How big is the Armored Vehicle Navigation Systems Market?

The Armored Vehicle Navigation Systems Market size is expected to reach USD 103.45 million in 2024 and grow at a CAGR of 4.92% to reach USD 131.46 million by 2029. Read More

What is the current Armored Vehicle Navigation Systems Market size?

In 2024, the Armored Vehicle Navigation Systems Market size is expected to reach USD 103.45 million. Read More

Who are the key players in Armored Vehicle Navigation Systems Market?

Honeywell International Inc., KVH Industries, Inc., BAE Systems plc, RTX Corporation and Safran SA are the major companies operating in the Armored Vehicle Navigation Systems Market. Read More

Which is the fastest growing region in Armored Vehicle Navigation Systems Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Armored Vehicle Navigation Systems Market?

In 2024, the North America accounts for the largest market share in Armored Vehicle Navigation Systems Market. Read More

What years does this Armored Vehicle Navigation Systems Market cover, and what was the market size in 2023?

In 2023, the Armored Vehicle Navigation Systems Market size was estimated at USD 98.36 million. The report covers the Armored Vehicle Navigation Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Armored Vehicle Navigation Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Armored Vehicle Navigation Systems Market Share

Statistics for the 2023 & 2024 Armored Vehicle Navigation Systems market share, created by Mordor Intelligence™ Industry Reports. Armored Vehicle Navigation Systems share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Armored Vehicle Navigation Systems Industry

The market for armored vehicle navigation systems is semi-consolidated, with major players, such as Honeywell International Inc., KVH Industries Inc., Safran SA, RTX Corporation, and BAE Systems plc. The market is witnessing investments in innovations and the development of precise technology that can be offered at low, competitive rates. Major players aim to win contracts and deals from national governments and defense agencies for revenue generation. The market is expected to grow, owing to the defense modernization and upgrade efforts by major economies worldwide.