500 companies Operate in the $37 billion US Search, Detection, & Navigation Equipment Manufacturing Industry.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c50328) has announced the addition of the First Research report: Search, Detection, and Navigation Equipment Manufacture - Industry Profile to their offering. Covering over 175 industries and updated every 90 days, the First Research Industry Profiles do the "heavy lifting" for you - saving your sales team valuable research time, enhancing client communications and giving you the competitive edge to win more business. Easy-to-use and up-to-date, the Industry Profiles provide you with the industry research necessary to stay on top of constant changes in select industries. The First Research profiles help target your products and services directly to prospects. The Industry Profiles provide the information and understanding you need to engage new prospects during the sales process A sales process is a systematic approach for performing product or service sales. The reasons for having a sales process include seller and buyer risk management, achieving standardized customer interaction in sales and scalable revenue generation. , deepen customer relationships and strengthen your own bottom line. Topics Covered Industry Overview Quarterly Industry Update Business Challenges Trends AND Opportunities Call Preparation Questions Financial Information Industry Forecast Website and Media Links Glossary of Acronyms Summary Brief Excerpt ex·cerpt n. A passage or segment taken from a longer work, such as a literary or musical composition, a document, or a film. tr.v. ex·cerpt·ed, ex·cerpt·ing, ex·cerpts 1. from Industry Overview Chapter: The US search, detection, and navigation equipment manufacturing industry includes about 500 companies with combined annual revenue of about $37 billion. Major companies include Garmin, Furuno, and Raymarine. Divisions of large integrated companies such as Boeing, Northrup 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 have about 75 percent market share, and the largest 50 have about 95 percent market share. COMPETITIVE LANDSCAPE Demand depends on discretionary consumer income, general economic conditions, and federal budgets for defense and homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States . Large companies have advantages in purchasing power Purchasing Power 1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase. 2. , manufacturing volume, and distribution efficiencies. Small companies compete by offering specialized products and subcontract sub·con·tract n. A contract that assigns some of the obligations of a prior contract to another party. intr. & tr.v. sub·con·tract·ed, sub·con·tract·ing, sub·con·tracts manufacturing to larger system integrators. Annual revenue per employee is about $270,000. PRODUCTS, OPERATIONS & TECHNOLOGY Major products include radar (RAdio Detection And Ranging); sonar (SOund NAvigation Ranging); and global positioning system Global Positioning System: see navigation satellite. Global Positioning System (GPS) Precise satellite-based navigation and location system originally developed for U.S. military use. (GPS) instruments and systems. Manufacturers develop a wide array of products for commercial and military markets. Products for commercial markets include depth finders depth finder n. An instrument used to measure the depth of water, especially by radar or ultrasound. depth finder ; fish finders Fish finder may refer to:
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