PUBLISHER: IMARC | PRODUCT CODE: 1519466
PUBLISHER: IMARC | PRODUCT CODE: 1519466
The global man portable military electronics market size reached US$ 4.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.4 Billion by 2032, exhibiting a growth rate (CAGR) of 3.87% during 2024-2032. Increasing need for advanced communication systems, rising focus on soldier modernization programs, surging demand for unmanned systems and robotics, and escalating need for advanced surveillance and reconnaissance systems represent some of the key factors driving the market.
Man-portable military electronics are cutting-edge devices that play a vital role in modern warfare. They are designed to be carried and operated by individual soldiers, providing them with enhanced situational awareness, communication capabilities, and tactical advantages on the battlefield. They are constructed with robust materials and advanced technologies and are built to withstand harsh environments and the rigors of combat. Man-portable military electronics typically consist of several key components, including a ruggedized casing, a power source (such as batteries or fuel cells), a processor, memory, various sensors (such as GPS, thermal imaging, and night vision), wireless communication modules, and display interfaces. The components perform critical functions, such as real-time intelligence gathering, target acquisition, navigation, communication with command centers, and data sharing among troops. Their advantages are manifold, including enhanced situational awareness of soldiers, allowing them to identify and assess threats accurately. Moreover, they facilitate seamless communication between troops, improving coordination and synchronization on the battlefield. In comparison to traditional methods, man-portable military electronics offer a significant improvement in mobility, agility, and efficiency as they consolidate multiple functionalities into a compact and lightweight form factor. Currently, handheld radios, ruggedized tablets, personal navigation devices, and individual soldier systems are some of the commonly available product variants.
The increasing need for advanced communication systems on the battlefield has surged the demand for man portable military electronics that provide reliable and secure communication channels for soldiers. This is further bolstered by the rising focus on soldier modernization programs by defense agencies. In line with this, governments of various nations are investing in advanced equipment and systems to enhance the capabilities of their soldiers in the field, which is acting as another growth-inducing factor. Concurrent with this, the growing emphasis on lightweight and portable electronics for enhanced mobility has compelled key manufacturers to develop compact and rugged devices, further fueling the market growth. Additionally, the increasing demand for unmanned systems and robotics in military operations and the rising military expenditure are contributing to the market growth. Moreover, the growing focus on soldier safety and security and the escalating need for advanced surveillance and reconnaissance systems are providing an impetus to the market growth.
IMARC Group provides an analysis of the key trends in each segment of the global man portable military electronics market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on product, application, and end user.
Portable Radio
Weapon Sight and Scopes
Thermal Imaging Systems
M-UAV (Mini Unmanned Aerial Vehicles)
Others
The report has provided a detailed breakup and analysis of the man portable military electronics market based on the product. This includes portable radio, weapon sight and scopes, thermal imaging systems, M-UAV (mini unmanned aerial vehicles), and others.
ISTAR (Intelligence, Surveillance, Target Acquisition and Reconnaissance)
Communication
Command and Control
Optronics
Force Protection
Others
A detailed breakup and analysis of the man portable military electronics market based on the application has also been provided in the report. This includes ISTAR (intelligence, surveillance, target acquisition and reconnaissance), communication, command and control, optronics, force protection, and others. According to the report, communication accounted for the largest market share.
Army
Navy
Airforce
Homeland Security
The report has provided a detailed breakup and analysis of the man portable military electronics market based on the end user. This includes army, navy, airforce, and homeland security. According to the report, army represented the largest segment.
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for man portable military electronics. Some of the factors driving the North America man portable military electronics market included rising defense expenditure, technological advancements, and increasing demand for integrated systems that offer multiple functionalities.
The report has also provided a comprehensive analysis of the competitive landscape in the global man portable military electronics market. Detailed profiles of all major companies have been provided. Some of the companies covered include Elbit Systems Ltd., General Dynamics Corporation, L3Harris Technologies Inc, Leonardo S.p.A., Safran, Thales Group, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.