Global Military Manpack and Vehicular Radios Market 2016-2020

Outlook of the global military manpack and vehicular radios market

Technavio’s market research analyst has estimated the global market for manpack and vehicular radios to grow at a CAGR of nearly 5% by 2020. Military manpack and vehicular radio systems are advanced mobile communication solutions used for the transmission and reception of voice and data signals. The defense sector’s recent shift toward new technologies and sophisticated systems that enable faster, secure, cost-effective, and flexible communications will lead to the steady growth of this market during the forecast period.

Another important factor that will impel growth in this market is the rise in demand for micro air vehicles (MAVs). MAVs are portable unmanned aerial systems (UAS) that are equipped with features like autopilot, navigation system, airframe, engine, sensor package, and communication link. Since these vehicles are smaller in size, they are more cost effective than manned aircraft and standard unmanned aerial vehicles (UAVs).

Product-based segmentation of the military manpack and vehicular radios market

• Vehicular radio
• Manpack

In this market study, analysts have estimated the vehicular radios segment to account for a market share of more than 51% by 2020. Mobile two-way radios or vehicle-mounted wireless devices help to establish a safe and reliable communication link within a battlefield, local area, city, or state. These radios are installed on the top of a military vehicle and are connected to an external antenna, which is mounted on the automobile. The ability of these systems to ensure effective communication and data transfer between troops stationed in and around a battlefield will lead to its augmented adoption during the predicted period.

Geographical segmentation of the military manpack and vehicular radios market

• Americas
• APAC
• EMEA

In terms of geography, the APAC region is anticipated to be the largest market for military manpack and vehicular radios during the forecast period. An increase in the military spending in APAC, especially in countries like China, India, Japan, Pakistan, North Korea, and South Korea, will result in the high demand for military manpacks and vehicular radios during the forecast period. The market in this region will grow at a CAGR of more than 5% until 2020.

Competitive landscape and key vendors 

The global market for military manpacks and vehicular radios is highly competitive as the providers in this market compete on the basis of cost, product quality, reliability, and aftermarket services. To survive and succeed in this market, it is crucial for vendors to provide cost-effective, high-quality manpacks and vehicular radio systems with latest technology and materials.

Key vendors in the market are -

• BARRETT Communications
• Finmeccanica
• Harris
• Radmor
• Thales

Other prominent vendors analyzed in this market study are Codan, Elbit Systems, FLIR Systems, Rockwell Collins, and Safran.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the military manpack and vehicular radios market?
• What are the key market trends impacting the growth of the global military manpack and vehicular radios market?
• What are the challenges to market growth?
• Who are the key vendors in the global military manpack and vehicular radios market?
• What are the market opportunities and threats faced by the vendors in the global military manpack and vehicular radios market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global military manpack and vehicular radios market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

• Global Radio Market 2015-2019