Covid-19 impact on Military Communication Market:
Covid 19 pandemic broke out in 2019. Ever since WHO declared 'Pandemic,' it has created disruptions in almost all markets. Remote working, supply chain disruptions, and lockdowns were phenomena produced by this pandemic.
This report offers an overview of businesses changing modus operandi, business strategies, and investment strategies that leaders are adopting across the globe to tackle the challenges possessed by this pandemic. The COVID-19 pandemic spread to almost every country in the world. This pandemic disrupted nearly every industry. Some industries have faced downfall, and some have experienced positive effects due to this pandemic.
The global market for the The Military Communication is anticipated to develop at a compound annual growth rate (CAGR) of 11% throughout the course of the forecast, to reach US$ 110.74 Billion by 2032.
The pandemic has negatively affected the military communication market. This is due to several government steps that cut military funding to some extent due to the effect of the covid-19 pandemic. Due to the impact of Covid-19, countries like the United kingdom, France and Germany are likely to cut their military expenditure to some extent. This will negatively affect the market, which will be relatively long-lasting. Many countries and their armies are ensuring that soldiers supporting state and local governments battle against COVID-19 pandemic are equipped with the latest situational awareness and communication and situational awareness systems.
Segment by Communication Type :
The military communication market is segmented into Ground-Based Communication, Underwater Communication, Airborne Communication, Air-Ground Communication, Shipborne Communication, and Others by communication type. The airborne communication segment is estimated to have a significant market share. The increased expenditure and focus on improving the capabilities of air forces is a major trend driving market growth. Several countries like India, United States, United Kingdom, Israel, Russia, China, Japan, and Singapore have expanded their air force spending, which is projected to increase spending on airborne communications. The undersea communications segment is expected to grow fastest during the forecast period.
Segment by Components :
The military communication market is segmented into Communication Management System, Military SATCOM Terminals, Military Security System, Military Radio System, and Others by components. The military SATCOM systems sector is estimated to have the Military Communications Market share among other segments. Because of the security, wider coverage, location independence, ease of installation, SATCOM communications are used by most technologically advanced countries. With the introduction of SDR, the Military Communications Market is expected to expand at a reasonable rate.
Segment by Geography :
The Military Communication market is segmented into North America, Europe, Asia Pacific, South America based on geography. North America is estimated to have the largest market share among the segmented regions due to the regions' increased technical improvements. Asia Pacific countries are experiencing increased threats from bordering countries due to which there is increased demand for military communication systems. Asia Pacific region is expected to grow at the highest rate during the forecasted period.
Military communication can be defined as a mechanism by which commanders and their subordinates carry out instructions and command the delivery of information from reconnaissance and other units in contact with the enemy. It encompasses all methods of sending instructions, messages, and reports in the field and at sea and between headquarters and remote asset management installations or ships. Military communication is used to exchange data or information, messages, and thoughts in the form of speech analytics, text, signal, or image. The communication system is essential for the defense sector as it provides real-time information. It also helps to facilitate ground-level missions, navel navigations, observation satellites, air-to-ground and air-to-air military aircraft communication.
Confidentiality and security of military communication are prime requirements for military communication. The rising volume of IP-based data, such as remote sensors data transmitted over standard interfaces and situational awareness video, drives the need for advanced data network security. Securing military satellites against cyberattacks has become increasingly important as cyber resources on the ground, air, space, and ground are vulnerable to various threats. If security is compromised over this point or real-time data is not communicated correctly, it may be an invitation to danger to citizens' life or defense personnel. This can even cause disputes among countries. To avoid all this defense sector of various countries is opting for securing military communication. This is the main driving factor behind the market growth.
Military communication should be secured and confidential, this system has to be developed with high-quality material, and high-level testing needs to be done before deploying these systems. This increases the cost of making this system, one of the restraining factors for military communication market growth. Collaboration in communications across different defense departments or agencies and interoperability are critical issues restraining this market growth.
The increasing use of upgraded Ka-band satellites for communication services presents the military communication market with a great opportunity. The new Ka-band satellite systems include steerable, narrower beams for high-capacity density, which improve network jam resistance for communication platforms while enabling considerable uplink data rates for military activities like ISR and other data-intensive applications. So Ka-band is the favored frequency for today's global and mobile satellite communication. This provides an opportunity for the military communication market.
The events market has many players. Key market players that formulate the competitive landscape of the events market include ASELSAN (Turkey), BAE Systems (UK), Airspace Systems (US), Lockheed Martin (US), Citadel Defense (US) Systematic (Denmark), Northrop Grumman (US), Raytheon (US), Cobham (UK), Iridium (US), Elbit Systems (Israel), General Dynamics (US), Rheinmetall (Germany), Harris Corporation (US), Thales (France), Viasat (US), Inmarsat (UK), Fortem Technologies (US), Leonardo (Italy), CRON Systems (UK), Israel Aerospace Industries (Israel), Rolta (India), Rufus Lab (US), Vantage Robotics (US).
Latest Trends :
- In July 2021, Cobham Ltd. proposed buying UK-based Ultra Electronic Holdings plc for USD 3.6 billion. Ultra Electronics is involved in developing sensors, radar systems, torpedoes, and a range of defense communication equipment.
- In July 2021, Aselsan A.S. reported that it had delivered SANCAK, A next-generation electronic countermeasure system, to the Turkish armed forces (TAF).
- In April 2021, Orbit Communication system Ltd. reported that it had been awarded a contract worth USD 3.1 million from a major European integrator to provide oceanTRx4 Mill satellite communication systems.
- In July 2020, BAE Systems acquired the Collins Aerospace Military Global Positioning System (GPS) business from Raytheon Technologies Corporation.
- In April 2020, Raytheon Technologies Corporation announced the successful completion of the all-stock merger of Equals Transaction between Raytheon Company and United Technologies Corporation.
Military Communication Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2032 |
Study Period | 2018-2032 |
Forecast Unit | Value (USD) |
Revenue forecast in 2032 | US$ 110.74 Billion |
Growth Rate | CAGR of 11% during 2021-2032 |
Segment Covered | by Component, by Applications, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | General Dynamics Corporation,Airbus S.A.S.,QinetiQ Group PLC,BAE Systems PLC,Northrop Grumman Corporation,Rockwell Collins Inc.,Lockheed Martin Corporation,Raytheon Company,Thales Group,Harris Corporation |
Key Segments of Military Communication Market :
Segment by Communication Type :
• Ground-Based Communication
• Underwater Communication
• Airborne Communication
• Air-Ground Communication
• Shipborne Communication
• Others
Segment by Components :
• Communication Management System
• Military SATCOM Terminals
• Military Security System
• Military Radio System
• Others
Segment by Applications :
• Routine Operations
• Situational Awareness
• Command and Control
• Others
Segment by Region :
North America
· U.S.
· Canada
Europe
· Germany
· France
· U.K.
· Rest of Europe
Asia Pacific
· China
· India
· Japan
· Rest of Asia Pacific
South America
· Mexico
· Brazil
· Rest of South America