Press Release

By 2030, Tactical Vehicle Radio Market Set to Expand to USD 26 Billion Driven by Modernization Efforts

The Global Tactical Vehicle Radio Market size was valued at around USD13 Billion in 2024 and is projected to reach USD26 Billion by 2030.  Along with this, the market is estimated to grow at a CAGR of around 12% during the forecast period (2025-30), cites MarkNtel Advisors in the recent research report. Various factors are attributed to the market's growth. Militaries in their modernization are developing huge programs of investment in advanced communication systems, mainly tactical radios. Besides, they facilitate secured encrypted communication which is an indispensable aspect of military operations and defense forces. Interoperability between ground, air, and sea units is vital for coordinated missions, thus driving the demand for advanced tactical radios. Also, the changing nature of warfare, guerilla tactics, and cyber-attacks demands secure communication system operations for vehicle-based units.

Some emerging trends in the market include technological developments in software-defined radios, allowing the devices to operate with different frequency ranges, waveforms, and protocols while ensuring connectivity across platforms, thus boosting the demand in the market. The emergence of the Software Designed Radios brings forth an easy way for the reduction of hardware dependency while assuring maximal efficiency during operations. It relates to the shift from a predominately analog mode of operation to a digital mode presenting another opportunity to the market. This would entail a natural transition from analog-based communication systems to digital-based systems that offer logical means of achieving clarity, security, and enhanced data transmittance capabilities. In technology, there is an increase in more compact and lightweight radio systems that integrate with other types of vehicles.

However, many restraining factors could pose challenges to market growth. The high cost of developing advanced tactical vehicle radios and installing them in existing vehicle types could hinder their adoption. This is the major case especially among countries with limited defense budgets, as they may not be able to pay for the smaller-scale diesel engines. A bigger challenge is the need for different systems from other manufacturers, as well as interoperability with other forces. Because the pace of technological change can render a system obsolete in no time, they require continuous investment in new technologies and upgrades, further states the research report, “Global Tactical Vehicle Radio Market Analysis, 2025.”

Global Tactical Vehicle Radio Market Segmentation Analysis

Vehicle-Mounted Radios Grab a Market Share

Based on type, the market is further bifurcated into Vehicle Mounted Radios, and Handheld/Portable Radios. Out of them, Vehicle Mounted Radios lead the global market. It holds approx. 72% market share. The operational domination is due to the superior range, reliability, and robustness of military operations. Military tanks, armored personnel carriers, and reconnaissance vehicles are fitted with radios for essential communication in diverse and often hostile environments. Compared with handheld radios, they are characterized by more power, range, and durability; hence they are required for unit coordination, data transmission, and maintaining long-haul communications during missions. The increasing prevalence of network-centric warfare, which requires communication between vehicles and command centers, drives the need for radios installed in small armored vehicles & tanks. They can function over several frequency bands such that it increases their efficiency in more complicated situations.

North America is the Epicenter of Tactical Vehicle Radio Industry

By region, North America leads the Global Tactical Vehicle Radio Market. It holds approximately 35% of the total market. North America accounts for the highest share of the global tactical vehicle radio market due to huge defense budgets. Also, the presence of major market players in the region contributes to its growth. For instance, a large part of the defense budget of the United States is devoted to sophisticated communication technologies such as tactical vehicle radios. These funds are used for research & development of advanced technologies to enable effective communication in military operations. This makes their procurement easier & feasible as compared to other regions which have low defense budgets. Also, the region's aim to upgrade its defense systems further enhances North America's market dominance.

Competitive Landscape

With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including, Thales Group, BAE Systems, General Dynamic Corporation, Barrett Communications, Leonardo S.p.A., Cobham, Raytheon Technologies Corporation, Codan Limited, Northrop Grumman Corporation, Collins Aerospace, Elbit Systems Ltd., Leonardo DRS, Rohde & Schwarz GmbH & Co. KG, Motorola Solutions, Bittium, Silvus Technologies, and others are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the globe?
4. How has the industry been evolving in terms of geography & product adoption?
5. How has the competition been shaping up across various regions?
6. How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?