Press release
Signal Jammer Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025
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Signal Jammer Market Taxonomy
On the basis of application, the global signal jammer market is classified into:
-Military and defense
-Home security
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. The U.K. uses drone jammer technology, which helps track the UAV flown by terrorists. Similarly, the Russian government has taken initiatives to upgrade the helicopter fleet and the U.S. government has given contract award to Lockheed Martin for the testing and development of long range radar. Such government initiatives play a significant role in the growth of signal jammer market over the forecast period.
Signal jammer Market Outlook – North America holds the largest market share
On the basis of geography, global signal jammer market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. 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. According to Coherent Market Insights analysis, the U.S spent US$ 14.3 billion in aerospace & defense R&D in 2016. The increasing R&D spending by the U.S. is projected to propel the signal jammer market growth as well.
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Key Companies in the Global Signal Jammer Market
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.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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