Press release
Tactical communications Industry: Helping to secure the battlefield operations, Market valued at US$ 9.9 billion in 2017 and expected to reach US$ 13.0 billion by 2027
Tactical Communications Market
Tactical Communications are secure military communication standards that exchange tactical data between platforms and commands, and for this they use tactical data links . To be aware of exactly what’s happening during an operation is crucial for any soldier so that they are able to make timely and accurate decisions. These decisions can make the difference between life and death on the battlefields. The tactical data links makes sure the information shared is secure, which is critical part of battlefield communications. Accurate and assured, situational awareness information is passed during ongoing operations, using these highly secure tactical data links systems.
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Scope
- The global tactical communications market, valued at US$9.9 billion in 2017, is projected to grow at a CAGR of 2.75% over the forecast period, to reach US$13.0 billion by 2027 and cumulatively value US$115.8 billion. The market consists of five categories: airborne, naval, man-portable, vehicular and stationary.
- The market is expected to be dominated by man-portable systems, which will account for 43% of the market, followed by vehicular and naval with shares of 28% and 11% respectively. Stationary and airborne segments are projected to account for shares of 11% and 7% during 2017-2027. North America is projected to dominate the sector with a share of 38%, followed by Asia Pacific and Europe, with shares of 30% and 20% respectively
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The Tactical Communications research report completely covers the vital statistics of the capacity, production, value, cost/profit, supply/demand import/export, further divided by company and country, and by application/type for best possible updated data representation in the figures, tables, pie chart, and graphs.
Research Study provides in-depth analysis on this report:
• - Determine prospective investment areas based on a detailed trend analysis of the global tactical communications market over the next ten years
• - Gain in-depth understanding about the underlying factors driving demand for different tactical communications segments in the top spending countries across the world and identify the opportunities offered by each of them
• - Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
• - Identify the major channels that are driving the global tactical communications market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
• - Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global tactical communications market
• - Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top tactical communications solution providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available
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