Market Size of Man-portable Military Communication Systems Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 3.40 % |
| Fastest Growing Market | North America |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Military Portable Communication Systems Market Analysis
The man-portable military communication systems market was valued at USD 3.39 billion in 2020, and it is expected to register a CAGR of over 3.4% during the forecast period (2021-2030).
The COVID-19 pandemic and the subsequent travel restrictions and lockdowns have caused disruptions in the supply chains of various players in the market. However, players have adjusted their operations in response to the pandemic in the latter half of the year, which has resulted in mitigating the pandemic's impact on the market.
Global military spending witnessed an increase of 2.6% in 2020 despite the fall in the global GDP, according to SIPRI. Though this is an encouraging factor for the market, defense spending may come down in the near future due to the global economic turndown triggered by the pandemic. This may challenge the growth of the market during the forecast period.
The growing focus on asymmetric warfare is forcing the militaries to develop their battlefield communication capabilities. The need for enhanced situational awareness, the necessity of quick command and control information availability at the individual soldier level, and the growing demand for more bandwidths are propelling the adoption of newer generation man-portable military communication systems.
The evolution of faster satellite-based communication and the advent of newer-generation portable SATCOM devices that are highly effective even in contested environments are anticipated to propel the demand for man-portable military communication systems during the forecast period.
Military Portable Communication Systems Industry Segmentation
Man-portable communication devices, such as handheld tactical radios, handheld satellite communication devices, both handheld and man-portable/transportable antennas, transmitters, and receiver systems, man-portable tactical terminals, manpack transceivers, and wearable communication systems used by the land, naval, and air forces are included in the study. The market is segmented by communication type (satellite and radio) and geography (North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa). The report offers the market size and forecasts for all the above segments in value (USD billion).
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Man-portable Military Communication Systems Market Size Summary
The man-portable military communication systems market is poised for growth, driven by the increasing need for advanced battlefield communication capabilities. The focus on asymmetric warfare has necessitated the development of systems that enhance situational awareness and provide quick command and control information at the individual soldier level. The demand for more bandwidth and the evolution of faster satellite-based communication technologies are further propelling the market. Companies are investing in the development of portable SATCOM devices that offer secure and efficient communication even in contested environments. This trend is expected to continue as armed forces worldwide seek next-generation communication technologies to maintain a strategic edge.
North America, particularly the United States, holds a significant share of the market, with substantial investments in tactical network modernization. The U.S. Army's strategy to develop a more mobile and secure network is driving demand for new handheld manpack radios, which are integral to the country's integrated tactical network. Key players in the market, such as L3Harris Technologies, General Dynamics, and Raytheon Technologies, are focusing on designing lightweight and secure communication systems that can operate over a broad spectrum. The emphasis on indigenous system development, as seen in countries like India, is also contributing to market growth. These developments highlight the ongoing innovation and strategic investments in man-portable military communication systems, ensuring their relevance and effectiveness in modern warfare.
Man-portable Military Communication Systems Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD billion)
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2.1 Communication Type
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2.1.1 Satellite
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2.1.2 Radio
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2.2 Geography
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2.2.1 North America
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2.2.1.1 United States
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2.2.1.2 Canada
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2.2.2 Europe
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2.2.2.1 United Kingdom
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2.2.2.2 Germany
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2.2.2.3 France
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2.2.2.4 Rest of Europe
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2.2.3 Asia-Pacific
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2.2.3.1 China
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2.2.3.2 India
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2.2.3.3 South Korea
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2.2.3.4 Rest of Asia-Pacific
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2.2.4 Latin America
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2.2.4.1 Brazil
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2.2.4.2 Rest of Latin America
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2.2.5 Middle-East and Africa
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2.2.5.1 United Arab Emirates
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2.2.5.2 Saudi Arabia
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2.2.5.3 Turkey
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2.2.5.4 Rest of Middle-East and Africa
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Man-portable Military Communication Systems Market Size FAQs
What is the current Man-portable Military Communication Systems Market size?
The Man-portable Military Communication Systems Market is projected to register a CAGR of greater than 3.40% during the forecast period (2024-2029)
Who are the key players in Man-portable Military Communication Systems Market?
L3Harris Technologies, Inc., General Dynamics Corporation, Raytheon Technologies Corporation, Elbit Systems Ltd. and Thales Group are the major companies operating in the Man-portable Military Communication Systems Market.
