Press release
Global Tactical Radios Market Expansion at 15.4% CAGR, Valued at $24.26 Billion by 2029
Tactical Radios Market
What Are the Tactical Radios Market Size Forecast for 2025?
There has been a significant acceleration in the tactical radios market in recent years. Forecasts suggest that this market will expand from $11.8 billion in 2024 to $13.66 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 15.8%. The historical growth in this market can be associated with a surge in demand for mobile command systems, the need for connected military systems, a rise in defense spending, and an increase in demand for wireless communication, owing to the high level of security it provides for data protection.
What Is the Market Size Outlook for Tactical Radios Until 2029?
The market for tactical radios is projected to experience a swift expansion in the impending years, reaching $24.26 billion by 2029, with a compound annual growth rate (CAGR) of 15.4%. Factors contributing to this growth in the projected period include heightened usage of sensors and smart devices, a surge in demand for lightweight handheld radios in the defense and military sectors, a need for tactical ground radios, and a rising perspective on the escalating threat of terrorism and border conflicts, thus boosting their land-based mission capabilities. Future trends for the prediction period consist of technological improvements, the incorporation of LTE technology, advancements in military communication systems, progress in wireless communication technologies, and innovations in the production of the equipment.
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What Are the Major Factors Driving Demand in the Tactical Radios Market?
The tactical radio market is predicted to expand due to a surge in the integration of wireless communication. Wireless communication, which refers to the transfer of data between devices without using physical wires or cables, is increasing in popularity due to several factors. These include technological advancements, a higher need for mobility, quick digital transformation, a burgeoning ecosystem of IoT devices, the necessity for high-speed connectivity, and the cost-effectiveness and scalability of wireless networks. Tactical radios are greatly augmented by wireless communication due to improved mobile capabilities, adaptability, interoperability, security, an extended range, and enhanced situational consciousness. For example, in April 2022, the Department of Telecommunications - the regulatory agency under the Ministry of Information and Communications in Vietnam, reported that in 2021 Vietnam had 91.3 million smartphone subscribers. This number grew by over 2 million by the end of March 2022, totaling 93.5 million subscribers. This increasing trend towards wireless communication is, therefore, fueling the advancement of the tactical radio market.
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How Are End-Use Segments Shaping the Tactical Radios Market Outlook?
The tactical radios market covered in this report is segmented -
1) By Type: Vehicle Mounted, Handheld Or Portable
2) By Platform Type: Ground-Based Platform, Naval-Based Platform, Airborne Platform
3) By Application: Army, Navy, Airforce, Land, Special Operation Force (SOP)
Subsegments:
1) By Vehicle Mounted: Base Station Tactical Radios, Mobile Tactical Radios
2) By Handheld Or Portable: Manpack Radios, Portable Tactical Radios
What Are the Strategic Trends Transforming the Tactical Radios Market Landscape?
Key players in the tactical radio market are creating innovative solutions like T-TAC to enhance their competitive position. T-TAC has been designed as a tactical satellite communication solution targeting government and enterprise markets. Thuraya Telecommunications Company, a mobile satellite service provider based in UAE, launched this solution in March 2023. T-TAC, a state-of-the-art beyond-line-of-sight (BLOS) communication solution, permits operators on land, sea, or in the air to maintain seamless communication. This strategic system counters the challenges of push-to-talk (PTT) communication in remote or secluded locations where conventional line-of-sight systems encounter issues due to distance or impediments between field teams and their headquarters. It boasts secure communication by integrating present tactical Very High Frequency (VHF) or Ultra High Frequency (UHF) radios with a converter that links to Thuraya's satellites by means of a single-hop connection, facilitating reliable BLOS communication without the necessity for costly ground-based infrastructure.
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Who Are the Prominent Companies in the Tactical Radios Market by ?
Major companies operating in the tactical radios market are RTX Corporation, General Dynamics Corporation, Northrop Grumman Corporation, 3M Company, BAE Systems plc, Thales Group, L3Harris Technologies Inc., Motorola Solutions Inc., Elbit Systems Ltd., Bose Corporation, Leonardo DRS Inc., Curtiss-Wright Corporation, ViaSat Inc., Rohde & Schwarz GmbH KG & Co, Cobham Limited, ASELSAN A.S., Iridium Communications Inc., Sepura Limited, Codan Limited, Savox Communications Ltd., Thuraya Telecommunications Company, Silynx Communications Inc., Radmor S.A, Rolta India Limited, Television Equipment Associates Inc.
Which Region Is Expected to See the Highest CAGR in the Tactical Radios Market?
North America was the largest region in the tactical radios market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tactical radios market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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