The man-portable communication systems market is expected to grow significantly during the forecast period. Man-portable communication system offers improved flexibility to the military by decreasing the overall weight of the system and providing high mobility to soldiers on the battlefield. Moreover, the technological advancements in the man portable communication systems market, such as integration across varied platforms, allowing users to access real-time data, are expected to positively influence the man-portable communication systems market growth during the forecast period. Also, defense companies are significantly improving productivity with compliance with stringent government regulations across the industry which will further trigger the demand for the man portable communication systems in the market.
Data Bridge Market Research shows that the Man Portable Communication Systems Market accounted for USD 44.32 billion in 2021 and is expected to reach USD 70.11 billion by 2029. The market is expected to grow with a CAGR of 5.90% from 2022 to 2029.
“Increasing for advanced communications is expected to drive the market growth”
The soldier-level information required by the control and command system (C2) is expected to drive the growth of the man-portable communication systems market. The control and command system (C2) technology is based on the service-oriented architecture built on common data standards. It integrates information, allowing commanders and staff to exchange tactical information among the forces seamlessly. Therefore, increasing demand for advanced communications man-portable communication systems with reduced weight, power consumption, and size in the defense application is expected to fuel the growth of the man-portable communication systems market during the forecast period.
What restraints the growth of man portable communication systems market?
“Various issues associated with man portable communication systems”
The increasing issues related to defense budget cuts and power are anticipated to obstruct man-portable communication systems market growth. Furthermore, issues with size, energy consumption, weight, and enhancement of battlefield wireless security are expected to challenge the growth of the man portable communication systems market during the forecast period of 2022-2029.
Segmentation: Global Man Portable Communication Systems Market
The man portable communication systems market is segmented based on platform type and application.
- On the basis of platform type, the man portable communication systems market has been segmented into land-based, naval, and airborne
- On the basis of application, the man portable communication systems market has been segmented into software defined radios (SDR), satellite communications (SATCOM), encryption, smartphones, homeland security, and commercial.
Regional Insights: North America is expected to dominate the man portable communication systems market
North America is expected to dominate the market and is expected to grow significantly because of growing expenditure on the defense sector in the U.S. region. Moreover, the growing availability of technologically advanced infrastructure will further boost the growth of the man portable communication systems market in this region.
- In addition, the Asia-Pacific region is likely to register the highest growth rate during the forecast period of 2022 to 2029 because of increased expenditure for the growth and expansion of the portable communication industry in this region. Furthermore, the strong prevalence of deployment and greater connection across defense and military segments will further boost the market growth in this region.
To know more about the study, visit https://www.databridgemarketresearch.com/ko/reports/global-man-portable-communication-systems-market
The Prominent Key Players Operating in the Man Portable Communication Systems Market Include:
- Northrop Grumman. (U.S.)
- Lockheed Martin Corporation. (U.S.)
- Raytheon Technologies Corporation (U.S.)
- BAE Systems. (U.K.)
- General Dynamics Corporation (U.S.)
- L3Harris Technologies, Inc. (U.S.)
- Thales (France)
- Rheinmetall AG (Germany)
- Saab (Sweden)
- Leonardo S.p.A. (Italy)
- ASELSAN A.S. (Turkey)
- Elbit Systems Ltd. (Israel)
- ViaSat, Inc. (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of man portable communication systems market companies, contact: https://www.databridgemarketresearch.com/ko/contact
Research Methodology: Global Man Portable Communication Systems Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
