Press release
Man-Portable Military Electronics Market is expected to grow at a CAGR of 3.8% during the forecast period from 2013 to 2019
The global man-portable military electronics market is expected to grow at a CAGR of 3.8% during the forecast period from 2013 to 2019 to reach a market size of USD 19,674.5 million by 2019. The market was valued at USD 15,100.0 million in 2012. The man-portable military electronics includes all the portable equipments which facilitates and enhances the functional capabilities of military personals in the battlefield. These electronic equipments act as a force multiplier by providing advanced situational awareness and direct link communications to dismounted soldiers. The man-portable military electronics are crucial in achieving speed, agility and responsiveness by combat soldiers in battlefield.Man-Portable Military electronics are classified on the basis of its products types into communications, imaging, force Protection, command and control, ISTAR (Intelligence, Surveillance, Target Acquisition, Reconnaissance), and ancillary electronics. In 2012, Communication segment was holding the largest share in the global market. Asia Pacific regions such as India and South Korea have planned to get digitalized and are looking to replace their legacy systems with modern communication systems, thus fueling the market growth.
Get Free Sample Report Copy :
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2416
The major factor driving the growth of this market is the soldier modernization programs undertaken by military forces worldwide. Countries such as the U.S., France, India, and Australia have taken military modernization initiatives on a massive scale. These long term programs will ensure the continued demand for man-portable military electronics during the forecast period. Growing demand for miniature unmanned aerial vehicles (M-UAVs) is expected to stimulate the category growth and as well as the growth of the overall market. The growth of this market is further fuelled by the increasing need for advanced man-portable equipments with reduced size, weight, and power consumption (SWAP).
North America is dominating the market due to technological advancement and huge expenditure in defense segment. North America is followed closely by the Europe, owing to its substantial investments in military technologies and increased number of global counter-terrorism operations. Asia Pacific region is also a promising market and has shown a rapid growth, owing to the number of military modernization programs taken by various governments in the region. In rest of the world, the growth of man-portable military electronics market is largely driven by countries such as Brazil, UAE and Turkey.
About TMR
TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact TMR
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Man-Portable Military Electronics Market is expected to grow at a CAGR of 3.8% during the forecast period from 2013 to 2019 here
News-ID: 358100 • Views: …
More Releases for TMR
Cancer Diagnostics Market Reviews 2031 | TMR Study
According to a Transparency Market Research (TMR) research report, the global cancer diagnostics Market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 335.7 Bn by the end of 2031.
The study on the cancer diagnostics Market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The authors have…
LED Work Light Market 2029 | TMR Research
LED Work Light Market: Overview
The LED work light market may gain good momentum in terms of growth across the forecast period of 2019-2029 due to the growing demand from residential segments and the overwhelming benefits it provides. These high-intensity light fixtures are mainly used by technicians to assist them in their work temporarily. The use of LED work lights is increasing among many end-users due to benefits like longevity, durability,…
Dissolved Gas Analyzer Market 2025 | TMR Research
Global Dissolved Gas Analyzer Market: Overview
The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer.
To evaluate the nature of the gases and their potential threats, dissolved gas…
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future.
Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200
Among regions, North America,…
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot
The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000
The…
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview
The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to…
