Tactical Communications Market Worth 18.53 Billion USD by 2021

05 Sep, 2016, 12:30 ET from MarketsandMarkets

PUNE, India, September 5, 2016 /PRNewswire/ --

The report "Tactical Communications Market by Platform (Airborne, Shipborne, Land, Underwater), Type (Soldier Radio, Manpack, VIC, HCDR), Technology (TDM, NGN), Application (ISR, Communications, Combat, Command & Control) - Global Forecast to 2021", published by MarketsandMarkets, the global market is estimated to be USD 8.62 Billion in 2016 and is projected to reach USD 18.53 Billion by 2021, registering a CAGR of 16.52% during the forecast period.

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Browse 54 market data Tables and 27 Figures spread through 162 Pages and in-depth TOC on "Tactical Communications Market"

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Underwater segment is projected to lead the tactical communications market during the forecast period 

On the basis of platform, the underwater tactical communications segment is estimated to witness the highest growth as government agencies are focusing toward strengthening the communication related capabilities of submerged manned and unmanned systems. This is expected to enable such systems to receive and transmit broadcast of real-time situational awareness data to other airborne and shipborne platforms.

Manpack segment is estimated to grow at the highest rate during the forecast period 

The Tactical Communications Market has been segmented and analyzed on the basis of type into soldier radio, manpack radio, VIC (Vehicular Intercommunication Radio), High Capacity Data Radio (HCDR), and others. The tactical communications market for manpack radio is expected to register the highest growth, driven by their increasing procurement owing to their ability to provide dual channels of communications and operability on different wavelengths simultaneously. They are also being preferred as their usage eliminates the need for more than one radio at any location.

North America: The largest market for tactical communications 

The market for tactical communications has been estimated to be the largest in North America due to the increase in procurement of advanced communication systems such as those based on internet protocol (IP) and voice over internet protocol (VoIP) apart from satellite communications.

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Harris Corporation (U.S.): One of the key players in the tactical communications market 

Major players in the tactical communications market are Harris Corporation (U.S.), Northrop Grumman Corporation (U.S.), Raytheon Company (U.S.), General Dynamics Corporation (U.S.), and Thales Group (France), among others.

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