Global Tactical Communications Industry

Global Tactical Communications Industry

  • October 2019 •
  • 197 pages •
  • Report ID: 5799761 •
  • Format: PDF
Tactical Communications market worldwide is projected to grow by US$22.5 Billion, driven by a compounded growth of 16.9%. Airborne, one of the segments analyzed and sized in this study, displays the potential to grow at over 16.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$9.6 Billion by the year 2025, Airborne will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 18.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$869.6 Million to the region’s size and clout in the next 5 to 6 years. Over US$1.1 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Airborne will reach a market size of US$880.3 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 16.6% over the next couple of years and add approximately US$4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, BAE Systems PLC; General Dynamics Corporation; Harris Corporation; Iridium Communications, Inc.; L-3 Communications Holdings, Inc.; Northrop Grumman Corporation; Raytheon Company; Tactical Communications Group LLC.; Thales Group; Ultra Electronics; ViaSat, Inc.