( PR4US.com | Press Release | 2017-10-25 23:21:06 )
Demand for improved interoperability among military forces and increased geopolitical tensions and security threats are key factors expected to drive the tactical data link market during the forecast period.
According to latest news, The tactical data link market is projected to grow from USD 4.76 Billion in 2017 to USD 6.43 Billion by 2022, at a CAGR of 6.17% from 2017 to 2022. For complete news, download PDF brochure, click here: https://tinyurl.com/yda7g66l
Based on application, the tactical data link market has been segmented into intelligence, surveillance, & reconnaissance, radio communication, command and control, and electronic warfare. Rising threats, advancements in technology, and futuristic conflicts have increased the need for tactical data.
Based on platform, the tactical data link market has been segmented into air-based, land-based, sea-based, and weapon-based. The air-based segment includes systems that have key role in delivering tactical data to ground control station in taking necessary actions in tactical situations by gathering information from aircraft will help military personnel to have high command & control capabilities in such incidences.
Based on component, the market has been segmented into hardware and software. The software segment is projected to grow at a high rate during the forecast period. This growth is due to upgradation of old tactical data link to the newer ones as it increases the vitality and security of data which are transmitted through hardware.
North America, Europe, Asia Pacific, the Middle East, and RoW (Rest of the world) have been considered in the regional analysis of the tactical data link market. North America is estimated to lead the tactical data link market in 2017, owing to the presence of major tactical data link manufacturers, such as Northrop Grumman, General Dynamics, ViaSat, and Raytheon in the region.
L3 Technologies (US), Rockwell Collins (US) and ViaSat (US) are some of the major market players operating in the tactical data link market. These players have an extensive geographical reach and distribution channels.
For complete information, read here: https://tinyurl.com/ya27yzlk