Thursday 30 January 2020

Tactical Communication Market Size & Share – Industry Trend and Forecast 2019 – 2026

This Fact.MR Report examines global tactical communication market for the forecast period 2017–2026. The prime purpose of the report is to find opportunities and trends in the market and provide insights pertaining to segments of the global tactical communication market.

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Global tactical communication market is anticipated to witness significant revenue growth over the forecast period. High technological advancement in tactical communication devices such as German Enigma machine across the globe is one the major factor which drive the tactical communication market over the forecast period. Moreover, significantly growing defense spending along with high mergers & acquisition among major players across various countries such as USA, Germany, India, China etc. leads the global tactical market towards high growth over the forecast period. Rapidly growing cyber security issues for digital communication devices is the major restraining factor which hinders the global tactical communication market to grow with a rapid rate.

The global tactical communication market is segmented as follows:

On the basis of product type the market is segmented into the following:


Manpack radio
Handheld radio
Vehicular inter-communication radio,
High capacity data radio
Multiband radio
Networking radio
SATCOM
VHF/UHF radio
Video Processors
Other product type
Manpack & handheld radio product type capture high market share, owing to its growing demand for transmitting high speed voice & full motion videos.

On the basis of platform type, the market is segmented as follows:
Underwater
Airborne
Land
Ship borne

Among platform type, underwater is estimated to see high growth rate during forecast period, owing to high demand of tactical communication devices because of network issues.

On the basis of application type, the market is segmented as follows:
Integrated strategic resources
Communication
Combat
Command & control
Other Application

Among these application type, command & control is predicted to see the high growth rate during the forecast year due to increasing demand for the command application among various defense forces.

On the basis of technology type, the market is segmented as follows:


Time division multiplexing
Next generation network
Next generation network is estimate to witness a significant growth due to bringing new innovation in tactical communication devices by various major market players over the forecast period.

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Global Tactical Communication Market: Key Market Players

Harris Corporation, General Dynamics Corporation, Ultra Electronics, Iridium Communications Inc., Raytheon Company, Northrop Grumman Corporation, Thales Group, L-3 Communications Holdings, Ultra Electronics, BAE Systems PLC and other market players.

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