Posted By Coherent Market Insights
Posted on September 16, 2021
United States/WA: Signal Jammer Market Will Boom In Near Future
Report Pages:[130 Pages]
Market Overview:
A Signal Jammer is a type of software that disrupts the signal being used by a cellular telephone network. Signal jammer is done intentionally to interfere with other wireless communication devices. Signal jammer refers to blocking or limiting the signal being used by a cellular telephone network in order to prevent interference. Commonly called cell-blockers, signal jammers, GPS jammers, cell stoppers, or text messengers, a signal jammer effectively holds up the cellular signal in a certain area, generating a form of signal clutter that effectively blocks all communication coming in and going out from that particular area. Some common uses for a signal jammer are allowing emergency or safety dispatchers to better communicate with the outside world, preventing or reducing traffic jams caused by excessive traffic, and jamming cellular phones to prevent interruptions caused by emergencies or dangerous situations.
Competitive Landscape:
Major players operating in the global signal jammer market include WolvesFleet Technology, Stratign, NDR Resource International, MCTECH TECHNOLOGY, Lockheed Martin, Israel Aerospace Industries, Harris Corporation, HSS Development, Raytheon, Northrop Grumman Corporation, and BAE Systems.
Key Market Drivers:
The increasing military activities in the world is the main factor that is augmenting the growth of the global signal jammer market. For instance, according to World Bank, total military personnel in the world in 2018 was reported at around 27642295. Moreover, the increasing product launches by key market players along with high investment in the armed forces are expected to fuel the growth of the global signal jammer market.
Covid-19 Impact Analysis
The COVID-19 affected the global economy adversely and the impact has been very strong on every sector of the world, which also includes the electronics sector. There was a huge absence of laborers in the production plants, especially in the developed nations, where cases were very high, such as the United States. For instance, according to World Health Organization, in the U.S. from 3rd January 2020 to 24th August 2021 there have been around 7,588,957 confirmed cases of COVID-19 along with 623,900 deaths directly attributed to the virus. These factors affected the growth of the global signal jammer market negatively.
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Key Takeaways
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The size of the global signal jammer market was evaluated at around US$ 2619.2 million in 2019 and is projected to increase at a CAGR of 5.1% to reach around US$ 4407.9, owing to the increasing product launches by key market players. For instance, in September 2020, L3Harris Technologies, Inc. was awarded a contract of around US$ 104.0 million in order to produce and deliver Integrated Defensive Electronic Countermeasures jammer systems in order to secure the Super Hornet and F/A-18 Hornet Aircraft from electronic dangers.
- North America is expected to hold a major share of the global signal jammer market, owing to the increasing prevalence of key market players in the region. For instance, in January 2021, the US Navy awarded a contract of US$ 4.0 million to BAE Systems in order to demonstrate the RFCM system’s ability for increasing the security capability of a new generation US Navy Aircraft called P-8A Poseidon. Moreover, the increasing investments in military activities are expected to enhance the growth of the market.
- The Asia Pacific is expected to witness significant growth in the global signal jammer market, owing to the increasing military activities in the region. For instance, according to India Today, the total expenditure on defense in India is around 15.5% of the total budget of the central government and around 2.1% of the nation’s gross domestic product for the year 2020-21. Moreover, the increasing expansion of the security electronics market is expected to create traction.
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