Military communications are the communication system that is used by the defense sector. The growing emphasis on the provision of data-centric and network-centric communications and advancements in handheld technologies and products such as SDR (Software Defined Radio) is projected to fuel the exponential growth of the military communications market. Furthermore, rising focus on the adoption of advanced communications technologies for enhanced operational efficiency and improve security are triggering the growth of the military communications market.
MARKET DYNAMICS
Rapid developments in defense infrastructure and the need to maintaining consistent communication between the military forces are rising the adoption of military communications across the globe. Increasing concerns related to the security of military communications, and rising need to modernize and replace aging communication equipment are boosting the growth of the military communications market. Moreover, increasing spending on the defense sector by different countries of governments is expected to drive the growth of the military communications market over the forecast period.
MARKET SCOPE
The "Global Military Communications Market Analysis to 2028" is a specialized and in-depth study of the military communications industry with a special focus on the global market trend analysis. The report aims to provide an overview military communications market with detailed market segmentation as component, application, end-user, and geography. The global military communications market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading military communications market players and offers key trends and opportunities in the military communications market.
MARKET SEGMENTATION
The global military communications market is segmented on the basis of component, application, end-user. On the basis of component the market is segmented as SATCOM system, radio system, radar and sonar system. On the basis of application the market is segmented as command and control, situational awareness, routine operations, others. On the basis of end-user the market is segmented as air force, ground force, naval force.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Military communications market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Military communications market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Military communications market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the military communications market in these regions.
MARKET PLAYERS
The reports cover key developments in the military communications market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from military communications market are anticipated to lucrative growth opportunities in the future with the rising demand for military communications in the global market. Below mentioned is the list of few companies engaged in the military communications market.
The report also includes the profiles of key military communications companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- BAE Systems
- Elbit Systems Ltd.
- General Dynamics Corporation
- Inmarsat Plc
- L3Harris Technologies, Inc.
- Leonardo S.p.A.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Technologies
- Thales Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.