The Global Military Communications Market
Date: 12/21/2015 The Global Military Communications Market Is Estimated to Grow from USD 23.02 Billion in 2015 To USD 40.82 Billion by 2020, At A CAGR of 12.1% From 2015 To 2020 Military Communications Market by Airborne, Air-Ground and Underwater Communication, By Military SATCOM Radio System, And Security System Component, And by Command & Control, Situational Awareness Application Military communication is all about transferring information across people and geography. A secure and robust communication system in the military sector is a prerequisite to provide timely connectivity, exercise authority, and direct forces across geographies. Hence, the military communications system must integrate emerging technologies such as Ka-band, Advanced Extra High Frequency (AEHF) band satellite communication, IP-based networking, Commercial off-the-shelf (COTS)-based products, and others. Adopting these technologies would facilitate the delivery of the right information to the right location and at the right time in an actionable format. Technologies such as Mobile User Objective System (MUOS) will soon provide secure mobile network communication, globally. The future perspective of growth in military communications is expected to be positive, considering the rise in demand for new technologies and updated communication techniques. The global military communications market is estimated to grow from USD 23.02 Billion in 2015 to USD 40.82 Billion by 2020, at a CAGR of 12.1% from 2015 to 2020. There is always a prerequisite for confidential, secure, and fast communication flow to meet the needs of communication and technological advancements, which are growing at a fast rate. This research report provides an overview, market study, and segmentation based on various communication types, components, applications and regions for the military communications market. Furthermore, the report gives detailed analysis on global trends and forecasts, competitive landscape, and analysis on mergers and acquisitions (M&A) and new product developments related to the military communications market. The military communications market report analyzes the key opportunities in the emergency management space, by providing critical market data in terms of revenue opportunity, venture capital funding, and highlights on emerging solution providers to watch out for. The military communications market has been segmented on the basis of component, communication type, application, and region. On the basis component, the market is segmented into military SATCOM terminal, military radio systems, military security systems, and communication management system. In terms of communication type, the market is segmented into airborne communication, air-ground communication, underwater communication, ground based communication, and shipborne communication. On the basis of application, the market covers command and control, routine operations, situational awareness, and others. The major players considered in this report are Lockheed Martin Corporation, BAE Systems, Northrop Grumman Corporation, Raytheon, Thales, Alcatel, General Dynamics, Harries corporation, L-3 Communications Holdings Inc., and Rockwell Collins. These players have adopted growth strategies such as new product launches, agreements, and mergers & acquisitions to expand their client bases and tap new markets. The new product launch accounted for a share of 23% of the total strategic developments in the military communications market. This research report categorizes the global military communication market to forecast the revenues and analyze the trends in each of the following submarkets: On the basis of types of Communication Types: On The Basis of Components: On The Basis of Applications: