Global Tactical Data Link Market Size to Reach USD 11.45 Billion by 2032 | Emergen Research

Growing geopolitical tensions and security threats are key factors boosting need to increase defense budgets which is a key factor driving Tactical Data Link Market growth


Vancouver, Nov. 02, 2023 (GLOBE NEWSWIRE) -- The global tactical data link market is expected to reach a market size of USD 11.45 Billion in 2032 and register a steady CAGR during the forecast period, according to latest analysis by Emergen Research. Growth of the global tactical data link market is driven by increasing geopolitical tensions and security threats, requirements for real-time information in the defense sector, and rising adoption of modern warfare solutions. Tactical data link is a secure communication service that uses several networks for exchanging information through cables and radio waves. This communication service is primarily used by military forces across various applications such as Intelligence, Surveillance, and Reconnaissance (ISR), electronic warfare, radio communication, command, and control. Tactical data link solution allows soldiers to make faster decisions and execute plans more effectively.

Rising focus on research and development of autonomous weapons and crewless vehicles is a major factor boosting demand for tactical data link solutions. These weapons and crewless vehicles capture and exchange various information through tactical data link solution. Link 11, JTIDS Link 16, Satellite Tactical Data Link (STDL) 16, MIDS Link 16, Link 22, JREAP A, and C are some widely used data link networks. Various major companies are currently focusing on development of advanced data links to provide improved communication services across defense and military sectors.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/554

Segments Covered in the report

Report DetailsOutcome
The market size in 2020USD 5.78 Billion
CAGR (2023–2032)5.8%   
The revenue forecast in 2032USD 11.45 Billion
Base year for estimation2020
Forecast period2023–2032
Quantitative unitsRevenue in USD Billion, and CAGR from 2023 to 2032
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments coveredPlatform, application, component, and regions.
Regional scopeNorth America; Europe; Asia Pacific; Latin America; Middle East & Africa.
Country scopeU.S.; Canada; Germany; U.K.; France; BENELUX; China; India; Japan; South Korea; Brazil; Saudi Arabia; UAE, South Africa.
Key companies profiledL3 Technologies, Rockwell Collins, Raytheon, General Dynamics, ViaSat, Northrop Grumman, BAE systems, Curtiss-Wright Corporation, Saab AB, and Thales Group
Customization scope10 hours of free customization and expert consultation
 

 
 

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/554

Competitive Landscape

The global tactical data link market is consolidated, with a small number of key players accounting for majority market share. Companies are focusing on research and development, and testing of more advanced and innovative technologies and solutions for military-related applications. Major players are focusing on acquisitions and mergers and entering into strategic agreements and long-term military and defense contracts in a highly lucrative and competitive market. Some major players in the market are: 

  • L3 Technologies
  • Rockwell Collins
  • Raytheon
  • General Dynamics
  • ViaSat
  • Northrop Grumman
  • BAE systems
  • Curtiss-Wright Corporation
  • Saab AB
  • Thales Group

Strategic Development

In November 2020, Curtiss-Wright Corporation acquired Pacific Star Communications, Inc. for USD 400 Million. This acquisition helped Curtiss-Wright Corporation to strengthen its supply network of advanced tactical and enterprise network communications solutions.

In November 2019, Northrop Grumman Corporation received a contract from Australian Defence Force Tactical Data Link Authority (ADFTA) to provide Tactical Data Link (TDL) systems and training for development of joint data network of Australian Defence Force (ADF).

In March 2019, Curtiss-Wright Corporation acquired Tactical Communications Group, LLC for USD 50 Million. The acquisition helped Curtiss-Wright Corporation to enhance its flight test instrumentation offering with tactical data link processing software, analytics, and visualization capabilities.

Direct Order Can Be Placed Through This Link [Exclusive Copy] @ https://www.emergenresearch.com/select-license/554

Some Key Findings in the Report:

  • Command & control segment is expected to register a relatively faster revenue CAGR throughout the forecast period. This can be attributed to increasing need to plan and make effective decisions and control forces in tactical situations.
  • North America accounted for 32.5% revenue share in the global tactical data link market in 2020. Robust presence of major companies, growing adoption of modern warfare solutions, and increasing funding by governments are fueling revenue growth of the market in this region.

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/tactical-data-link-market

For the purpose of this report, Emergen Research has segmented the global tactical data link market based on platform, application, component, and region:

  • Platform Outlook (Revenue: USD Billion; 2019–2032)
    • Air-based
    • Sea-based
    • Land-based
    • Weapon-based
  •      Application Outlook (Revenue: USD Billion; 2019–2032)
  • Command & Control
  • Intelligence, Surveillance, & Reconnaissance (ISR)
  • Electronic Warfare
  • Radio Communication
  •     Component Outlook (Revenue: USD Billion; 2019–2032)
    • Software
    • Hardware
  • Regional Outlook (Revenue: USD Billion; 2019–2032)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. U.K.
      3. France
      4. Italy
      5. Spain
      6. BENELUX
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

Curated Reports You Shouldn't Miss: Dive In Now!

Virtual Power Plant Market By End-use (Residential, Industrial and Commercial), By Technology (Distributed Generation, Demand Response, Mixed Asset), and By Region, Forecast to 2028

Life and Pensions Business Processing Outsourcing (BPO) Market By Type, By Services, By Organization Size, By Buyer Type, and By Region Forecast to 2028

Internet of Things Connectivity Market, By Component (Hardware, Software, Services), By Application (Building & Home Automation, Smart Energy & Utility), By Deployment Type (On-Premises, Cloud), By End-use, and By Region Forecast to 2030

Master Data Management (MDM) Market, By Component (Services and Solution), By Deployment (On-premise and Cloud), By Organization Size, By Data Type, By Application, By Verticals, and By Region Forecast to 2032

Security Information and Event Management Market, By Component (Solution, Services), By Deployment Type (Cloud Based, On-Premises), By Organization Size (Small and Medium-sized Enterprises), By End-Use, and By Region Forecast to 2030

Cloud Native Storage Market By Component (Solutions, Services), By Deployment Type (Public Cloud, Private Cloud), By Vertical (BFSI, Telecommunications, Retail & Consumer Goods, IT & ITES, Healthcare & Life Sciences), By Region Forecast to 2030

Centralized Workstations Market By Component (Hardware, Software, Service), By Type (1-to-1, 1-to-Many), By Organization Size (Large Enterprises, Small and Medium Enterprises (SMEs)), By Operating System (Unix, Linux, Windows, Others), By End-Use, and By Region Forecast to 2028

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: https://www.emergenresearch.com/

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Explore Our Japanese Version: Tactical Data Link Market

Explore Our Blogs and Insights Section: https://www.emergenresearch.com/insights

Read our Press Release @ https://www.emergenresearch.com/press-release/global-tactical-data-link-market



Contact Data