Defense Tactical Radio Market
Global Opportunities Analysis and Industry Forecast, 2017-2023
Pages : 208 Publish Date: Mar 2018
Defense Tactical Radio Market
“ Defense tactical radio is light in weight and features easy accessibility, high stability, and better reliability. This makes it suitable for personal usage in terms of safety and security. �
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.
Akshay Jadhav Lead Analyst, Semiconductor & Electronics at AMR
Defense Tactical Radio Market Overview • The Global Defense Tactical Radio Market was valued at $7,978.5million in 2016, and is projected to reach at $17,874.1 million by 2023, growing at a CAGR of 11.9% from 2017 to 2023. 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. • Increase in demand for tactical radio in the emerging market and positive approach of the government by investing in telecommunication sector, are expected to offer lucrative opportunities in the near future. Read more at : https://www.alliedmarketresearch.com/defense-tacticalradio-market
Defense Tactical Radio Market Key Benefits
• 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.
Defense Tactical Radio Market
Key Players In Industry
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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. Thales S.A.
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Defense Tactical Radio Market Segments
• By Type • Handheld • Vehicle-mounted Defense Tactical Radio Market
• By Application • Special Operation Force (SOF) • Army • Navy • Airforce
Defense Tactical Radio Market By Geography North America, Europe, Asia-Pacific, LAMEA
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