According to a new market research report “Man-Portable Communication Systems Market by Platforms (Land, Airborne, Naval), by Application (Software Defined Radios, SATCOM, Encryption, Smartphone’s, Homeland Security, Commercial), & by Geography [North America, Asia-Pacific, Europe, the Middle East & ROW) - Forecast & Analysis (2014-2019)”, published by MarketsandMarkets, the 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 by 2019
Browse 81 market data tables and 61 figures spread through 205 pages and in-depth TOC on “Portable Communication Systems Market - Forecast & Analysis (2014-2019)”.
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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.
The recent economic scenario has observed defense budget cuts and turbulence in these markets. Emerging economies such as Brazil, China, and India look more attractive. Key markets such as Russia, China, India, South Africa, and Australia can drive the growth of the market. China remains a tough market to crack with strict government regulations in the defense sector, indigenous programs, and copyright issues with respect to military software solutions, hardware, and technology.
It also provides details on their financial positions, key products, their unique selling points, and key developments. This research report also segments the market on the basis of application, region, country, forecasting revenues, market share, and analyzing trends in each of the sub-sectors.
The market will unlock the growth potential in software defined radios, smartphones, and VSATs. Progressive technologies and Blue Ocean strategies will be implemented during the forecast period and there will be an increasing demand for more integrated systems across all platforms, especially land-based systems. Software defined radios will continue to progress and add value to portable communication capabilities.
Wireless technologies in man-portable will proliferate rapidly during the forecast period. The technological boom in this market will create an increasing demand for the radio spectrum.
Cognitive radios will be the new innovative technology in this market and their integration with other communication systems in realistic conditions will be a challenge for the defense forces.
The key players in this region will be Harris Corporation, Rockwell Collins, Saab AB, and BAE Systems. ViaSat, Codan Limited, and Aselsan will also seek new opportunities in this market.
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