Military Communication Market: Summary
The global military communication market is estimated to reach USD 30.3 Billion in 2024 at a CAGR of 3.18%. Increasing IED detecting capabilities reducing human risk, growing efficiency of thermal control vests and cryocooler technology, continuously improvements in construction and cost reduction, and rising technology for detection, tracking and defeat of drones are expected to drive the military communication market during next five years. However, limited mobile broadband services on a global basis act as a restrain to the market during the forecast period. Increasing use of advanced fighter aircraft, advancing smart technology for fully integrated artillery solutions is identified as an opportunity for military communication market.
Military communication is refer to various communication which are use in all military platform.The communication system are construct to completely fulfill secure and logical data communication use of land, air, naval and space platform.It help to transfer of information from reconnaissance and to the other units.
Some key players in military communication ASELSAN A.Ş., BAE Systems, Cobham plc, Elbit Systems Ltd.,, General Dynamics Corporation, Harris Corporation, Inmarsat Global Limited, Iridium Communications Inc., KONGSBERG, L3Harris Technologies, Inc., and SYSTEMATIC among other.
This market research report offers a comprehensive analysis of key market trends in the global military communication market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of type, the market is segmented into military phones, military broadband multimode radiolink, modems/converters/routers, intercom unit, remote control unit & system and identification devices. By technology type the military communication market is segmented into future combat air system, optical display & targeting, electronic waveform and sensor system. By application the market is segmented into air, land, naval and space.
The report on the military communication market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2017-2024 |
Base Year for Market Calculation |
2018 |
Forecasted Period |
2019-2024 (2019 estimated year, forecasted up to 2024) |
Measured Units |
Value (USD Million) |
Segments Included |
Type, Technology, Application |
Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa, South America |
For the scope of report, In-depth segmentation is offered by Forencis Research
Military Communication Market, by Type
Military Communication Market, by Application
Military Communication Market by, Technology
Military Communication Market by, Region
Investment banks & private equity firms
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain