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Military Radio System Market Trends

ID: MRFR//2909-CR | 111 Pages | Author: Swapnil Palwe| April 2023

Global Military Radio System Market Overview

Military Radio System Market Size was valued at USD 8.569 billion in 2023. The Military Radio System market industry is projected to grow from USD 8.954605 Billion in 2024 to USD 12.18598 billion by 2032,exhibiting a compound annual growth rate (CAGR) of 3.93% during the forecast period (2024 - 2032). Increased advancements in handheld radios and advancements in technologies such as software-defined radios (SDR). Military radios assist during military exercises as they help communicate confidential information to military personneland are the key market drivers enhancing market growth.

Military Radio System Market

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Military Radio System Market Trends

Growing security of military communications is driving the market growth

The privacy and security of military communications is the primary requirement of the defense sector. The increasing volume of IP-based data, such as situational awareness video and remote sensor data transmitted over standard interfaces, drives the need for advanced data network security. Moreover, securing military satellites against cyberattacks has become increasingly crucial as cyber resources on the ground, air, and space are vulnerable to various threats. As military communication data and network infrastructure are critical, security breaches may risk citizens' safety. To avoid this, the defense sector is adopting secure military communications solutions. For instance, in October 2017, the US Air Force introduced military-code or M-Code, an advanced GPS signal, to improve anti-jamming, protection from spoofing, and secure access to military GPS signals. The US Air Force awarded a USD 45.5 million contract to Lockheed Martin to provide M-code early-use capability to the GPS satellites. In the same year, for secure satellite communications, the US Army planned to buy backpack-sized radios that could operate on the Navy's Mobile User Objective System (MUOS) waveform to provide secure voice and data services. Thus, this factor drives the market CAGR of military radio systems.

Additionally, there is a growing emphasis on increasing investments toward integrating advanced technologies like machine learning and artificial intelligence into communication solutions to enhance military communication. This is also expected to propel market growth in the coming years.Furthermore, growing investment in IoT-based communication systems to enhance defense operations drives the Military Radio System market revenue growth.

Military Radio System MarketSegment Insights

Military Radio System Type Insights

Based on Type, the Military Radio System Market segmentation includes Manpack and Vehicular Radios. The vehicular radios segment dominated the market in 2022 and is expected to register a higher CAGR over the assessment period. Vehicle-mounted devices-mobile two-way radios assist in effective communication and data transfer among the troops stationed in and around a battlefield. Hence, the segment is expected to register a higher CAGR during the forecast period.

For Instance, August 2022 BAE Systems unveiled its latest deployable networking product, NetVIPR, which provides intelligent and secure military communication networks linking everything from small reconnaissance drones to combat vehicles, fighter jets, aircraft carriers, or military commands.

Figure1: Military Radio System Market, by Type, 2022 & 2032 (USD billion)

Military Radio System Market, by Type, 2022 & 2032 (USD billion)

Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

Military Radio System End User Insights

Based on End User, the Military Radio System Market segmentation includes Naval, Ground Force, and Air Force. The ground force segment dominated the market in 2021 and is expected to be the fastest-growing segment during the review period. The growth is attributed to an increase in military expenditure across various regions. Furthermore, the need to upgrade military infrastructure is expected to encourage market growth over the assessment period.

For Instance, April 2020 Raytheon Technologies Corporation announced the successful completion of the all-stock merger of Equals Transaction between Raytheon Company and United Technologies Corporation. The combined company expects to introduce breakthrough technologies at an accelerated pace across high-value areas, such as hypersonic, directed energy, avionics, and cybersecurity.

For Instance, March 2020 Lockheed Martin awarded contract to develop Prototype Protected Tactical Satellite Communications payload.

Military Radio System Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American military radio system market will dominate this market;the growth is attributed to the highest defense expenditure, growing focus on improving military communication capabilities, and procurement of next-generation communication devices. This will boost the market growth in this Region.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.



Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe Military Radio System market accounts for the second-largest market share due to technological advancements such as software-defined radios (SDR). Further, the German Military Radio System market held the largest market share, and the UK Military Radio System market was the fastest-growing market in the European Region.

The Asia-Pacific Military Radio System Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the Rise in the occurrence of natural disasters and increases in terrorist activities are also expected to encourage emergency response teams to use tactical radio devices to reduce causalitiesand ensure the safety of citizens. Moreover, China’s 0Military Radio System market held the largest market share, and the Indian Military Radio System market was the fastest-growing market in the Asia-Pacific region.

Military radio system Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the military radio system market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The military radio system industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global Military Radio System industry to benefit clients and increase the market sector. In recent years, the Military Radio System industry has offered some of the most significant advantages to the military. Major players in the Military Radio System market, including BARRETT Communications (Australia), Leonardo SpA (Italy), Harris Corporation (US), Radmor SA (Poland), Thales Communications & Security SAS (France), Codan Limited (Australia), Elbit Systems Ltd (Israel), FLIR Systems (US), Safran SA (France), and Selex ES (Italy).and others, are attempting to increase market demand by investing in research and development operations.

The Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and Technology Corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in Washington, D.C. Lockheed Martin awarded a contract to develop a Prototype Protected Tactical Satellite Communications payload.

Key Companies in the military radio system market include

  • BARRETT Communications (Australia)

  • Leonardo SpA (Italy)

  • Harris Corporation (US)

  • Radmor SA (Poland)

  • Thales Communications & Security SAS (France)

  • Codan Limited (Australia)

  • Elbit Systems Ltd (Israel)

  • FLIR Systems (US)

  • Safran SA (France)

  • Selex ES (Italy)

Military Radio System Industry Developments

For Instance, January 2020 Cobham signed a contract with Boeing for a Cockpit connectivity solution.

For Instance, June 2018 Northrop Grumman received a 7-year, USD 866 million contract from the US Air Force to sustain and modify a worldwide network.

For Instance, May 2022 General Dynamics Mission Systems announced that it was awarded a contract from the National Security Agency (NSA) to design, develop, test, and deliver a certifiable 400 Gbps high-assurance encryption solution compliant with the Ethernet Data Encryption Cryptographic Interoperability Specification (EDE-CIS).

Military Radio System Market Segmentation

Military Radio System Type Outlook

  • Manpack Radios

  • Vehicular Radios

Military Radio System End User Outlook

  • Naval

  • Ground Force

  • Air Force

Military Radio System Regional Outlook

  • North America

    • US

    • Canada

  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific

  • Rest of the World

    • Middle East

    • Africa

    • Latin America

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