The Global Defense Tactical Radio Market size valued to USD 11.65 billion in 2019, is predicted an elevation up to USD 32.49 billion by 2030, with a growing CAGR of 9.70% from 2020-2030.
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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Top Companies: Barrett Communications, General Dynamics, Thales Group, Raytheon Company, Rohde & Schwarz Inradios, Harris, Rockwell Collins, BAE Systems, Codan Radio Communications, Cobham, Leonardo, Radmor, Northrop Grumman, L3 Technologies and others.
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.
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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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