Naval Communication Market is predicted to reach USD 5.06 billion at a CAGR of 5.60% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Naval Communication Market”.


The Naval Communication market is estimated to register a CAGR of 5.60% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global Naval Communication market— Danelec Marine A/S,Furuno Electric Co. Ltd,Periskal Group,Northrop Grumman Corporation,Wärtsilä Corporation,Raytheon Technologies Corporation,FLIR Systems Inc.,Safran SA,Honeywell International Inc.,Kongsberg Gruppen ASA,Thales Group


Market Highlights


The global Naval Communication market is accounted to register a CAGR of 5.60% during the forecast period and is estimated to reach USD 5.06 Billion by 2032.


As naval forces updated their communication systems, the market for naval communications grew. The expansion of the market was being driven by developments in satellite technology, secure data transmission, and communication network integration. Demand was spurred by the requirement for improved situational awareness and seamless communication in marine operations. Consult current sources and industry studies for the most recent statistics.


Segment Analysis


The global naval communication market has been segmented into application, platforms and system technology.


On the basis of application, the market is segmented into command and control, intelligence surveillance and reconnaissance (ISR), routine operations and others. The command and control segment dominated the market in 2022. In fields like defense and emergency services, where the outcomes of operations may have life-or-death ramifications, reliable and robust C2 systems are essential.


Based on platforms, the global naval communication market has been segmented into ships, submarines and unmanned system. The ships category generated the most income in 2022. The growth of international trade and the need for efficient cross-border transportation of goods are the main factors driving the demand for cargo ships and container ships.


Based on system technology, the global naval communication market has been segmented into naval satcom system, naval radio systems, naval security systems and communication management systems. The naval satcom system segment dominated the market in 2022. A vast variety of terrain, including open oceans and remote areas, is covered by modern fleets.


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Regional Analysis


The global naval communication market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Naval Communication market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Naval Communication market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Naval Communication market comprises of Middle East, Africa, and Latin America.


The North America naval communication market dominated this market in 2022 (45.80%). In order to sustain its naval activities abroad, the United States, for instance, maintains a global naval presence and needs advanced communication networks. One must be able to project power and retain situational awareness in order to preserve national interests and safeguard marine security.


Moreover, Europe naval communication market accounts for the second-largest market share. Geopolitical tensions, territorial disputes, and worries about maritime security define Europe's maritime zone. As a result, to successfully coordinate operations, track maritime activity, and react to possible threats, naval forces in Europe place a high priority on reliable and secure communication technologies.


Additionally, the Asia-Pacific naval communication market is expected to grow at the fastest CAGR from 2023 to 2032. International trade and economic activity are centered in the Asia-Pacific area. Systems for effective marine communication are essential for managing congested shipping lanes, promoting trade, and maintaining maritime safety.


Furthermore, due to naval forces' modernisation initiatives, the naval communication industry in Latin America is expanding. Expansion was being driven by improvements in satellite technology, secure data transmission, and integrated communication networks. Demand was rising as a result of the region's emphasis on improving maritime operations and situational awareness. Consult current sources and industry studies for the most up-to-date insights.


Key Findings of the Study



  • The global naval communication market is expected to reach USD 5.06 Billion by 2032, at a CAGR of 5.60% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market due to the International trade and economic activity are centered in the Asia-Pacific area

  • Based on platforms, the ships segment was attributed to holding the largest market in 2022.

  • Danelec Marine A/S,Furuno Electric Co. Ltd,Periskal Group,Northrop Grumman Corporation,Wärtsilä Corporation,Raytheon Technologies Corporation,FLIR Systems Inc.,Safran SA,Honeywell International Inc.,Kongsberg Gruppen ASA,Thales Group.

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