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The military communications market is expected to grow from $ 31.94 billion in 2020 to $ 41.69 billion by 2028 with an average growth of 3.43%
NEW YORK, New York, USA, November 4, 2021 /EINPresswire.com/ – The Military communications market is expected to grow from $ 31.94 billion in 2020 to $ 41.69 billion by 2028, with a CAGR of 3.43% over the forecast period. The growing demand for security of military communications, the need for modern communication equipment and the fact that the growing disputes between the parties lead to increased demand for military communication solutions and the need for modern communication equipment are some of the driving factors in the market. Governments of all countries are mainly focused on adopting modern technologies for improved communication efficiency for improved security.
The problems faced by different military or agencies in interoperability and cooperation with each other can hinder the growth of the military communications market. This is due to the fact that the use of such communication equipment is not feasible worldwide.
Players will need more investment to cope with these constraints and facilitate growth in the coming years. This report includes engines, constraints, opportunities and challenges related to the military communications market; and extensive value chain analysis, patent analysis, analysis of current production capabilities and technological status, potential for commercialization of various devices, together with market size forecasts until 2026.
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Key players in the military communications market are General Dynamics (USA), BAE Systems (UK), Cobham (UK), Aselsan (Turkey), Elbit Systems (Israel), Harris (USA), Inmarsat (UK), Iridium Communications (USA) ), Kongsberg (Norway), Kratos Defense & Security Solutions (USA), L3 Technologies (USA), Israel Aerospace Industries (Israel), Leonardo (Italy), Systematic (Denmark), Lockheed Martin (USA), Northrop Grumman (USA) , Raytheon (USA), Rockwell Collins (USA), Rolta India (India), Rheinmetall (Germany), Saab (Sweden), Thales (France), Viasat (USA), Rohde & Schwarz (Germany) and EID (Portugal).
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The report analyzes global consumption in terms of value and volume.
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The report presents a detailed study of the country’s highly competitive landscape.
The report offers vital information about industry leaders, along with their values, sales volumes and business growth strategies.
In addition, the report highlights the strategic developments that are taking place in the world during the forecast period, such as enlargements, agreements, mergers and acquisitions and the launch of new products.
Chapter 1. Synopsis of the market
1.1. Market definition
1.2. Scope and prerequisite of the study
1.4. Market valuation technique
Chapter 2. Summary
2.1. Summary photo, 2018 – 2026
Chapter 3. Segmentation of the military communications market and impact analysis
3.1. Analysis of the segmentation of the military communications market
3.2. Value chain analysis of the military communications market, 2018-2026
3.3. Analysis of the impact on the military communications market
3.3.1. Market engine analysis
184.108.40.206. Growing demand for security of military communications
220.127.116.11. The growing disputes between the countries lead to an increase in the demand for military communication solutions
18.104.22.168. The need for modern communication equipment
3.3.2. Analysis of market restrictions
22.214.171.124. Critical problems faced by forces from different nations to work effectively in a synchronized way
3.3.3. Market opportunities
126.96.36.199. Advanced Ka-Band satellites for communication services
188.8.131.52. The emergence of mobile Ad-Hoc networks (Manets)
3.3.4. Market challenges
184.108.40.206. Budget constraints
3.4. Industry Analysis – Porter Analysis
3.5. Competitive scenario on the military communications market, 2018
Chapter 4. Market of military communications by type of communication (insights and trends)
4.1. Market share of military communications by type of communication, 2019 and 2026
4.2. Air communication
4.3. Air-ground communication
4.4. Underwater communication
4.5. Ground communication
4.6. Ship communication …
Additional key findings from the report suggest
The military communications market is expected to grow from $ 30 billion in 2018 to $ 38 billion by 2026, with an average growth rate of 3.4% over the forecast period.
The main factor contributing to the growth of the military communications market may be the need for modern communication equipment. For more secure communications, it is necessary to modernize the equipment and replace the obsolete ones. It is also important to reduce the size, weight and power of the components. Some other drivers include the growing demand for security of military communications and the fact that growing disputes between countries are leading to increased demand for military communications solutions. Governments of all countries are mainly focused on adopting modern technologies for improved communication efficiency for improved security.
The military communications market is segmented by the type of communication of military Satcom systems, military radio systems, military security systems and communications management systems. The military Satcom system is expected to witness the highest CAGR growth of 3.6% over the forecast period, as satellite communications provide services such as global broadcasting service, personal communication service and bandwidth on demand to meet future requirements for military operations
The military communications market is segmented by components of military Satcom systems, military radio systems, military security systems and communication systems. The military radio system to grow with the highest CAGR of 3.9% during the forecast period due to the increased adaptation of software-defined radio stations for military radio equipment.
The military communications market is segmented by the application for end users of command and control, routine operations, situational awareness and others, which are expected to increase situational awareness with the highest CAGR of 4.1% over the forecast period, as expected to provide real-time data on military forces.
The military communications market is segmented by the end user of ground forces, naval forces and air forces. The ground forces are expected to witness the largest growth, with a CAGR of 3.9% over the forecast period, as the military uses land communication systems primarily to transmit battlefield information to carry out its operations.
The military communications market is segmented by geography in North America, Europe, the Asia-Pacific region, the Middle East and Africa and Latin America. The APAC segment dominates the market with a market share of approximately $ 1.8 billion in the base year, as developing countries such as China, India, Japan are the fastest growing economies and they are constantly improving their protection. In addition, growing terrorist activity in countries such as India is also driving the military communications market in this segment.
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For the purposes of this report, the market is segmented based on type of communication, component, end-user application, end-user and regional analysis.
Communication type forecast (revenue, millions of USD; 2018–2026)
Military Satcom systems
Military radio systems
Military security systems
Communication management systems
Component forecast (revenue, millions of dollars; 2018-2026)
Military Satcom systems
Military radio systems
Military security systems
End-user application (revenue, millions of dollars; 2018-2026)
Command and control
Perspectives for the end user (revenues, US dollars; 2018-2026)
Regional perspective (revenues, millions of US dollars; 2018-2026)
Canada and Mexico
The rest of Europe
The rest of APAC
The Middle East and Africa
The report “Market of military communications by type of communication (air communication, air-ground communication, underwater communication, ground communication and ship communication), components (military Satcom systems, military radio systems, military security systems and end-user communication systems), Annex (Command and control, routine operations, situational awareness, etc.), end user (land forces, navy and air force) and geography – global forecast 2026 “is now available to customers of reports and data and can also be purchased directly at address: https://www.reportsanddata.com/report-detail/military-communications-market
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