The global man-portable military electronics market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors propelling the growth of the global man-portable military electronics market include rising terrorist threats and growing military budget by countries globally which enabled militaries to acquire more man-portable military electronic equipment to improve their land-based fighting capabilities.
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The major players contributing to the growth of the global man-portable military electronics market by adopting various strategies such as product launches & developments, mergers and acquisitions, partnerships, and agreements, include L3Harris Technologies Inc., Collins Aerospace (United Technologies Corporation), General Dynamics Corporation, Cobham PLC, Thales Group, among others., among others. For instance, in July 2021, the Defense Research and Development Organisation (DRDO) of India performed the tests of Man-Portable Antitank Guided Missile (MPATGM) and the New Generation Akash Missile (Akash-NG). MPATGM is a low weight man-portable anti-tank missile launched by the troop-portable launcher which is equipped with a thermal sensor and is made in India.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Man-Portable Military Electronics Market by Segments
By Type
- Communication
- Command & Control
- Ancillary Electronics
- EO/IR (Electro-Optical/Infrared)
- ISTAR (Intelligence, Surveillance, Target Acquisition, and Reconnaissance)
- Force Protection
By Equipment
- Radar
- Imaging System
- Others
Global Man-Portable Military Electronics Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
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