Military Communications Market Research Report, Size, Share, Industry Outlook

Posted by balaji on January 27th, 2021

Global Military Communications Market Forecast 2020-2027

The Military Communications market is expected to grow from USD 30 billion in 2018 to USD 38 billion by 2026, at a CAGR of 3.4% during the forecast period. Increasing demand for military communications security, the necessity of advanced communication equipment and the fact that rise in the disputes between countries, leads to rise in demand of military communication solutions and the necessity of advanced communication equipment are some of the driving factors of the market. Governments of all countries are majorly focusing on adopting advanced technologies for enhanced communication efficiency for improved security The issues faced by different militaries or agencies in interoperability and cooperation with each other may restrain the market growth of military communication. This is due to the fact that using similar communication equipment globally is not feasible.

Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with bringing disruption in the supply chain, demands & trends, and financial difficulties. The report covers the initial and future assessment of the COVID-19 impact on the market.

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The report covers the market dynamics analysis, company profiles, production and manufacturing capacity, product specifications, product value, and key players. The report also offers an insight into the growth prospects during the forecast period. The Military Communications Market report also offers detailed data on the key market players to impart a deeper understanding of the competitive landscape. The report focuses on the key market elements to ensure the readers gain a competitive advantage and maximum benefit of the market data to assist them in achieving substantial growth and an advantageous position in the global market.

The major companies profiled in the report are:

General Dynamics (US), BAE Systems (UK), Cobham (UK), Aselsan (Turkey), Elbit Systems (Israel), Harris (US), Inmarsat (UK), Iridium Communications (US), Kongsberg (Norway), Kratos Defense & Security Solutions (US), L3 Technologies (US), Israel Aerospace Industries (Israel), Leonardo (Italy), Systematic (Denmark), Lockheed Martin (US), Northrop Grumman (US), Raytheon (US), Rockwell Collins (US), Rolta India (India), Rheinmetall (Germany), Saab (Sweden), Thales (France), Viasat (US), Rohde & Schwarz (Germany) and EID (Portugal).

Communication type Outlook (Revenue, USD Million; 2018–2026)

Military Satcom Systems, Military Radio Systems, Military Security Systems, Communication Management Systems

Component Outlook (Revenue, USD Million; 2018–2026)

Military Satcom Systems, Military Radio Systems, Military Security systems, Communication systems

End user application (Revenue, USD Million; 2018–2026)

Command & control, Routine operations, Situational Awareness, Others

End-User Outlook (Revenue, USD; 2018-2026)

Land forces, Naval forces, Air forces.

The report further provides an extensive analysis of the key geographical regions where the market is spread and offers a comprehensive overview of the market size, market share, revenue generation, production and consumption patterns, supply and demand ratio, and import/export ratio, among others.

Based on the regions, the report covers the following regions:

•         North America (U.S.A., Canada)
•         Europe (U.K., Italy, Germany, France, Rest of EU)
•         Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
•         Latin America (Chile, Brazil, Argentina, Rest of Latin America)
•         The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Coverage of the Report:

•          An in-depth analysis of the historical years and the forecast period has been offered in the report
•          Military Communications Market dynamics, including key drivers, challenges, restraints, threats, and growth opportunities have been analyzed in reports
•          SWOT analysis and Porter’s Five Forces analysis with feasibility analysis and investment return analysis
•          Competitive landscape benchmarking along with a comprehensive overview of their company profiles, product portfolios, strategic business decisions, and financial standings
•          The report covers mergers and acquisitions, product launches and brand promotions, joint ventures, collaborations, and partnerships among few
•          Pictorial representation of the key statistical data into graphs, tables, charts, diagrams, and figures
•          An in-depth analysis of the current and emerging market trends and developmental patterns

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