According to Stratistics MRC, the Global Assured Positioning, Navigation & Timing Market is accounted for $0.51 billion in 2023 and is expected to reach $2.85 billion by 2030 growing at a CAGR of 27.8% during the forecast period.
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Assured PNT tracks an object’s position and location relative to its starting point using gyroscopes and accelerometers. Assured PNT systems play an important role in precise modern military warfare by improving the navigation, positioning, and survivability functions of airborne, land, and naval platforms. Assured PNT directly enables positioning of forces; navigation across the operational environment; communication networks; situational awareness applications; and protection, surveillance, targeting, and engagement systems that contribute to combined arms maneuver. Assured PNT provides services for vital infrastructure, aviation, maritime, transportation, telecommunications, defence, and the military.
Some of the key players in Assured Positioning, Navigation & Timing Market include BAE Systems PLC, Cobham Limited, Curtis-Wright Corporation, Garmin Limited, General Dynamic Corporation, Hexagon AB, Honeywell International, Israel Aerospace Industries, L3Harris Technologies, Leonardo DRS, Lockheed Martin Corporation, Northrop Grumman Corporation, Novatel Inc., Orolia Holding SAS, Qualcomm Technologies Limited, Raytheon Technologies Corporation, Rheinmetall AG, Spirent Communications, Thales Group, Viavi Solutions Inc. and WR Systems.
Types Covered:
• Nano
• Micro
• Mini
Platforms Covered:
• Naval
• Air
• Land
Components Covered:
• Antennas
• Sensors
• Transponders
• Power Amplifiers
• Atomic Clocks
• Receivers
• Other Components
End Users Covered:
• Homeland Security
• Defence
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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