August 30, 2022 06:54 ET | Source: Vantage Market Research Vantage Market Research
WASHINGTON, Aug. 30, 2022 (GLOBE NEWSWIRE) -- The Tactical Data Link Market is a secure, jam-restraining connection that gives soldiers access to situational awareness. The Tactical Data Link Market consists of computer hardware, interfaces, sensors, and communication networks. Some of the key factors driving the growth of the worldwide tactical data connection market are rising geopolitical tension, security threats, and the desire for a secure network to share data between maritime, airborne, or terrestrial radio communications at high speeds. Additionally, the need for precise and real-time information on the battlefield and the desire for modern communication systems are anticipated to drive considerable growth in the worldwide tactical data connection market in the coming years.
The Global Tactical Data Link Market revenue is expected to reach a value USD 9.7 Million in 2028.
The Global Market revenue was valued at USD 6.4 Million in 2021 and is expected to grow to exhibit a Compound Annual Growth Rate (CAGR) of 7.3% during the forecast period; states Vantage Market Research, in a report, titled “Tactical Data Link Market Size, Share & Trends Analysis Report by Platform (Ground, Airborne, Naval, Unmanned Systems, Weapons), by Application (Command & Control, Intelligence, Surveillance & Reconnaissance, Electronic Warfare, Radio Communications), by Component (Product, Software Solution), by Frequency (High Frequency, Ultra High Frequency), by Data Link Type (Link 11, Link 16, Link 22, Other Data Link Types), by Point of Sale (OEM, Aftermarket), by Military Standard (MIL STD 6011, MIL STD 6016, MIL STD 6017, MIL STD 6020, MIL STD 3011), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)”.
Key Industry Findings & Insights from the report:
Get Access to a Free Copy of Our Latest Sample Report @ https://www.vantagemarketresearch.com/tactical-data-link-market-1809/request-sample
The rise in Airspace Modernization Programs
To improve safety and reduce aircraft delays, North American and European nations prioritize modernizing and redesigning their airspace. Airspace modernization, which entails the installation of new technologies and components to communicate effectively with air traffic managers, perform multidimensional aircraft tracking, and improve navigation by producing an image of the forward external scene topography, has a number of advantages, including better routing decisions, improved pilot communications, and increased efficiency. When effectively implemented, these airspace modernization schemes provide fuel savings, improved air quality, and decreased carbon emissions. New communication antennas are being designed as part of aerospace modernization efforts to improve aircraft connectivity. For instance, ThinKom Solutions, which provides flexible installation choices for special-purpose airplanes, built a new communication antenna in March 2021. A new version of the company's Variable Inclination Continuous Transverse Stub (VICTS) antenna has been created for use in military and government Beyond-Line-of-Sight (BLoS) applications.
Growing Demand for Enhanced Interoperability
The Electromagnetic Compatibility (EMC) design is integral to electrical components and systems. The development of advanced system solutions is accelerating in response to the increased demand for enhanced interoperability across armed forces and coalition partners. The interoperability allows the system or arm forces to work together in a particular situation and improve communication security. As a result of the growing demand for secure communication, end users are increasingly adopting Tactical Data Link Market solutions.
On March 27, 2020, North Macedonia became a member of NATO. NATO communicates with its coalition allies through military data links 16 networks. The need for standardized Tactical Data Link Market ages is anticipated to increase during the projected period as more and more countries join NATO.
Purchase This Premium Report (Price 4500 USD for a single-user license) at @ https://www.vantagemarketresearch.com/buy-now/tactical-data-link-market-1809/0
Benefits of Purchasing Tactical Data Link Market Reports:
The COVID-19 outbreak has affected various industries worldwide. Governments across the world implemented strict lockdown measures and social distancing norms in order to restrict the swift spread of the pandemic. Manufacturing facilities around the world were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pandemic might lead to a significant delay in the commercial roll-out of the manufacturing industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020.
Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:
The report on Tactical Data Link Market highlights:
Read Full Research Report @ https://www.vantagemarketresearch.com/industry-report/tactical-data-link-market-1809
North America is expected to dominate the growth of Tactical Data Link Market in 2021. North America is predicted to steer the Tactical Data Link Marketplace proportion due to the highest defense expenditure by the U.S. Additionally, mounting spending on developing advanced military security solutions and the presence of many hardware and software developers across the region further supports the market growth during the forecast period. However, Asia Pacific is expected to grow at the fastest CAGR over the forecast period. This surge in growth is owing to the increasing defense expenditure from China, India, South Korea, and others.
List of Prominent Players in Tactical Data Link Market:
Browse market data Tables and Figures spread through 145 Pages and in-depth TOC on "Tactical Data Link Market Size, Share & Trends Analysis Report by Platform (Ground, Airborne, Naval, Unmanned Systems, Weapons), by Application (Command & Control, Intelligence, Surveillance & Reconnaissance, Electronic Warfare, Radio Communications), by Component (Product, Software Solution), by Frequency (High Frequency, Ultra High Frequency), by Data Link Type (Link 11, Link 16, Link 22, Other Data Link Types), by Point of Sale (OEM, Aftermarket), by Military Standard (MIL STD 6011, MIL STD 6016, MIL STD 6017, MIL STD 6020, MIL STD 3011), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)".
January 2022, BAE Systems Technology Solutions and Services was awarded a contract to provide research and development, engineering, technical, and logistics support services in support of the delivery of radio communication systems valued at USD 32.3 million. The contract is projected to be completed in June 2027.
January 2022, Curtiss-Wright Corporation updated its entire Link 16 Tactical Data Link Market product line to comply with the Link 16 Cryptographic Modernization (Crypto Mod) capability mandate from the U.S. National Security Agency (NSA).
January 2021, BAE Systems announced that it is in the R&D phase to develop rugged weapon data link radio to help guide hypersonic weapons to their targets.
Key Questions Answered in The Report:
This market titled “Tactical Data Link Market” will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:
The report can be customized as per client needs or requirements. For any queries, you can contact us on sales@vantagemarketresearch.com or +1 (202) 380-9727. Our sales executives will be happy to understand your needs and provide you with the most suitable reports.
We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research reports. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.
Follow Us on LinkedIn: https://www.linkedin.com/company/vantage-market-research/
Follow Us on Twitter: https://twitter.com/vantagemarketr
Follow Us on Facebook: https://www.facebook.com/vantagemarketresearch
6218 Georgia Avenue NW Ste 1 - 564
Website: https://www.vantagemarketresearch.com/
Latest Vantage Market Research Press Releases @https://www.vantagemarketresearch.com/insight/press-releases
Latest Vantage Market Research Blog @ https://www.vantagemarketresearch.com/insight/blogs