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Defense Tactical Radio Market by Type and Application (Special Operation Force, Army, Navy, and Airforce): Global Opportunities Analysis and Industry Forecast, 2021-2030

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    Report

  • 215 Pages
  • February 2022
  • Region: Global
  • Allied Market Research
  • ID: 5578304
The global defense tactical radio market size was valued at $9.46 billion in 2020, and is projected to reach $26.59 billion by 2030, registering a CAGR of 10.5% from 2021 to 2030.



In the military and defense sector, tactical radio communication is majorly used to convey commands in the battlefield from one person to other. Defense tactical radio includes delivery of information through verbal, written, visual, or auditory medium. In modern times, it is usually transmitted through an electronic medium. Factors such as providing secured and noise free information to end users, rise in need for lightweight and small military handheld radio are identified as key trends that are expected to boost the market in the future.

The defense tactical radio market is analyzed and estimated in accordance with impacts of drivers, restraints, and opportunities. It also includes study of region wise growth prospects of the market. Porter's five forces analysis determines impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth. The period studied in this report is 2020–2030, wherein the forecast period is 2021–2030.

Presently, product launch strategy drives the market for defense tactical radio. Most companies analyzed in the report are adopting product launch strategy in the market. Increase in adoption of smart technology is a key contributor for emergence of the defense tactical radio market globally.

Segment Overview
The defense tactical radio industry is segmented into type, application, and region. Based on type, it is categorized into handheld and vehicle-mounted. On the basis of application, it is bifurcated into special operation force (SOF), army, navy and air force. Based on region, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.

The key players mentioned in the report are BAE Systems, BK Technologies, General Dynamic Corporation, Hytera Communications, ICOM Inc, L3 Harris Technologies, Leonardo S.P.A., MCS Digital, Motorola Solutions, and Thales Group. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.

Key Benefits for Stakeholders

  • This study comprises analytical depiction of the defense tactical radio market growth, opportunity, current trends, and future estimations to depict imminent investment pockets
  • The overall the defense tactical radio market analysis is determined to understand profitable trends to gain a stronger foothold
  • The report presents information related to key drivers, restraints, the defense tactical radio market trends, and opportunities with a detailed impact analysis
  • The defense tactical radio market outlook forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency
  • The Porter’s five forces analysis illustrates potency of buyers and the market share of key vendors
  • The report includes the market trends and the defense tactical radio market share of key vendors

Key Market Segments


By Type

  • Handheld
  • Vehicle-Mounted

By Application

  • Special Operation Force (SOF)
  • Army
  • Navy
  • Airforce

By Region

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY MARKET PLAYERS

  • Amkor Technology
  • Taiwan Semiconductor Manufacturing Company
  • ASE Group
  • AT & S
  • General Electric
  • Infineon
  • Fujikura
  • MicroSemi
  • TDK-Epcos
  • Schweizer

 

Please note:

  • Online Access price format is valid for 60 days access. Printing is not enabled.
  • PDF Single and Enterprise price formats enable printing.

 

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. Cxo Perspective
Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power Among Buyers
3.4. Market Share Analysis/Top Player Positioning
3.4.1. Market Share Analysis/Top Player Positioning 2020
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. Covid-19 Impact Analysis
Chapter 4: Defense Tactical Radio Market, by Type
4.1. Market Overview
4.1.1Market Size and Forecast, by Type
4.2. Handheld Radio
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Share Analysis, by Country
4.3. Vehicle Mounted
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Share Analysis, by Country
Chapter 5: Defense Tactical Radio Market, by Application
5.1. Market Overview
5.1.1Market Size and Forecast, by Application
5.2. Special Operation Forces
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Share Analysis, by Country
5.3. Navy
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Share Analysis, by Country
5.4. Air Force
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Share Analysis, by Country
5.5. Army
5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Share Analysis, by Country
Chapter 6: Defense Tactical Radio Market, by Region
6.1. Market Overview
6.1.1Market Size and Forecast, by Region
6.2. North America
6.2.1. Key Market Trends and Opportunities
6.2.2. Market Size and Forecast, by Type
6.2.3. Market Size and Forecast, by Application
6.2.4. Market Size and Forecast, by Country
6.2.5. U. S. Defense Tactical Radio Market
6.2.5.1. Market Size and Forecast, by Type
6.2.5.2. Market Size and Forecast, by Application
6.2.6. Canada Defense Tactical Radio Market
6.2.6.1. Market Size and Forecast, by Type
6.2.6.2. Market Size and Forecast, by Application
6.2.7. Mexico Defense Tactical Radio Market
6.2.7.1. Market Size and Forecast, by Type
6.2.7.2. Market Size and Forecast, by Application
6.3. Europe
6.3.1. Key Market Trends and Opportunities
6.3.2. Market Size and Forecast, by Type
6.3.3. Market Size and Forecast, by Application
6.3.4. Market Size and Forecast, by Country
6.3.5. UK Defense Tactical Radio Market
6.3.5.1. Market Size and Forecast, by Type
6.3.5.2. Market Size and Forecast, by Application
6.3.6. Germany Defense Tactical Radio Market
6.3.6.1. Market Size and Forecast, by Type
6.3.6.2. Market Size and Forecast, by Application
6.3.7. France Defense Tactical Radio Market
6.3.7.1. Market Size and Forecast, by Type
6.3.7.2. Market Size and Forecast, by Application
6.3.8. Russia Defense Tactical Radio Market
6.3.8.1. Market Size and Forecast, by Type
6.3.8.2. Market Size and Forecast, by Application
6.3.9. Rest of Europe Defense Tactical Radio Market
6.3.9.1. Market Size and Forecast, by Type
6.3.9.2. Market Size and Forecast, by Application
6.4. Asia-Pacific
6.4.1. Key Market Trends and Opportunities
6.4.2. Market Size and Forecast, by Type
6.4.3. Market Size and Forecast, by Application
6.4.4. Market Size and Forecast, by Country
6.4.5. China Defense Tactical Radio Market
6.4.5.1. Market Size and Forecast, by Type
6.4.5.2. Market Size and Forecast, by Application
6.4.6. Japan Defense Tactical Radio Market
6.4.6.1. Market Size and Forecast, by Type
6.4.6.2. Market Size and Forecast, by Application
6.4.7. India Defense Tactical Radio Market
6.4.7.1. Market Size and Forecast, by Type
6.4.7.2. Market Size and Forecast, by Application
6.4.8. South Korea Defense Tactical Radio Market
6.4.8.1. Market Size and Forecast, by Type
6.4.8.2. Market Size and Forecast, by Application
6.4.9. Rest of Asia-Pacific Defense Tactical Radio Market
6.4.9.1. Market Size and Forecast, by Type
6.4.9.2. Market Size and Forecast, by Application
6.5. Lamea
6.5.1. Key Market Trends and Opportunities
6.5.2. Market Size and Forecast, by Type
6.5.3. Market Size and Forecast, by Application
6.5.4. Market Size and Forecast, by Country
6.5.5. Latin America Defense Tactical Radio Market
6.5.5.1. Market Size and Forecast, by Type
6.5.5.2. Market Size and Forecast, by Application
6.5.6. Middle East Defense Tactical Radio Market
6.5.6.1. Market Size and Forecast, by Type
6.5.6.2. Market Size and Forecast, by Application
6.5.7. Africa Defense Tactical Radio Market
6.5.7.1. Market Size and Forecast, by Type
6.5.7.2. Market Size and Forecast, by Application
Chapter 7: Company Profiles
7.1. Bae Systems
7.1.1. Company Overview
7.1.2. Key Executives
7.1.3. Company Snapshot
7.1.4. Operating Business Segments
7.1.5. Product Portfolio
7.1.6. Business Performance
7.1.7. Key Strategic Moves and Developments
7.2. Bk Technologies
7.2.1. Company Overview
7.2.2. Key Executives
7.2.3. Company Snapshot
7.2.4. Operating Business Segments
7.2.5. Product Portfolio
7.2.6. Business Performance
7.2.7. Key Strategic Moves and Developments
7.3. General Dynamics Corporation
7.3.1. Company Overview
7.3.2. Key Executives
7.3.3. Company Snapshot
7.3.4. Operating Business Segments
7.3.5. Product Portfolio
7.3.6. Business Performance
7.3.7. Key Strategic Moves and Developments
7.4. Hytera Communications
7.4.1. Company Overview
7.4.2. Key Executives
7.4.3. Company Snapshot
7.4.4. Operating Business Segments
7.4.5. Product Portfolio
7.4.6. Business Performance
7.4.7. Key Strategic Moves and Developments
7.5. Icom Inc
7.5.1. Company Overview
7.5.2. Key Executives
7.5.3. Company Snapshot
7.5.4. Operating Business Segments
7.5.5. Product Portfolio
7.5.6. Business Performance
7.5.7. Key Strategic Moves and Developments
7.6. Leonardo
7.6.1. Company Overview
7.6.2. Key Executives
7.6.3. Company Snapshot
7.6.4. Operating Business Segments
7.6.5. Product Portfolio
7.6.6. Business Performance
7.6.7. Key Strategic Moves and Developments
7.7. L3 Harris Technology
7.7.1. Company Overview
7.7.2. Key Executives
7.7.3. Company Snapshot
7.7.4. Operating Business Segments
7.7.5. Product Portfolio
7.7.6. Business Performance
7.7.7. Key Strategic Moves and Developments
7.8. Mcs Digital
7.8.1. Company Overview
7.8.2. Key Executives
7.8.3. Company Snapshot
7.8.4. Operating Business Segments
7.8.5. Product Portfolio
7.8.6. Business Performance
7.8.7. Key Strategic Moves and Developments
7.9. Motorola Solutions
7.9.1. Company Overview
7.9.2. Key Executives
7.9.3. Company Snapshot
7.9.4. Operating Business Segments
7.9.5. Product Portfolio
7.9.6. Business Performance
7.9.7. Key Strategic Moves and Developments
7.10. Thales Group
7.10.1. Company Overview
7.10.2. Key Executives
7.10.3. Company Snapshot
7.10.4. Operating Business Segments
7.10.5. Product Portfolio
7.10.6. Business Performance
7.10.7. Key Strategic Moves and Developments
List of Tables
Table 1. Global Defense Tactical Radio Market, by Type, 2020-2030 ($Million)
Table 2. Global Defense Tactical Radio Market for Handheld Radio, by Region, 2020-2030 ($Million)
Table 3. Global Defense Tactical Radio Market for Vehicle Mounted, by Region, 2020-2030 ($Million)
Table 4. Global Defense Tactical Radio Market, by Application, 2020-2030 ($Million)
Table 5. Global Defense Tactical Radio Market for Special Operation Forces, by Region, 2020-2030 ($Million)
Table 6. Global Defense Tactical Radio Market for Navy, by Region, 2020-2030 ($Million)
Table 7. Global Defense Tactical Radio Market for Air Force, by Region, 2020-2030 ($Million)
Table 8. Global Defense Tactical Radio Market for Army, by Region, 2020-2030 ($Million)
Table 9. Global Defense Tactical Radio Market, by Region, 2020-2030 ($Million)
Table 10. North America Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 11. North America Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 12. U.S Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 13. U.S Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 14. Canada Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 15. Canada Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 16. Mexico Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 17. Mexico Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 18. Europe Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 19. Europe Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 20. Uk Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 21. Uk Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 22. Germany Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 23. Germany Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 24. France Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 25. France Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 26. Russia Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 27. Russia Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 28. Rest of Europe Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 29. Rest of Europe Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 30. Asia-Pacific Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 31. Asia-Pacific Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 32. China Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 33. China Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 34. Japan Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 35. Japan Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 36. India Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 37. India Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 38. South Korea Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 39. South Korea Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 40. Rest of Asia-Pacific Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 41. Rest of Asia-Pacific Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 42. Lamea Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 43. Lamea Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 44. Latin America Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 45. Latin America Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 46. Middle East Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 47. Middle East Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 48. Africa Defense Tactical Radio, by Type, 2020-2030 ($Million)
Table 49. Africa Defense Tactical Radio, by Application, 2020-2030 ($Million)
Table 50. Bae Systems: Key Executives
Table 51. Bae Systems: Company Snapshot
Table 52. Bae Systems: Operating Segments
Table 53. Bae Systems: Product Portfolio
Table 54. Bae Systems: Key Strategic Moves and Developments
Table 55. Bk Technologies: Key Executives
Table 56. Bk Technologies: Company Snapshot
Table 57. Bk Technologies: Operating Segments
Table 58. Bk Technologies: Product Portfolio
Table 59. Bk Technologies: Key Strategic Moves and Developments
Table 60. General Dynamics Corporation: Key Executives
Table 61. General Dynamics Corporation: Company Snapshot
Table 62. General Dynamics Corporation: Operating Segments
Table 63. General Dynamics Corporation: Product Portfolio
Table 64. General Dynamics Corporation: Key Strategic Moves and Developments
Table 65. Hytera Communications: Key Executives
Table 66. Hytera Communications: Company Snapshot
Table 67. Hytera Communications: Operating Segments
Table 68. Hytera Communications: Product Portfolio
Table 69. Hytera Communications: Key Strategic Moves and Developments
Table 70. Icom Inc: Key Executives
Table 71. Icom Inc: Company Snapshot
Table 72. Icom Inc: Operating Segments
Table 73. Icom Inc: Product Portfolio
Table 74. Icom Inc: Key Strategic Moves and Developments
Table 75. Leonardo: Key Executives
Table 76. Leonardo: Company Snapshot
Table 77. Leonardo: Operating Segments
Table 78. Leonardo: Product Portfolio
Table 79. Leonardo: Key Strategic Moves and Developments
Table 80. L3 Harris Technology: Key Executives
Table 81. L3 Harris Technology: Company Snapshot
Table 82. L3 Harris Technology: Operating Segments
Table 83. L3 Harris Technology: Product Portfolio
Table 84. L3 Harris Technology: Key Strategic Moves and Developments
Table 85. Mcs Digital: Key Executives
Table 86. Mcs Digital: Company Snapshot
Table 87. Mcs Digital: Operating Segments
Table 88. Mcs Digital: Product Portfolio
Table 89. Mcs Digital: Key Strategic Moves and Developments
Table 90. Motorola Solutions: Key Executives
Table 91. Motorola Solutions: Company Snapshot
Table 92. Motorola Solutions: Operating Segments
Table 93. Motorola Solutions: Product Portfolio
Table 94. Motorola Solutions: Key Strategic Moves and Developments
Table 95. Thales Group: Key Executives
Table 96. Thales Group: Company Snapshot
Table 97. Thales Group: Operating Segments
Table 98. Thales Group: Product Portfolio
Table 99. Thales Group: Key Strategic Moves and Developments
List of Figures
Figure 1. Global Defense Tactical Radio Market Segmentation
Figure 2. Global Defense Tactical Radio Market
Figure 3. Segmentation Defense Tactical Radio Market
Figure 4. Top Investment Pocket in Defense Tactical Radio Market
Figure 5. Top Winning Strategies, 2019-2021*
Figure 6. Top Winning Strategies, by Development, 2019-2021(%)
Figure 7. Top Winning Strategies, by Company, 2019-2021*
Figure 8. Moderate Bargaining Power of Buyers
Figure 9. Moderate Bargaining Power of Suppliers
Figure 10. Moderate Threat of New Entrants
Figure 11. Low Threat of Substitution
Figure 12. High Competitive Rivalry
Figure 13. Top Player Positioning, 2020
Figure 14. Market Share Analysis, 2020
Figure 15. Restraints and Drivers: Defense Tactical Radio Market
Figure 16. Defense Tactical Radio Market Segmentation, by Type
Figure 17. Defense Tactical Radio Market for Handheld Radio, by Country, 2020-2030 ($ Million)
Figure 18. Defense Tactical Radio Market for Vehicle Mounted, by Country, 2020-2030 ($ Million)
Figure 19. Defense Tactical Radio Market Segmentation, by Application
Figure 20. Defense Tactical Radio Market for Special Operation Forces, by Country, 2020-2030 ($ Million)
Figure 21. Defense Tactical Radio Market for Navy, by Country, 2020-2030 ($ Million)
Figure 22. Defense Tactical Radio Market for Air Force, by Country, 2020-2030 ($ Million)
Figure 23. Defense Tactical Radio Market for Army, by Country, 2020-2030 ($ Million)
Figure 24. Bae Systems: Net Sales, 2018-2020 ($ Million)
Figure 25. Bae Systems: Revenue Share, by Segment, 2020 (%)
Figure 26. Bae Systems: Revenue Share, by Region, 2020 (%)
Figure 27. Bk Technologies: Net Sales, 2018-2020 ($ Million)
Figure 28. Bk Technologies: Revenue Share, by Segment, 2020 (%)
Figure 29. Bk Technologies: Revenue Share, by Region, 2020 (%)
Figure 30. General Dynamics Corporation: Net Sales, 2018-2020 ($ Million)
Figure 31. General Dynamics Corporation: Revenue Share, by Segment, 2020 (%)
Figure 32. General Dynamics Corporation: Revenue Share, by Region, 2020 (%)
Figure 33. Hytera Communications: Net Sales, 2018-2020 ($ Million)
Figure 34. Hytera Communications: Revenue Share, by Segment, 2020 (%)
Figure 35. Hytera Communications: Revenue Share, by Region, 2020 (%)
Figure 36. Icom Inc: Net Sales, 2018-2020 ($ Million)
Figure 37. Icom Inc: Revenue Share, by Segment, 2020 (%)
Figure 38. Icom Inc: Revenue Share, by Region, 2020 (%)
Figure 39. Leonardo: Net Sales, 2018-2020 ($ Million)
Figure 40. Leonardo: Revenue Share, by Segment, 2020 (%)
Figure 41. Leonardo: Revenue Share, by Region, 2020 (%)
Figure 42. L3 Harris Technology: Net Sales, 2018-2020 ($ Million)
Figure 43. L3 Harris Technology: Revenue Share, by Segment, 2020 (%)
Figure 44. L3 Harris Technology: Revenue Share, by Region, 2020 (%)
Figure 45. Mcs Digital: Net Sales, 2018-2020 ($ Million)
Figure 46. Mcs Digital: Revenue Share, by Segment, 2020 (%)
Figure 47. Mcs Digital: Revenue Share, by Region, 2020 (%)
Figure 48. Motorola Solutions: Net Sales, 2018-2020 ($ Million)
Figure 49. Motorola Solutions: Revenue Share, by Segment, 2020 (%)
Figure 50. Motorola Solutions: Revenue Share, by Region, 2020 (%)
Figure 51. Thales Group: Net Sales, 2018-2020 ($ Million)
Figure 52. Thales Group: Revenue Share, by Segment, 2020 (%)
Figure 53. Thales Group: Revenue Share, by Region, 2020 (%)

Executive Summary

According to a recent report titled, “Defense Tactical Radio Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030”. The global defense tactical radio market size was valued at $9.46 billion in 2020, and is projected to reach $26.59 billion by 2030, registering a CAGR of 10.5% from 2021 to 2030.

The global defense tactical radio market is characterized by the presence a lot of local and international market players. The analysis illustrates the share of the prominent companies operating in the market. These companies tend to expand their market presence by adopting strategies such as acquisitions, partnerships, and product launches.

Tactical radio devices are primarily used in government, defense, public safety, and law enforcement organizations for effective communication services. Tactical radio devices are also increasingly being used in construction, manufacturing, transportation, and other commercial sectors for collaboration of workforce and to monitor assets as well as personnel. Rapid development in the commercial sector is progressively using low-cost digital medium of tactical radio driving the defense tactical radio market growth.

Europe is expected to exhibit moderate growth during the forecast period, owing to increasing demand for tactical radio from defense and public safety sectors. Use of tactical radio is gradually increasing in sectors such as transportation, construction, and hospitality. It is widely used for effective communication and provides enhanced services to users. The players in the market are developing high-quality and low-cost tactical radios to cater to small industries in the region. Europe primarily uses tactical radio in its defense and public safety sectors. These sectors use tactical radio for effective communication in times of terrorist attacks, fire, as well as during natural disasters, such as earthquakes, cyclones, and other calamities. Use of tactical radio enables first responders to provide safety to citizens and maintain peace in the region.

COVID-19 Impact Analysis


COVID-19 has caused the overall semiconductor industry to mobilize quickly and make short-term decisions with long-term implications. Semiconductor companies operate in a complex ecosystem, working across the value chain with numerous raw materials, assembly, test, package, and equipment suppliers & partners across the globe.

Demand from the IT & telecommunication segment is expected to increase, owing to factors such as rise in broadband usage, higher demand for cloud services, and video streaming. In addition, in the medium to long term, COVID-19 is expected to further propel the need for digital transformation and technologies, such as 5G, IoT, AI, and intelligent edge computing for future optimization.

The manufacturing sector witnessed severe loss; thus, no new orders have been placed during the pandemic. In addition, this impact is estimated to continue till 2021. Moreover, international consumers in defense tactical radio industry are in a very weak state, owing to lockdown imposed to tackle the pandemic. Although the defense tactical radio market trends in the U.S. and Europe witnessed mild recovery in the second half of 2020, they are still significantly down on pre-crisis levels. Therefore, the defense tactical radio market growth is facing major obstacles after emergence of the COVID-19 pandemic.

The pandemic is impacting production process of several industries, including semiconductor and electronics. Trade barriers are further constraining demand and supply outlook. The overall production process is adversely affected as governments of different countries have already announced total lockdown and temporary shutdown of industries.

Key Findings Of The Study


  • The handheld radio segment is expected to generate the highest revenue during the defense tactical radio market forecast period
  • The special operation forces segment is expected to generate the highest revenue during the forecast period
  • North America is expected to register the highest revenue during the forecast period
  • The key players mentioned in the report are BAE Systems, BK Technologies, General Dynamic Corporation, Hytera Communications, ICOM Inc, L3 Harris, Leonardo S.P.A, MCS Digital, Motorola Solutions, and Thales Group These key players have adopted several strategies, such as new product launch & development, acquisition, partnership & collaboration, and business expansion, to increase their footprint in the defense tactical radio industry during the forecast period

Companies Mentioned

  • BAE Systems
  • BK Technologies
  • General Dynamic Corporation
  • Hytera Communications
  • ICOM Inc
  • L3 Harris
  • Leonardo S.P.A.
  • MCS Digital
  • Motorola Solutions

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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