Strategic Defence Intelligence Market Research Reports

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Global Man-Portable Military Electronics Market 2017-2027

Posted on 24 October 2017 | 12:00 am by

Man-portable electronics market is expected to increase to US$6.4 Billion by 2027, representing a CAGR of 3.29% during the forecast period (2017-2027). Rapidly increasing demand for lighter but advanced man-portable electronic systems, demand for miniature UAVs, and soldier modernisation initiatives being undertaken by defense ministries across the world have stimulated demand for man-portable electronic systems globally. Communication man-portable electronics segment is expected to account for the highest proportion of spending, followed by the markets for ISTAR and force protection systems. Rapidly growing demand for communication devices, primarily on account of maritime border disputes between neighboring countries and demand from outstation soldiers, has driven the market in past years. Over the forecast period, communicat



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