Military Communication Systems Market Size, Share, and Analysis, By Component (Hardware {Antenna, Receiver, Transmitter, Transceiver, Others}, Software), By Platform (Ground, Airborne, Space, Naval), By Application (Intelligence Surveillance and Reconnaissance (ISR), Command and Control, Routine Operations, Situational Awareness, and Others), By Frequency Band (L-Band, Ka-Band, S-Band, UHF/VHF, Others), By System (Military SATCOM systems, Military security system, Military radio systems, Communication management systems), By End User (Commercial Services, Army, Navy, Air force, Defense Intelligence) and Regional Forecasts, 2022-2032
Military Communication Systems Market Size, Share, and Analysis, By Component (Hardware {Antenna, Receiver, Transmitter, Transceiver, Others}, Software), By Platform (Ground, Airborne, Space, Naval), By Application (Intelligence Surveillance and Reconnaissance (ISR), Command and Control, Routine Operations, Situational Awareness, and Others), By Frequency Band (L-Band, Ka-Band, S-Band, UHF/VHF, Others), By System (Military SATCOM systems, Military security system, Military radio systems, Communication management systems), By End User (Commercial Services, Army, Navy, Air force, Defense Intelligence) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Military Communication Systems Market size was USD 33.22 billion in 2021 and projected to grow from USD 37 billion in 2023 to USD 60.6 billion by 2032, exhibiting a CAGR of 5.6% during the forecast period.
Military communication is a way of the communicating the information from reconnaissance and several other areas in contact with the rivals and the way of exercising command by conveying the commander’s instructions to the subordinates. This involves several methods of communicating data between the outlying facilities, fields and command center. Military Communication Systems market is affected by various factors like unstable geopolitical environment, growing use of UAVs etc.
MARKET HIGHLIGHTS
Military Communication Systems Market is expected to reach USD 60.6 billion, growing at a CAGR of 5.6% during forecast period owing to the advancements in technology in communication field and modernization in military communication terms. There has been an increased adoption of military communication shelters. Satellite Communications were used effectively in the military areas by communicating through devices like cell phone, and satellite-based equipment to the tactical communications system.
Military Communication Systems Market Segments:
- Component
- Hardware {Antenna, Receiver, Transmitter, Transceiver, Others}
- Software
- Platform
- Ground
- Airborne
- Space
- Naval
- Application
- Intelligence, Surveillance, and Reconnaissance (ISR)
- Command and Control
- Routine Operations
- Situational Awareness
- Others
- Frequency Band
- L-Band
- Ka-Band
- S-Band
- UHF/VHF
- Others
- System
- Military SATCOM systems
- Military security system
- Military radio systems
- Communication management systems
- End User
- Commercial Services
- Army
- Navy
- Air force
- Defense Intelligence
MARKET DYNAMICS
Growth Drivers
Acceptance of Advanced Communication Systems are Expected to Boost the Growth of the Market
Increasing Demand for Military Security Systems is Expected to Boost the Growth of the Market
Restraint
High Developmental Cost May Restrain the Growth of the Market
Key Players
- General Dynamics Corporation
- Lockheed Martin Corporation
- Iridium Communications Inc.
- Raytheon Technologies Inc.
- Viasat Inc.
- BAE Systems PLC
- Rohde & Schwarz
- L3Harris Technologies, Inc.
- Thales Group
- Northrop Grumman Corporation
- Cobham PLC
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
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