|[June 18, 2014]
Research and Markets: Global Man-Portable Military Electronics (Comms, Command & Control, ISTAR, Imaging, Force Protection & Ancillary) Market 2013-2019
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/sqvs2g/manportable)
has announced the addition of the "Man-Portable
Military Electronics Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2013 - 2019" report to their
The global man-portable military electronics market is expected to grow
at a CAGR of 3.8% during the forecast period from 2013 to 2019 to reach
a market size of USD 19,674.5 million by 2019.
The market was valued at USD 15,100.0 million in 2012. The man-portable
military electronics includes all the portable equipments which
facilitates and enhances the functional capabilities of military
personals in the battlefield. These electronic equipments act as a force
multiplier by providing advanced situational awareness and direct link
communications to dismounted soldiers. The man-portable military
electronics are crucial in achieving speed, agility and responsiveness
by combat soldiers in battlefield.
Man-Portable Military electronics are classified on the basis of its
products types into communications, imaging, force Protection, command
and control, ISTAR (Intelligence, Surveillance, Target (News - Alert) Acquisition,
Reconnaissance), and ancillary electronics. In 2012, Communication
segment was holding the largest share in the global market.Asia Pacific
regions such as India and South Korea have planned to get digitalized
and are looking to replace their legacy systems with modern
communication systems, thus fueling the market growth.
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
North America is dominating the market due to technological advancement
and huge expenditure in defense segment. North America is followed
closely by the Europe, owing to its substantial investments in military
technologies and increased number of global counter-terrorism
operations. Asia Pacific region is also a promising market and has shown
a rapid growth, owing to the number of military modernization programs
taken by various governments in the region. In rest of the world, the
growth of man-portable military electronics market is largely driven by
countries such as Brazil, UAE and Turkey.
Man-portable military electronics market: By product type
Command and control
ISTAR (intelligence, surveillance, target acquisition and
Key Topics Covered:
Chapter 1 Global Man-Portable Military Electronics Market
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global man-portable military electronics market by their
product types, 2013 - 2019
Chapter 5 Global Man-Portable Military Electronics Market by Geography,
2013 - 2019
Chapter 6 Company Profiles
Codan (News - Alert) Limited
Elbit Systems Ltd.
FLIR Systems, Inc.
General Dynamics Corporation
L-3 Communications (News - Alert) Holdings, Inc.
Rockwell Collins, Inc.
Sierra Nevada Corporation
Thales (News - Alert) Group
For more information visit http://www.researchandmarkets.com/research/sqvs2g/manportable.
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