Global tactical data link market expected to reach USD 8,174.93 million by 2024, growing at a CAGR of around 7.13% between 2018 and 2024. Tactical data links are open up situation awareness in the combat zone. Homeland security such as coast guard has many advantages from interoperability with supporting military armed forces.
The report covers forecast and analysis for the tactical data link market on a global and regional level. The study provides historic data of 2015-2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the tactical data link market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the tactical data link market on a global level.
This report offers comprehensive coverage of global tactical data link market along with, market trends, drivers, and restraints of the tactical data link market. This report included a detailed competitive scenario and the product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the tactical data link market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary and primary research team of industry experts.
The study provides a decisive view of the tactical data link market by segmenting the market based on platform, components, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. By platform, the market is segmented into air-based, land-based, sea-based, and weapon-Based. By components, the global tactical data link market is segmented into hardware and software. Components wise, the market is bifurcated into intelligence, surveillance, & reconnaissance (ISR), radio communication, command and control (C2), and electronic warfare (EW). The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further bifurcation into major countries including the U.S., France, UK, Germany, China, India, Japan, and Brazil.
Key participants operating in the global tactical data link market includes Northrop Grumman, Rockwell Collins, L3 Technologies, Raytheon, ViaSat, Leonardo, BAE Systems, General Dynamics, and Saab AB (Sweden) amongst others.
The report segments the global tactical data link market as follows:
Global Tactical Data Link Market: Platform Segment Analysis
Global Tactical Data Link Market: Components Segment Analysis
Global Tactical Data Link Market: Application Segment Analysis
Global Tactical Data Link Market: Regional Segment Analysis
Tactical data links use a data link standard to provide communication via cable or radio waves. The data link is used to relay, receive, and transmit tactical data between command and control (C2) systems. There are several legacies and current TDL standards. The most well known standard today is probably Link 16 (STANAG 5516, MILSTD6016) that is broadly used in military operations. Since tactical data links are an important part of the current military system the demand for DL training in simulators is constantly increasing.
Global tactical data link market is primarily driven by demand for improved interoperability among forces. In addition, globally increased security threats, increased geopolitical tension, demand for an advanced communication system to replace legacy equipment are major driving factors predicted to contribute the growth of global tactical data link market in near future. On a contrary, declining defense budgets are expected to have an adverse impact on tactical data link market growth in coming years. Nonetheless, purging of moving time-sensitive targets and requirement of accurate and real-time information in the battlefield are some of the factors predicted to disclose new avenues for tactical data link market in the near future. The intelligence, surveillance, & reconnaissance (ISR) is widely used in the military aircraft that helps in to gather information with the help of the electronic sensors related to the movement of the enemy in the battlefield.
Based on application, global tactical data link market is bifurcated into intelligence, surveillance, & reconnaissance (ISR), radio communication, command and control (C2), and electronic warfare (EW). Intelligence, surveillance, & reconnaissance (ISR) emerged as a dominant application segment in 2017 owing to the increased need of information gathering related to the enemy movements in the modern battlefield Hardware and software are the component segments of global tactical data link market. In addition, we have also bifurcated market into a platform segment under platform air-based, land-based, sea-based, and weapon-based.
North America emerged as dominating the regional market for tactical data link market in 2017. The growth of this region is mainly attributed to growth in modern warfare techniques coupled with increasing security threats along with the presence of major manufacturers in this region have contributed to the growth of the tactical data link market. Increased geopolitical tension is expected to be a major driving factor in Asia Pacific region in near future. Focus on to improve interoperability among forces and demand for an advanced communication system is expected is expected to spur the growth of tactical data link market in the Middle East and Latin America region in the years to come. Europe is expected to show noticeable growth in the near future.
Some of the key players in the tactical data link market are BAE Systems, Northrop Grumman, Saab AB, Raytheon Company, Rockwell Collins, General Dynamics, Leonardo, and L3 Technologies, amongst others.
Request the coronavirus impact analysis across industries and markets