Search, Detection, Navigation & Guidance System Manufacturing Industry Report
Overview
The US search, detection, and navigation equipment manufacturing industry includes about 500 companies with combined annual revenue of about $50 billion. Major companies include FLIR Systems and the US operations of Japan's Furuno and the US operations of Switzerland's Garmin. Divisions of large integrated companies such as Boeing, General Dynamics, Northrop Grumman, and Raytheon also manufacture search, detection, and navigation equipment, primarily for national security and defense applications. The industry is highly concentrated: the largest eight companies account for about 75 percent of revenue; the largest 50 account for about 95 percent.
SIC: 3663, 3812
NAICS: 334511, 334220
Sample Questions & Answers
How dependent is the company on government contracts?
The Departments of Defense and Homeland Security use navigation, search, and detection systems extensively. Government purchases account for a large percentage of industry revenues. Major changes in agency budgets can significantly impact the...
How is the company driving product innovation?
Search, detection, and navigation equipment companies compete in both commercial and government markets based on product innovation. Some companies spend as much as 10 percent of revenue on new technology developments. The rapidity of innovation...
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General Report Description
Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.
Sections Included in Report
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Trends and Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Website and Media Links
- Glossary of Acronyms
Industry Report Highlights:
Recent Developments
Stay up to date on crucial industry news that may affect your strategy.Trends & Opportunies
Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.Call Preparation Questions
Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.Industry Forecast
Identify growth and integrate projections in your own business planing.
Business Challenges
Engage your prospects with solution selling that makes their life easier by first understanding their pain points.Executive Insight
Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.Financial Information
Increase your credibility and support your presentations by adding verifiable industry metrics.Web Links & Acronyms
Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.
Search, Detection, Navigation & Guidance System Manufacturing Industry Report
