According to Goldstein Research, rising need to acquire the ability to understand the modern battlefield situations and awareness & management of conflicts at formative stages are driving the need for critical, exquisite and advance satellites for military operations. Moreover, leading vendors are focusing in improving the services for military communication. In 2017, Lockheed Martin UK and Elbit Systems partnered together under the Maritime Electronic Warfare Programme (MEWP) to upgrade the Royal Navy's electronic warfare potential and communication system. Global Military Communication market outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe.Based on geography, North America occupied 46% of the global market in terms of revenue share in 2016. North America military communication market size is expected to reach USD 23 Billion by the end of 2024.
Market Research on Military Communications Systems is available @
https://www.goldsteinresearch.com/report/military-communication-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024
Market Segmentation
On the basis of our in-depth analysis, global military communication market can be segmented as follows:
• Based on Communication Type
o Air-Based Communication
o Ship-Based Communication
o Air-Ground Based Communication
o Underwater Based Communication
o Ground-Based Communication
• Based on Systems
o Military SATCOM Systems
o Military Radar Systems
o Military Radio Systems
o Military Intercom Network Systems
o Military Communication Management Systems
• Based on Application
o Command and Control
o Situational Awareness
o Routine Operations
o Others Applications (Disaster Recovery Operations and Remote location Operations)
• Based on Geography
o North America (U.S. & Canada) Military Communication Market {Market Share (%), Market Size(USD Billion)}
o Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Military Communication Market {Market Share (%), Market Size(USD Billion)}
o Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) Military Communication Market {Market Share (%), Market Size(USD Billion)}
o Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Military Communication Market {Market Share (%), Market Size(USD Billion)}
o Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Military Communication Market {Market Share (%), Market Size(USD Billion)}
“Global Military Communication Market Outlook” by Goldstein Research contains detailed overview of the global military communication market. Further, for the in-depth analysis, it encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Lockheed Martin Corporation, BAE Systems plc, Northrop Grumman Corporation, L-3 Communications Holdings Inc., Airbus group, Rockwell Collins, Raytheon Company, Thales Group, Alcatel-Lucent S.A. and General Dynamics Corporation. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global military communication market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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