Global Man-Portable Military Electronics Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2027
The global man-portable military electronics market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors propelling the growth of the global man-portable military electronics market include rising terrorist threats and growing military budget by countries globally which enabled militaries to acquire more man-portable military electronic equipment to improve their land-based fighting capabilities.
Man-portable electronics are
intended to be carried by soldiers as an integral component of their assigned
duty. Mobile communication items used for transmitting and receiving video,
voice, and data signals are included in the global man-portable military
electronics market. These technologies also provide crucial intelligence,
surveillance, and reconnaissance (ISR) for military operations. Defense
officials have found that using man-portable technology to improve the safety
and capabilities of their troops has proven to be a successful strategy.
Satellite-based communication is used in the global man-portable military
electronics market, and it operates on many frequency bands such as Ku-band,
Ka-band, X-band, and others.
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The major players contributing to the growth of the global man-portable
military electronics market by adopting various strategies such as product
launches & developments, mergers and acquisitions, partnerships, and
agreements, include L3Harris Technologies Inc., Collins Aerospace (United
Technologies Corporation), General Dynamics Corporation, Cobham PLC, Thales
Group, among others., among others. For instance, in July 2021, the Defense
Research and Development Organisation (DRDO) of India performed the tests of
Man-Portable Antitank Guided Missile (MPATGM) and the New Generation Akash
Missile (Akash-NG). MPATGM is a low weight man-portable anti-tank missile
launched by the troop-portable launcher which is equipped with a thermal sensor
and is made in India.
Market Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
Segment Covered-
·
By Type
·
By Equipment
·
Competitive Landscape-
L3Harris Technologies Inc., Collins Aerospace (United Technologies
Corporation), General Dynamics Corporation, Cobham PLC, Thales Group, among
others., among others.
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Global Man-Portable Military Electronics Market by Segments
By Type
• Communication
• Command & Control
• Ancillary Electronics
• EO/IR
(Electro-Optical/Infrared)
• ISTAR (Intelligence,
Surveillance, Target Acquisition, and Reconnaissance)
• Force Protection
By Equipment
• Radar
• Imaging System
• Others
Global Man-Portable Military Electronics Market by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
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