Christy Publications Signal Jammer Market | Page 2
Insights analysis, the global R&D expenditure in aerospace & defense sector was US$ 30.4 billion
in 2016 up from US$ 29.8 billion in 2015.
Signal Jammer Market Taxonomy
On the basis of application, the global signal jammer market is classified into:
Military and defense
Home security
Military and defense segment held the dominant position in the global signal jammer market in
2016 and is projected to retain its dominance throughout the forecast period. The high
governmental support to use the signal jammer in military and defense application acts as a key
driver for the growth of the signal jammer market in the sector. The U.K. uses drone jammer
technology, which helps track the UAV flown by terrorists. Similarly, the Russian government
has taken initiatives to upgrade the helicopter fleet and the U.S. government has given contract
award to Lockheed Martin for the testing and development of long range radar. Such
government initiatives play a significant role in the growth of signal jammer market over the
forecast period.
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Signal jammer Market Outlook – North America holds the largest market share
On the basis of geography, global signal jammer market is classified into North America, Europe,
Asia Pacific, Latin America, and Middle East and Africa. North America held the dominant
position in the global signal jammer market in 2016 and is projected to retain its dominance
throughout the forecast period. Due to the presence of major venders such as Northrop
Grumman Corporation, Raytheon, Harris Corporation, and Lockheed Martin, the region
witnesses immense growth potential. In addition to this, the high R&D investment by the U.S.
in aerospace & defense segment will also add to the signal jammer market growth. According
to Coherent Market Insights analysis, the U.S spent US$ 14.3 billion in aerospace & defense R&D
in 2016. The increasing R&D spending by the U.S. is projected to propel the signal jammer
market growth as well.