Global Military Communications Market Growth 2023-2029
Military Communication is the information transmission by means of communication tools or other methods for military command. It is the basic means to guarantee the command of the army. Communication system is an important component of military command system. The basic requirements for military communication are: fast, accurate, confidential and uninterrupted. High tech weapons are widely used in modern war. The space of operation is broad, the troops are highly mobile, the combat styles are changed frequently, the fighters are fleeting, the amount of military information is large, and the electronic struggle is fierce, which increases the dependence of military command on military communication and the arduous task of completing military communication.
LPI (LP Information)' newest research report, the “Military Communications Industry Forecast” looks at past sales and reviews total world Military Communications sales in 2022, providing a comprehensive analysis by region and market sector of projected Military Communications sales for 2023 through 2029. With Military Communications sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Military Communications industry.
This Insight Report provides a comprehensive analysis of the global Military Communications landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Military Communications portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Military Communications market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Military Communications and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Military Communications.
The global Military Communications market size is projected to grow from US$ 11600 million in 2022 to US$ 19870 million in 2029; it is expected to grow at a CAGR of 19870 from 2023 to 2029.
In terms of product types, Military Communications can be generally divided into Communication Equipment and Communication System. In 2019, Communication Equipment accounts for the largest proportion of the total market, about 68%.
From the perspective of product application, Military Communication is mainly used in Navy, Army and Air Force. In 2019, the largest proportion of applications in the field of Army is about 42%.
This report presents a comprehensive overview, market shares, and growth opportunities of Military Communications market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Communication Equipment
Communication System
Segmentation by application
Army
Navy
Air Force
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Raytheon
BAE Systems
Thales Group
L3Harris
R&S
Rockwell Collins
Shaanxi Fenghuo Electronics Co.,Ltd.
Guangzhou Haige Communications Group
CETC
Ysinghua Tongfang
Tianjin 712 Communication & Broadcasting Co.,Ltd
Nanjing Panda Electronics Company Limited
Tongyu Communication Inc.
Wuhan Zhongyuan Electronic Group Co., Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Military Communications market?
What factors are driving Military Communications market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Military Communications market opportunities vary by end market size?
How does Military Communications break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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