The global market for Man-Portable Communication Systems was estimated at US$40.7 Billion in 2023, and is projected to reach US$51.2 Billion by 2030, growing at a CAGR of 3.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the man-portable communication systems market is driven by several factors, including technological advancements, increasing military expenditure, and evolving operational requirements. Advances in digital communication technology have led to the development of more robust, secure, and versatile communication systems, enhancing their performance and reliability in the field. The rise in defense budgets globally, particularly in response to growing geopolitical tensions and the need for modernization of military forces, has led to increased investment in advanced communication equipment. Furthermore, the shift towards network-centric warfare and the emphasis on real-time data exchange and situational awareness have increased the demand for sophisticated man-portable communication systems. The need for enhanced interoperability among allied forces during joint operations and the growing focus on asymmetric warfare and counterterrorism operations also contribute to the market`s expansion. These factors collectively ensure a strong and sustained demand for man-portable communication systems, supporting the communication needs of modern military and defense operations.
The growth in the man-portable communication systems market is driven by several factors, including technological advancements, increasing military expenditure, and evolving operational requirements. Advances in digital communication technology have led to the development of more robust, secure, and versatile communication systems, enhancing their performance and reliability in the field. The rise in defense budgets globally, particularly in response to growing geopolitical tensions and the need for modernization of military forces, has led to increased investment in advanced communication equipment. Furthermore, the shift towards network-centric warfare and the emphasis on real-time data exchange and situational awareness have increased the demand for sophisticated man-portable communication systems. The need for enhanced interoperability among allied forces during joint operations and the growing focus on asymmetric warfare and counterterrorism operations also contribute to the market`s expansion. These factors collectively ensure a strong and sustained demand for man-portable communication systems, supporting the communication needs of modern military and defense operations.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Land-based Platforms segment, which is expected to reach US$24.5 Billion by 2030 with a CAGR of a 3.8%. The Naval-based Platforms segment is also set to grow at 3.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $11.1 Billion in 2023, and China, forecasted to grow at an impressive 6.4% CAGR to reach $10.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Man-Portable Communication Systems Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Man-Portable Communication Systems Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Man-Portable Communication Systems Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Alaris Holdings, BAE Systems Plc, Bharat Electronics Limited (BEL), and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 86 Featured):
- Alaris Holdings
- BAE Systems Plc
- Bharat Electronics Limited (BEL)
- Collins Aerospace (A Business of RTX)
- Gilat Satellite Networks Ltd.
- L3Harris Technologies, Inc.
- Over-Sat
- Reutech Communications
- Rohde & Schwarz GmbH & Co KG
- Satcom Pty Ltd
- Space & Defence Technologies Inc. (SDT)
- Tait Communications
- Thales Defense & Security, Inc.
- Ultralife Corporation
- Will-Burt Company
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Alaris Holdings
- BAE Systems Plc
- Bharat Electronics Limited (BEL)
- Collins Aerospace (A Business of RTX)
- Gilat Satellite Networks Ltd.
- L3Harris Technologies, Inc.
- Over-Sat
- Reutech Communications
- Rohde & Schwarz GmbH & Co KG
- Satcom Pty Ltd
- Space & Defence Technologies Inc. (SDT)
- Tait Communications
- Thales Defense & Security, Inc.
- Ultralife Corporation
- Will-Burt Company
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 276 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 40.7 Billion |
| Forecasted Market Value ( USD | $ 51.2 Billion |
| Compound Annual Growth Rate | 3.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
