Mar 7, 2018
According to Stratistics MRC, the Global Military Communications Market is accounted for $26.75 billion in 2017 and is expected to reach $85.65 billion by 2026 growing at a CAGR of 13.8% during the forecast period.
Gaithersburg, Maryland, US - March 7, 2018 /MarketersMedia/ —
Factors such as rising emphasis on providing network-centric, better security services and data-centric communications are fueling the market growth. However, financial limitation towards procurement, interoperability issues and several standards in devices are hindering the market.
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Military communication is all about transferring information across the world. A protected and robust communication system in the military sector is a precondition to provide exercise authority, timely connectivity and direct forces across the world. Technologies such as mobile user objective system (MUOS) will provide secure mobile network communication, globally.
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Airborne communications are critical to the safety of all military flight operations. Airborne communications usually consists of equipment that can use either radio-telegraphy or radiotelephony. Radiotelegraphy and radiotelephony are called Morse code and continuous wave (CW) voice communications, respectively. Asia-Pacific is projected to have a significant CAGR during the forecast period. Rising government investments in the defence sector are some of the factors which are fuelling growth in this region.
Some of the key players in the Military Communications market include Harris Corporation, General Dynamics, Thales Group, Rockwell Collins, Raytheon, Northrop Grumman Corporation, BAE Systems, Lockheed Martin Corporation, Alcatel-Lucent, L-3 Communications Holdings Inc and Airbus group.
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Applications covered:
• Situational Awareness
• Command and Control
• Routine Operations
• Other Applications
Communication Types covered:
• Shipborne Communications
• Underwater Communications
• Ground-Based Communications
• Air-Ground Communications
• Airborne Communications
Components covered:
• Military Radar and Sonar Systems
• Military Radio Systems
• Military SATCOM Terminals
• Military Security System
End Users covered:
• Naval Forces
• Land Forces
• Air Forces
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
Contact Info:
Name: James Lamb
Email: info@strategymrc.com
Organization: Stratistics Market Research Consulting Pvt Ltd
For more information, please visit http://www.strategymrc.com
Source: MarketersMedia
Release ID: 309738
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