The
military communications market is projected to grow from USD 31.50 billion in
2018 to USD 37.67 billion by 2023, at a CAGR of 3.6% from 2018 to 2023.
Increasing procurement of military communication solutions due to growing
disputes among countries across the world, growing concerns related to security
of military communications, and the need to modernize and replace aging
communication equipment are the major factors driving the global market.
The military communications
market has been segmented on the basis of communication type, component,
application, end user, and region. Based on communication type, the market has
been segmented into airborne communications, air-ground communications,
underwater communications, ground-based communications, and shipborne
communications. Based on component, the market has been segmented into military
SATCOM systems, military radio systems, military security systems, and
communication management systems. Based on application, the market has been
segmented into command and control, routine operations, situational awareness,
and others (emergency response, reconnaissance, emergency medical services).
Based on end user, the market has been segmented into land forces, naval
forces, and air forces. The military communications market has been studied for
North America (US, Canada), Europe (UK, Russia, Germany, Rest of Europe), Asia
Pacific (China, Japan, India, Rest of Asia Pacific), the Middle East &
Africa (Saudi Arabia, Israel, Rest of Middle East & Africa), and Latin America
(Brazil, Rest of Latin America).
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Based
on component, the military SATCOM systems segment is estimated to lead the
military communications market in 2018. Military satellite communications
systems are becoming increasingly important for conducting military operations
around the globe. Thus, the defense sector is looking for a combination of
diverse satellite communications services to support wartime operations. This
combination includes the use of military frequency bands as well as commercial
communications satellites. Military satellite communication solutions providers
are enhancing satellite communications capabilities such as global broadcast
service, personal communications service, and bandwidth on demand to meet the
future military operations requirements.
Based
on application, the situational awareness segment of the military
communications market is projected to grow at the highest CAGR during the
forecast period. Situational awareness is an important aspect of military
communications, specifically when armed forces require real-time data.
Situational awareness solutions help armed forces make effective use of
critical information on a battlefield. Reliable and hack-resistant voice and
data communication solutions play a vital role in anticipating dangers. The
continuously increasing need for real-time data among the armed forces to make
timely decisions is an important factor driving the growth of the situational
awareness application segment.
North America is estimated to
lead the military communications market in 2018. The growth of the military
communications market can be attributed to the extensive adoption of military
communication solutions in the region, particularly in the US, as the country
has been the largest spender in 2017 and an early adopter of advanced military
communications systems for naval, land, and air forces. The presence of key
companies, such as General Dynamics, Harris Corporation, Iridium, L3
Technologies, Lockheed Martin, Northrop Grumman, Raytheon, Rockwell Collins, Viasat,
and Kratos Defense & Security Solutions in the region is one of the key
factors for the growth of the military communications market.
Some
of the major military communication solutions vendors include Aselsan (Turkey),
BAE Systems (UK), Cobham (UK), Elbit Systems (Israel), General Dynamics (US),
Harris Corporation (US), Inmarsat (UK), Iridium Communications (US), Israel
Aerospace Industries (Israel), Kongsberg (Norway), L3 Technologies (US),
Leonardo (Italy), Lockheed Martin (US), Northrop Grumman (US), Raytheon (US),
Rheinmetall (Germany), Rockwell Collins (US), Rolta India (India), Saab
(Sweden), Systematic (Denmark), Thales (France), Viasat (US), EID (Portugal),
Kratos Defense & Security Solutions (US), and Rohde & Schwarz
(Germany).
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