The need to ensure communication on a battlefield is a crucial factor that is driving the man portable military electronics market. Also, the revision in spending budgets has increased the spending on man portable military electronics considerably. Furthermore, entry of strong market players is expected to further boost the man portable military electronics market in the impending period.
Man portable military electronics are the mobile electronic devices that are used for communication, tracking and surveying purpose on active war zones or border surveillance which mainly constitute compact wireless devices. Market Research Future (MRFR) has published a report stating that the global man portable military electronics market is market to project moderate expansion at a CAGR of 5% during the forecast period of 2016-2021. Increasing territorial conflicts and terrorist activities are inducing high demand for optimized battlefield and border surveillance radar that are portable and compact enough to be carried by an individual, resulting in the expansion of the global man portable military electronics market. high demand for latest technology to enhance the safety and optimize the ground functioning of the troops are also fueling the growth of the global man portable military electronics market during the assessment period.
Leading players profiled in the man portable military electronics market report include Thales Gorup, Safran, Rockwell Collins, Harris Corporation, FLIR Systems Inc, Aselsan, Codan, Exelis Inc, SAAB AB, and Elbit Systems, among others. The market is fragmented as well as highly competitive with the presence of numerous key players who are adopting strategies such as merger and acquisitions, partnerships, product innovations, research and development and more for strengthening their market presence.
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Man portable military electronic systems include the mobile communication products and MAVs that are used for the transmission and reception of video, voice and data signals, and to provide intelligence, surveillance, and reconnaissance (ISR), essential in military operations. The facilitation of man portable electronics has become an effective means for defense authorities to enhance the safety and capabilities of their units. The defense authorities invest heavily on C3ISR systems to enhance national security and extract data from potential enemies. Also, the defense industry is shifting to a new generation of sophisticated electronic systems that enables faster, secure, less costly and more flexible communications.
One such man portable military electronic system is the Micro air vehicle (MAV). They are man portable unmanned aerial systems (UAS) that are equipped with a broad range of systems such as airframe, engine, autopilot, navigation system, sensor package, and communication link. These vehicles are smaller in size, and cost-effective, as compared to the manned aircraft and standard UAVs. They aid in providing modernized, digital communication formats that are more secure and reliable. Also, the MAVs provide on-board sensors such as LASER, SAR, IMU, and GPS that help in rapidly modernizing their communications equipment. Of late, there has been an increased implementation of the miniature unmanned systems for electronic attack (EA), destruction of enemy air defense (DEAD), suppression of enemy air defense (SEAD), communication transfer, combat search and rescue (CSAR) and ISR operations.
Man Portable Military Electronics Market – Segments:
For the convenience of the report and enhanced understanding; the man portable military electronics market is segmented in to four key dynamics:
Segmentation by Product Type: Communications, ISTAR, Command and Control, and Others.
Segmentation by Platform: Airborne, Naval, and Land-based.
Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Based on the region, the man portable military electronics market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), Europe, Americas, and the Middle East and Africa (MEA). Of these, North America will lead the market over the forecast period. This is owing to huge expenditure made in the defense sector, coupled with advancements in technology.
The man portable military electronics market in the Asia Pacific will have a healthy growth over the forecast period. India, Japan, and China are the key contributors here. This is owing to increasing defense spending from these countries, which collectively will have a positive effect on market growth. Besides, military modernization programs undertaken by the government in this region are also contributing to the growth of the market.
The man portable military electronics market in Europe will have a favorable growth over the forecast period. This is owing to growing number of counter-terrorism operations worldwide and good investments in military technologies.
The man portable military electronics market in the Middle East and Africa will have a notable growth over the forecast period. Turkey and the UAE are the key contributors here.
May 2019 Marine Corps Systems Command in the US (MCSC) has chosen components from the PacStar Secure Wireless Command Post (SWCP). PacStar is delivering network infrastructure, military communications, encryption, and reliable computing for the Marine Common Handheld (MCH) program. The PacStar Secure Wireless Command Post will offer safe, encoded access to confidential networks for smart mobile devices at the outskirt of the Marine Corps battleground, and trail Commercial Solutions for Classified (CSfC) encryption conditions to offer Marines with protected wireless access.
January 2019: Engineers at EPFL and Stanford University in Switzerland have come up with a micro air vehicle, called the FlyCroTug. This has the capacity to pull 40 times its weight. Though it appears as a usual quad-copter drone, its base has 32 microspines which can fix to rough surfaces, a winch-and-cable system which offers the aforementioned pulling activity, and a dry adhesive which replicates the footpads of a gecko for smooth surfaces.
July 2018: Indra Sistemas, a Spanish information technology and defense systems company has announced the development of a new one-man portable electronic warfare (EW) system which is capable of tracking adversary’s radar signals and detecting its defense systems.
August 2018: Mnemonics Inc., Melbourne, has announced that its initiative of building wireless man portable remote-control explosives for the U.S. Army and Marine Corps under a military contract.
Table of Content:
1.1 REPORT DESCRIPTION
1.2 RESEARCH OBJECTIVE
2. EXECUTIVE SUMMARY
2.1 KEY FINDINGS / HIGHLIGHTS
2.1.1 INVESTMENT OPPORTUNITIES
2.1.2 MARKET STARTEGIES
2.1.3 LATEST DEVELOPMENTS
3. SCOPE OF THE STUDY
3.1 MARKETS COVERED
3.2 YEARS CONSIDERED FOR THE STUDY (2016-2021)
3.2 GEOGRAPHIC SCOPE
3.3 KEY STAKEHOLDERS
4. ASSUMPTIONS AND LIMITATIONS
5. RESEARCH METHODOLOGY
Continued. . .
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