Global Man Portable Military Electronics Market - Segmented by Product (Communication, ISTAR, Command and Control, Others), Geography - Market Forecasts and Analysis (2018-2023)
The Global Man Portable Military Electronics Market is expected to grow at a CAGR of 4.74% to reach $ X.XX billion by the year 2020. The Man Portable Electronics include the Micro Air Vehicles and other mobile communication products which are primarily used for the reception of voice, video and data signals. The advancement in technology in the man portable electronics has allowed global militaries, to equip their soldiers with latest systems which has greatly enhanced their safety and effectiveness on ground. These systems provide vital Intelligence, Surveillance and Reconnaissance functions which are essential for the military to combat operations.
Communications is the largest sub segment in the Global Man Portable Military Electronics Market and accounts for more than 40% share of the entire market. The increased use of man pack radios amongst the dismounted soldiers is supporting the growth in the segment. The United States Special Forces Command which is based at Macdill Air Force Base is finalizing plans to acquire the next generation man pack radios in a deal which will cost close to $300 million.
Asia Pacific will record the fastest growth rate in the forecast period. The growth will be led by the extensive soldier modernization programs in countries like China, India and Indonesia. North America will see moderate rate of growth, due to the steady budget cuts expected in United States in the coming years. Mexico will lead the growth in the market from the region on account of expanding global footprint.
Harris Corporation, Rockwell Collins, and Thales Group are some of the important players in the Global Man Portable Military Electronics Market. The market has been segmented by Product (Communication, ISTAR, Command and Control, Others), and by Geography (North America, South America, Europe, Middle East & Africa and Asia Pacific).
What the report offers
Market analysis of Global Man Portable Military Electronics Market with specific assessments and competition analysis on global and regional scales Market definition along with the identification of key drivers, opportunities and restraints Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies Global Man Portable Military Electronics Market, forecasts from 2015-2020 Global Man Portable Military Electronics Market segmentation by Product, forecasts from 2015-2020 Global Man Portable Military Electronics Market segmentation by Geography, forecasts from 2015-2020 Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale Extensively researched competitive landscape section with profiles of major companies along with their market shares Identification and analysis of the macro and micro factors that affect the Global Man Portable Military Electronics Market on both global and regional scales A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market Insights on the major countries in which this industry is blooming and to also identify the regions that are still untapped Target audience who can refer this report:
Man Portable Military Electronics OEMS Service suppliers Raw material and component suppliers Anyone within the value chain system CEO’s, COO’s, Strategic Growth and Business Development Managers Potential Investors (Venture Capitalists) Research Institutes and Organizations Market Research and Consulting firms