Man Portable Communication Systems Market

Man Portable Communication Systems Market Size & Growth (2022 - 2027)

The global Man Portable Communications System market was worth 39.52 Billion US dollars in 2020 and is estimated that it will reach 62.41 billion US dollars by the end of 2026, registering a compound annual growth rate of about 5.56% between 2021 and 2026.

Increasing trend towards software defined radios and smartphones helps the growth of the market in the upcoming years.

Man Portable Communication system is nothing but a compact and a strong amplification system which is used in the field and defence communications which can be used for the secure voice as well as the data applications with the anti-jamming features. The man portable communications systems can also reduce the noises such as from the vehicles, sirens, military tanks and crowds to generate a clear message

Recent Developments

• Thales Company has announced that they have received its third delivery order from the US army in the month of January 2021 to provide AN/PRC-148D improved multiband Inter/Intra team radio under the army leader radio program.
• L3Harris corporation has announced that they has received an order from US army in the month of December 2020 which was worth 57 million US dollars to continue delivering its Falcon IV AN/PRC-163 two channel handheld radios which are capable of satellite communications, mobile ad hoc networking waveforms and the army’s SINCGARS waveform.
• Viasat Inc which was a global communications company has announced that they has released a new and advanced configuration of its handheld link 16 battlefield awareness and targeting system – Dismounted Radio.

Market Drivers

The growth of the global Man Portable Communications Systems market is due to the increasing demand for advanced communications systems with reduced weight, size and also the power consumption in the defence application which helps the growth of the market during the significant period.

Other factors that support the growth of the global Man Portable Communications System market include benefits such as soldier level information required by the command and control systems. Furthermore, defence modernization programs in various countries, increasing need for high frequency and bandwidth in the industry, rising investments in R & D projects by the defence ministry, technological advancements such as integration across varied platforms for an effective net centric environment which allows the users to access the real data are some of the major driving factors which propels the growth of the market.

Market Restraints

Reduction in defence budgets and high maintenance cost are some of the restraints which hinders the growth of the Man Portable Communications System market. Also, the lack of skilled professionals in the market is also one of the major restraints which reduces the growth of the market.

MAN PORTABLE COMMUNICATION SYSTEMS MARKET REPORT COVERAGE:

Market Segmentation

The Man Portable Communications System market is segmented based on platform and based on application.

Man Portable Communication Systems Market - By Platform:

the global Man Portable Communications System market was classified into land, airborne and naval. The land segment is expected to hold the dominance of the market attributed to the increasing need for more command and control information at the individual soldier level, emergence of virtual channels. Furthermore, increasing need for bandwidth also propels the growth of the market. This land segment will continue to dominate during the outlook period.

Man Portable Communication Systems Market - By Application:

the global Man Portable Communications System market was classified into software defined radios, SATCOM, encryption, smartphones, homeland security and commercial. The software defined radio segment is expected to have the highest CAGR during the forecast period and will hold the dominance due to the factors such as increasing adoption of Software defined radio by the major military forces all around the world in order to replace the old communication equipment. Furthermore, this technology will also provide flexibility, cost reduction and also the power to drive the communication with wide reachability.

Regional Analysis

North America Man Portable Communications System market has essential participation in the global business due to the increasing of R & D as well as the technological advancements in the Man Portable Communications System helps the growth of the market. Furthermore, rising defence modernization programs in various countries increasing investments by the major key players especially from some of the countries such as US and Canada is also another major driving factor which helps the growth of the market in North America region.

Asia Pacific region is expected to increase the market value owing to the factors such as increased number of government initiatives for the development of communication system helps the growth of the market of Man Portable Communications System in this region.

Europe region is expected to increase the growth of the Man Portable Communications System market followed by North America region and Asia Pacific region due to the increasing of investments by the companies for the latest developments during the forecast period.

Latin America is projected to have the higher growth rate in the coming years by owing to rapid adoption of the latest technologies. Launch of innovative technologies is also levelling up the demand of the market.

Middle East and Africa man portable communication system market is deemed to have required growth rate in the coming years.

Key Players

The main players in the market are Codan Ltd., Aselsan, L-3 Communication Holdings Inc., ITT Corporation, Rockwell Collins, Saab AB, Harris Corporation, General Dynamics Corporation, Thales Group, and ViaSat.

Impact of COVID 19 on Man Portable Communications System Market

Subsequent travel restrictions and lockdowns have caused disruptions in the supply chain of various market players due to the COVID. Most of the government authorities have imposed lockdown due to COVID 19, almost all the industries has affected including small scale industries and also large scale industries and has given work from home model for their employees to stop the spread of the corona virus. Most of the industries have adjusted to the present scenarios and has continued their operations which has resulted in mitigating the impact of the COVID 19 pandemic on the market. The market of Man Portable Communications System is expected to gain significant growth once the pandemic situation becomes normal.