PUBLISHER: Lucintel | PRODUCT CODE: 1456145
PUBLISHER: Lucintel | PRODUCT CODE: 1456145
Naval Communication Trends and Forecast
The future of the global naval communication market looks promising with opportunities in the command and control, intelligence surveillance and reconnaissance, and routine operation markets. The global naval communication market is expected to reach an estimated $4.7 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are rising need for cyber protection and rising use of advanced communication systems in naval operations.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Naval Communication by Segment
The study includes a forecast for the global naval communication by platform, system technology, application, and region.
List of Naval Communication Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies naval communication companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the naval communication companies profiled in this report include-
Naval Communication Market Insights
Lucintel forecasts that ship is expected to witness the highest growth over the forecast period.
Within this market, command and control is expected to witness the highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Naval Communication Market
Market Size Estimates: Naval communication market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Naval communication market size by platform, system technology, application, and region in terms of value ($B).
Regional Analysis: Naval communication market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different platforms, system technologies, applications, and regions for the naval communication market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the naval communication market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the naval communication market size?
Answer: The global naval communication market is expected to reach an estimated $4.7 billion by 2030.
Q2. What is the growth forecast for naval communication market?
Answer: The global naval communication market is expected to grow with a CAGR of 5.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the naval communication market?
Answer: The major drivers for this market are rising need for cyber protection and rising use of advanced communication systems in naval operations.
Q4. What are the major segments for naval communication market?
Answer: The future of the naval communication market looks promising with opportunities in the command and control, intelligence surveillance and reconnaissance, and routine operation markets.
Q5. Who are the key naval communication market companies?
Answer: Some of the key naval communication companies are as follows:
Q6. Which naval communication market segment will be the largest in future?
Answer: Lucintel forecasts that ship is expected to witness the highest growth over the forecast period.
Q7. In naval communication market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.