Top Trend in Global Man-Portable Military Electronics Market - Increasing Joint R&D Programs Between Government and Manufacturers

The main driving force behind the growth of the global man-portable military electronics market is the growing soldier modernization programs contracted by military forces around the world. Nations such as the U.S., India, France, and Australia have undertaken military modernization initiatives on a grand scale. These long-term programs will continue to add to the demand for man-portable military electronics in the foreseeable future.

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Another factor driving the global man-portable military electronics market is the increasing demand for innovative man-portable equipment that is more compact, lighter, and uses less power. The growing demand for miniature UAVs will also push the category sales in the man-portable military electronics market. Furthermore, introduction and integration of cognitive radios with other communication systems will fuel the growth of the global man-portable military electronics market.

On the other hand, lack of technological capabilities that enable network-centric military communications for man-portable electronics will suppress this market. Additionally, growing defense budget cuts globally will also somewhat constrict the growth of the global man-portable military electronics market.

Joint R&D Programs to Significantly Influence Global Man-portable Military Electronics Market

One of the most influential trends shaping the global man-portable military electronics market is the rising number of joint research and development programs between the manufacturing companies and government. Some of the top programs in this industry include JTRS HMS program, F-INAS (Future Infantry Soldier as a System) program, FN-6 MANPADS procurement, Night Vision Devices and Thermal Weapon Sights procurement, and Software and Systems Engineering Services program.

According to a leading...