Product ID: SQSG45H2011
Global Tactical Data Link Market Size, Share, Growth Analysis, By Component(Hardware, Software), By Application(Comm, & Control), By Platform(Air-Based, Land-Based), By Data Link Type(Link 11, Link 16) - Industry Forecast 2024-2031
Report ID:
SQSG45H2011 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
121 |
Figures:
77
Global Tactical Data Link Market Insights
Global Tactical Data Link Market size was valued at USD 7.87 billion in 2019 and is poised to grow from USD 8.23 billion in 2023 to USD 11.81 billion by 2031, growing at a CAGR of 4.72% in the forecast period (2024-2031).
Armed troops can communicate using radio waves or cables via a tactical data link. It is increasingly becoming a crucial component of military communication systems. Additionally, it provides robust support for military assets such as air, land, and sea, resulting in an effective and seamless networking system. The tactical data link consists of computer hardware, interfaces, sensors, and communication networks. The market is influenced by things like the expansion of initiatives for modernising the airspace, the introduction of new forms of combat, etc.
A number of variables, including an increase in orders for specialised communication-on-the-move solutions for autonomous ground vehicles, as well as the rising military budgets for militaries in emerging nations, are expected to propel market growth.
Global economies have been severely impacted by the COVID-19 pandemic. Tactical data linkages, component manufacturing, and assembly lines all have effects. For several industries, COVID-19 has created a number of difficulties. That holds true for the aerospace and defence sector as well. Several nations have cut their defence budgets as a result of the COVID-19 epidemic. Most research projects are halted as a result. Additionally, there has been a decrease in the export of tactical data linkages to a number of nations in the Middle East, Africa, and Latin America. The creation of tactical data linkages is impacted by all of these scenarios.
US Tactical Data Link Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Tactical Data Link Market Report Snapshots
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