Signal Jammer Market Driven By Increasing Sales of Drones

Signal Jammer Market reports cover complete modest view with the market stake and company profiles of the important contestants working in the worldwide market. Also it offers a summary of product specification, production analysis, technology, product type, considering key features such as gross, gross margin, revenue & cost structure.

The signal jammer is a device used to protect devices from receiving signals from base station. According to Coherent Market Insights analysis, around 2991.4 thousand units of personal and commercial drones will be sold by the end of 2017 up from 2152.2 thousand units in 2016. This increasing sales of drones, in turn, is projected to fuel the market growth of signal jammer globally.

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Military and defense segment held the dominant position in the global signal jammer market in 2016 and is projected to retain its dominance throughout the forecast period. The high governmental support to use the signal jammer in military and defense application acts as a key driver for the growth of the signal jammer market in the sector.

North America held the dominant position in the global signal jammer market in 2016 and is projected to retain its dominance throughout the forecast period. Due to the presence of major venders such as Northrop Grumman Corporation, Raytheon, Harris Corporation, and Lockheed Martin, the region witnesses immense growth potential. In addition to this, the high R&D investment by the U.S. in aerospace & defense segment will also add to the signal jammer market growth.

BAE Systems, Northrop Grumman Corporation, Raytheon, HSS Development, Harris Corporation, Israel Aerospace Industries, Lockheed Martin, MCTECH TECHNOLOGY, NDR Resource International, Stratign, and WolvesFleet Technology are some of the key companies in the global signal jammer market.

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