Global Man-portable Communication Systems Market

By Author: Rupali Dagade
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Global Man-Portable Communication Systems Market size was valued at US$ 3.10 Bn. in 2019 and the total revenue is expected to grow at 3.4 % through 2020 to 2027, reaching nearly US$ 4.05 Bn.

Global Man-Portable Communication Systems Market Overview:

The presence of complex geographical conditions and the lack of infrastructure required for communication have resulted in a rising demand for portable communication devices on the battlefield. Communication is an important factor in the warzone and is used to relay information of battlefield to the commanding center and receive further orders to be implemented. Man-Portable Communication System consists of a mountable set-up that works on batteries and is used for communicating with soldiers on the field and with strategy makers. The importance of communication on the battlefield, rising demand for portable devices, and increased expenditure for acquiring efficient communication technology by the global defense sector have resulted in a growth in the Global Man-Portable Communication Systems Market.

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The report has covered the market trends from 2015 to forecast the market through 2027. 2019 is

Considered a base year however 2020’s numbers are on real output of the companies in the market.

Special attention is given to 2020 and effect of lockdown on the demand and supply, and also the

impact of lockdown for next two years on the market. Some companies have done well in lockdown

also and specific strategic analysis of those companies is done in the report.

Global Man-Portable Communication Systems Market Dynamics:

Communication decides the fate of the war. An army with an advanced communication system finds it easy to relay the command to every soldier present on the battlefield and implements their strategy on the battlefield carefully. The rising demand for communication and message relaying portable products by the defense sector has propelled the demand for Man-Portable Communication Systems.

The presence of complex geographical conditions and limitations over the reach of vehicles in tougher regions ends up making soldiers the ultimate decisive factor of any war. This has resulted in a rise in demand for mountable military devices which a soldier can carry on the battlefield. The rising need to relay a set of instructions and guidance to soldiers on the battlefield has resulted in a growth in demand for the Man-Portable Communication Systems by the Global Defense sector.
A range of opportunities lie in portable military devices as devices with reduced weight and size are in high demand. An increase in the electrification of defense machinery has resulted in a rise in demand for mountable machinery that consumes less power and has a long life. The rising preference for mountable devices that reduces fatigue and empowers the soldiers with the latest technology has resulted in a rise in demand for Man-Portable Communication Systems.

A report by PwC published in April 2020 states that an average 7.8% increase has been observed in the global defense budget as compared to the previous year with developing countries like India, Israel, South Korea, Brazil, South Africa, and Vietnam have increased their defense budgets by an average of 23%. The rising expenditure by countries on equipping their defense forces with the latest communication technology has resulted in a growth in demand for Man-Portable Communication System.

The rising demand for an effective communication system in the mountable soldier system assembly acts as the major driving factor for the growth of the Global Man-Portable Communication Systems Market.

Restraints:

Quality of service and signal fading in geographically complex locations are the major restraining factor here.
The lack of skilled personnel is limiting the growth of the Global Man-Portable Communications System market.

Global Man-Portable Communication Systems Market Segment Analysis:

The Global Man-Portable Communications Systems Market is segmented

By Product, The rising preference for acquiring the latest communication equipment and release of an updated version by manufacturers on regular basis has forecasted Hardware to dominate the Product segment of the Global Man-Portable Communication Systems Market in the coming years. An increase in the use of computer-based technology for monitoring and operating communication system in the warzone has resulted in a 2.1% increase in demand for Software in the second decade of this century by the global defense sector.

By Platform, The presence of a large number of soldiers and demand for a communication system in complex locations has forecasted Land to dominate the Platform segment of the Global Man-Portable Communication Systems Market in the coming years. An increase in the rescue operations handled by aircraft and the rising need for navigation in geographically complex regions has resulted in a 1.5% increase in demand for Man-Portable Communication Systems from 2016 through 2020 by the global Aviation industry.

An increase in the use of naval vessels for commencing trade and rising threats to them in the international water has resulted in a 1.3% increase in demand for Man-Portable Communication Systems from 2018 through 2020 by the commercial naval platform.

By Application, The increased adoption of the computer-based communication system by the global defense sector has forecasted Software Defined Radios to dominate the Application segment of the Global Man-Portable Communication Systems Market in the coming years. The rising preference for the use of military-grade technology by private security firms has resulted in a 3.1% increase in demand for Man-Portable Communication Systems in the second decade of this century by the Private security sector.

An increase in the use of portable communication devices for maintaining peace in the society has resulted in a 2.3% increase in demand for Man-Portable Communication Systems from 2016 through 2020 by the civil security agencies of developed and developing countries. The rising preference for uninterrupted communication in worksites present at remote locations has resulted in a 2.1% increase in demand for Man-Portable Communication Systems from 2017 through 2020 by construction, mining, and Oil & Gas sectors.

By End User, The rising demand for advanced and portable communication equipment has forecasted the Defense sector to remain the major consumer of Man-Portable Communication Systems in the coming years. The preference for ready-to-use communication equipment has resulted in a 2.4% increase in demand for Man-Portable Communication Systems from 2016 through 2019 by OEMs supplying communication devices to the government and commercial sector. An increase in demand for a portable communication system for rapid completion of work has resulted in a 3.3% increase in demand for Man-Portable Communication Systems in the second decade of this century by the commercial sector.

Global Man-Portable Communication Systems Market Regional Insights

Region-wise, North America is the biggest market for Man-Portable Communication Systems. The presence of military bases of countries present in this region around the world and in some of the world’s most complex locations and the rising demand for mountable devices has resulted in a 3.5% increase in demand for Man-Portable Communication Systems in the second decade of this century by the defense sector present in this region.

The presence of a big defense products manufacturing and assembling industry has resulted in a 3.1% increase in demand for Man-Portable Communication Systems from 2017 through 2020 by the defense sector present in Europe. An increase in the threat to major cities by terrorists and rising civil unrest in some of the countries has resulted in a 1.8% increase in demand for Man-Portable Communication Systems from 2018 through 2020 by the internal security agencies of countries present in this region.

An increase in the expenditure for purchasing mountable and advanced communication systems has resulted in a 2.3% increase in demand for Man-Portable Communication Systems from 2017 through 2020 by the defense sector present in the Asia-Pacific.

The ever-rising conflicts between countries and rising expenditure on strengthening the defense forces have resulted in a 1.6% increase in demand for Man-Portable Communication Systems in the second decade of this century by the countries present in the Middle East and African region. The South American market is showing a growth rate of 1.3%, which is concentrated in countries like Brazil, Argentina, and Venezuela that have better technological infrastructure than the rest of the region.

The objective of the report is to present a comprehensive analysis of the global Man-Portable Communication Systems market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Man-Portable Communication Systems market dynamics, structure by analyzing the market segments and Project the global Man-Portable Communication Systems market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Man-Portable Communication Systems market make the report investor’s guide.

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Global Man-Portable Communication Systems Market Scope: Inquire before buying

Global Man-Portable Communication Systems Market, by Region:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

Global Man-Portable Communication Systems Market Key Players

• Thales Group
• L3 Harris Technologies, Inc.
• David Clark Company
• Rockwell Collins
• BAE Systems PLC
• General Dynamics
• SAAB AB
• Lockheed Martin
• Cobham Ltd.
• Codan Ltd.
• Ultra Electronics Holdings
• Aselsan AS
• Viasat Inc.
• Raytheon Technologies
• Elbit Systems

FAQ’S:

1) What is the market share of the Global Man-Portable Communication Systems Market in 2019?
Answer: The Global Man-Portable Communication Systems Market was valued at US $ 3.10 Billion in the year 2019.

2) Which is the dominating region for the Global Man-Portable Communication Systems Market?
Answer: The presence of big defense industry and demand for communication devices has resulted in making North America the biggest market for Man-Portable Communication Systems.

3) What are the opportunities for technological development in the Global Man-Portable Communication Systems Market?
Answer: The use of software defines radios holds ample amount of opportunities for technological development in the Global Man-Portable Communication Systems Market.

4) Which factor acts as the driving factor for the growth of the Global Man-Portable Communication Systems Market?
Answer: An increase in the expenditure on improving communication technology by the defense forces of developing countries act as the major driving factor for the growth of the Global Man-Portable Communication Systems Market.

5) What factors are restraining the growth of the Global Man-Portable Communication Systems Market?
Answer: The weather dependence nature of network-providing mediums acts as the major restraining factor for the growth of the Global Man-Portable Communication Systems Market.

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