The GPS anti-jamming market in APAC is expected to grow from US$ 1,119.7 million in 2019 to US$ 2,002.4 million by 2027; it is estimated to grow at a CAGR of 7.7 % from 2020 to 2027.
The Australia, China, India, Japan, and South Korea are major economies in APAC. Progressive developments to improve the overall GPS (Global Positioning System) infrastructure is expected to escalate the APAC GPS anti-jamming market. The GPS technology is used in aviation, surveying and mapping, trucking and shipping, search and rescue, tracking, space exploration, and offshore drilling, among many other scientific uses. The technology improves the efficiency of these applications. The GPS solutions are embedded in trains, boats, aircraft, automobiles, watches, cell phones, etc., for improving performance and efficiency of the processes involving these entities hence driving the GPS anti-jamming market growth of APAC region. GPS also fosters scientific goals, such as earthquake prediction, weather forecasting, and environmental protection. Precise GPS time signals also assist in critical economic activities such as communications network synchronization, power grid management, and electronic transaction authentication. Deployment of new satellites will improve the GPS accuracy, uptime, and accessibility. For personal tracking and business usage, the future of GPS tracking will be more precise and useful. Thus, the progressive developments to improve the GPS infrastructure will increase the use of GPS technology, as a result demand of GPS anti-jamming systems will also increase for avoiding signal jamming, which will drive the APAC GPS anti-jamming market.
Further, in case of COVID-19, APAC is highly affected specially the China and India. APAC region is one of the crucial regions for the future growth of GPS anti-jamming market, owing to the presence of a large number of developing countries, positive economic outlook, high industrial presence, and favorable government policies. The high growth rate of urbanization and industrialization in developing countries of APAC region is anticipated to offer ample growth opportunities to the market players operating in the GPS anti-jamming market, as the investments in both military and civilian infrastructure development is quite high in the region. However, the ongoing COVID-19 outbreak is causing huge disruptions in the growth of various sectors of APAC region. The lockdown of various plants and factories in China is affecting the global supply chains and negatively impacting manufacturing, delivery schedules, consumption, and sales of various products and services in the region which is also affecting GPS anti-jamming market of the region. Due to COVID-19 outbreak, the industrial activities and new projects have seen a sharp decline with multiple projects on hold and unavailability of labor due to movement restrictions in various countries. Hence, the ongoing disruptions in supply of raw materials & components and also in demand from China & other countries is expected to impact the growth of GPS anti-jamming market in coming quarters.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC GPS anti-jamming market. The APAC GPS anti-jamming market is expected to grow at a good CAGR during the forecast period.
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APAC GPS Anti-Jamming Market Segmentation
APAC GPS Anti-Jamming Market – By Receiver Type
- Military & Government Grade
- Commercial Grade
APAC GPS Anti-Jamming Market – By Anti-Jamming Technique
- Nulling Technique
- Beam Steering Technique
- Civilian Techniques
APAC GPS Anti-Jamming Market – By Application
- Flight Control
- Surveillance and Reconnaissance
- Position Navigation and Timing
- Casualty Evacuation
APAC GPS Anti-Jamming Market – By End User
APAC GPS Anti-Jamming Market, by Country
- South Korea
- Rest of APAC
APAC GPS Anti-Jamming Market – Companies Mentioned
- BAE SYSTEMS PLC
- Cobham Limited
- FURUNO ELECTRIC CO., LTD
- infiniDome Ltd.
- L3HARRIS Technologies, Inc.
- Lockheed Martin Corporation
- NovAtel Inc.
- Raytheon Technologies
- Thales Group
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