The size of the global market for military radio systems will grow from $ 33.4 billion in 2020 to $ 40.6 billion by 2027, with a combined annual growth rate (CAGR) of 4.0% over the forecast period.
The global market for military radio systems is expected to grow over the forecast period due to rapid advances in portable radios and advances in technologies such as software-defined radios (SDRs). Military radio stations assist during military exercises as they assist in transmitting confidential information to servicemen. Factors such as rising military spending in developing countries such as China and India and the growing military exercises and operations of several countries are stimulating market growth. In addition, the development of modern and light military radios such as the Harris Corporation has also stimulated market growth. For example, in 2018, Harris Corporation launched a new advanced two-channel handheld radio, AN / PRC-163 Army Radio. The radio simultaneously provides voice and data to army personnel. However, interoperability issues and lack of regulatory rules can hamper market growth.
The best companies on the world market of military radio systems: Barrett Communications, Leonardo, Harris Corporation, Radmor, Thales Communications & Security, Codan Limited, Elbit Systems, Flir Systems, Rockwell Collins, Safran and others.
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The market for military radio systems can be divided according to the type of product and its subtype, the main applications and the area of use of third countries and important regions.
This report segments the global market for military radio systems based on the following types: Backpack radios, vehicle radios,
Based on the application, the global market for military radio systems is segmented into: Marines, ground forces,
Business opportunities in the military radio systems market in the following regions and countries:
North America (USA, Canada and Mexico)
Europe (Germany, Great Britain, France, Italy, Russia, Spain and the Benelux countries)
Asia-Pacific region (China, Japan, India, Southeast Asia and Australia)
Latin America (Brazil, Argentina and Colombia)
The other countries
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The latest industry data included in this report:
-Size and analysis of the global market of military radio systems (2016-2027)
-Analysis of the market share of the global market of military radio systems (%), 2016-2027
-Global market share, by brand
-Global market share, by company
-Global assessment of the market of military radio systems and capabilities (value), 2016-2027
-Main companies Military radio system Analysis and forecast of market value
-Promising development from large companies
-Detailed portfolio of large companies
-Main transactions on the world market of military radio systems
-Analysis of large companies
Significant features that are in Proposal and key highlights of the reports:
-Detailed overview of the military radio systems market
-Changing the dynamics of the military radio system market in the industry
-In-depth market segmentation by type, application, etc.
-Historical, current and projected dimensions of the military radio system market in terms of volume and value The latest trends and developments in the industry
-Competitive environment on the market of military radio systems
-Strategies of key players and product offerings
-Potential and niche segments / regions showing promising growth.
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