Assured PNT systems play an important role in precise modern military warfare and enhance the functions of airborne, land, and naval platforms in navigation, positioning, and survivability. Assured PNT is made of four major products:
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The increasing focus on enhancing advanced navigating capabilities to reduce casualties, the rising need for modernization programs, and increasing incidences of asymmetric warfare drive the assured PNT market. Countries worldwide are investing in developing missile systems, such as ballistic missiles and cruise missiles, which require assured positioning systems for guidance. Thus, the increasing implementation of assured PNT systems in missiles is contributing to the growth of the assured PNT market. Militaries use smart weapons with advanced tactical-grade military navigation for greater accuracy and lower circular error probability (CEP) to neutralize terrorists and reduce collateral damage.
The assured PNT market has been segmented by component, platform, end user, and region. The global market is projected to grow from an estimated USD 0.4 billion in 2022 to USD 1.7 billion by 2027, at a CAGR of 29.8% during the forecast period.
Major Assured PNT Companies Include:
These market players focus on new product developments to increase their product offerings and market share. They have also made significant investments in research and development to enhance the operational efficiency of missions. They have well-equipped and strong distribution networks across the North American, European, Asia Pacific, Middle East, and Rest of the World regions.
Lockheed Martin Corporation (US) is a leading player in the assured PNT market. It manufactures various assured PNT equipment, such as submarine electronic warfare systems, direction finders, automatic threat warning and situation assessment systems, radio-controlled improvised explosive devices (RCIED), and GPS spatial-temporal anti-jam receivers (GSTAR). The company also provides radar that uses electro-optical/infrared sensor systems for advanced precision targeting, navigation, threat detection, and next-generation intelligence, surveillance, and reconnaissance.
Raytheon Technologies Corporation
Raytheon Technologies Corporation (US) is one of the leading companies providing products for defense, civil government, and cybersecurity applications. The company offers advanced sensors, imaging technology, and missile defense systems. The unmanned EWS portfolio includes the Next Generation Jammer (NGJ) program, the High-Energy Laser (HEL) Weapon Systems for Counter-UAS and Precision Strike program, infrared and visible focal plane array manufacturing operations, integrated electronic warfare suites, the development of electronic warfare planning and management tools (EW PMT), the Multi-function Integrated Receiver/Exciter System (MFIRES) product family, advanced classified programs, and products such as towed decoys, radar warning receivers, radar, and communications countermeasures, and missile warning sensors, among others. The merger of Raytheon Company and United Technologies Corporation will create more opportunities for both companies.
BAE Systems Plc (UK) is a key supplier of surveillance radar to the US military and is the worlds second-largest defense contractor. It showcases strong experience in developing next-generation unmanned EW solutions. It has installed its EW systems on more than 120 different platforms. Some key fixed-wing aircraft platforms where its products are installed include the C-12/RC-12, C-23 Sherpa, C-26, EC-37B, EC-130H, F-15, F-15SA, F-16, F-22, F-35, Harrier, Tornado, U-2 S, and the UC-35. Some key rotary-wing aircraft platforms where its products are installed include the AH-64, CH-47/MH-47, Lynx, Merlin, OH-58D, Puma, Sea King, and the UH-60/HH-60/MH-60, among others. BAE Systems has delivered over 13,000 EW systems to date and offers electronic support, attack, protection, and mission support capabilities.
Leonardo DRS (US) is a comprehensive product and service provider to the armed forces, intelligence agencies, and prime contractors. The company is a subsidiary of Leonardo S.p.A. and operates in the US and Canada. Advanced range data systems, air combat maneuvering instrumentation systems, air combat training integrated visualization environment, airborne separation video systems, and airborne tactical servers are among the companys avionics and aviation support items.
Among Leonardos communication and network products are air force tactical receive systems, AN/USQ-130 Link-11/TADIL-a data terminal sets, integrated electronic warfare (EW) systems, and joint platform tablets. EW training systems, AWARE analytics tools, the BMDT-3 laptop computer, multi-function rugged screens, and upgraded solid-state hard drives are among its computing and information technology products. Leonardos defense system products include helicopter/vehicle starters, missile transport trailers and systems, and missile erecting trailers and systems. Among its intelligence and security products are the AN/USM-643 mobile electronics test sets, the Eagle Xpress recorders, the GS205 EO/IR/LD targeting systems, the Harrier full-band multichannel HF digital tuners, and integrated electronic warfare systems.
General Dynamics Corporation (US) is an aerospace and defense company that designs, manufactures, and markets various products and services in business aviation. It provides combat vehicles, weapons systems, munitions; shipbuilding; and communications and information technology. The company also offers commercial and logistic ships, nuclear-powered submarines, battle tanks, wheeled combat and tactical vehicles, business jets, munitions, and propellants. General Dynamics sells its products to defense agencies, the US government, and commercial customers. It has a presence across Europe, Africa, the Americas, the Middle East, and Asia Pacific.
Related Reports:
Assured PNT Market by Platform (Fighter Aircraft, Military helicopters, unmanned Vehicles, Combat Vehicles, Soldiers, Submarines, Corvettes, Destroyers, and Frigates), End User (Defense, Homeland Security), Component and Region - Global forecast to 2027
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