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Tactical data link Market Research (2023-2032)- Business Outlook, Future Development, Growth Opportunities And Prominent Players | General Dynamics Corp, Northrop Grumman Corp, BAE Systems, Thales Group, Harris Corporation
Tactical data link Market
Tactical data link Market Size, Growth Rate, And Forecast:
The global tactical data link market size is expected to grow from $7.39 billion in 2022 to $7.93 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global tactical data link market size is expected to reach $10.07 billion in 2027 at a CAGR of 6.2%.
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Tactical data link Market Drivers:
The increasing military expenditure is expected to propel the growth of the tactical data link market going forward. Military expenditure is the government's money to provide its military with personnel, weapons, and equipment. Tactical data connections secure military communication protocols that allow platforms and missions to share tactical data.
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Tactical data link Market Segments:
By Solution: Hardware, Software
By Data Link Type: Link 11, Link 16, Link 22, Other Data Link Types
By Platform: Air, Ground, Sea
By Application: Command And Control, Intelligence, Surveillance And Reconnaissance (ISR), Electronic Warfare, Radio Communication, Situational Awareness
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Tactical data link Market.
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Tactical data link Market Key Players:
Major competitors in the tactical data link market include General Dynamics Corp, Northrop Grumman Corp, BAE Systems, Thales Group, Harris Corporation, Leonardo S.p.A., Collins Aerospace.
The Business Research Company's "Global Tactical data link Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Tactical data link Market Include:
1. Executive Summary
2. Tactical Data Link Market Characteristics
3. Tactical Data Link Market Trends And Strategies
4. Tactical Data Link Market - Macro Economic Scenario
5. Tactical Data Link Market Size And Growth
……
26. Africa Tactical Data Link Market
27. Tactical Data Link Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Tactical Data Link Market
29. Tactical Data Link Market Future Outlook and Potential Analysis
30. Appendix
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