Armored Vehicle Navigation Systems Market Size
| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 108.54 Million |
| Market Size (2030) | USD 138.00 Million |
| CAGR (2025 - 2030) | 4.92% |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Armored Vehicle Navigation Systems Market Analysis
The Armored Vehicle Navigation Systems Market size is estimated at USD 108.54 million in 2025, and is expected to reach USD 138.00 million by 2030, at a CAGR of 4.92% during the forecast period (2025-2030).
The increase in defense expenditure globally has propelled the armored vehicle navigation system market. The major economies, such as the United States, France, and Russia, and emerging economies, such as India and China, have surged their defense expenditures. These countries are heavily investing in the development and procurement of armored vehicles. Moreover, to give fleets increased battle ranges and combat effectiveness, substantial developments are being made in the field of armored vehicle navigation systems. Development and implementation of technologies, such as artificial intelligence and autonomous vehicle technology, are propelling the growth of the market for armored vehicle navigation systems.
Armored Vehicle Navigation Systems Market Trends
Inertial Navigation Systems to Exhibit the Highest Growth Rate
Major military forces worldwide are increasing their efforts to improve the situational awareness of combat vehicle units on the battlefield, leading to significant improvements in inertial navigation systems. The integration of satellite positioning systems with inertial navigation systems is propelling the growth of the global armored vehicle navigation systems market.
Investments are being made to improve the existing inertial navigation technology that can work precisely in GPS-denied zones. Inertial navigation systems are safe and accurate, unlike GPS systems prone to jamming and spoofing. Sensor technology development is at the core of inertial navigation system development. For instance, in November 2023, Kebni AB, a Sweden-based firm, was awarded an order for a test unit of Kebni SensAItion inertial navigation systems (INS) from RV Connex as part of a new industrial cooperation. The order pertains to a test unit that evaluates navigational support in advanced applications.
The increasing use of sensors is fueling the weight—and space-reduction design of armored vehicle navigation systems. Sensors and Fiber Optic Gyros (FOG) reduce the instability of inertial navigation systems and make them more reliable. Owing to their autonomous vehicle applications, FOG systems are expected to witness a high growth rate during the forecast period.
Asia-Pacific is Projected to Significant Growth During the Forecast Period
Asia-Pacific is home to major military powers, such as Japan, China, India, and South Korea, and these countries are significantly increasing their defense expenditures for the procurement and development of armored vehicles and armored vehicle navigation systems, owing to the rising border conflicts and terrorism in the region.
Procuring armored vehicles in the region has aided the demand for its navigation systems. For instance, in December 2022, the Japanese Ministry of Defense outlined a five-year plan for the procurement of Finnish company Patria's armored modular vehicles (AMVs) for the Japan Ground Self-Defense Force's (JGSDF's) wheeled armored personnel carrier (WAPC) program. The country has plans to procure 29 vehicles worth USD 176 million. Similarly, in September 2023, the Indian Ministry of Defense initiated the procurement of 170 armored recovery vehicles (ARVs) based on a tracked platform. These developments are expected to aid the market in the Asia-Pacific region.
Armored Vehicle Navigation Systems Industry Overview
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.
Armored Vehicle Navigation Systems Market Leaders
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Honeywell International Inc.
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KVH Industries, Inc.
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BAE Systems plc
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RTX Corporation
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Safran SA
- *Disclaimer: Major Players sorted in no particular order
Armored Vehicle Navigation Systems Market News
February 2024: Elbit Sytems was awarded a USD 300 million contract to supply weapon, reconnaissance, driving, and situational awareness systems for approximately 230 armored vehicles to a European customer until 2030.
November 2023: India and the US announced their plans to jointly produce Stryker armored vehicles to strengthen Indian ground forces amid a tense border dispute between India and China.
Armored Vehicle Navigation Systems Industry Segmentation
An armored vehicle is a technologically advanced vehicle fitted with partial or complete armor plating to protect against bullets, shell fragments, and other projectiles. Armed forces use armored vehicles and move on wheels or continuous tracks. The armored vehicle navigation system is essential to military missions for navigation purposes in enemy territories.
The armored vehicle navigation systems market is segmented by armored vehicle type, navigation system, and geography. By armored vehicle type, the market is segmented into main battle tanks, infantry fighting vehicles, armored personnel carriers, and other armored vehicle types. By navigation system, the market is segmented into inertial navigation systems and satellite navigation systems. The report also covers the market sizes and forecasts for the armored vehicles navigation systems market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).
| Armored Vehicle Type | Main Battle Tanks | ||
| Infantry Fighting Vehicles | |||
| Armored Personnel Carriers | |||
| Other Armored Vehicle Types (Tactical Truck, Bus, MRAP) | |||
| Navigation System | Inertial Navigation System | ||
| Satellite Navigation System | |||
| Geography | North America | United States | |
| Canada | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Russia | |||
| Rest of Europe | |||
| Asia-Pacific | India | ||
| China | |||
| Japan | |||
| South Korea | |||
| Australia | |||
| Rest of Asia-Pacific | |||
| Latin America | Mexico | ||
| Brazil | |||
| Rest Of Latin America | |||
| Middle-East and Africa | United Arab Emirates | ||
| Saudi Arabia | |||
| Israel | |||
| Rest of Middle-East and Africa | |||
Armored Vehicle Navigation Systems Market Research FAQs
How big is the Armored Vehicle Navigation Systems Market?
The Armored Vehicle Navigation Systems Market size is expected to reach USD 108.54 million in 2025 and grow at a CAGR of 4.92% to reach USD 138.00 million by 2030.
What is the current Armored Vehicle Navigation Systems Market size?
In 2025, the Armored Vehicle Navigation Systems Market size is expected to reach USD 108.54 million.
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.
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 (2025-2030).
Which region has the biggest share in Armored Vehicle Navigation Systems Market?
In 2025, the North America accounts for the largest market share in Armored Vehicle Navigation Systems Market.
What years does this Armored Vehicle Navigation Systems Market cover, and what was the market size in 2024?
In 2024, the Armored Vehicle Navigation Systems Market size was estimated at USD 103.20 million. The report covers the Armored Vehicle Navigation Systems Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Armored Vehicle Navigation Systems Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Armored Vehicle Navigation Systems Industry Report
Statistics for the 2025 Armored Vehicle Navigation Systems market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Armored Vehicle Navigation Systems analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
