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Tactical Communications Market by Platform, Type, Technology, Application - Global Forecast to 2021

Tactical Communications Market: Global Forecast until 2021

  • September 2016
  • 150 pages
  • ID: 4141081
In this report:
The North American tactical communications market for other applications is expected to grow from USD ##.## million in 2016 to USD ##,##.## million by 2021, at a CAGR of ##.##% from 2016 to 2021.
The segment comprising TDM based tactical communications systems is estimated to have the largest market size valued at USD ##,##.## million in 2016 and is expected to be worth USD ##,##.## million by 2021, registering a CAGR of ##.##% during the forecast period.

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The tactical communications market is estimated to rise at a compound annual growth rate of ~16.5 percent

The tactical communications market is projected to be valued at ~$8.6B in 2016 and is projected to extend ~$18.5B by 2021, at a compound annual growth rate of ~16.5 percent between 2016 and 2021. The market demand for more advanced tactical equipment has increased as older equipment need a big number of vehicles to transport, which limits their deployment flexibility. Moreover, the bandwidth within which this equipment operates is unable to adequately meet the industry demand for modern network enabled applications. This is predicted to push the tactical communications market.

Combat segment is expected to grow at the highest CAGR (Compound annual growth rate) in the tactical communications market

The combat segment of the tactical communications market, by application, is anticipated to rise at the highest compound annual growth rate (CAGR) during the outlook period.This is due to the growing usage of tactical communication systems by troops in the battlefield for extensive exchange of digital data garnered from sensors, weapons, computers, and command centers.

The use of such systems in the battlefield has also increased as they have become more agile and are easier to set up compared to the legacy equipment, which restricted mobility.

Command & control is anticipated to be the second-fastest increasing segment in the tactical communications market, by application.

North America (NA) to account for a dominant share, because Asia-Pacific the quickest-increasing regional market for tactical communications

North America continent controls the tactical communications market. The industry in the territory is mainly influenced by the U.S.A which has been focusing toward developing faster, stealthier, and more ruggedized communications systems for use in different terrains. The Asia-Pacific area is forecast to exhibit the maximum growth rate in the tactical communication market during the forecast period of 2016 to 2021. This increase in tactical communications market in the Asia-Pacific regions can be accredited to the growth in the procurement of tactical communication systems by emerging economies and focus on strengthening their communications infrastructure in the defense market.

Distribution of profile of primary members taking part for this business report:

• By Company category: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent and Tier 3 - 20.0 percent

• By Description: C-suite - 35.0 percent, D-level - 25.0 percent, Others - 40.0 percent

• By Area: North America (NA) - 45.0 percent, EU - 20.0 percent, Asia-Pac - 30.0 percent, RoW - 5.0 percent

Top players decribed in the tactical communications market report contain Northrop Grumman (NYSE:NOC), Raytheon (NYSE:RTN), General Dynamics Corporation, Thales (HO), and Harris (NYSE:HRS), among others.

OBJECTIVES OF THE STUDY

• To define, describe, and forecast the tactical communications market based on platform, category, technology, application, and area

• To analyze the demand-side indicators and offer a factor analysis of it influencing the tactical communications market

• To comprehend the market structure by identifying several subsegments of the market

• To offer detailed market intelligence regarding market dynamics and factors that influence the increase of the tactical communications market (drivers, market restraints, alternatives, and market-specific challenges)

• To forecast the size of different segments of the tactical communications market in North America continent, Europe (EU), Asia Pacific (APAC), the Middle East (ME), and Rest of the globe

• To analyze technological improvements and recent product launches in the sector

• To recognize financial positions, main products, and top developments of leading firms in the tactical communications market

• To analyze micromarkets with respect to their individual progress trends, future perspectives, and their contribution to the global market

• To offer a in-depth competitive landscape of the market together with market share review

• To offer a comprehensive review of business and corporate strategies approved by the key industry players

• By Category

• By Area

• Rest of the globe

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