Though the navigation system market had a relatively slow start, it has snowballed into an industry with a potential to generate high revenues through its products, services and capabilities. Though there is both a possibility of risk and potential gain in this sector, a holistic and robust business model is essential at the onset of investing in the navigational service sector.
The strong growth in the market is due to the emergence of the aerospace industry and the mobile and internet technology, the rise in demand for a more accurate, real-time tracking and monitoring facility and the technical capability to manufacture small, robust, light and cost-effective components for assembling such a portable system.
The mobile network operators also tend to support such market developments as it contributes to their revenue gain. Such an industry may have to face some initialization constraints including the pressure to maintain safety standards, directional and distance accuracy and storage limitations. Since the navigation technology is still in its nascent stages of development, the opportunities in this domain are many.
The report enlists some of the primary opportunities, the factors that drive the market forces, challenges, industry attractiveness by the Porter's five industry forces analysis, market size and share estimation and competitive intelligence by comparing the profiles, products, services and business strategies of the prominent industry players.
The navigation system market has been estimated to grow more than three times in the next five years with the maximum share for the vehicular and pedestrian applications. The market leaders in this domain are North America (the U.S. and Canada), followed by the developed European nations such as the U.K., Germany, France and Russia. For the purpose of easy understanding, the study segments the market on the basis of the verticals of applications, platforms (space borne, airborne, terrestrial and naval), type, technology (mechanical, ring laser gyro, fiber optic gyro, resonator gyro, vibrating gyro and micro electro-mechanical systems), product type and geography. The key competitors in the navigation system domain are Northrop Grumman, Honey Technologies, Rockwell Collins, Raytheon Company, Advanced Navigation, Sagem and others.
The report also gives a detailed insight into the market potentials, trends and forecasts, mergers and acquisitions and recent developments. The future of the navigation market will be driven by innovations and strategies to meet the demand on the part of the mobile users and taking advantage of the technology to improve safety, convenience and comfort in the different verticals, such as defense, military, aviation, intelligent transportation, fleet management, etc.
1. Market analysis for the global navigation system market, with region-specific assessments and competition analysis on a global and regional scale.
2. Market definition along with the identification of key drivers and restraints.
3. Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
4. Extensively researched competitive landscape section with profiles of major companies along with their market share.
5. Identification and analysis of the macro and micro factors that affect the global navigation system market on both global and regional scale.
6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
7. A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
8. Insights into the major countries/regions where this industry is growing and also identify the regions that are still untapped.
2. Research Methodology
3. Executive Summary
4. Market Overview
4.2 Industry Value-Chain Analysis
4.3 Porter's Five Industry Forces Analysis
4.3.1 Industry Competition
4.3.2 Potential of New Entrants
4.3.3 Power of Suppliers
4.3.4 Power of Customers
4.3.5 Threat of Substitute Products
4.4 Navigation Data Standards (NDS)
5. Market Dynamics
5.2.1 Emergence of Aerospace and Defense Industry
5.2.2 Emergence of Smart Mobile Technology
5.2.3 Rising Need for Security Tracking System
5.2.4 Growing Need for Comprehensive Spatial Information and Maps
5.3.1 Initialization Constraints
5.3.2 Safety Constraints
5.3.3 Accuracy Constraints
5.3.4 Storage Constraints
5.4.1 Sourcing Products From Sub-manufacturers
5.4.2 WiBro/WiMAX for Connecting Drivers
5.4.3 Intuitive Navigation
6. Navigation Systems Market Segmentation
6.1 By Verticals of Application
220.127.116.11 Fleet Management
6.2 By Type
6.2.1 Automotive Navigation System
6.2.2 Global Positioning System (GPS)
6.2.3 Marine Navigation System
6.2.4 Surgical Navigation System
6.2.5 Inertial Navigation System
6.2.6 Robotic Navigation
6.3 By Technology
6.3.2 Ring Laser Gyro (RLG)
6.3.3 Fiber Optic Gyro (FOG)
6.3.4 Resonator Gyro
6.3.5 Vibrating Gyro
6.4 By Product Type
6.4.1 Marine Grade
6.4.2 Navigation Grade
6.4.3 Tactical Grade
6.4.4 Commercial Grade
6.5 By Geography
6.5.1 North America
18.104.22.168 South Korea
6.5.4 Latin America
6.5.5 Middle East & Africa
22.214.171.124 Saudi Arabia
126.96.36.199 South Africa
7. Competitive Intelligence - Company Profiles
7.1 Northrop Grunman
7.3 Rockwell Collins
7.5 KVH Industries
7.6 Raytheon Company
7.7 SBG Systems
7.8 Advanced Navigation
7.9 Atlantic Inertial System
7.10 Trimble Navigation
7.11 Lord Microstrain
7.12 L3 Communications
7.13 Garmin Ltd.
7.14 Esterline Technologies Corporation
7.15 Moog Inc.
8. Investment Analysis
8.1 Recent Mergers and Acquisitions
8.2 Investment Outlook
9. Future of Navigation System Market