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Tactical Communication Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Tactical Communication Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Tactical Communication Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 31 Aug 2020
  • Report ID: ICT&S 0080
  • Pages:178
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

According to a study published by Insure Insights, the global tactical communications is projected to grow at a CAGR of 12.3% during the forecast period. Tactical communications are military communications where information is transferred from one person to another in different places across the world through commands or codes. Tactical communication is carried out by several methods such as visual, verbal, written, and auditory, among others. At present, tactical communication is done by electric means. Tactical communication with satellites orbiting the earth at low altitudes is gaining traction among military forces across the globe. Increasing demand for advanced tactical equipment is anticipated to drive the market for tactical communication during the forecast period.

Top Driver: Demand for Advanced Tactical Equipment and Government Initiatives

Need to communicate the information without any disruption in the critical communication operations and demand for advanced tactical equipment are major factors driving the global tactical communication market. Moreover, government initiatives and other authorities to support multiple missions, including area surveillance, battle damage assessment, and target acquisition apart from border security is anticipated to propel the market. Advancement in technology for tactical communication over the period is expected to create lucrative opportunities in the near future.

High Capacity Data Radio to Make Crucial Contribution to Growth of the Market

Among type segments of the global tactical communication market, High Capacity Data Radio is predicted to show significant growth in future owing to increasing demand for radio services to increase connectivity. Other segment under type include Soldier Radio, Manpack Radio, Vehicular Inter-Communication Radio, Others. on the basis of platform, the market is segmented into Airborne, Ship-borne, Land, Underwater. On the basis of application, the market can be segmented into Integrated Strategic Resources, Communications, Command and Control, Others.

Rising Investments in Technological Advancements to Benefit North America Market

North American countries such as the US are predicted to maximize their spending on technological advancements which would help the industry grow in the coming years. Furthermore, rising significance of the quality headsets in cross industry applications would help the industry gain lucrative growth in the next few years. The surge in demand for military gear in the region which would help the industry propel in the coming years.

Players to Focus on Tactical Communication Market

The global market is expected to stay fragmented with the increase in the number of new entrants in the coming years. Northrop Grumman Corporation, Raytheon Company, General Dynamics Corporation, Thales Group, and Harris Corporation, ViaSat Inc., Ultra Electronics, Iridium, and Tactical Communications Group LLC among others could be at the forefront of the competition in the global market.

Northrop Grumman: In September 2017, Northrop Grumman to acquire Orbital ATK for $134.50 per share in Cash. Furthermore, implied equity value of ~$7.8B and enterprise value of ~$9.2B would help the industry to propel in the coming years.

BAE Systems, Inc.: In January 2020, BAE Systems, Inc. announced it had reached definitive agreements for the proposed acquisitions of Collins Aerospace’s military Global Positioning System (GPS) business and Raytheon’s Airborne Tactical Radios (ATR) business. These two high-performing businesses are being sold in connection with obtaining the required antitrust clearances for the previously announced pending merger between Raytheon and United Technologies Corporation (UTC).

Scope of the Report

By Type

  • High Capacity Data Radio
  • Soldier Radio
  • Manpack Radio
  • Vehicular Inter-Communication Radio
  • Others

By Platform

  • Airborne
  • Ship-borne
  • Land
  • Underwater

By Application

  • Integrated Strategic Resources
  • Communications
  • Command and Control
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Tactical Communication Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Tactical Communication Market -Industry Snapshots

6.1             Overview

6.1.1          Global Tactical Communication Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Tactical Communication Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Tactical Communication Market- By Type

7.2.1          Tactical Communication Market- High Capacity Data Radio

7.2.2          Tactical Communication Market- Soldier Radio

7.2.3          Tactical Communication Market- Manpack Radio

7.2.4          Tactical Communication Market- Vehicular Inter-Communication Radio

7.2.5          Tactical Communication Market- Others

Chapter 8           Global Tactical Communication Market Analysis, by Platform

8.1             Overview

8.2             Key Findings for Tactical Communication Market- By Platform

8.2.1          Tactical Communication Market- Airborne

8.2.2          Tactical Communication Market- Ship-borne

8.2.3          Tactical Communication Market- Land

8.2.4          Tactical Communication Market- Underwater

Chapter 9           Global Tactical Communication Market Analysis, by Application

9.1             Overview

9.2             Key Findings for Tactical Communication Market- By Application

9.2.1          Tactical Communication Market- Integrated Strategic Resources

9.2.2          Tactical Communication Market- Communications

9.2.3          Tactical Communication Market- Command and Control

9.2.4          Tactical Communication Market- Others

Chapter 10       Tactical Communication Market Analysis by Region

10.1           Key Findings for Tactical Communication Market- By region

10.2           Overview

10.2.1       Global Tactical Communication Market Analysis, By Type, 2019 – 2028

10.2.2       Global Tactical Communication Market Analysis, By Platform, 2019 – 2028

10.2.3       Global Tactical Communication Market Analysis, By Application, 2019 – 2028

10.3           Tactical Communication Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Type

10.3.6       North America Market, By Platform

10.3.7       North America Market, By Application

10.4           Tactical Communication Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Type

10.4.8       Europe Market, By Platform

10.4.9       Europe market by, Application

10.5           Tactical Communication Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Type

10.5.7       Asia Pacific Market, By Platform

10.5.8       Asia Pacific Market, By Application

10.6           Tactical Communication Market – SAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       South America

10.6.4       Rest Of World

10.6.5       South America, Middle East and Africa Market, By Type

10.6.6       South America, Middle East and Africa Market, By Platform

10.6.7       South America, Middle East and Africa Market, By Application

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           Northrop Grumman Corporation

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Raytheon Company

12.3           General Dynamics Corporation

12.4           Thales Group

12.5           Harris Corporation

12.6           ViaSat Inc.

12.7           Ultra Electronics

12.8           Iridium

12.9           Tactical Communications Group LLC

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix

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