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Jul 28, 2017 2:05 PM ET

Global Tactical Communication Market to Grow at a CAGR of 17% by 2023: Key Players are Harris Corporation, General Dynamics Corporation, Ultra Electronics, Iridium & Raytheon Company

iCrowdNewswire - Jul 28, 2017

The “Global Tactical Communication Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017-2023” report has been added to Research and Markets’ offering.

The global tactical communication market is expected to grow with a CAGR of approximately 17% during the forecast period 2016-2023.

Benefits of tactical communication includes quick and easy distribution of messages, fast coordination, enhanced force protection and shared situational awareness. Increasing demand for advanced communication systems in defense and military is adding growth in the global tactical communication market during the forecast period. However, connectivity in limited bandwidth and existing communication technologies are the factors restraining the growth of the global tactical communication market during the forecast period.

Geographically, North America accounted for the largest market share in terms of revenue for the tactical communication market in 2016 and the region is expected to dominate the market during the forecast period. Growth in North American tactical communication market is observed due to increase in adoption of equipment based on advanced communication systems. Moreover, Asia Pacific is expected to be the fastest growing market for tactical communication during the forecast period.

Companies Mentioned

– Bae Systems Plc
– Elbit Systems
– General Dynamics Corporation
– Harris Corporation
– ITT Corporation
– Intracom Defense Electronics
– Iridium
– L-3 Communications Holdings Inc.
– Northrop Grumman Corporation
– Raytheon Company
– Rockwell Collins
– Strategic Analysis
– Tactical Communications Group Llc
– Thales Group
– Ultra Electronics
– Viasat Inc.

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/424fld/global_tactical

Contact Information:

Research and Markets,
Laura Wood,
Senior Manager.
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716

Via iCrowdNewswire
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