The global military satellite market valued US$11.8 billion in 2012, and will increase at a CAGR of 3.9% during the forecast period, to reach US$17.3 billion by 2022.

 The global military satellite market valued US$11.8 billion in 2012, and will increase at a CAGR of 3.9% during the forecast period, to reach US$17.3 billion by 2022. The market consists of three categories: communications, ISR and navigation. The communications segment is expected to account for 52.8% of the global military satellite market, followed by the ISR segment with a share of 28.4%, and navigation with the remaining 18.8%.


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Global military communications & COTS market will reach $17.46bn in 2013

Effective, efficient and reliable military communications remain one of the most integral components of any modern military force. Diverse yet highly connected, network centric theatres of operations demand robust, wide ranging and accurate communications equipment and services in order to share, process and distribute vital real-time situational data. As a consequence, investment in military communications systems and services is set to continue throughout the next decade, despite significant budget cuts, economic limitations and potential technological challenges. Visiongain has therefore determined that the value of the global military communications & COTS market will reach $17.46bn in 2013.
 
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The Man-Portable Military Electronics Market is valued at $2.77bn indicating the considerable business opportunities available

With a very mature collection of technologies proven in combat by the US, the Military man-portable electronics market shows potential for strong growth as other countries seek to modernise their soldiers' equipment. Although the very high end of the market is expected to suffer from budget cuts in the US and Europe as well as the ISAF withdrawal from Afghanistan, simpler devices such as soldier radios, night vision goggles, laser designator and rangefinders, are likely to thrive in markets currently lacking such capabilities. Currently, the man-portable military electronics market is valued by at $2.77bn indicating the considerable business opportunities available.
 
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The Military Fighter Aircraft Market Is Set For A Period Of Great Activity

The military fighter aircraft market is set for a period of great activity over the coming decade, as the demand for 5th generation fighter jet capability continues among the world's leading military nations. Budget restraints and spiralling costs related to fighter aircraft programmes will act as a drag on the market; however the advent of major projects such as the F-35 Joint Strike Fighter (JSF), coupled with increased procurement from emerging nations, will drive the military fighter aircraft market at $34.37bn in 2012.

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