers around the world. The company offers a variety of anti-jamming devices and solutions through its Space and Airborne devices (SAS) segment. For complex missions, SAS specialises in planning, developing, and producing integrated sensor and communication systems. One of their product lines, Secure Sensor Solutions, is dedicated to creating cutting-edge anti-jam GPS solutions.
Serving several armed forces throughout the world, Raytheon is a pioneer in the invention, manufacture, and delivery of analogue and digital GPS anti-jamming systems. Raytheon UK has a history of manufacturing over 10,000 GPS anti-jam systems for the international market and actively supplying these solutions to the UK Ministry of Defence, US Department of Defence, and more than 20 other countries. Securing large contracts is a key part of Raytheon's strategy for growing both its clientele and business. The contract that the UK Ministry of Defence granted in July 2020 to enable the development of cutting-edge GNSS anti-jamming technologies is an illustration of this strategy.
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Visit Our Website: https://www.marketsandmarkets.com
