Title: Defense Tactical Radio Market Expected to Reach $17,874.1 Million, Globally, by 2023
1Defense Tactical Radio Market
Global Opportunities Analysis and Industry
Forecast, 2017-2023
Pages 208 Publish Date Mar 2018
2 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
3 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.co
m/defense-tactical-radio-market
4 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.
5 Defense Tactical Radio Market
6 Key Players In Industry
- 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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7 Defense Tactical Radio Market Segments
8 Defense Tactical Radio Market By Geography
- North America, Europe, Asia-Pacific, LAMEA
9 Thank You! For More Details
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