Global Military Land Radio Market and Technology Forecast 2021- 2031
Share This Post
End Market Analysis forecasts global land military radio expenditure will approach $7.2 billion in 2031, representing a CAGR of 3.2%. This analysis looks at the total land radio sector comprising fixed, vehicular, manpack, handheld radios as well as radio relay microlink and other systems. Trends driving spending on the land military radio systems will be underpinned by software defined technology, radio-SATCOM connectivity and radio integration with network-centric IP-based communications. Land-based Vehicular radio will represent the largest market in dollar terms and Hand-held radio in terms of total shipments. The North America will continue to lead the regional markets with $2.6 billion spend on radio by 2031, followed by Asia Pacific with $2.2 billion.
