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Tactical Communications Market Share

Report ID: GMI2069
Published Date: Sep 2024
Report Format: PDF

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Tactical Communications Market Share

The tactical communications industry is a competitive field shaped by several important factors. Big companies like L3Harris Technologies, Honeywell, and General Dynamics are always working on new and better ways to communicate, focusing on making their systems safe and reliable. To stay ahead, these companies try to add new features like AI and flexible software to meet the changing needs of their military customers.

Well-known names like Lockheed Martin, Northrop Grumman, and BAE Systems use their connections and partnerships to reach more customers. Other companies, such as Thales Group and Elbit Systems, try to stand out by offering custom solutions and great customer support. In this market, the growth comes from a mix of new technology, smart pricing, and getting products to customers effectively.

Tactical Communications Market Companies

Major players operating in the tactical communications industry are:

Aselsan A.S.
BAE Systems
Barrett Communications
Bharat Electronics Ltd.
Cobham Advanced Electronic Solutions Inc.
Collins Aerospace
Curtiss-Wright Corporation
Data Link Solutions
Elbit Systems Ltd.
General Dynamics Corporation
Honeywell International Inc.
L3Harris Technologies
Leonardo S.p.A.
Lockheed Martin Corporation
Northrop Grumman Corporation
Rafael Advanced Defense Systems Ltd.
Rohde & Schwarz
Rolta India Limited
Saab AB
Thales Group
Ultra
Viasat Inc.

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The global market size for tactical communications was valued at USD 19.9 billion in 2023 and is estimated to grow at a CAGR of over 5.9% from 2024 to 2032, driven by increasing defense budgets.

The software segment in the tactical communications market is the fastest growing, with a CAGR of over 7% in 2023, due to its role in ensuring smooth operations and information security.

North America dominated the market with a share of over 35% in 2023, attributed to substantial defense investments.

Major players in the industry include Aselsan A.S., BAE Systems, Barrett Communications, Bharat Electronics Ltd., Cobham Advanced Electronic Solutions Inc., Rohde & Schwarz, Rolta India Limited, Saab AB, Thales Group, Ultra, and Viasat Inc.