Global Man Portable Military Electronics Market 2015-2019
About man portable military electronics
Man portable military electronic systems include mobile communication products and MAVs that are used for the transmission and reception of video, voice, and data signals. These systems are also used to provide intelligence, surveillance, and reconnaissance (ISR) essential for military operations. The facilitation of man portable electronics has become an effective means for defense authorities to enhance the safety and capabilities of their units. The defense authorities invest heavily in C3ISR systems to improve national security and extract data from potential enemies. Also, the defense industry is shifting to a new generation of sophisticated electronic systems, which enables fast, secure, cost-effective, and flexible communications.
Technavio's analysts forecast the global man portable military electronics market to grow at a CAGR of 4.51% over the period 2014-2019.
Covered in this report
The report provides a comprehensive overview of the market shares, market segmentation by application, and growth prospects by region (the Americas, APAC, and EMEA). It also presents the market landscape and a corresponding analysis of the five major vendors in the market. In addition, the report discusses the primary drivers influencing the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
Technavio's report, Global Man Portable Military Electronics Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
Technavio Announces the Publication of its Research Report – Global Man Portable Military Electronics Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Man Portable Military Electronics Market: Aselsan, Codan, Elbit Systems, Exelis and SAAB
Other Prominent Vendors in the market are: FLIR Systems, Harris Corporation, Rockwell Collins, Safran and Thales Group
Commenting on the report, an analyst from Technavio’s team said: “New developments in antenna and satellite technology, along with high-capacity global networks, have brought military forces to the forefront of technology and capability. The introduction of inflatable SATCOM antennas, designed for ground military use in remote areas and adverse weather conditions, is one such critical development. They are deployed in locations where it is challenging to move and install standard rigid satellite antennas.”
According to the report, MAVs are man-portable unmanned aerial systems (UAS) that are equipped with a broad range of features such as airframe, engine, autopilot, navigation system, sensor package, and communication link. These vehicles are smaller in size and more cost-effective than manned aircraft and standard UAVs. They provide modernized, digital communication formats that are more secure and reliable. These MAVs also provide on-board sensors such as laser, synthetic aperture radar (SAR), IMU, and GPS.
Further, the report states that military downsizing is a defensive strategy being employed by the US and Europe that limits the development, maintenance, upgradation, and procurement of man-portable military electronic technologies, which is a major concern for this market.
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