Signal Jammer Market Growing at a CAGR of 4.94% During 2017 to 2021
PUNE, India, March 27, 2017 /PRNewswire/ --
ReportsnReports.com adds Global Signal Jammer Market 2017-2021 latest research report. The global signal jammer market is currently valued at more than USD 3 billion and is expected to reach USD 4 billion by 2021. Growing military expenses and regular upgrades of weapon systems is the fundamental driving force behind the demand for signal jammers.
Browse 16 Exhibits, 3 Major Company Profiles, spread across 64 pages available at http://www.reportsnreports.com/reports/917370-global-signal-jammer-market-2017-2021.html.
The global signal jammer market analyst says there have been advances in the radio technology for communication from analog to digital, and now wideband radios. These advances have helped in the development of a new generation of jammers. These advances have been achieved with the technology upgrading of semiconductor devices such as CMOS and transistors. Such technological changes include the development of low-power and multi-range functionalities in semiconductor chips.
The following companies are the key players in the global signal jammer market: BAE Systems, Northrop Grumman, and Raytheon. Other prominent vendors in the market are: HSS Development, Harris, Israel Aerospace Industries, Lockheed Martin, MCTECH TECHNOLOGY, NDR Resource International, Stratign, and WolvesFleet Technology. Order a copy of Global Signal Jammer Market 2017-2021 research report at http://www.reportsnreports.com/purchase.aspx?name=917370.
According to the signal jammer market report, one of the key drivers for the demand of signal jammers is the growing military expenses and regular upgrades of weapon systems. In all warfare, communication plays an important role. Jammers have been used as an important device in different war strategies for disrupting communication is it between the pilot and the base station or to misguide enemy missiles and military aircraft.
The defense sector needs to invest into keeping up to date with all technologies to stay abreast in the global scenario. With increased connectivity, firms are now looking to improve the affordability of their products while increasing competitiveness via constant investments towards R&D to launch advanced jammers. Firms such as Raytheon are heavily investing into R&D to provide jammers with next generation capabilities to counter increasingly sophisticated threats from an enemy or hostile countries at lower costs.
Global Signal Jammer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global signal jammer market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of signal jammers.
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