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High CAGR Growth Likely for Receivers Due to the Implementation of the Precision Strike Paradigm
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Recent conflicts in Iraq and Afghanistan showed that precision strikes seem to be a new feature of contemporary military conflicts. From the military point of view, a single strike of a 155mm GNSS-guided artillery round can bring a solution which previously required a utilization of dozen of unguided rounds. Therefore, a substantial demand growth is predicted for GNSS guided weapons for 120mm mortars, 152/155mm artillery systems, rocket artillery systems, tactical missiles, and guidance kits for unguided bombs.
2018 NASA Budget, Forecast to 2022
Global Commercial Satellite-Based Maritime Surveillance Market Assessment
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Assessment of the Small-Satellite Market
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