United States Tactical Data Link Market Forecast 2023-2030

United States Tactical Data Link Market Forecast 2023-2030

KEY FINDINGS

The United States tactical data link market is expected to register a CAGR of 6.54% during the forecast period, 2023-2030. The increasing military expenditure helps the country to exchange data securely, which translates to improved coordination among armed forces alongside supplementing military modernization projects and programs.

MARKET INSIGHTS

The United States tactical data link market growth is majorly attributed to the rising military expenditure to adopt advanced technologies for strengthening their military expenditures. For instance, as per the Stockholm International Peace Research Institute (SIPRI) (Sweden), the defense expenditure of the United States projects a steady rise year on year.

In addition, different military programs like the Long-Range Research and Development Planning Program (LRRDPP), the Army’s Combat Ground Systems, and Department of Defense (DoD) Major Defense Acquisition Programs (MDAPs) for modernizing the military communication technologies and equipment are estimated to propel market demands for tactical data links. Moreover, the presence of prominent market players like Raytheon Company, L3Harris Technologies Inc, and Collins Aerospace and the strategies adopted by them, like product developments and collaborations, contribute to market growth.

COMPETITIVE INSIGHTS

Some of the eminent firms operating in the market are Saab AB, Northrop Grumman Corporation, L3Harris Technologies Inc, Leonardo SpA, Raytheon Company, Leidos Holdings Inc, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments