Military Communication Market To Reach USD 30.3 Billion In 2024 | CAGR 3.18% - Forencis Research

Military Communication Market Size, Share, Trends, Growth, Analysis, Research

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.

Military Communication Market

Military Communication Market: Report Synopsis

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.

Military Communication Market: Report Scope

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

Companies Covered

  • ASELSAN A.Ş. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • BAE Systems
  • Cobham plc
  • Elbit Systems Ltd.,
  • General Dynamics Corporation
  • Harris Corporation
  • Israel Aerospace Industries Ltd.
  • Inmarsat Global Limited
  • Iridium Communications Inc.
  • KONGSBERG
  • L3Harris Technologies, Inc.
  • SYSTEMATIC
  • Other Key Companies

*Provided for top 10 companies. Subject to availability in public domain.

Research Design

Forencis Research follows robust and deep dive research methodologies to deliver accurate – current, estimated and forecasted market data. Our extensive primary and secondary research help in deriving reliable qualitative and quantitative data to provide verified market insights. Our research team tracks historic trends, existing and recent market dynamics, growth prospects, competitor landscape, and the entire value chain dynamics to attain reliable industry facts to reach accurate market estimates. Primary research is conducted through thorough interviews and detailed surveys with the Key Industry Experts and related participants across the value chain. Secondary research entails acquiring data through paid and reliable databases such as annual reports, SEC filings, research publications, association publications, investor presentations, white papers and other sources. All the above-obtained information is further processed and collated with our existing database prior to its presentation in our publications.

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”. 

Key Questions answered by the report

  • What are the major developments impacting the global market and its growth?
  • What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
  • What are the evolving types of the global market?
  • What are the evolving applications of global market?
  • What are the major characteristics that will affect the global market growth during the study period?
  • Who are the key players operating in the global market?
  • How are the major players leveraging in the existing market conditions?

Report Audience

  • Military Communication Market providers
  • Military Communication Market solution and services suppliers, distributors, and dealers
  • End-users of varied segments of global market
  • Government bodies and intellectual institutions
  • Associations and industrial organizations
  • Research & consulting service providers
  • Research & development organizations
  • Investment banks & private equity firms

BROWSE THROUGH 60+ MARKET TABLES AND 30+ FIGURES FROM THE MILITARY COMMUNICATION MARKET STUDY

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Rep Id : ICT 020

Published : 2019-12-18