Armored Vehicle Navigation Systems Market Share

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.

Armored Vehicle Navigation Systems Market Leaders

1. Honeywell International Inc.

2. KVH Industries, Inc.

3. BAE Systems plc

4. RTX Corporation

5. Safran SA

*Disclaimer: Major Players sorted in no particular order