Global Military Manpack and Vehicular Radios Market to grow at a CAGR of 4.59% during the period 2016 - 2020; Finds New Report

Report forecast the global military manpack and vehicular radios market to grow at a CAGR of 4.59% during the period 2016-2020.

Military manpack and vehicular radio systems are advanced mobile communication solutions used for transmission and reception of voice and data signals, a process essential in military operations. Man-portable and vehicle-mounted radio systems are enhancing the safety and capability of defense units.

Defense authorities invest heavily in such systems to reinforce national security and obtain data from enemy units. The defense industry also uses advanced electronic systems that are cost effective, faster, secure, and are more flexible.

The report covers the present scenario and the growth prospects of the global military manpack and vehicular radios market for 2016-2020. It provides a comprehensive overview of market shares, growth opportunities by product, and growth prospects by regions:

• The Americas
• Asia-Pacific (APAC)
• Europe, the Middle East, and Africa (EMEA)

According to the report, the US Army has improvised battlefield communication without satellites, and has developed high-bandwidth and vehicle-mounted networking radios, which use line-of-sight communications waveforms. These solutions, called the MNVRs, link the army with battalion and brigade commands and provide ground-level connectivity. The MNVR program also enables rapid exchange of voice messages, images, and videos with commanders.

Further, the report states that budget cuts and military downsizing limits the development, maintenance, upgrading, and procurement of military manpacks and vehicular radios.

Global Military Manpack and Vehicular Radios Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Military Manpack and Vehicular Radios Market: BARRETT Communications, Finmeccanica, Harris, Radmor and Thales.

Other Prominent Vendors in the market are: Codan, Elbit Systems, FLIR Systems, Rockwell Collins and Safran.

Market driver

• Rise in demand for MAVs
• For a full, detailed list, view our report

Market challenge

• Budget cuts and military downsizing
• For a full, detailed list, view our report

Market trend

• Development of military portable chargers
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 67 pages and 41 Exhibit “Global Military Manpack and Vehicular Radios Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Global aerospace and defense supply chain system, Global aerospace and defense value chain system, Market segmentation  by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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