Defense Tactical Radio Market 2020 - 2030: Product Experts Ideas from BAE Systems, Inc., Barrett Communications Pty. Ltd, Cobham plc, Codan Limited, General Dynamics Corporation, Harris Corporation, Leonardo S.p.A, Raytheon Company, Rockwell Collins, Inc.

In military and defense sector, tactical radio communication is majorly used to convey command over the battlefield from person to person. In 2016, handheld segment dominated the defense tactical radio market, in terms of revenue, due to increase in demand for wireless communication devices.

The global defense tactical radio market was valued at $7,978.5million in 2016, and is projected to reach at $17,874.1 million by 2023, growing at a CAGR of 11.9% from 2017 to 2023.

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Based on region, North America was the highest revenue contributor to the market in 2016, accounting for around 39.71% share, due to rise in adoption of electronic-based system/components across the defense sectors.

The report features a competitive scenario of the defense tactical radio market and provides a comprehensive analysis of the key growth strategies adopted by the major players. The key players in the global market are BAE Systems, Inc., Barrett Communications Pty. Ltd, Cobham plc, Codan Limited, General Dynamics Corporation, Harris Corporation, Leonardo S.p.A, Raytheon Company, Rockwell Collins, Inc., and Thales S.A.

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Key Benefits:
- The report includes in-depth analysis of different segments and provides market estimations between 2017 and 2025.
- Porter's Five Forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
- Key market players are profiled to gain an understanding of the strategies adopted by them.
- This report provides a detailed analysis of the current trends and future estimations from 2016 to 2025, which helps identify the prevailing market opportunities.

These players have adopted various competitive strategies such as innovation, new product development, and market expansion to boost the growth of the market.

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