Global Military Radio System Market Overview:
The military radio system plays a significant role in securing communication in the armed forces. The system is designed to be robust, encrypted, and jamming-proof. It is used for coordination between units to communicate with aircraft and drones. User-friendly interfaces and intuitive controls are driving the usability of military radio systems. The current line of stream castor radios improves the capacity, range, and reliability of data, achieving never-before-seen performance in the difficult conditions that impact every mission.
As per latest study released by AMA Research, the Global Military Radio System market is expected to see growth rate of 4.1% and may see market size of USD1218.5 Million by 2028.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Incresed use of Ground-based systems
Market Growth Drivers:
Advancement in sensor technologies, including radars and surveillance system. and There is an increasing need for rapid deployment of lightweight and easily deployable radio systems.
Challenges:
Electronic device emits electromagnetic radiation that interferes with radio signals and Lack of technological advancement in radio system
Restraints:
Harsh environmental condition such as extreme temperature, humidity and Adversaries may attempt to disrupt military communication through intentional interference or jamming.
Opportunities:
Integration of artificial intelligence in military radio system for enhance signal processing. and Adoption of 5G technology in military communication
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Codan communication (Australia), General dynamics corporation (United States), BAE system (United Kingdom), Elbit system Ltd. (Israel), Leonardo S.P.A (Italy), Thales (France), Collins aerospace (United States), Northrop Grumman (United States), RTX (United States), Rolta India LTD(India), Barret communications (Australia) and Sanmina corporation (United States). Additionally, following companies can also be profiled that are part of our coverage like Rohde and schwarz (Germany), Motorola solutions Inc (United States), Kongsberg defence and aerospace (Norway), Indra (Spain) and DTC (United Kingdom). Considering Market by Type, the sub-segment i.e. Manpack Radios will boost the Military Radio System market. Considering Market by Frequency Band, the sub-segment i.e. Very High Frequency (VHF) will boost the Military Radio System market. Considering Market by End User, the sub-segment i.e. Ground Force will boost the Military Radio System market.
Latest Market Insights:
In June 2023, Indra, a leading engineering technology specialist for the aerospace, defence, and mobility sectors, acquired Park Air, a specialist in aerospace and defence communication systems. This acquisition provides production capabilities., and In January 2020, BAE System acquired Raytheon Technologies Corporation. In this acquisition, the company's portfolio in airborne communication includes multi-channel radios that feature robust anti-jamming and encryption capabilities.
In February 2023, Codan and DTC launched the new soldier radio sentry mesh 6161-L. The sentry mesh 6161-L software-defined radio is based on codon manet waveforms that have been field-proven in application in various world militaries., and In March 2023, Israel Aerospace Industries launched its new multi-mission ARC 840 software-defined radio-network-centric operations system.
What Can be Explored with the Military Radio System Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Military Radio System Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Military Radio System
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Military Radio System market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Military Radio System market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Supplier, Manufacturer, Distributors, Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.