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Assured PNT Market Share

Report ID: GMI5842 Published Date: November 2024Report Format: PDF
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Assured PNT Market Share

Assured PNT Market Share Analysis, 2024

The Assured PNT industry is highly competitive, with major defense contractors like General Dynamics, BAE Systems, Northrop Grumman, and Raytheon vying to provide secure positioning, navigation, and timing solutions. These companies develop advanced PNT technologies featuring anti-jamming capabilities, hybrid systems, and multi-source signal integration. The market sees significant R&D investment to enhance precision, reliability, and security, especially for military, aviation, and critical infrastructure. Companies form partnerships to integrate new technologies such as optical communication links and atomic clocks. With growing emphasis on GPS resilience and anti-spoofing, market players innovate to meet strict government and commercial requirements.

Assured PNT Market Companies

Major players operating in the assured PNT (Positioning, Navigation, and Timing) industry are:

  • BAE Systems
  • Curtiss-Wright
  • General Dynamics
  • Hexagon
  • Honeywell
  • Israel Aerospace Industries
  • L3Harris Technologies
  • Leonardo
  • Lockheed Martin
  • Northrop Grumman
  • Raytheon Technologies
  • Spirent Communications
  • Thales
Author: Suraj Gujar, Partha Paul
Frequently Asked Question(FAQ) :

What is the market share of the atomic clocks segment in the assured PNT industry?+

The atomic clocks segment held a market share of over 27% in 2024 and is expected to grow significantly, driven by the rising need for precise timing and synchronization in various fields.

How much is the North America assured PNT market worth?+

The North America market is expected to reach over USD 3.5 billion by 2034, driven by the increasing reliance on secure and resilient PNT solutions across various sectors.

How big is the assured PNT market?+

The global Assured PNT (Positioning, Navigation, and Timing) Market was valued at USD 665.6 million in 2024 and is projected to reach USD 7.9 billion by 2034, driven by a CAGR of 28.2% from 2025 to 2034.

Who are the major players in the assured PNT industry?+

Major players in the industry include BAE Systems, Curtiss-Wright, General Dynamics, Hexagon, Honeywell, Israel Aerospace Industries, L3Harris Technologies, Leonardo, Lockheed Martin, Northrop Grumman, Raytheon Technologies, and Spirent Communications.

Assured PNT Market Scope

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