Global Search, Detection, and Navigation Instruments Market (2020 to 2030) - Key Mergers and Acquisitions - ResearchAndMarkets.com

DUBLIN--()--The "Search, Detection, and Navigation Instruments Global Market Report 2020" report has been added to ResearchAndMarkets.com's offering.

The global search, detection, and navigation instruments market was worth $175.14 billion in 2019.

The search, detection and navigation instruments market covered in this report is segmented by type into compasses, aeronautical and space navigation instruments, nautical navigation instruments and radio navigational aid apparatus.

Search, Detection and Navigation Instruments Global Market Report 2020 from the publisher provides the strategists, marketers and senior management with the critical information they need to assess the global search, detection and navigation instruments market.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
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  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
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Where is the largest and fastest growing market for the search, detection and navigation instruments? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Search, Detection and Navigation Instruments market global report from the publisher answers all these questions and many more.

The search, detection, and navigation instruments market consist of sales of search, detection and navigation instruments and related services used for searching, detecting, recording and guiding and to determine the speed, and direction to arrive at the point of destination. The search, detection, and navigation instruments refer to the instruments used by nautical navigators and pilots as tools for their trade. Some of the search, detection, and navigation instruments include aeronautical instruments, navigation and guidance systems, SONAR and RADAR systems equipment.

The search, detection, and navigation instruments market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. Asia-Pacific was the largest region in the search, detection, and navigation instruments market in 2019. Asia-Pacific region is expected to be the fastest growing region in the search, detection, and navigation instruments market in forecast period.

The increasing demand from civilian and defense aircraft manufacturing industries drove the market for search, detection and navigation instruments. The increasing demand was supported by rising disposable income, increasing air travel and military usage. Rise in working group and middle-class demography will affect the demand positively. For instance, in 2020, Airbus invested $1 billion to manufacture 63 A320 Family aircraft per month, beginning in 2021. Therefore, the increasing demand from civilian and defense aircraft manufacturing companies is expected to drive the market for search, detection and navigation instruments.

Stringent regulations on tariffs limited the growth of search, detection and navigation instruments manufacturing. Governments across the world are imposing tariffs owing to trade wars between countries, national defense or curtailment of monopoly powers, volatile oil prices and volatility in international trade. In October 2018, the World Trade Organization permitted the USA to tax European exports as much as $7.5 billion annually. As a result, the USA has imposed tariffs of 10% on imports of large civil aircraft, and industrial products among other goods from the European Union. The tariffs could raise prices for American companies importing goods and machinery thereby increasing the expenses. The increase in the import duties and taxes has a negative impact on search, detection, and navigational instruments market growth.

Key Topics Covered:

1. Executive Summary

2. Search, Detection and Navigation instruments Market Characteristics

3. Search, Detection and Navigation instruments Market Size and Growth

3.1. Global Search, Detection and Navigation instruments Historic Market, 2015 - 2019, $ Billion

3.1.1. Drivers of the Market

3.1.2. Restraints on the Market

3.2. Global Search, Detection and Navigation instruments Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

3.2.1. Drivers of the Market

3.2.2. Restraints on the Market

4. Search, Detection and Navigation instruments Market Segmentation

4.1. Global Search, Detection and Navigation instruments Market, Segmentation by Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

5. Search, Detection and Navigation instruments Market Regional and Country Analysis

5.1. Global Search, Detection and Navigation instruments Market, Split by Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

5.2. Global Search, Detection and Navigation instruments Market, Split by Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Companies Mentioned

  • Agilent Technologies
  • BAE Systems Plc
  • Boeing
  • Garmin International Inc
  • GE Aviation Systems
  • Herman Becker Auto Systems Inc
  • Honeywell International Inc
  • Leonardo S.p.A
  • Medtronic plc
  • Moog Inc
  • Northrop Grumman Corporation
  • Raytheon
  • Siemens Medical Solutions
  • Smiths Group North America Inc
  • Thales Group
  • Thermo Fisher Scientific
  • United Technologies Corp.

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900