Defense Tactical Radio Market is predicted an elevation up to USD 32.49 billion by 2030, with a growing CAGR of 12.1%

The Global Defense Tactical Radio Market size valued to USD 10.71 billion in 2020, is predicted an elevation up to USD 32.49 billion by 2030, with a growing CAGR of 12.1% from 2021-2030.

Defense tactical radio is an instrument adopted by military and armed- forces, to communicate auditory tactical information, commands, and directions from person to person, majorly in encrypted language, during the conduct of combat. Usually, the defense radios are fortified with encryption and frequency hopping to avoid eavesdropping as well as recognition by radio direction finding systems. This prevents enemy forces from listening to the tactical information. As these radios are built for field use, they are heavier and more ruggedly constructed than portable civilian radios. With technological evolution, defense tactical radios are getting more compact, lighter in weight and less expensive; offering high-tech features such as superior sound quality, emergency tracking, and geofencing.

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Competitive Landscape

The defense tactical radio market is highly fragmented and consists of various market players to sum up the overall market size. Some of the major market players include, Thales Group, BAE System, Inc., L3Harris Technologies, General Dynaics Corporation, Barrett Communications, Leonardo S.p.A., Cobham, Raytheon Technologies Corporation, Codan Limited, and Northrop Grumman among others.

The cutting-edge product launches, facility expansions and collaborations among the market players, is taking the global defense tactical radio market to new-heights. Furthermore, in November 2019, the Barrett Communications was awarded with the ‘Multiyear Contract’ for supplying the Canadian National Defense Department (DND) with Very High Frequency (VHF) radio communications equipment. The Barrett PRC-2080+ VHF radio systems designed for multi-role military applications, provides rugged reliable field proven communications, offering in-hand portable, manpack, vehicle, base and rebroadcast system configurations, hence giving flexibility for its deployment in the field.

Furthermore, in January 2020, Rohde & Schwarz delivered more than 10,000 R&S M3SR software defined radios, accomplishing a milestone. The highly modular Software Defined Radios (SDR) offered by Rohde & Schwarz’ are optimized for stationary and shipborne secure voice and data communications. The SDRs offer a wide range of system interfaces and waveforms, including standard and proprietary frequency hopping waveforms, as well as radio communications in line with all relevant NATO standards. These are compatible with military data transmission methods such as LINK11 and LINK22, as well as their functionality can be enhanced through subsequent software updates. The SDRs are in use with international navies, in mobile military and civil ATC tower applications around the world.

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Market Segmentations and Scope of the Study:

The global defense tactical radio market share analysis is based on type, application, and geography.

Based on type, the market is segmented into Handheld and Vehicle-mounted. Based on application, the market is divided into Special Operation Force (SOF), Army, Navy, and Airforce. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is expected to maintain its dominance on the global defense tactical radio market, throughout the forecast period, owing for the highest market shares. This is attributed to highly reinforced defense and military sector, presence of developed economies, higher government spending on battle equipment as well as presence of key market players.

Asia Pacific is expected to grow with the highest CAGR in the global defense tactical radio market, with substantially increasing market shares. The factors responsible are increased demand of effective communication in the war field, rise in government initiatives towards better public safety, increasing investments by regulatory bodies to strengthen the defense sector as well as presence of emerging economies majorly India and China.

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