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Defense Tactical Radio Market Size By Application, Industry Analysis Report, Regional Outlook (Europe, North America, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030

ID : MRU_48698 | Date : Jan, 2023 | Pages : 192 | Region : Global

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Tactical communication involves the exchange of military information between ground troops, platforms, and command centers under combat situations to obtain situational awareness and command and control (C2). Also, the very essence of military operations relies on military intelligence, and effective communication and comprehension of mission-critical information determine its success.
Defense agencies are highly considerate regarding the enhancement of radio communication capabilities. This encourages them to take significant measures. The launch of radio programs by defense ministries will be one of the major factors that will have a positive impact on the growth of the market. The increasing need for lightweight and small military handheld radio is identified as one of the key trends that will boost growth in the global defense tactical radio market during the predicted period. This prevents soldiers from carrying heavy equipment and supplies over long distances during missions.
Tactical radios are extensively used by special operation forces (SOF) to facilitate military intelligence exchange and perform quick and surprise attacks on unsuspecting enemies. The growing number of conflicts in regions such as Latin America, Africa, and Asia is driving the need for the deployment of SOF. The adoption of tactical radios for SOF activities will continue to increase due to the enhanced features of military radio communication equipment.
The increasing need for communication among troops and the base center is propelling the demand for tactical radios in the Americas. The US is involved in joint operations across the world and is focusing on achieving high levels of mission command interoperability through the joint multinational readiness center (JMRC). This includes an initiative for direct army radio communication with allied forces.
The Global Defense Tactical Radio Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Defense Tactical Radio Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
General Dynamics
Harris
Raytheon Company
Rockwell Collins
Thales Group
BAE Systems
BARRETT Communications
Cobham
Codan Radio Communications
Leonardo
L3 Technologies
Northrop Grumman
Radmor
Rohde & Schwarz INRADIOS
Rolta India

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Portable and handheld radio
Vehicle-mounted radio

In Market segmentation by applications :
Collaborative chat
Intelligence gathering
Frequency hopping

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Defense Tactical Radio Market for the forecast period 2023-2030?
• What are the driving forces in the Defense Tactical Radio Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Defense Tactical Radio industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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