Global Tactical Data Link Market Overview
The key drivers impacting the tactical data link are the increasing terrorist activities that have emphasized the development of efficient TDL. For example, the Jewish Virtual Library, International Terrorism report estimations show that there were over 715 terrorist attacks on an average, in which 745 hostages or kidnapped victims injured 1,623 people, caused 1,563 deaths per month across the globe in 2017. These include attacks targeting “violent political parties” that are occupied in terrorist attacks and electoral politics, which doubled in 2017, and attacks in opposition to tourists, which, though comparatively very rare, climbed by 27% in 2017. The growing terrorist activities have led to an emphasis on the development of efficient TDL. Moreover, the rising need for improved interoperability among forces contributes to tactical data link demand in the later years.
According to Value Market Research, the global tactical data link size was valued at about USD 6.12 billion in 2020 and is estimated to grow at a CAGR of around 7% during the forecast period 2021 to 2027.
The increased geopolitical tension and security threats will likely augment the demand for tactical data links in the forecast period. However, stringent military standards hamper the market in the long run. In addition, declining defense budgets act as a big challenge for the market. Nevertheless, the market trends, such as the need for accurate and real-time information on the battlefield and the elimination of moving time-sensitive targets, might provide massive market opportunities to the market's key players.
The tactical data link is widespread, with many local and international players. As a result, the market leaders follow diverse strategies to strengthen their market, such as amalgamation, extending product portfolio, acquisitions, contracts, product upgrades to raise their market share globally. The key players in the report are Curtiss-Wright Corporation, Raytheon Technologies Corporation, BAE Systems, Elbit Systems Ltd., Honeywell International, Inc., Dynamics Corporation, L3Harris Technologies, Inc., Leonardo SpA, Northrop Grumman Corporation, and Leonardo SpA, among others.
In this research report, the tactical data link is segmented by application, component, platform, and region.
Analysis by Application:
By Application, the report is divided into intelligence, surveillance, & reconnaissance (ISR), radio communication, command and control (C2), and electronic warfare (EW). The Command and Control (C2) segment dominates the application segment with a market share of 61% in 2020. It is due to the increasing need to enable military forces to make decisions and control their forces in tactical situations. Moreover, Tactical data link provides a means of effective command and control by enabling transmission of tactical information on a real-time or near real-time basis contributing to the high market demand for quality assurance & inspection applications.
Analysis by Component:
By component, the report is segmented into hardware, software. The software segment dominates with the highest market share in the forecast period. It is due to the up-gradation of the old tactical data link to the newer ones as it increases the vitality and security of data that are transmitted through hardware. Moreover, Software components focus substantially on communication and networking elements. Therefore, it ensures connectivity of various hardware components and provides a holistic picture of systems and personnel on the battlefield, thereby contributes to the growth of the software segment in the forecast period.
Analysis by Platform:
By platform, the report is divided into air-based, sea-based, land-based, and weapon-based. The air-based segment dominates the end-use segment with a market share of 53% in 2020. It is because airborne tactical data links can be used to provide high capacity and long-range communications for the use of satellite-based services. Moreover, utilization of tactical data link for airborne is important as active radar sensor tracking objects moving in the air can provide accurate ranging measurements and critical data on a real-time basis contributes to the increased market demand air-based platform.
Analysis by Region:
In the regional outlook of the global tactical data link, the North America region dominates with the largest market share of 40% in 2020. It is because raising terrorist activities and the various military equipment modernization programs, for example, Army’s Combat Ground Systems. Moreover, the presence of major tactical data link manufacturers, such as Northrop Grumman, General Dynamics, ViaSat, and Raytheon in the region, contribute to the tremendous market growth across North America.
Market Segmentation covered in the Report:
- Intelligence, Surveillance, & Reconnaissance (ISR)
- Radio Communication
- Command and Control (C2)
- Electronic Warfare (EW)
- Rotary Wing
- Fixed Wing
- Unmanned Systems
- Ground Control Station
- Unmanned Ground Vehicle
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.