According
to a new market report published by Transparency Market Research
"Man-Portable Military Electronics Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,"
the global man-portable military electronics market was valued at USD
15.10 billion in 2013, growing at a CAGR of 3.84% from 2014 to 2019
to account for USD 19.67 billion in 2019.
Browse
the full Man-Portable Military Electronics Market report at
http://www.transparencymarketresearch.com/man-portable-military-electronics-market.html
The
major factor driving the growth of this market is the soldier
modernization programs undertaken by military forces worldwide.
Countries such as the U.S., France, India, and Australia have taken
military modernization initiatives on a massive scale. These long
term programs will ensure the continued demand for man-portable
military electronics during the forecast period. Growing demand for
miniature unmanned aerial vehicles (M-UAVs) is expected to stimulate
the category growth and as well as the growth of the overall market.
The growth of this market is further fuelled by the increasing need
for advanced man-portable equipments with reduced size, weight, and
power consumption (SWAP).
On
the basis of product type, the man-portable military electronics
market can be categorized into six segments including communications,
command and control, ISTAR (intelligence, surveillance, target
acquisition and reconnaissance), imaging, force protection, and
ancillary electronics. Communication segment was the largest segment
and accounted for 45.5% of the global market in 2012, due to
worldwide increase in demand for manpack radios and transceivers. The
communication equipment market is expected to grow at a CAGR of 4.1%.
In
2013, the North America market was the leading revenue generator for
man-portable military electronics market. The dominance of North
America is due to technological advancement and huge expenditure in
defense sector. Replacement of ageing communication equipment with
modern high-end devices is also driving the growth of man portable
communication devices in the region.
The
report provides company market share analysis of the various industry
participants. Key players have also been profiled on the basis of
company overview, financial overview, business strategies, SWOT
analysis and recent developments in the field of passive optical
network equipment. Major market participants profiled in this report
include AeroVironment, Aselsan Inc, Codan Ltd, Elbit Systems Ltd, ITT
Exelis Inc, Finmeccanica S.p.A, FLIR Systems, General Dynamics,
Harris Corporation, L-3 Communications Holdings, Inc, Rockwell
Collins, Inc, Saab AB, Safran Group, Sierra Nevada Corporation, and
Thales Group among others.
Man-Portable
Military Electronics Market
By
product types
Communication
Command
and control
Imaging
ISTAR
Force
protection
Ancillary
electronics
Browse
the full Man-Portable Military Electronics Market report
at
http://www.transparencymarketresearch.com/man-portable-military-electronics-market.html
By
geography
North
America
U.S.
Europe
U.K
Russia
France
Italy
Germany
Asia
Pacific
China
India
Australia
Japan
South
Korea
Rest
of the World (RoW)
UAE
Israel
Brazil
South
Africa
Turkey
Browse
Defense and Aeronautics Market Research Reports
@
http://www.transparencymarketresearch.com/defense-and-aeronautics-market-reports-21.html
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
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and analyze information
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research techniques in developing distinctive data sets and research
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