Market Share of Naval Navigation And Communication Systems Industry
The naval navigation and communication systems market is fragmented, with many global players present in the market. Some prominent players in the market are Northrop Grumman Corporation, Teledyne FLIR LLC, Safran, Honeywell International Inc., and Kongsberg Gruppen ASA. To gain long-term contracts and expand their global presence, players are investing significantly in continuous R&D to foster the advancements of accuracy and efficiency of integrated navigation and communication systems onboard naval vessels.
For instance, in May 2023, the Naval Supply Systems Command Weapon Systems Support announced a USD 12 million contract to Honeywell International Inc. Aerospace segment to provide ring laser gyros for the AN/WSN-7 inertial navigation system. The AN/WSN-7 inertial navigation system senses ship motions, computes the ship's accurate position, attitude, velocity, heading, and rates in digital and analog formats, and forwards the data to other vital ship systems. Similarly, Northrop Grumman Corporation is developing the Inertial Navigation Systems Replacement (INS-R) Inertial Sensor Module (ISM) to upgrade the WSN-7 navigation system to empower surface vessels to navigate accurately without GPS satellite navigation.
Naval Navigation And Communication Systems Market Leaders
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Northrop Grumman Corporation
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Honeywell International Inc.
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Teledyne FLIR LLC
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Kongsberg Gruppen ASA
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Safran
*Disclaimer: Major Players sorted in no particular order
