Tactical Data Link Market Expected to Witness a Sustainable Growth over 2020

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business

Summary

The global tactical data link market size is projected to reach USD 9.88 billion by the end of 2027. The increasing investment in technological intervention will emerge in favor of market growth.

Press Release

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Final Report will add the Impact of COVID-19 Analysis on Tactical Data Link Industry:

The global tactical data link market size is projected to reach USD 9.88 billion by the end of 2027. The increasing investment in technological intervention will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “Tactical Data Link Market Size, Share and Industry Analysis by Solution (Hardware, and Software), By Platform (Air, Ground, and Sea), By Application (Command & Control, Intelligence, Surveillance & Reconnaissance (ISR), Electronic Warfare, Radio Communication, and Situational Awareness), and Regional Forecast, 2020 – 2027,” the market was worth USD 6.14 billion in 2019 and will exhibit a CAGR of 9.54% during the forecast period, 2020-2027.

Read Detailed Research Report : https://www.fortunebusinessinsights.com/tactical-data-link-market-103189 

List of companies profiled in the report:

  • BAE Systems (The U.K.)
  • Curtiss-Wright Corporation (The U.S.)
  • Elbit Systems Ltd. (Israel)
  • General Dynamics Corporation (The U.S.)
  • Honeywell International, Inc. (The U.S.)
  • L3Harris Technologies, Inc. (The U.S.)
  • Leonardo SpA (Italy)
  • Northrop Grumman Corporation (The U.S.)
  • Raytheon Technologies Corporation (The U.S.)
  • Saab AB (Sweden)
  • Thales Group (France)
  • Viasat, Inc. (The U.S.)

Tactical data link solutions are a communication standard that is widely used across the defense and military sector for the transfer of critical information. Recent technological advances have led to a wider application scope. The ability of tactical data link solutions to operate in real-time will contribute to the growing adoption of the product across the world. The increasing terrorist activities have led to an emphasis on the development of efficient TDL solutions. The increasing emphasis on the R&D of TDL solutions will open up a huge potential for the companies operating in the market. The high investment in the product R&D will create several opportunities for the growth of the tactical data link market in the forthcoming years. Increasing international disputes among neighbouring countries across the world will lead to an increased demand for the product across the world.