Defense Tactical Radio

Defense Tactical Radio
Global Defense Tactical Radio Market to Reach $23.6 Billion by 2030
The global market for Defense Tactical Radio estimated at US$11.2 Billion in the year 2022, is projected to reach a revised size of US$23.6 Billion by 2030, growing at a CAGR of 9.8% over the period 2022-2030. Handheld, one of the segments analyzed in the report, is projected to record 10.3% CAGR and reach US$13.4 Billion by the end of the analysis period. Growth in the Vehicle-Mounted segment is estimated at 9.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.6 Billion, While China is Forecast to Grow at 14.5% CAGR
The Defense Tactical Radio market in the U.S. is estimated at US$4.6 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.7 Billion by the year 2030 trailing a CAGR of 14.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 8.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.2% CAGR.Select Competitors (Total 48 Featured) - BAE Systems Barrett Communications Pty. Ltd. CODAN Limited General Dynamic Corporation L3Harris Technologies, Inc. Hytera Communications Corporation Limited ICOM Inc Leonardo S.P.A. Motorola Solutions, Inc. Rockwell Collins, Inc. Thales GroupPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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