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Military Radio System Market Research
Report By Forecast To 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Military Radio System Market Research Report - Forecast to 2023
Global Military Radio System Market Information by Type (Manpack Radios, Vehicular Radios), By EndUser (Marines and Ground Forces) And Region - Forecast To 2023
The military radio system market is expected to grow significantly, during the forecast period, owing to rapid advancements
in the handheld product segment, and technologies such as the software defined radios (SDR). The gradual increase in the
defense budgets along with the growing military exercises and operations, of several countries, would result in the growth
of the market. During military exercises, there is immense need for confidential, secure, and fast communication flow, which
can be effectively carried out with the use of military radio systems. The market is also expected to grow with the increasing
use of radio systems in surgical strikes, and residential military areas, and others.
Of all the types of military radio systems, the vehicular radio segment is expected to grow significantly, during the forecast
period. The vehicle mounted devices, also known as the mobile two-way radios, help in establishing a safer and reliable
communication link within a local area, city or even a battlefield. The vehicular radio systems ensure effective
communication and data transfer among the troops stationed in and around a battlefield. Such attributes drive the growth
of the segment, during the forecast period.
Amongst all regions, the Asia-Pacific region is expected to grow at the highest CAGR, during the forecast period, owing to
factors such as the increasing deployment of 3G, 4G, and LTE networks and the increase in investments by the governments
of the developing nations such as India, China, Japan, South Korea, and others in the defense sector.
Military radio systems are also used for a wide range of applications such as inter-vehicle communications, dismounted
operations, perimeter security, and maritime communications.
Therefore, the global military radio system market is projected to grow at a CAGR of over 7%, during the forecast period.
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Military Radio System Market Research Report - Forecast to 2023
Segmentation
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Military Radio System Market Research Report - Forecast to 2023
key players
The key players of global military radio system market include BARRETT Communications (Australia), Leonardo S.p.A. (Italy),
Harris Corporation (U.S.), Radmor S.A. (Poland), Thales Communications & Security S.A.S (France), Codan Limited (Australia),
Elbit Systems Ltd. (Israel), FLIR Systems (U.S.), Safran S.A. (France), and Selex ES (Italy).
The report for Global Military Radio System Market of Market Research Future comprises of extensive primary research
along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion
leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current
market scenario which includes historical and projected market size in terms of value and volume, technological
advancement, macro economical and governing factors in the market. The report provides details information and
strategies of the top key players in the industry. The report also gives a broad study of the different market segments and
regions.
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