Global Tactical Data Link Market is Projected to Reach $85.66 Billion by 2027

-
KEY FINDINGS
The tactical data link is turning into an essential part of military communication systems. It provides strong support for all three assets of the military (air, land, and sea) under one roof, creating an efficient and seamless networking system.
The global tactical data link market generated a revenue of $XX billion in 2018 and is projected to reach $85.66 billion by 2027, at a CAGR of 6.33% through the forecast years of 2019-2027. The market is primarily driven by increasing geopolitical tension and threats occurring across the world.

 To know more about this report, request a free sample.

MARKET INSIGHTS
With the increasing adoption of Tactical Data Link (TDL), there have been newer challenges budding in the market such as the stringent military standards, slowing defence spending, data security and loss of data across different link types create some heavy restraints for the global TDL market to expand further. The global tactical data link market is segmented on the basis of the application, platform, and component. The adoption of a portable waveform software system for easy and quick communication and the elimination of moving time-sensitive targets will be favoring several opportunities for market growth.

REGIONAL INSIGHTS
The global tactical data link market is segmented on the basis of geography into expanses of North America, Europe, Asia Pacific and the Rest of World regional segment.
North America accounts for the largest share with a total share of XX% in the market owing to high military spending by the government of the United States and presence of big companies operating on the market, which holds a considerable share in the market and strategies adopted by these companies such as government collaboration is expected to propel the market revenue.

COMPETITIVE INSIGHTS
Rockwell Collins, Aselsan A.S., Leonardo, Bae Systems Inc., Telefunken Radio Communication Systems GmbH & Co. Kg (RACOMS), Leidos, Northrop Grumman Corporation, Iridium Communication, Thales Group, Raytheon Corporation, SAAB, ViaSat Inc., Tactical Communications Group, LLC, General Dynamics Corporation and L3 Technologies, Inc. is the major market players in the global arena, where they employ organic strategies such as merger & acquisition, partnership, contracts, agreements, and new product launch to gain a competitive edge over the other.


RELATED REPORTS:

    • Location: Boston, MA, USA

    Comments

    Post a Comment

    Popular posts from this blog

    Asia Pacific Fixed Wing VTOL Aircraft Market is Estimated to Grow With 22.82% CAGR by 2027

    -
    Image
    KEY FINDINGS Fixed-wing VTOLaircraft are able to take off vertically and can land in the same manner. The Asia Pacific fixed wing VTOL aircraft market is estimated to grow with 22.82% CAGR during the forecasting year 2019-2027. The market is anticipated to grow to $XX million in 2027. The base year considered for the study is 2018 and the estimated period is between 2019-2027. To know more about this report, request a free sample copy . MARKET INSIGHTS Asia Pacific region will show rising trends for fixed-wing VTOL aircraft market in the upcoming years. Apart from several developments, various other nations in the APAC region are also rigorously undertaking developmental initiatives. The economies of China, India, Japan, South Korea, Australia, and the remaining countries collectively considered to belong to the Rest of APAC regional segment are the major influencers of the fixed-wing VTOL aircraft market in Asia Pacific region.  China is one of the prominent co...
    Read more

    Global Fixed Wing VTOL Aircraft Market is Expected to Grow With 19.11% CAGR by 2019-2027

    -
    Image
    KEY FINDINGS Fixed-wing VTOL aircraft are considered to be more beneficial than the traditional aircraft. They can depart vertically and can land in the same manner, without relying on the regular runway infrastructure. After vertical takeoff, these aircraft transit into the horizontal flight to attain the desired speed and altitude. The global fixed wing VTOL aircraft market is estimated to grow with 19.11% CAGR during the forecasting years of 2019-2027. The market is anticipated to grow to $10,647 million in 2027. To request a free sample copy of this report:  https://www.inkwoodresearch.com/reports/global-fixed-wing-vtol-aircraft-market/ MARKET INSIGHTS The most important driver is demand from defense applications. Fixed-wing VTOL aircraft are able to hover in the air along with vertical takeoff and landing capabilities which makes them ideal for the defense industry. Some of the defense applications where fixed-wing VTOL aircraft have been deployed are Intel...
    Read more