Military Communications Market worth $40.6 billion by 2025
CHICAGO,, November 17, 2020 / PRNewswire / – According to the new market research report “Military communications market by type of communication (air, air, surface, ground), component (Satcom military systems, military radio systems, military security systems), application, end user and region – global forecast until 2025 “, published by MarketsandMarkets ™, the size of the global military communications market from which it grows $ 33.4 billion in 2020 to $ 40.6 billion by 2025 at a compound annual growth rate (CAGR) of 4.0% over the forecast period. Key drivers of growth in the military communications market include growing security concerns and orders for military communications solutions due to growing disputes between countries around the world.
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188 – Masses
44 – Figures
210 – Pages
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The world has witnessed several pandemics, but nothing has come close to the current global pandemic. COVID-19 started as a regional virus, but spread rapidly around the world. The Great Britain,, France, and Germany represent up to 50% of total European defense spending. Due to the economic impact of the Covid-19 crisis on overall budgets, these countries are likely to implement cuts in their military spending in the near future, reducing the overall European average. The effect will be relatively long-lasting and their combined defense spending in 2031 will be around $ 25 billion, less than originally expected. Several states and their armies make sure that troops supporting local and state governments in the fight against COVID-19 are equipped with the latest information and communication systems.
The air communication segment to maintain a larger market size during the forecast period
The communication segment includes air, air-ground, underwater, ground and ship communications. The air communications segment is expected to hold a larger market share during the forecast period. The key trend contributing to this market growth is the increased focus and investment to improve the capabilities of the Air Force. Several countries, such as the United States, the United Kingdom, Russia,, Israel,, India,, Japan,, Singapore, and China, have increased their spending to strengthen their air force, which is expected to increase the cost of air communications. The underwater communications segment is projected to grow with the highest CAGR over the forecast period.
The military SATCOM systems segment maintained the largest market size during the forecast period
The market of military communications by components is segmented into military systems SATCOM, military radio system, military security system and communication management system. Among the components, the military segment of SATCOM systems is expected to hold the largest share in the military communications market. Most technologically advanced countries rely on SATCOM communications due to wider coverage, easy installation, security and location independence. With the advent of SDRs, the military radios segment is expected to grow at a decent pace. Security concerns are expected to stimulate the adoption of military security systems, thus stimulating the growth of the military security segment.
The command and control segment to maintain the largest market size during the forecast period
The market of military communications by applications is divided into command and control, routine operations, awareness of the situation and others. The Management and Control segment is expected to represent the largest share of the military communications market due to the need for integrated and interoperable capabilities to establish proper control over military operations.
The Air Force segment to maintain the largest market size during the forecast period
The market for military communications by end users is divided into ground forces, naval forces and air forces. Among end-users, the air force segment is projected to grow at the fastest pace, while the ground force segment is expected to make the largest contribution to the market.
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North America to maintain the largest market size during the forecast period
The military communications market is divided into five regions: North America,, Europe, APAC, MEA and Latin America. North America is expected to maintain the largest market size over the forecast period due to growing technological advances in the region. APAC is expected to witness the highest growth rate during the forecast period. It is also expected to be the fastest growing region in the military communications market.
Major suppliers worldwide Military communications market includes ASELSAN (Turkey), BAE Systems (UK), Lockheed Martin (USA), Northrop Grumman (USA), Raytheon (USA), Cobham (UK), Elbit Systems (UK)Israel), General Dynamics (USA), Harris Corporation (USA), ThalesFrance), Viasat (USA), Inmarsat (UK), Iridium (USA), SystematicDenmark), Leonardo (Italy), Israel Aerospace Industries (Israel), Rheinmetall (Germany), Rolta (India), Rufus Laboratory (USA), Vantage Robotics (USA), CRON Systems (UK), Fortem Technologies (USA), Airspace Systems (USA), Citadel Defense (USA).
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