Research and Markets has launched findings of its report that sets the compound annual growth rate of the global man-portable military electronics market at 4.51 percent from 2014 to 2019.
The report features an analysis of five tier-one market vendors and presents factors that Research and Markets believes will drive the market over the forecast period, Research and Markets said Nov. 13.
Research and Markets added that military downsizing in the U.S. and Europe will pose challenges to the development, maintenance and procurement efforts for man-portable military electronic systems.
The report profiles key companies such as:
- Elbit Systems
- Exelis (now part of Harris)
Other prominent vendors include:
- FLIR Systems
- Harris Corp.
- Rockwell Collins
- Thales Group