North America was the highest revenue contributor to the market in 2016, accounting for around 39.71%share, due to rise in adoption of electronic-based system/components across the defense sectors.
The market is segmented into type, application, and region. Based on type, it is bifurcated into handheld and vehicle-mounted. Based on application, it is categorized into special operation force (SOF), army, navy and air force. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and Latin America and Middle East (LAMEA).
Key players operating in the global defense tactical radio market are BAE Systems, Inc., Barrett Communications Pty. Ltd, Cobham plc, Codan Limited, General Dynamics Corporation, Harris Corporation, Leonardo S.p.A, Raytheon Company, Rockwell Collins, Inc., and Thales S.A..
KEY BENEFITS FOR STAKEHOLDERS
The report includes in-depth analysis of different segments and provides market estimations between 2017 and 2023.
Porter’s Five Forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
Key market players are profiled to gain an understanding of the strategies adopted by them.
This report provides a detailed analysis of the current trends and future estimations from 2016 to 2023, which helps identify the prevailing market opportunities.
KEY MARKET SEGMENTS
By Type
Handheld
Vehicle-mounted
By Application
Special Operation Force(SOF)
Army
Navy
Airforce
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
What is the estimated value of the Global Defense Tactical Radio Market?
What is the growth rate of the Global Defense Tactical Radio Market?
What is the forecasted size of the Global Defense Tactical Radio Market?
In military and defense sector, tactical radio communication is majorly used to convey command over the battlefield from person to person. In 2016, handheld segment dominated the defense tactical radio market, in terms of revenue, due to increase in demand for wireless communication devices.
Based on region, North America was the highest revenue contributor to the market in 2016, accounting for around 39.71% share, due to rise in adoption of electronic-based system/components across the defense sectors.
The report features a competitive scenario of the defense tactical radio market and provides a comprehensive analysis of the key growth strategies adopted by the major players. The key players in the global market are BAE Systems, Inc., Barrett Communications Pty. Ltd, Cobham plc, Codan Limited, General Dynamics Corporation, Harris Corporation, Leonardo S.p.A, Raytheon Company, Rockwell Collins, Inc., and Thales S.A.
These players have adopted various competitive strategies such as innovation, new product development, and market expansion to boost the growth of the market.
Key findings of the Defense Tactical Radio Market:
The vehicle-mounted segment accounted for the highest share in 2016, growing at a CAGR of 12.5% from 2017 to 2023.
Army application generated the highest revenue, accounting for $2903.4 million in 2016.
LAMEA is expected to dominate the market, in terms of market share, during the forecast period.
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- Regional government and statistical databases for macro analysis
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