In this research service, Frost & Sullivan overviews the global GPS upgrades and alternatives market, highlighting growth drivers, restraints, and opportunities. The study also outlines the most relevant projects, representative contracts, and leading companies. With 2022 as the base year, the study period is 2023–2027.
GPS is an essential technology that significantly impacts daily life and international conflicts. Disrupting a country's GPS signal can severely affect its economy, trade, and transportation services.
Militaries are increasing their defense budgets to modernize troops and keep up with the latest advancements. Communication systems and unmanned vehicles rely heavily on GPS-provided position, navigation, and timing information, which drives market growth.
However, security and data privacy concerns are prevalent with the GPS constellation, particularly in military operations. GPS signals are vulnerable to unauthorized access, disruption by enemy forces, and spoofing and jamming attacks. Therefore, it is essential to ensure that security in GPS signals is robust and impenetrable, as well as seamlessly interoperable with legacy navigation systems.
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the GPS Upgrades and Alternatives Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Research Scope and Overview
Growth Trends
Growth Challenges
Growth Drivers
Growth Restraints
Definitions and Types of Equipment
Definitions and Types of Equipment (continued)
GPS Upgrades and Alternatives
GPS Upgrades and Alternatives (continued)
Recent Global Developments
Recent Global Developments (continued)
Recent Global Developments (continued)
Recent Global Developments (continued)
Representative Contracts
Representative Contracts (continued)
Representative Contracts (continued)
Competitive Landscape
Impact on Sustainability
Growth Opportunity 1: Inertial Navigation Technology
Growth Opportunity 1: Inertial Navigation Technology (continued)
Growth Opportunity 2: Geographical Information System (GIS) and GPS Integration
Growth Opportunity 2: Geographical Information System (GIS) and GPS Integration (continued)
Growth Opportunity 3: Missile Guidance Systems
Growth Opportunity 3: Missile Guidance Systems (continued)
List of Exhibits
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| Deliverable Type | Market Research |
|---|---|
| Author | Sol Ipuche |
| Industries | Aerospace, Defence and Security |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Navigation System Upgrades Report |
| Keyword 2 | Satellite Navigation Industry Trends |
| Keyword 3 | GPS Industry Market Analysis |
| Podcast | No |
| WIP Number | K96B-01-00-00-00 |
Growth Opportunities in Global Positioning System (GPS) Upgrades and Alternatives
Balancing Equipment Upgrades with Security Concerns and Sustainability Goals
05-Oct-2023
Global
Market Research