Global Tactical Data Link Market Size By Component Type (Hardware, Software), By Application (Command Control, ISR (Intelligence, Surveillance, and Resonance), Electronic Warfare, Radio Communication), By Platform (Aviation, Marine, Unmanned Systems, Ground), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Tactical Data Link Market Size By Component Type (Hardware, Software), By Application (Command Control, ISR (Intelligence, Surveillance, and Resonance), Electronic Warfare, Radio Communication), By Platform (Aviation, Marine, Unmanned Systems, Ground), By Geographic Scope And Forecast
Tactical Data Link Market Size And Forecast
Tactical Data Link Market size was valued at USD 8.13 Billion in 2022 and is projected to reach USD14.53Billionby2030, growing at a CAGRof4.67%from2024 to 2030.
The Global Tactical Data Link Market is expanding due to increasing defense spending globally. The US is the leading country when it comes to defense spending and the development of cutting-edge defense solutions. The Asia Pacific region is offering many expansion opportunities to the key players in the market. Thus, the region is expected to witness the fastest growth during the forecast period. The growing demand for efficient communication systems for military operations is forecasted to offer a massive push for the market. The Global Tactical Data Link Market report delivers a holistic evaluation. The report thoroughly analyzes key segments, trends, drivers, restraints, competitive landscape, and factors that play a substantial role in the market.
Global Tactical Data Link Market Definition
The Tactical Data Link of TDL is the data link used by the NATO nations for communication using radio waves or other mediums. It includes all C3 military systems, such as command, control, and communications, that are used for communications across military sectors. TDL makes this communication smooth for the decision-making process in the defense sector because of the data security provided by TDL.
Information regarding the battlefield and enemies can be crucial for a soldier and other military operators as it allows them to make better decisions. Tactical Data Link uses hardware such as sensors, antennas, weapon data link controllers, and processors, which along with the software, complete the system. All types of military forces, such as ground, aviation, and marine, use TDL for communication. It offers excellent network quality for defense locations and communication between them.
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Global Tactical Data Link Market Overview
The growing defense spending from governments across the globe is the primary growth driver for the Tactical Data Link market. The US has the largest defense budget compared to any other country. The US spends a significant percentage of its budget on research and development and procurement of various defense solutions. It is also one of the most crucial members of NATO. Thus, the US market has maintained its dominance over the defense industry as many leading players in the sector are native to the US.
However, in recent years, emerging markets such as Asian and Latin American countries have shown faster growth compared to other regions. Countries such as China, South Korea, India, and others have increased their spending on defense solutions. The primary reasons behind this surge in demand for defense solutions are growing border tensions and power struggles between neighboring countries. Thus, the Asia Pacific region is growing significantly faster than other regions and is offering attractive growth opportunities for the key players in the market.
Global Tactical Data Link Market Segmentation Analysis
The Global Tactical Data Link Market is Segmented on the Basis of Component Type, Application, Platform, and Geography.
Tactical Data Link Market, By Component Type
Hardware
Software
Based on the Component Type, the market is bifurcated into hardware components and software components. The hardware segment has the largest market share due to higher demand for hardware components. However, during the forecast period, the software component is expanding faster than other segments due to the trend of digitalization.
Tactical Data Link Market, By Application
Command Control
ISR (Intelligence, Surveillance, and Resonance)
Electronic Warfare
Radio Communication
Based on Application, the market is bifurcated into Command Control, ISR (Intelligence, Surveillance, and Resonance), Electronic Warfare, and Radio Communication. The command control segment is estimated to have the largest market share due to its application in the ground military for communication and operations management.
Tactical Data Link Market, By Platform
Aviation
Marine
Unmanned Systems
Ground
Based on the Platform, the market is bifurcated into aviation, marine, unmanned systems, and ground. The ground segment is expected to have the largest market share due to the higher demand for TDL systems for communications. However, the unmanned systems segment is estimated to grow at a staggering CAGR.
Tactical Data Link Market, By Geography
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Based on the Regional Analysis, the Global Tactical Data Link Market is classified into North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. The North American region has the largest market share and generates the highest revenue than other regions. It is due to the US and its role in NATO. The US has the greatest demand for various defense solutions, which are contributing to the region’s growth in the global Tactical Data Link market. However, due to emerging markets in Asia, the Asia Pacific region is expected to report the fastest growth.
Key Players
The “Global Tactical Data Link Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are L3Harris Technologies Inc, Collins Aerospace, Raytheon Technologies Corporation, General Dynamics Corporation, Viasat Inc, and Saab AB.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight to the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
In May 2022, Thales was offered a contract by the US Department of Defense for the development of the Combat Net Radio modernization program, which is aimed at providing advanced tactical radios.
In May 2022, L3 Harris was offered a contract by US Special Operations Command for its Falcon IV AN/PRC-167 radio systems.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Tactical Data Link Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Tactical Data Link Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2019-2030
BASE YEAR
2022
FORECAST PERIOD
2024-2030
HISTORICAL PERIOD
2019-2021
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
L3Harris Technologies Inc, Collins Aerospace, Raytheon Technologies Corporation, General Dynamics Corporation, Viasat Inc, and Saab AB
SEGMENTS COVERED
By Component Type, By Application, By Platform, By Geography.
CUSTOMIZATION SCOPE
Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope
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Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces ana
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