Man Portable Military Electronics Market Is Expected to Grow at a CAGR of Around 5% Worldwide During 2016-2021
Global Man Portable Military Electronics Market by Product Types (Communication, Command & Control, EO/IR, ISTAR, Force Protection and Ancillary Electronics), and by Geography- Forecast to 2021
Pune, India -- (SBWire) -- 06/16/2017 --The global Man Portable Military Electronics market is expected to grow at a CAGR of around 5% during 2016-2021. 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.
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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.
As of 2015, Americas account 65% of the market share. It is likely to reach Lucrative billions by 2021, 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.
-FLIR Systems Inc,
Study Objectives of Man Portable Military Electronics
To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the global Man Portable Military Electronics market
To provide insights about factors affecting the market growth
To Analyze the Man Portable Military Electronics market based on various factors- price analysis, supply chain analysis, Porters five force analysis.
To provide historical and forecast revenue of the market segments and sub-segments with respect to six main geographies and their countries- North America, Europe, Asia-Pacific, South America, Middle East, and Africa
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by product types and by regions
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, and new product developments in the global Man Portable Military Electronics market
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The report also covers country level analysis.
-Americas (North & Latin)
Rest of Europe
-Asia – Pacific
Rest of Asia-Pacific
-Middle East & Africa
Rest of Middle East & Africa
The market report for Man Portable Military Electronics of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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We are thankful for the support and assistance from Global Man Portable Military Electronics Market Research Report - Forecast to 2021 chain related technical experts and marketing experts during Research Team survey and interviews.
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