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Global Anti-Jamming Sales Revenue will Increase to $ 5.7 Billion by 2025

Author: QYResearch  |   Published Date: 2018-05-18   |   Views: 135


According to the report, global revenue for Anti-Jamming market was valued at $ 3.54 Billion in 2017, and is expected to generate revenue of $ 5.68 Billion by end of 2025, growing at a CAGR of slightly above 6.11% between 2017 and 2025. North America held the largest share of the Anti-jamming market in 2017, while the market in APAC is expected to be the second-largest by 2022. This growth of the market in APAC can be attributed to the ongoing territorial disputes in the South China Sea between China and some South-East Asian countries, between Japan and North Korea, and disputes between South Korea and North Korea. These political tensions are expected to fuel the military expenditures in these respective countries, and a significant portion of this expenditure is expected to be invested in GPS anti-jamming. The Anti-jamming market in Rest of world is expected to grow at a moderate rate. The volatile situation in Syria and the threats posed by the Islamic State (ISIS) group has prompted many of the regional powers there such as Turkey, Israel and Saudi Arabia to increase defense spending for their armed forces, which includes installing GPS anti-jamming systems.


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The major players in global Anti-Jamming market include

Raytheon

Rockwell Collins

Novatel

Cobham

Mayflower

BAE Systems

Thales Group

Harris

Hwa Create Technology


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