Defense Tactical Radio Market Expansion 2024-2033: Growth Drivers and Dynamics

Overview and Scope

A defense tactical radio is a type of communication device designed specifically for military operations and defense applications to ensure effective communication, coordination, and situational awareness in various operational scenarios. Defense tactical radios are used for secure and reliable communication among military personnel, units, and command centers.

Sizing and Forecast

The defense tactical radio market size has grown rapidly in recent years. It will grow from $14.31 billion in 2023 to $16.04 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to growing awareness of dental health and aesthetics, increased prevalence of dental disorders and cavities, expanding aging population and dental care needs, rise in cosmetic dentistry and demand for esthetic solutions, regulatory support for dental materials development..

The defense tactical radio market size is expected to see rapid growth in the next few years. It will grow to $24.18 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to rising global focus on preventive dental care, increasing demand for minimally invasive dental procedures, regulatory initiatives promoting safe and effective dental products, shifting dental care trends influencing adhesive and sealant usage.. Major trends in the forecast period include advancements in dental technology, growing emphasis on aesthetic dentistry, innovative medical tools, partnership and collab.

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Segmentation & Regional Insights

The defense tactical radio market covered in this report is segmented –

1) By Type: Handheld, Vehicle-Mounted
2) By Technology: Analog, Digital, Hybrid
3) By Application: Collaborative Chat, Intelligence Gathering, Frequency Hopping, Emergency Communication, Position Tracking, Security
4) By End-User: Military, Homeland Security, Law Enforcement, Emergency Services

North America was the largest region in the defense tactical radio market in 2023. The regions covered in the defense tactical radio market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth

The rising incidences of cross-border terrorism are expected to propel the growth of the defense tactical radio market going forward. Cross-border terrorism refers to acts of terrorism that are carried out by individuals, groups, or organizations in one country against the citizens, property, or interests of another country, often with the support and sponsorship provided by a third country. Defense tactical radios are used by the military and defense forces to facilitate secure and efficient communication among personnel to counter and mitigate cross-border terrorism acts or attacks. For instance, in March 2023, according to the Global Terrorism Index, a report published by the Institute for Economics and Peace, an Australia-based non-profit organization, there were an average of 1.3 deaths per terrorist attack in 2021, and it has increased to an average of 1.7 people per attack in 2022. Therefore, rising incidences of cross-border terrorism are driving the growth of the defense tactical radio equipment market.

Key Industry Players

Major companies operating in the defense tactical radio market report are RTX Corporation, General Dynamic Corporation, Northrop Grumman Corporation, BAE Systems plc, Thales Group, L3Harris Technologies Inc., Leonardo S.P.A., Motorola Solutions Inc., Rheinmetall AG, Elbit Systems Ltd., Saab AB, Kongsberg Gruppen, ITT Inc., Rohde & Schwarz GmbH & Co KG, Cobham Limited, Iridium Communications Inc., Codan Limited, Tadiran Telecom L.P., Tait Communications Limited, Sepura Limited, ICOM Inc., Hytera Communications Corporation Limited, Datron World Communications Inc., Radmor S.A., Thuraya Telecommunications Company, BK Technologies Inc., Rolta India Limited, Kenwood Corporation</b

The defense tactical radio market report table of contents includes:

1. Executive Summary
2. Defense Tactical Radio Market Characteristics
3. Defense Tactical Radio Market Trends And Strategies
4. Defense Tactical Radio Market – Macro Economic Scenario
5. Global Defense Tactical Radio Market Size and Growth
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32. Global Defense Tactical Radio Market Competitive Benchmarking
33. Global Defense Tactical Radio Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Defense Tactical Radio Market
35. Defense Tactical Radio Market Future Outlook and Potential Analysis
36. Appendix