Software Defined Radio (SDR) Market

Market Leader - Software Defined Radio Market

The software-defined radio market size is projected to grow from USD 11.4 billion in 2020 to USD 14.5 billion by 2025, at a CAGR of 4.9% from 2020 to 2025. Significant factors anticipated to drive the growth of the software defined radio market include rising adoption of a software-defined radio in telecommunications along with technological developments in SDRs. The increasing requirement for software-defined radios in vital communication systems utilized for critical missions in space and aerospace sectors will positively influence the market growth. The increasing usage of intra-squad radios allowing soldiers to improve their interconnectivity, will contribute to the software-defined radio market’s growth. Rising demand for innovative communication systems and reduced cost of new products & services are major factors that will influence the software-defined radio market growth.

Major players in the software-defined radio market consist of well-established manufacturers of software-defined radios, including Thales (France), Northrop Grumman Corporation (US), Elbit Systems Ltd. (Israel), L3Harris Technologies, Inc (US), Raytheon Technologies Corporation (US), General Dynamics Corporation (US), and BAE Systems (US). These are the key manufacturers that secured software-defined radio contracts and launched products in the last few years. Industry players adopt various growth strategies to strengthen their position in the market. These include partnerships, collaborations, expansions, acquisitions, and new product development activities further to expand their presence in the software-defined radio market.

To know about the assumptions considered for the study download the pdf brochure

Raytheon Technologies Corporation, a US-based company, is a key supplier of software-defined radios to the US military. The software-defined radios offered by the company cater to defense as well as commercial applications. The company’s product offering includes QNT- 200- Software- Defined Radio, RT-2071C Secure CDL ISR SCISR Radio, TACR-16DL TacNet Tactical Radio, HFS-900D / CPL-920D High-Frequency Radio Set, VHF-2100 Very High-Frequency Transceiver, VHF-2200 Multi-channel Software-Defined Radio, RT-2200A Wideband HF Radio, 721S Blade Ground V/UHF Radio, and TruNet AN/PRC-162 (V)1 Networked Communications Ground Radio

Thales is a holding company engaged in the manufacturing, marketing, and sale of electronic equipment and systems for the aeronautics, naval, and defense sectors. Thales is one of the world’s leading providers of precise sighting, detection, and identification systems and solutions to the defense industry. The company functions as a prime contractor, aircraft electrical equipment supplier, systems integrator, and value-added service provider for civil and military programs. The company’s Aerospace segment comprises various business divisions, namely, flight avionics, connected in-flight entertainment, microwave tubes, and space solutions. The company also offers software-defined radio products and solutions under this segment.

L3Harris Technologies, Inc. is a key player in the US market, generating approximately 81% of its revenue from the country. The Communication Systems segment of the company offers integrated system solutions for the US and international defense and public safety networks. The company provides SDR systems that connect forces with communications satellites to deliver their data and mission-critical insights not just over the horizon, but anywhere on Earth. In April 2020, L3Harris Technologies, Inc. secured a contract for a third low-rate initial production (LRIP) order valued at USD 95 million from the US Army, under the HMS (Handheld, Manpack & Small Form-Fit) IDIQ contract, to supply AN/PRC-158 multi-channel radios.

Viasat Inc. has a strong presence in the US, with approximately 88% of its revenue being generated from the country. Viasat is a market leader in remote sensing antenna systems that process imaging data for applications like Google Maps. The company also offers services that include the installation, integration, and up-gradation of frequency bands such as L-band, S-band, X-band, and Ka-band for systems globally.

Related Reports:

Software Defined Radio Market by Platform (Land, Airborne, Naval, Space), Application (Defense, Commercial), Type (General Purpose Radios, Cognitive/Intelligent Radio, Terrestrial Trunked Radio), Frequency Band, Component and Region Global Forecast 2025.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
SE 2901
RI Published ON
1/15/2021
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Software Defined Radio (SDR) Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved