Europe Tactical Communication Market Size, Share & Industry Trends Analysis Report By Technology, By Platform (Ground, Airborne, Naval and Space), By Component (Hardware and Software), By Application, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Tactical Communication Market would witness market growth of 8.7% CAGR during the forecast period (2022-2028).
Armed forces are enhancing their land-based mission capabilities because they have the most vehicles and the most men. As land-based communication networks develop, ground soldiers will be able to use mobile phones and effective wireless communication devices while moving in ground vehicles or as dismounted infantry.
A greater need for encrypted communication among land-based forces has led to the development of more mobile communication options with a smaller form factor, including manpack radios. By giving military troops on the ground more data bandwidth, current 5G and impending 6G networks hope to open up new vistas in tactical communication. This will lead to quicker data rates, better connectivity, and a longer range. During the forecast period, these technologies are also expected to open up prospects for terrestrial platforms.
Following the United Kingdom's GBP 79 or USD 90.2 billion (including land defense systems) and France's EUR 50.9 billion or USD 58.1 billion, Germany has Europe's third-largest aerospace and military sector with 2020 revenues of USD 35.4 billion. A third of German production, or USD 26.2 billion, is exported. A quarter of total exports, or USD 6.7 billion, went to France. These exports are largely related to internal commerce inside Airbus due to its geographically scattered production model, which includes several important facilities in Germany and France.
The Germany market dominated the Europe Tactical Communication Market by Country in 2,021, and would continue to be a dominant market till 2,028; thereby, achieving a market value of $2,157.3 million by 2,028. The UK market is anticipated to grow at a CAGR of 7.8% during (2,022 - 2,028). Additionally, The France market would exhibit a CAGR of 9.6% during (2,022 - 2,028).
Based on Technology, the market is segmented into VHF/UHF/L-Band, SATCOM, HF Communication and Data Link. Based on Platform, the market is segmented into Ground, Airborne, Naval and Space. Based on Component, the market is segmented into Hardware and Software. Based on Application, the market is segmented into Command & Control, Intelligence, Surveillance & Reconnaissance (ISR), Situational Awareness and Routine Operations. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Tactical Communication Market will Hit $33.1 Billion by 2028, at a CAGR of 9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thales Group S.A., Raytheon Technologies Corporation, General Dynamics Corporation, BAE Systems PLC, L3Harris Technologies, Inc. (L3Harris WESCAM), Lockheed Martin Corporation, Northrop Grumman Corporation, Cobham Limited (Eaton Corporation PLC), Rohde & Schwarz GmbH & Co. KG, and Viasat, Inc.
Scope of the Study
Market Segments Covered in the Report:
- HF Communication
- Data Link
- Command & Control
- Intelligence, Surveillance & Reconnaissance (ISR)
- Situational Awareness
- Routine Operations
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Thales Group S.A.
- Raytheon Technologies Corporation
- General Dynamics Corporation
- BAE Systems PLC
- L3Harris Technologies, Inc. (L3Harris WESCAM)
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Cobham Limited (Eaton Corporation PLC)
- Rohde & Schwarz GmbH & Co. KG
- Viasat, Inc.
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