Military Communications Market Size and Share Analysis: Airbus SAS (France), BAE Systems PLC, Northrop Grumman, Raytheon Technologies, General Dynamics

The global expenditure on military communication has exceeded a trillion-dollar milestone, driven by significant investments made by governments to embrace advanced communication solutions across various governmental departments. The demand for improved interoperability and enhanced security in military operations is fueling the growth of the military communication market, which encompasses cutting-edge mechanisms and technologies.

Software-defined radios are experiencing rapid growth and are utilized in various types of radios, including Tetra radio, joint tactical radio, and mobile radio systems. However, the high costs associated with adopting these advanced technologies pose a significant challenge to market growth. The integration of multiple communication platforms such as LTE, 3G, 2G, and 4G requires substantial hardware and increases complexity, ultimately driving up costs.

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The global Military Communications Market size was estimated at USD 36.3 billion in 2022 and is projected to reach USD 50.8 billion in 2030 at a CAGR of 4.3% during the forecast period 2023-2030.

Top players covered in Military Communications Market report: Airbus SAS (France), BAE Systems PLC, Northrop Grumman, Raytheon Technologies, General Dynamics, Israel Aerospace Industries, Alcatel (France), Collins Aerospace (US), General Dynamics Corporation (US), Harris Corporation (US), Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Raytheon Company (US), Thales Group (France), Citadel Defense, Airspace Systems, Fortem Technologies, CRON Systems, Vantage Robotics, Rufus Lab, Cobham, Viasat, Inmarsat, Iridium, Leonardo, Rolta, Aselsan, and Others.

September 2022: Collins Aerospace has been granted a contract by the US Army to provide AN/PRC-162 ground radios in support of its handheld, manpack, and small form fit (HMS) program.

May 2022: General Dynamics Mission Systems has announced that it has secured a contract from the National Security Agency (NSA) to create, develop, test, and deliver a certifiable 400 Gbps high-assurance encryption solution that adheres to the Ethernet Data Encryption Cryptographic Interoperability Specification (EDE-CIS).

Several factors are expected to further propel the growth of the military communication market in the forecast period. These include rising concerns about the security of military communications, increased global investments in military advancements, growing adoption of military communication solutions due to escalating conflicts between countries, and the need to upgrade and replace aging communication equipment. However, interoperability concerns emerge as a major obstacle to market growth in the coming years. On the other hand, the proliferation of mobile phones, the advent of mobile ad-hoc networks (MANETs), and the swift adoption of innovative Ka-band satellites for communication services offer lucrative opportunities for market expansion throughout the forecast period. Nonetheless, budget constraints may pose challenges to the development of the military communication market in the near future.

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Scope of the Report:

The Military Communications Market is segmented into various segments such as By System, By Application By Communication, by End User and region:

Based on System, the Military Communications Market is segmented into:

System
Satcom Systems
Radio Systems
Security Systems
Management Systems

Based on the Application type, the Military Communications Market is segmented into:

Command & Control
Situational Awareness
Routine Operations
Others

Based on the Communication, the Military Communications Market is segmented into:

Airborne
Shipborne
Air-Ground
Ground-Based
Naval

Based on End User, the Military Communications Market is segmented into:

Introduction
Land Forces
Naval Forces
Air Forces

Based on region, the Military Communications Market is segmented into:

Asia Pacific

Japan
China
India
Australia
South Korea
Vietnam
New Zealand
Philippines
Thailand
Malaysia
Hong Kong
Taiwan
Singapore
Indonesia
Sri Lanka
Rest of Asia-Pacific

North America

U.S.
Canada
Mexico

Europe

Germany
U.K.
France
Italy
Spain
Sweden
Austria
Finland
Belgium
Turkey
Russia
Poland
Hungary
Czech Republic
Switzerland
Netherlands
Rest of Europe

South America

Brazil
Argentina
Chile
Colombia
Rest of South America

Middle East & Africa

South Africa
U.A.E.
Saudi Arabia
Oman
Qatar
Iran
Egypt
Rest of Middle East and Africa

Military Communications Market Reasons to Acquire:

Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.

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Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

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