Markets and Markets : Man-Portable Communication Systems Market by Platforms expected to register a CAGR of 5.56% to reach $39.52 Billion by 2019
(M2 PressWIRE Via Acquire Media NewsEdge) The man-portable communication systems market is estimated to be $30.15 billion in 2014 and is expected to register a CAGR of 5.56% to reach $39.52 billion in 2019.
The key growth regions will be the Middle East and Asia-Pacific. Russia, India, Brazil, and South Africa will demonstrate consistent levels of growth.
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Man-portable communication systems provide improved flexibility to the military by reducing the overall weight of the system and thereby giving high mobility to soldier in the battlefield.The major markets for software defined radios (SDRs) will be the U.S., India and Brazil. India and China will be leaders in production of low cost commercial SDRs.Key players profiled in the report are Harris Corporation, Rockwell Collins General Dynamics Corporation, Ultra Electronics Holdings, L-3 Communications Holdings Inc., Codan Limited, Aselsan, and ViaSat.
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Encryption of classified information is critical to safeguard both military operations success and personnel safety. Using commercial off-the-shelf technologies, standard encryption algorithms, and digital signatures will enable the timely distribution of classified information. Encryption devices will be the pillar of this market, ensuring safety in communication across all platforms (land, naval, and airborne).
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There will be an increasing demand in software defined radios, smartphones, GPS systems, along with other tactical communication devices and VSATs in the mature and emerging markets. Software solutions in software defined radios will be a key area for growth in this market. The major driving factor for this market will be Mobile ad-hoc networks (MANETs).
The report provides a market analysis of the man-portable communications market over the next five years. It contains the analysis of drivers, challenges, and restraints that impact the industry. It also discusses the industry, market, and technology trends that currently prevail in this market. The report provides vital information on key trends related to the hardware, software, and applications that shape and the influence market. It also analyses the market with special focus on the fast growing application market segments. It also highlights the impact analysis of market dynamics with factors that currently drive and restrain the growth of the market, along with their impact in the short, medium, and long term landscapes.
The major players in this market are Harris Corporation, Rockwell Collins, BAE Systems, Saab AB, Aselsan, and Codan Limited.
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