Pune, India -- (SBWIRE) -- 04/26/2018 -- Man Portable Military Electronics Market –Overview

Man portable military electronic systems include the mobile communication products and MAVs that are used for the transmission and reception of video, voice and data signals, and to provide intelligence, surveillance, and reconnaissance (ISR), essential in military operations. The facilitation of man portable electronics has become an effective means for defense authorities to enhance the safety and capabilities of their units. The defense authorities invest heavily on C3ISR systems to enhance national security and extract data from potential enemies. Also, the defense industry is shifting to a new generation of sophisticated electronic systems that enables faster, secure, less costly and more flexible communications.

Moreover, in an attempt to make amends with the challenging concerns of the 21st-century digital warfare, the US Army is developing wearable solar cells that are to be integrated into the soldier uniforms. It is aimed at supplying power to troops laden with electronic devices and deployed to remote battlefields. For example, in 2014, Bionic Power, a Vancouver-based vendor developed a knee brace that captures the kinetic energy of a marching soldier and supplies it to portable electronic devices. It is named as the PowerWalk M-Series, which could supply up to 12 watt-hours of electricity and charge three smartphones. During the same period, Bionic Power also signed a contract with the Canadian Department of Defense (DOD) and the Defense Advanced Research Projects Agency (DARPA) to test the PowerWalk.

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Major Key Players

The leading market players in the global man portable military electronics market primarily include Elbit Systems, SAAB AB, Exelis Inc, Codan, Aselsan, FLIR Systems Inc, Harris Corporation, Rockwell Collins, Safran, and Thales Group.

Man Portable Military Electronics Market – Competitive Analysis

The global man portable military electronics market is highly competitive, and vendors compete on the basis of cost, product quality, reliability, and aftermarket service. In order to survive and succeed in such an intensely competitive environment, it is crucial for vendors to provide cost-effective and high-quality man portable military electronics systems with latest technology and materials. Elbit Systems and SAAB AB are the two leading vendors in the market. Their focus is primarily on the implementation of light-weight materials, more electric technologies, and robust systems.

Mergers and acquisitions, along with increased collaboration with alliance partners around the world, would drive the global man portable military electronics market, in the forecast period. In 2015, Data Link Solutions LLC was formed, as a result of the joint venture of BAE Systems and Rockwell Collins to provide support to the military assets globally. The joint venture would enhance the company's position in the market and enable direct access to the local customers.

Industry/ Innovation/ Related News:

March, 2018:- It was reported that the US Army would be moving towards cloud computing for better networking among the soldiers.
March, 2018:- It was reported that the US Army is developing a new metal detector, which would enable the soldiers to find the buried bombs.

Man Portable Military Electronics Market – Segments

For the convenience of the report and enhanced understanding; the man portable military electronics market is segmented in to four key dynamics:
Segmentation by Product Type: Communications, ISTAR, Command and Control, and Others.
Segmentation by Platform: Airborne, Naval, and Land-based.
Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Man Portable Military Electronics Market – Regional Analysis

The Latin American region has witnessed a major growth in its defense sector, in the past decade. Among all the countries in the region, Brazil is expected to grow at a significant rate, owing to established defense market in the country. Furthermore, it was reported that the country spent approximately USD 19.5 billion on military operations, exercises, and equipment, in 2016, accounting for 47.5% of the overall spend in the Latin American region, in the same year. Therefore, it is expected that there would be a significant growth in the market for the region.

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