SIGNAL JAMMER MARKET ANALYSIS
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.
Geographies covered: North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
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