According to this latest report, now available on ASDReports, The Military GPS-GNSS Devices market is projected to grow at a CAGR of 2.73% over the 2017-2027 period, to reach US$2.8 billion by 2027.’
The market consists of four categories: Land Based GPS/GNSS, Air Based GPS/GNSS, Munition Guiding GPS/GNSS, and Naval GPS/GNSS.
‘Land based GPS/GNSS is expected to account for 71.3% of the global military GPS/GNSS devices market, followed by Munition Guiding GPS/GNSS and Air based GPS/GNSS respectively. Asia Pacific will lead the sector with a share of 34.8%, followed by North America and Europe.
Source: ASDReports - Market Research
Date: Oct 12, 2017