Man Portable Military Electronics Market is Expected to Grow at a CAGR of 4.2% from 2020 to 2030

Global Man Portable Military Electronics Market is expected to grow at a CAGR of around 4.2% from 2020 to 2030. The factors driving the growth are growing demand for battlefield surveillance radar, investments on portable military electronics products, and growing demand for micro air vehicles.    

Whereas, technological integration, budget cuts and military downsizing are some of the factors restraining the market.  One of critical and most important challenges is to maintain the effectiveness of man portable electronics systems and reducing the equipment weight the same time, which requires investments, extensive R&D, and technological advancements.

Americas to dominate the Global Man Portable Military Electronics Market in 2021 As of 2015, Americas account 65% of the market share, growing at a CAGR of around 4%. With the increased defense spending and procurement of next generation portable electronics, APAC will register the highest growth and drive the demand for man portable military electronics market.  

This report includes a study of strategies of major market players in the Global Man Portable Military Electronics Market include Elbit Systems, SAAB AB, Exelis Inc, Codan, Aselsan, FLIR Systems Inc, Harris Corporation, Rockwell Collins, Safran, and Thales Gorup.

 

This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Man Portable Military Electronics Market, including the high-growth regions, countries and their political, economical and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.