Tactical Communication Market is expected to reach US$ 29,142.61 Million by 2028


PRESS RELEASE BY The Insight Partners 31 May 2022

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According to our latest market study on “Tactical Communication Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Platform, Type, Technology, and Application,” the market is expected to grow from US$ 18,122.45 million in 2022 to US$ 29,142.61 million by 2028; it is estimated to grow at a CAGR of 8.2% from 2022 to 2028.

Tactical communications are military communications in which information, including commands and military intelligence, is passed from one command, person, or location to another on a battlefield, especially during combat. It can be conveyed in many forms, such as verbally, written, visual, or audio. Tactical communication systems (TCS) are critical for forces because they provide integrated, secure, highly reliable, and available communication services despite challenges. These challenges include hostile environmental conditions, limited spectrum, time-critical and nonlinear communication requirements, equipment failure, partial destruction of mesh networks, and jamming by adversaries or events.

The buyers in the tactical communication market include military forces, aerospace companies, and the navy. The military forces procure tactical communication, especially for orders and military intelligence, which are conveyed from one command, person, or place to another upon a battlefield, particularly during combat. Several military forces have made significant investments toward the development and procurement of radios. Moreover, the military forces choose to switch between suppliers based on parameters such as price, technology, and requirement. Because the end users of the tactical communication market have the option to choose their suppliers, the bargaining power of the buyers is high in the market and is expected to remain high in the coming years. Owing to this, the market growth is prominent.

The major stakeholders in the tactical communication market ecosystem are components, tactical communication manufacturers, and end users. Tactical communication component suppliers provide products such as batteries, antennas, amplifiers, booster kits, etc. The timely supply of all these components is crucial for efficient operation across tactical communication manufacturing plants. Thus, any operational impact on these component providers directly impacts the tactical communication market.

Impact of COVID-19 Pandemic on Tactical Communication Market 

The impact of the COVID-19 pandemic on various industries, such as military, defense, aerospace, and manufacturing, has been severe. These industries are still trying to recover from the damage the pandemic caused. Due to the temporary discontinuation of operations across various production facilities in the aerospace industry & military vehicle or equipment sector, the procurement of tactical communication has been impacted. The lockdowns impacted the global manufacturing sectors. They also influenced supply chains and logistics, owing to complete or partial discontinuation of operations in various countries. The pandemic was the key reason for supply chain disruptions, loss of production, and decreased revenue for several enterprises globally.

Since the beginning of the COVID-19 outbreak, the aerospace & military industry has been one of the most severely affected sectors globally. Moreover, the outbreak hampered the shipping & marine industries since their workforces were shut down for safety and to prevent the spread of COVID-19, which directly impacted the tactical communication market growth. Companies operating in the tactical communication market had to make tough choices for sustaining during the pandemic and the post-pandemic recovery period. Since the companies operating in tactical communication were severely impacted, this slightly negatively impacted the market size.

The tactical communication market analysis is segmented on the basis of platform, type, technology, application, and geography. Based on the platform, the tactical communication market analysis is segmented into airborne, shipborne, land, and underwater. Based on type, the market is segmented into soldier radio, manpack radio, VIC (vehicular intercommunication radio), HCDR (high capacity data radio), and others. Based on technology, the market is bifurcated into TDM (Time-Division Multiplexing) and NGN (Next-Generation Network). Based on application, the market is segmented into ISR, communications, combat, and command and control. By geography, the market size is analyzed from North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America perspective.

Some of the key tactical communication market players include BAE Systems, Raytheon Technologies Corporation, General Dynamic Mission Systems, Inc., Thales Group, and Elbit Systems Ltd. During this study, several major market players were analyzed to get a holistic view of the global tactical communication market and its ecosystem.

Tactical Communication Market Share – by Region, 2021

Tactical Communication Market Share – by Region, 2021


Tactical Communication Market analysis, Size and Growth 2028

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Tactical Communication Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Platform (Airborne, Shipborne, Land, and Underwent), Type [Soldier Radio, Manpack Radio, Vehicular Intercommunication Radio (VIC), High Capacity Data Radio (HCDR), and Others], Technology [Time-Division Multiplexing (TDM) and Next-Generation Network (NGN)], and Application (ISR, Combat, Communications, and Command & Control)

 

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