Military Communication Market is Projected to Grow at a CAGR of 11.3% During the Forecast Period (2016-2024)

Posted on 2018-09-04 by Goldstein Research in Defense // 0 Comments

New York, USA, 2018-Sep-04 — /EPR Network/ —According to Goldstein Research, rising need to acquire the ability to understand the modern battlefield situations and awareness & management of conflicts at formative stages are driving the need for critical and advanced satellites for military operations. Moreover, important vendors are concentrating on improving the services for military communication. In 2017, Lockheed Martin UK and Elbit Systems joined together under the Maritime Electronic Warfare Programme (MEWP) for the advancement of the Royal Navy’s electronic warfare potential and communication system. Global military communication market outlook also includes product development programmes, industrial advancements and investment strategies adopted by major market players in order to expand their business across the globe.

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Market Segmentation

Based on our detailed analysis, global military communication market is segmented as follows:

Based on Communication Type

Air-Based Communication
Ship-Based Communication
Air-Ground Based Communication
Underwater Based Communication
Ground-Based Communication

Based on Systems

Military SATCOM Systems
Military Radar Systems
Military Radio Systems
Military Intercom Network Systems
Military Communication Management Systems

Based on Application

Command and Control
Situational Awareness
Routine Operations
Others Applications (Disaster Recovery Operations and Remote location Operations)

Based on Geography

North America (U.S. & Canada) Military Communication Market {Market Share (%), Market Size(USD Billion)}
Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Military Communication Market {Market Share (%), Market Size(USD Billion)}
Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) Military Communication Market {Market Share (%), Market Size(USD Billion)}
Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Military Communication Market {Market Share (%), Market Size(USD Billion)}
Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Military Communication Market {Market Share (%), Market Size(USD Billion)}

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“Global Military Communication Market Outlook 2024” contains detailed overview of the global military communication market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by communication type, by systems and by application.

Further, for the in-depth analysis, Global Military Communication Market Analysis Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Lockheed Martin Corporation, BAE Systems plc, Northrop Grumman Corporation, L-3 Communications Holdings Inc., Airbus group, Rockwell Collins, Raytheon Company, Thales Group, Alcatel-Lucent S.A. and General Dynamics Corporation.

The company profiles comprise business strategy, region a revenue distribution, major statistics of the companies which include business outlook, products, services and financial analysis of the company and recent developments.

Overall, the report represents the global military communication market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Key questions answered in this global military communication market report

What is the global military communication market size by 2024 and what would be the expected growth rate of sales?
What is the total revenue per segment and region in 2015-16 and what would be the projected revenue per segment and region over the predicted period?
What are the military communication market trends?
What are the dynamics which are motivating this market growth?
What are the major barriers to military communication market growth?
Who are the important vendors in this industry?
What are the market opportunities for the existing and entry level players?

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