According to a research report "Military Communications Market by Communication Type (Airborne, Air-Ground, Underwater, Ground-Based), Component (Military Satcom Systems, Military Radio Systems, Military Security Systems), Application, End-User, and Region - Global Forecast to 2025" published by MarketsandMarkets, global Military Communications market size to grow from USD 33.4 billion in 2020 to USD 40.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period. The key factors driving the growth of the military communications market include the rising security concerns and the procurement of military communication solutions due to an increase in disputes among different countries across the world.
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The airborne communication segment to hold a
larger market size during the forecast period
The communication type
segment comprises airborne, air-ground, underwater, ground-based, and shipborne
communications. The airborne communication segment is expected to hold a larger
market share during the forecast period. The key trend contributing to this
market growth is the increased focus and investment to enhance the capabilities
of air forces. Several countries, such as the US, the UK, Russia, Israel,
India, Japan, Singapore, and China, have increased their spending to strengthen
their air forces, which is expected to enhance the expenditure on airborne
communications. The underwater communications segment is projected to grow at
the highest CAGR during the forecast period.
The military SATCOM systems segment to hold
the largest market size during the forecast period
The military
communications market by component has been segmented into military SATCOM
systems, military radio system, military security system, and communication
management system. Among components, the military SATCOM systems segment is
expected to hold the largest share of the military communications market. Most
of the technologically advanced countries rely on SATCOM communications due to
broader coverage, easy installation, security, and location independence. With
the advent of SDR, the military radio systems segment is projected to grow at a
decent pace. Security concerns are expected to boost the adoption of military
security systems, thus driving the growth of the military security systems segment.
The command and control segment to hold the
largest market size during the forecast period
The military
communications market by applications has been segmented into command and
control, routine operations, situational awareness, and others. The command and
control segment is estimated to account for the largest share of the military
communications market due to the need for integrated and interoperable
capabilities to establish proper control over military operations.
The air forces segment to hold the largest
market size during the forecast period
The military
communications market by end users has been segemented into land forces, naval
forces, and air forces. Among end users, the air forces segment is projected to
grow at the fastest rate, whereas the land forces segment is expected to be the
major contributor to the market.
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North America to hold the largest market size
during the forecast period
The military communications market has been segmented
into five regions: North America, Europe, APAC, MEA, and Latin America. North
America is projected to hold the largest market size during the forecast period
due to the increasing technological advancements in the region. APAC is
expected to witness the highest growth rate during the forecast period. It is
also expected to be the fastest-growing region in the military communications
market.
Major vendors in the global military
communications market include ASELSAN (Turkey), BAE Systems (UK), Lockheed
Martin (US), Northrop Grumman (US), Raytheon (US), Cobham (UK), Elbit Systems
(Israel), General Dynamics (US), Harris Corporation (US), Thales (France),
Viasat (US), Inmarsat (UK), Iridium
(US), Systematic (Denmark), Leonardo (Italy), Israel Aerospace Industries
(Israel), Rheinmetall (Germany), Rolta (India), Rufus Lab (US), Vantage
Robotics (US), CRON Systems (UK), Fortem Technologies (US), Airspace Systems
(US), Citadel Defense (US).
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