Future of Executive Summary Automated Border Control Market: Key Dynamics, Size & Share Analysis
The Global Tactical Manpack Radio Market size was valued at around USD13.65 billion in 2024 and is projected to reach USD18.36 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.1% during the forecast period, i.e., 2025-30. The main reasons behind this growth are the increasing number of geopolitical tensions, increasing defense budget, advancement in communication technologies, increasing focus on secure communication amid rising cybersecurity concerns, and high need for interoperability between different military branches including the army, air force, and navy.
Top Market Challenges Impacting the Tactical Manpack Radio Market Growth
High Cost of Equipment – The cost of tactical manpack radios is very high, mainly for those having advanced features such as software-based operation, radios with multiple bands, strong encryption, etc. This high cost is due to the advanced technology used in such radios. For instance, the tactical manpack radio manufactured by BelFone costs more than USD10,000. These high costs make it difficult to adopt and maintain such radios, mainly at a large-scale such as by militaries, where high investments are required for adoption, training, and ongoing maintenance.
Understanding the Core Segments in the Tactical Manpack Radio Market
Tactical Manpack Radio Market Size, Share & Industry Trends Analysis- By Frequency Band (High Frequency [HF], Very High Frequency [VHF], Ultra High Frequency [UHF], Multiband), By Modulation Type (Amplitude Modulation (AM), Frequency Modulation (FM), Phase Modulation (PM), Others), By Technology (Analog Radio, Digital Radio, Software-Defined Radio) By Application (Military & Defense, Law Enforcement, Emergency & Rescue Services, Commercial & Industrial Applications), and Others
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Geographical Analysis of the Tactical Manpack Radio Market
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Regionally, North America dominates the market with a share of around 42%. This is because this region, especially the US, has one of the largest defense budgets in the world.
Who Dominates the Tactical Manpack Radio Market Insights on Key Industry Players?
Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- L3Harris Technologies
- Thales Group
- Rheinmetall
- Collins Aerospace
- Leonardo
- General Dynamics Mission Systems
- BAE Systems
- Elbit Systems
- Rohde Schwarz
- Codan Communications
- Motorola Solutions
- Airbus Defence and Space
- Hensoldt
- Hytera Communications
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