The global signal jammer market is currently valued at more than USD 3 billion and is expected to reach USD 4 billion by 2021, says Technavio.
Technavio has announced its latest market research report on the global signal jammer market, under its computing devices portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of the key vendors such as BAE Systems, Northrop Grumman, and Raytheon.
According to Sunil Kumar Singh, a lead analyst for computing devices research at Technavio, “Jammers find application in different war strategies for disrupting communication. Growing military expenses and regular upgrades of weapon systems is the fundamental driving force behind the demand for signal jammers.”
In the US, being an important part of the defense systems, signal jammers find continued investment from the funding for the radar and EW systems to empower the military radio systems. The total EW funding for the research development test and evaluation (RDT&E) in 2017 is around $298 million.
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Increasing dependency of businesses on GPS-based applications
From navigating traffic to placing and tracking orders online, GPS plays an important role for many businesses. As a result, several startups and SMEs, as well as big firms, have developed their business models based on GPS. The increased adoption of GPS, a trend that is likely to continue through the forecast period, is anticipated to reflect positively on the demand for signal jammers.
Ease of building software reprogrammable radios and related systems
Technological advancements such as the development of low-power and multi-range functionalities in semiconductor chips are projected to facilitate the growth of the global signal jammer market over the next four years. Other software developments include gathering the requirements and accordingly making necessary changes to the existing requirements to correct the deficiencies identified by the fleet operators.
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This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Signal Jammer Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Mobile Signal Booster Market 2017-2021
- Global Transceiver Chip Market 2016-2020
- Global Telecom IoT Market 2016-2020
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