Global Man Portable Military Electronics Market

Description

Transistor was first invented in 1947 and since then electronics marked its first footsteps in to the market. With the electronics market taking over in the gadget industry, it is making a huge mark in Military services as well. Electronic devices play a vital role in completion of military applications. Electronic devices provide control, guidance, communication, and reconnaissance which are key components in modern handheld vehicular applications. It helps to control the human interface with the help of portable devices. This pattern has increased the complexity of electronic equipment, especially in low volume, highly sophisticated, and dense electronic systems during warfare. These devices have advantages of being made in low cost commercial electronics. A modern soldier is believed to rely on electronics market more than ever.

Market Dynamics The most common devices are digital compasses, range finders, night vision systems, and electronic radios. Military electronics play a vital role in the modernization of the military. With the increasing threat for terrorism and increasing strain between two nations, the scope for the growth of market is expected to increase. Man-portable electronics market is expected to increase to US$6.4 Billion by 2027, representing a CAGR of 3.29% during the forecast period (2017-2027). Rapidly increasing demand for lighter but advanced man-portable electronic systems, demand for miniature UAVs, and soldier modernisation initiatives being undertaken by defence ministries across the world have stimulated demand for man-portable electronic systems globally. But the increase in the use of COTS ( commercial-off-the-shelf ) components lead to the need to improve the reliability of these components by understanding the failure mechanisms due to thermal loads, dynamic vibration, and shock through Physics of Failure (PoF) analyses. Also the size and weight should be easy to manhandle in the battlefield.

Market Segmentation (By Product)

\• Communications • Command and control • ISTAR (intelligence, surveillance, target acquisition and reconnaissance) • Imaging • Force protection • Ancillary electronics

Regional/Geographical Analysis

North America leads the global market for man-portable electronics owing to technological advances and high budgets followed by Europe due to substantial expenditures on military technologies and operations carried out by the nation to counter terrorism. Asia Pacific (India and South Korea majorly) will emerge as a significant market due to modernizations.

Opportunities

Rapid growth in demand for communication devices, primarily on account of maritime border disputes between neighbouring countries and demand from outstation soldiers, has let to increase
in market where communications man-portable electronics segment is expected to account for the highest proportion of spending.

Key Players

Finmeccanica S.p.A., SAAB Group, Elbit Systems Ltd., FLIR Systems, Inc., Harris Corporation, Sierra Nevada Corporation, AeroVironment, Inc., Thales Group, Safran S.A., Exelis Inc., L-3 Communications Holdings, Inc., Rockwell Collins, Inc., ASELSAN Inc., General Dynamics Corporation, and Codan Limited.

Report ContentsRegional AnalysisReport Highlights
  • Market segments
  • Market Drivers, Restraints and Opportunities
  • Market Size & Forecast 2016 to 2022
  • Supply & Demand Value Chain
  • Market – Current Trends
  • Competition & Major Companies
  • Technology and R&D Status
  • Porters Five Force Analysis
  • Strategic and Critical Success Factor Analysis of Key Players
  • North America
    • US and Canada
  • Latin America
    • Mexico, Brazil, Argentina and Rest of Latin America
  • Western Europe
    • EU5 (Germany, France, Italy, Spain, U.K.)
    • Nordic Countries (Denmark, Finland, Norway, and Sweden)
    • Benelux (Belgium, The Netherlands, and Luxembourg)
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia and New Zealand
    • Rest of Asia Pacific
  • Middle East and Africa
    • GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
    • South Africa
    • North Africa
    • Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

  • Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
  • Consumer and Pricing Analysis
  • Market dynamics of the industry
  • Market Segmentation
  • Estimated Market Sizing in terms of volume and value
  • Recent trends in Market and impact
  • Research Status and Technology Overview
  • Extensive Industry Structure Coverage

 

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$3,850.0

Industry Analysis, Forecasts and Opportunity Assessment (2017-2022)

  • Market Trends, Dynamics and Regulatory Framework
  • Regional and Cross-segment Sales Figures
  • Extensive Industry Structure Coverage

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