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 2022. 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.
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.
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.
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).
North America is dominating the market due to technological advancement and huge expenditure in defense segment. North America is followed closely by the Europe, owing to its substantial investments in military technologies and increased number of global counter-terrorism operations.
Asia Pacific region is also a promising market and has shown a rapid growth, owing to the number of military modernization programs taken by various governments in the region. In rest of the world, the growth of man-portable military electronics market is largely driven by countries such as Brazil, UAE and Turkey.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Mobile Communication Products
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Man Portable Military Electronics for each application, including
Surveillance and Reconnaissance Operations
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