Press Release Description

Ground Interference Cancellation Market’s Revenue to Upscale with Expanding Progress of the Autonomous Military Vehicles

The Global Ground Interference Cancellation market is anticipated to grow at a CAGR of around 4.9% during the forecast period of 2023-28, says MarkNtel Advisors in their recent research report. Some of the major factors that would lead to the market growth are the surging demand for military tanks & armored vehicles, rising research & development activities towards setting up a secure communication channel for the armored guards, etc. The rising investment in the evolution & manufacturing of ground vehicles for military services across the globe has considerably pushed the market growth for interference cancellation in the historical period.

The factor attributed to the burgeoning investments was to strengthen the military services & preparedness for any war situation. Some advanced features, such as a digital navigation system & IoT sensors to detect situational awareness, have also induced market development. Due to the high demand for vehicles such as Tanks, IFVs, FCVs, etc., along with the growing budget of capital acquisition for military hardware as well as ground vehicles suited for various terrain & environments, result in elevated market growth.

In addition, extensive investments made by several countries, like the US, Germany, and others, in strengthening their military fleets & defense capabilities have significantly propelled the requirements for interference cancellation units worldwide. The increasing geopolitical tension worldwide has forced various developing countries to strengthen their military sector to counter their powerful neighboring countries. In the modernization plan of the military, ground vehicles play a major role due to their mobility & defense power. As a result, the demand for ground vehicles is augmenting to provide soldiers with the most advanced combat platform. For instance, the ongoing Russia-Ukraine war has forced the neighboring Baltic nations of Estonia, Lithuania, and Latvia to modernize their military capabilities to protect their borders & sovereignty.

Moreover, the escalating border tensions worldwide have forced many developing countries, such as India, Taiwan, and others to develop their militaries with the latest ground fighting vehicles & armored fighting vehicles to protect their borders. Additionally, the rising exports & imports of military ground vehicle systems have positively impacted the demand for aviation interference cancellations to provide noise-free communication radio frequency systems to vehicle operators, thus contributing to the market expansion in the following years, further states the research report, "Global Ground Interference Cancellation Market Analysis, 2023."

Radio Frequency (RF) to Procure Largest Market Share in the Forthcoming Years

Based on Interference Cancellation Type, the market is bifurcated into Electronic & Radio Frequency (RF)/Electromagnetic Interference. Among them, Radio Frequency (RF)/Electromagnetic Interference accounts for a substantial share of the market. The surging reliance of ground vehicle systems on sensors, radars, antennas, etc., to effectively communicate between ground stations & military vehicles for conducting a variety of mission-critical duties has supplemented the vehicle's vulnerability to accidents due to a mismatch of information ranging from the high & low levels of RF disturbances. It, in turn, has significantly raised the need for RF interference cancellers for operational excellence.

In addition to this, massive investments by the defense ministries of Russia, the United States, Germany, etc., in deploying next-generation advanced interference cancellation systems toward strengthening their military capabilities would significantly contribute to the overall revenue growth of the Global Ground Interference Cancellation market.

Asia-Pacific to Gain Significant Momentum in the Market

The Asia-Pacific Ground Interference Cancellation Market witnessed considerable growth in recent years, owing to the rising government inclination toward establishing armored vehicle manufacturing to lessen its reliance on imports. In addition, the replacement of aging fleets of infantry & armored fighting vehicles with next-generation vehicles has also positively impacted the regional market growth. Furthermore, a significant surge in domestic production activities of military ground vehicles to fulfill the demand for military fleets in countries such as India, China, etc., to place them along the border, owing to ongoing geopolitical tension among the mentioned countries, is further projected to propel the manufacturing of ground vehicles. Hence, this is anticipated to boost the demand for interference cancellation units in Asia-Pacific in the forthcoming years.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, including Northrop Grumman Corporation, TrellisWare Technologies, Inc., BAE Systems, Thales Group, L3Harris Technologies, Cobham Defence Communications, GenXcomm Inc., Kumu Networks, MagiQ Technologies Inc., Kratos Defense & Security Solutions, and Others. are looking forward to strengthening their market position.

Key Questions Answered in the Research Report

  1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
  2. What are the trends influencing the current scenario of the market?
  3. What key factors would propel and impede the industry across the regions?
  4. How has the industry been evolving in terms of geography & product adoption?
  5. How has the competition been shaping across various regions?
  6. How has the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2018-28?
  7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?