Increasing Range of Military Applications for GPS/GNSS Devices Will Drive Market

摘要

Global spending on GPS/GNSS systems and devices is expected to remain robust over the coming decade, according to Strategic Defence Intelligence new report -The Global Military GPS/GNSS Devices Market 2013-2023 - which forecasts market growth at a CAGR of 4.6 percent, primarily driven by their extensive use alongside associated software in modern or fourth-generation warfare. The increasing breadth of uses for GPS technology, which now sees systems evident in virtually every operational aspect of a country's armed forces, will further drive the market, with auto-landing for aircraft, GPS embedded uniforms, and the development of GPS guided parachutes just some of the wide range of military applications for GPS technology that will help precipitate growth through to 2023.