Tactical Data Link Market Impressive Growth | Top Companies Manufactures, Size, Value Share, Regional Insight and COVID-19 Pandemic Impact by Forecast to 2028

Market Overview

Market Research Future (MRFR) expects the Tactical Data Link Market 2020 to touch USD 9,230 Million by 2028. The new MRFR study also reveals that the market can attain a growth rate of 6.21% between 2020 and 2028 (assessment period). We will provide COVID-19 impact analysis with the report, along with an in-depth review post the coronavirus disease outbreak.

COVID-19 Tactical Data Link Market Analysis 

MRFR’s COVID-19 analysis on the tactical data link industry suggests that the aerospace and defense sector has had to deal with a slew of challenges posed by the novel coronavirus pandemic in recent months. The COVID-19 outbreak has been particularly brutal for the military sector, with the lockdown and social distance practice delaying various operations. SARS-CoV-2 has had a negative impact on the marketing, delivery and manufacturing of various equipment and products, such as tactical data link software, which are essential requirements in battlefields.

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Small firms in the market have been hit significantly, while the large companies are faring relatively better on account of the higher economies of scale, subsidies’ provision, government support and company liquidity. The COVID-19 impact on the global economy has resulted in reduction in defense spending, which has had a domino effect on satellite services, information and communications technology, transportation, surveillance systems, and more. These factors are expected to be unfavorable for the tactical data link industry in the years ahead.

However, the defense sector is fighting back with the help of large-scale governmental subsidies, acquisitions, new contracts, and other types of intervention. The pandemic has led to a higher dependence on AI, drones, automated systems and satellites, which is anticipated to be beneficial for the tactical data link market during the appraisal period.

Key Boosters and Deterrents 

Situational awareness on battlefield helps achieve control and command information in real time, while reducing the chances of friendly fire. Therefore, tactical data link has been witnessing a significant rise in its demand in the defense sector, as it helps bolster situational awareness and also offers connectivity all across the battlefield on land, air or sea. The substantial growth in the product demand in recent years has led to massive market growth across the globe. Apart from this, the escalating deployment of modern and advanced warfare techniques can be favorable for the tactical data link industry over the next few years.

Increase in military spending by emerging countries like China and India could also induce expansion of the global market in the following years. The tactical data link industry is intensely competitive, given the extensive presence of a vast number of vendors and the rising focus of defense firms on technical innovation. Additionally, the surge in R&D activities within the defense sector combined with the rising preference for technologically superior military communications software and equipment could also contribute to market growth during the evaluation period.

Renowned firms in the tactical data link industry are projected to find attractive opportunities in the form of soaring demand for aerospace bearings across the world. Besides, many of the vendors are constantly employing marketing strategies like product launches, partnerships, collaborations, and acquisitions, not only to remain relevant but also bolster their market position.

To cite a reference, in September 2020, Curtiss-Wright Corporation acquired PACSTAR, a well-known tactical communications solutions vendor for battlefield network management. Curtiss Wright aims to leverage PacStar’s expertise in hardware as well as software solutions to offer highly advanced tactical data link management to warfighters.

Top Players

Some of the top market firms are L3Harris Technologies, Inc. (US), Northrop Martin Corporation (US), Raytheon Company (US), Elbit Systems Ltd. (Israel), Honeywell International, Inc. (US), Leonardo SpA (Italy), Thales Group (France), BAE Systems (UK), United Technologies Corporation (US), General Dynamics Corporation (US), to name a few.

Market Segmentation 

Global Tactical Data Link Market has been segmented with respect to component, platform, and application.

The key components outlined in the MRFR report are hardware and software. In 2019, the hardware segment led the global market, as this tactical data link component provides benefits such as secured communication, high data rate, high performance, and dependability. But the fastest growth can be anticipated from the software segment, since this component helps plan, manage and troubleshoot networks, offers fast communication as well as real-time battlefield information.

The platforms discussed in the market study are sea-based, land and airborne. Between these, the land segment has been dominating the market since 2019, as a result of the escalating demand for enhanced and secured communication on the battlefield. Airborne can be the fastest gaining segment between 2020 and 2028, given the rising investments by China and India in upgradation of aircraft fleets and procurement of new and advanced military aircraft.

The applications mentioned in the report include Radio Communication, Electronic Warfare, Command & Control, Intelligence, Surveillance & Reconnaissance (ISR), and more. ISR has been in the lead since 2019, owing to the surging need for better surveillance for border protection in the face of rising terrorism worldwide. It is also believed that the command & control category can race ahead at the highest rate between 2020 and 2028.

Regional Insight 

North America, APAC/Asia Pacific, MEA/Middle East & Africa, Latin America and Europe are the key markets for tactical data link systems.

Thanks to the increasing government funds towards improvement in military sector and the rise in defense budget, North America market has taken the lead in the global market. Besides, government support and high focus on the development of C4ISR systems due to the US’s increasing involvement in Middle Eastern tensions have also bolstered the region’s growth potential. Moreover, North America houses some of the biggest C4ISR system manufacturers in the world, which also works in the market’s favor.

APAC can advance at the fastest pace in the near future, as a result of the rising terrorist activities across India and the mounting number of programs that aim to develop several military systems such as the Combat Ground System. The market growth is further reinforced by the strong presence of eminent defense manufacturers that offer innovative data links such as Link 22 and Link 16.

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.