Global Tactical Communications Market to hit $30bn by 2024

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Tactical Communications Industry to reach USD 30
billion by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Tactical Communications Market

• Tactical Communications Market Tactical
  Communications Market size was estimated at over
  USD 20 billion, with shipments of over 60 million
  units in 2016, and set to exceed USD 30 billion
  by 2024 as per a new research report by Global
  Market Insights, Inc. Global shipments are
  projected to witness more than 3 CAGR between
  2017 and 2024. The need for advanced systems
  having high-quality audio capabilities to replace
  the legacy systems in the military is anticipated
  to drive the tactical communications market
  growth.
• Advancements in communication technology, such as
  bone conduction, ear canal equipment, penetration
  of LTE in professional mobile radios is
  contributing towards the growing adoption of
  these devices. Furthermore, wireless technology
  in headsets is gaining precedence as it allows
  users easier movement and greater flexibility.

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Continued...

• To tackle the issues of miscommunication, vendors
  operating in the tactical communications market
  are leveraging compression technology and digital
  signal processing for the provision of clear
  filters for ambient sound and voice communication
  in any environment. The rising trend of product
  miniaturization is anticipated to transform the
  tactical communications market.
• The tactical communications market has penetrated
  industrial verticals such as oil and mining,
  logistics, and manufacturing, which generate high
  noise during normal operation. To protect the
  hearing capabilities of the workforce,
  organizations are mandated by the government to
  provide adequate hearing protection while
  retaining the ability to conduct effective
  conversation. The usage of protective earplugs
  and communication headsets separately can
  restrict the capabilities of the user. To combat
  this, manufacturers are integrating robust
  communication systems with protective, durable
  gear, such as 3M Peltor ballistic proof headsets,
  to ensure the safety of the device and the user
  while maintaining high quality communications.

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U.S. Tactical Communications Market Size, By
Application, 2016 2024 (USD Billion)

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Continued...

• The presence of government regulations in various
  economies such as the U.S and Europe are major
  factors contributing towards the high growth of
  the tactical headsets market. This equipment
  provides protection to the hearing of the
  customers from loud noises such as explosions and
  gunshot firings while filtering certain sounds of
  lower frequencies such as human speech to reach
  the user.
• The public safety applications in the tactical
  communications market dominated in terms of
  revenue share in 2016. This is attributed to the
  demand for covert and continuous communication
  channels during critical mission operations.
  Technological innovations such as magnetic ear
  canal technology allows for clear two-way
  communications in stealth and covert situations
  and are majorly adopted for usage by undercover
  operators and officers in the secret task forces.

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Continued...

• Rapid growth of the industrial sector in the Asia
  Pacific region is a major factor contributing to
  tactical communications market demand.
  Furthermore, several economies in this region are
  increasing their military spending and investing
  heavily in the development and procurement of
  safe communication channels and protective gear.
  For instance, India is increasing their military
  spending by approximately 6 during the fiscal
  year 2017 and is also contracting the development
  of tactical communication systems to local
  organizations such as Bharat Electronics Limited
  (BEL) under the Make in India program.
• Players operating in the global tactical
  communications market include CeoTronics, David
  Clark Inc., Silynx Communications, Invisio
  Communications, 3M, Sepura, Bose Coporation,
  Savox Communications, etc. The tactical
  communications market is characterized by high
  investments in RD. In September 2016, David
  Clark Inc. announced the launch of DC ONE-XH
  Helicopter Headset which has improvements in the
  voice transition in terms of clarity.

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