Naval Navigation and Communication Systems Market 2022 Analysis by Top Manufacturers- Honeywell International Inc., Kongsberg Gruppen ASA

The Naval Navigation and Communication Systems market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2028. This report also includes the overall and comprehensive study of the Naval Navigation and Communication Systems market with all its aspects influencing the growth of the market. This report is an exhaustive quantitative analysis of the Naval Navigation and Communication Systems industry and provides data for making strategies to increase market growth and effectiveness.

The naval navigation and communication systems market is projected to grow at a CAGR of over 3% during the forecast period.

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Markets Segmentation:

Top leading Companies Profiled in Naval Navigation and Communication Systems Market Report are Ê- Danelec Marine A/S, Furuno Electric Co., Ltd., Periskal Group, Northrop Grumman Corporation, WŠrtsilŠ Corporation, Raytheon Technologies Corporation, FLIR Systems, Inc., Safran SA, Honeywell International Inc., Kongsberg Gruppen ASA, Thales Group

News and Updates

The naval navigation and communication systems market is fragmented, with many global players present in the market. Some of the prominent players in the market are Northrop Grumman Corporation, FLIR Systems, Inc., Safran SA, Honeywell International Inc., and Kongsberg Gruppen ASA, among others. To gain long-term contracts and expand global presence, players are investing significantly towards continuous R&D to foster the advancements of accuracy and efficiency of integrated navigation and communication systems onboard naval vessels. On this note, in February 2019, the Sprut-N1 new-generation precision navigation radio system was launched for the Russian Navy. The system determines the geographic location, speed, and altitude with the help of ground stations that transmit coded signals to warships and aircraft, rendering it impossible against jamming threats.

Market Overview

- The constant update and introduction of a series of resolutions and codes on the guidelines on navigation issues and performance standards for shipborne navigational and radiocommunications equipment, namely the SOLAS, COLREG, and STCW have necessitated the development of new navigation and communication systems to ensure the safety of naval assets in the seas.

- The ongoing R&D towards the development of advanced maritime technologies, such as stealth submarines and unmanned marine systems, is envisioned to inspire the potential investments towards the development and induction of sophisticated navigation systems to ensure vessel safety and high-performance communication systems that can ensure the swift, stealthy, and encrypted flow of telemetry data between the naval fleet and the control station.

The advent of network-centric warfare techniques has revolutionized the scope of operations of naval vessels, rendering integration of C4ISR capabilities into the fleet a critical necessity to optimize their operational and strategic capabilities. Such systems incorporate command-and-control and sensor architecture to shape joint operations. These systems provide direct links to the naval Joint Force Commander from airborne reconnaissance platforms to ensure a real-time battlefield assessment through ELINT, SIGINT, and high-resolution SAR/MTI technologies. Global navies are adopting an enterprise integration approach to naval C4ISR systems to facilitate the breakdown of restrictive system silos and enable real-time sharing and transmission of terabytes of data. This architecture is aimed to enhance the naval fleetÕs capability to harness big data analytics for strengthening strategic coordination between the intelligence processing and warfighting units. For instance, the US Navy maintains a worldwide Maritime Command/Surveillance Tactical Support Center (TSC) network that functions as nodes for the Joint Maritime Command Information System (JMCIS).

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Naval Navigation and Communication Systems Report
─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Naval Navigation and Communication Systems market - key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance - Naval Navigation and Communication Systems market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Naval Navigation and Communication Systems

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In conclusion, the Naval Navigation and Communication Systems market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Naval Navigation and Communication Systems Industry business competitors. Our expert research analyst's team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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