USD 7.87 billion
Report ID:
SQSG45H2011 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|Tables:
121
|Figures:
77
Global Tactical Data Link Market size was valued at USD 7.87 billion in 2019 and is poised to grow from USD 8.23 billion in 2023 to USD 11.81 billion by 2031, growing at a CAGR of 4.72% in the forecast period (2024-2031).
Armed troops can communicate using radio waves or cables via a tactical data link. It is increasingly becoming a crucial component of military communication systems. Additionally, it provides robust support for military assets such as air, land, and sea, resulting in an effective and seamless networking system. The tactical data link consists of computer hardware, interfaces, sensors, and communication networks. The market is influenced by things like the expansion of initiatives for modernising the airspace, the introduction of new forms of combat, etc.
A number of variables, including an increase in orders for specialised communication-on-the-move solutions for autonomous ground vehicles, as well as the rising military budgets for militaries in emerging nations, are expected to propel market growth.
Global economies have been severely impacted by the COVID-19 pandemic. Tactical data linkages, component manufacturing, and assembly lines all have effects. For several industries, COVID-19 has created a number of difficulties. That holds true for the aerospace and defence sector as well. Several nations have cut their defence budgets as a result of the COVID-19 epidemic. Most research projects are halted as a result. Additionally, there has been a decrease in the export of tactical data linkages to a number of nations in the Middle East, Africa, and Latin America. The creation of tactical data linkages is impacted by all of these scenarios.
US Tactical Data Link Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 7.87 billion
Largest Segment
Hardware
Fastest Growth
Hardware
Growth Rate
4.72% CAGR
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The global tactical data link market is segmented based on Component, Application, Platform, data link type, and Region. Based on Component Tactical Data Link Market is segmented into Hardware and Software. Based on Application Tactical Data Link Market is segmented into: Command & Control, Intelligence, Surveillance & Reconnaissance, Electronic Warfare (EW), and Radio Communication. Based on Platform Tactical Data Link Market is bifurcated into Air-Based, Land-Based, Sea-Based, and Weapon-Based. Based on data link type, the Tactical Data Link Market is segmented into Link 11, Link 16, Link 22, and others. Based on region Tactical Data Link Market is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
Tactical Data Link Market Analysis by Application
Throughout the projection period, the command & control sector is predicted to have the market's fastest rate of growth. The segment makes reference to tactical data linkages that are necessary for executing command and control operations. The implementation entails connecting the computer networks of the command and control units and connecting those networks to the armament systems. As a result, real-time tactical information is exchanged securely and quickly.
The Chinese government launched a military modernisation initiative in 2017 to integrate tactical data links for conducting command and control operations, according to the Uniform Social Credit Code (USCC).
The application category's intelligence, surveillance, and reconnaissance segment likewise captured the lion's share of the market. To successfully and tactically help the fighting troops use their sensors, it requires integrating and connecting a variety of functions across a battlefield. Additionally, it gives them the ability to manage tactical and important information gleaned from the battlefield in a singular way.
Australia's government integrated an investment programme, spending up to $18 billion to improve its intelligence, surveillance, and reconnaissance (ISR) capabilities, according to the Australian Government Department of Defence (DoD).
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Over the course of the projection period, North America will continue to dominate and develop at the quickest rate for the tactical data link market, with the US holding the majority of the regional market share in the year 2021. The market in North America is primarily being driven by the rising need for tactical data links in the US and Canada for unmanned aerial vehicles and unmanned ground vehicles for various military applications.
The high growth rate of the region is ascribed to the rise in terrorism, network-enabled weapons, and skyrocketing defence spending, as well as investments in tactical data link systems. L3harris Technologies (US), Honeywell International Inc (US), General Dynamics Corporation (US), Lockheed Martin (US), and ViaSat are some of the major market participants for tactical data links in North America (US).
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Tactical Data Link Market Driver
Tactical Data Link Market Restraint
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Tactical Data Link Market Top Players Company Profiles
Tactical Data Link Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, by Application, the command & control segment is estimated to have the largest share of the market. Region-wise, the North America had dominated the market due to the he rising need for tactical data links in the US and Canada for unmanned aerial vehicles and unmanned ground vehicles for various military applications.
Report Metric | Details |
---|---|
Market size value in 2019 | USD 7.87 billion |
Market size value in 2031 | USD 11.81 billion |
Growth Rate | 4.72% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Tactical Data Link Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Tactical Data Link Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Tactical Data Link Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Report ID: SQSG45H2011
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