Man Portable Military Electronics Market 2018 Global Key Players: Elbit Systems, SAAB AB, Exelis Inc, Codan, Aselsan, FLIR Systems Inc, Harris Corporation, Rockwell Collins, Safran, and Thales Group

Market Research Future published a half-cooked research “Global Man Portable Military Electronics Market Research Report - Forecast to 2023” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.

Man Portable Military Electronics Market – Market Overview

Man portable military electronic systems include the mobile communication products and MAVs that are used for the transmission and reception of video, voice and data signals, and to provide intelligence, surveillance, and reconnaissance (ISR), essential in military operations. The facilitation of man portable electronics has become an effective means for defense authorities to enhance the safety and capabilities of their units. The defense authorities invest heavily on C3ISR systems to enhance national security and extract data from potential enemies. Also, the defense industry is shifting to a new generation of sophisticated electronic systems that enables faster, secure, less costly and more flexible communications.

One such man portable military electronic system is the Micro air vehicle (MAV). They are man portable unmanned aerial systems (UAS) that are equipped with a broad range of systems such as airframe, engine, autopilot, navigation system, sensor package, and communication link. These vehicles are smaller in size, and cost-effective, as compared to the manned aircraft and standard UAVs. They aid in providing modernized, digital communication formats that are more secure and reliable. Also, the MAVs provide on-board sensors such as LASER, SAR, IMU, and GPS that help in rapidly modernizing their communications equipment. Of late, there has been an increased implementation of the miniature unmanned systems for electronic attack (EA), destruction of enemy air defense (DEAD), suppression of enemy air defense (SEAD), communication transfer, combat search and rescue (CSAR) and ISR operations.

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Man Portable Military Electronics Market – Competitive Analysis

The global man portable military electronics market is highly competitive, and vendors compete on the basis of cost, product quality, reliability, and aftermarket service. In order to survive and succeed in such an intensely competitive environment, it is crucial for vendors to provide cost-effective and high-quality man portable military electronics systems with latest technology and materials. Elbit Systems and SAAB AB are the two leading vendors in the market. Their focus is primarily on the implementation of light-weight materials, more electric technologies, and robust systems.
Mergers and acquisitions, along with increased collaboration with alliance partners around the world, would drive the global man portable military electronics market, in the forecast period. In 2015, Data Link Solutions LLC was formed, as a result of the joint venture of BAE Systems and Rockwell Collins to provide support to the military assets globally. The joint venture would enhance the company's position in the market and enable direct access to the local customers.

Industry/ Innovation/ Related News:

March, 2018:- It was reported that the US Army would be moving towards cloud computing for better networking among the soldiers.
March, 2018:- It was reported that the US Army is developing a new metal detector, which would enable the soldiers to find the buried bombs.
Man Portable Military Electronics Market – Segments
For the convenience of the report and enhanced understanding; the man portable military electronics market is segmented in to four key dynamics:
Segmentation by Product Type: Communications, ISTAR, Command and Control, and Others.
Segmentation by Platform: Airborne, Naval, and Land-based.
Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Man Portable Military Electronics Market – Regional Analysis

The Latin American region has witnessed a major growth in its defense sector, in the past decade. Among all the countries in the region, Brazil is expected to grow at a significant rate, owing to established defense market in the country. Furthermore, it was reported that the country spent approximately USD 19.5 billion on military operations, exercises, and equipment, in 2016, accounting for 47.5% of the overall spend in the Latin American region, in the same year. Therefore, it is expected that there would be a significant growth in the market for the region.

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