Defense Tactical Radio Market by Type (Handheld and Vehicle-mounted), by Application (Special Operation Force (SOF), Army, Navy, and Air force)- Global Opportunity Analysis and Industry Forecast, 2020 – 2030

"Market Definition:
The Global Defense Tactical Radio Market was valued at USD 11.65 billion in 2019 and is expected to garner USD 32.49 billion by 2030, at a CAGR of 9.70% during the forecast period, from 2020 to 2030.
Defense tactical radio is an instrument adopted by military and armed-forces to communicate auditory tactical information, commands, and directions, majorly in encrypted form. Defense radios are embedded with encryption and frequency hopping to avoid monitoring and recognition by radio direction finding systems. This prevents enemy forces from listening to the tactical information. These radios are heavy and built for field use. As these radios are built for field use, they are heavier and more ruggedly constructed than portable civilian radios. With technological evolution, defense tactical radios are getting more compact, lighter in weight and less expensive, offering high-tech features such as superior sound quality, emergency tracking, and geofencing.
Market Dynamics and Trends
The expansion of the defense tactical radio market is attributed to its versatile applications in the defense & military sector such as wide area surveillance in combat-field, increasing deployment in assisting multiple-missions, and communicating tactical-information related to target acquisition and damage assessment. Moreover, rising awareness regarding the significance of effective communication, growing demand for wireless, disturbance-free, superior sound quality communicating media, and advancements in technology are further boosting the market growth.
However, spectrum shortage and limited channel capability are expected to hamper the market growth during the forecast period. On the other hand, growth of defense & military sector in the emerging economies propels the demand for defense tactical radios and government initiatives in reinforcing the telecommunication sector, is creating lucrative opportunities for the defense tactical radio market.
Market Segmentations and Scope of the Study:
The global defense tactical radio market is segmented based on type, application, and geography. In terms of type, the market is bifurcated into handheld and vehicle-mounted. On the basis of application, the market is divided into special operation force (SOF), army, navy, and air force. Based on geography, the market is fragmented into North America, Europe, Asia-Pacific, and Rest of World (RoW).
Geographical Analysis
North America is expected to maintain its dominance in the global defense tactical radio market during the forecast period due to the presence of a highly reinforced defense and military sector, developed economies, high government spending on battle equipment, and presence of key market players.
The market in Asia Pacific is estimated to expand at a high CAGR during the forecast period due to the high demand for effective communication in war field, rise in government initiatives to improve better public safety, increase in investments by regulatory bodies to strengthen the defense sector, and the presence of emerging economies such as India and China.

Competitive Landscape

Major participants in the defense tactical radio market are 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., and Thales S.A.
In January 2020, Rohde & Schwarz delivered more than 10,000 R&S M3SR software defined radios, accomplishing a milestone. The highly modular software defined radios (SDR) offered by the company are optimized for stationary and shipborne secure voice and data communications. The SDRs offer a wide range of system interfaces and waveforms, including standard and proprietary frequency hopping waveforms, and radio communications in line with all relevant NATO standards. These are compatible with military data transmission methods such as LINK11 and LINK22, and their functionality can be enhanced through subsequent software updates.
In November 2019, BARRETT Communications was awarded with the multiyear contract for supplying the Department of National Defence (DND) of Canada with very high frequency (VHF) radio communications equipment. The Barrett PRC-2080+ VHF radio systems designed for multi-role military applications, provides rugged reliable field proven communications, offering in-hand portable, manpack, vehicle, base and rebroadcast system configurations, thus offering flexibility for its deployment in the field.

KEY MARKET SEGMENTS:
• Global Defense Tactical Radio Market –

By Type

o Handheld
o Vehicle-mounted
• Global Defense Tactical Radio Market –

By Application

o Special Operation Force (SOF)
o Army
o Navy
o Air force
• Global Defense Tactical Radio Market – By Geography
o North America
 U.S.
 Canada
 Mexico
o Europe
 UK
 Germany
 France
 Italy
 Russia
 Rest of Europe
o Asia-Pacific
 China
 India
 Japan
 Australia
 South Korea
 Rest of Asia-Pacific
o RoW
 UAE
 Saudi Arabia
 South Africa
 Brazil
 Remaining Countries

KEY PLAYERS:
• 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."