Worldwide Military Communications Market Insights (2019-2025): United States Will Maintain a 4.5% Growth Momentum - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 27, 2019--
The “Military Communications - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.
The Military Communications market worldwide is projected to grow by US$9 Billion, driven by a compounded growth of 3.7%.
Airborne, one of the segments analyzed and sized in this study, displays the potential to grow at over 3.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$8.9 Billion by the year 2025, Airborne will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 4.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$474.5 Million to the region’s size and clout in the next 5 to 6 years. Over US$414.1 Million worth of projected demand in the region will come from the rest of the European markets.
In Japan, Airborne will reach a market size of US$954.6 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 3.5% over the next couple of years and add approximately US$1.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Aselsan A.S.
- BAE Systems PLC
- Cobham PLC
- EID SA
- Elbit Systems Ltd.
- General Dynamics Corporation
- Harris Corporation
- Inmarsat plc
- Iridium Communications, Inc.
- Israel Aerospace Industries (IAI)
- Kongsberg Gruppen ASA
- Kratos Defense & Security Solutions, Inc.
- L3 Technologies, Inc.
- Leonardo SpA
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Company
- Rheinmetall AG
- Rockwell Collins, Inc.
- Rohde & Schwarz GmbH & Co. KG
- Rolta India Ltd.
- SAAB AB
- Thales Group
- ViaSat, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/qmh6zq
View source version on businesswire.com:https://www.businesswire.com/news/home/20191127005588/en/
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INDUSTRY KEYWORD: NETWORKS DEFENSE TECHNOLOGY OTHER DEFENSE TELECOMMUNICATIONS
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 11/27/2019 12:54 PM/DISC: 11/27/2019 12:54 PM