The software defined radio market has been categorized and studied on the basis of component such as transmitter, receiver, software and an auxiliary system. The software component segment is estimated to hold the highest growth rate due to the demand for latest software defined radios. An upgrade in the software makes systems capable with new waveforms without the requirement for new hardware.
The SDR technology also provides several benefits as compared to hardware-oriented approaches such as field programmable gate array and digital signal processor solutions and is expected to gear up the software defined radio market growth over the next few years. Smartphone multiplication along with technological development is also expected to drive the software-defined market growth over the forecast period. The rise in a number of wirelessly connected devices provides avenues for market growth.
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Major Key Players
BAE Systems (U.K),
Thales Group (France),
Rockwell Collins (U.S.),
General Dynamics Corporation (U.S.),
Elbit Systems (Israel),
Leonardo G.p.A (Italy),
Northrop Grumman (U.S.),
Harris Corporation (U.S.), and ROHDE & SCHWARZ (Germany).
According to MRFR, The Software Defined Radio Market to witness a CAGR of more than 11% during the forecast period 2017-2023
The software defined radio market for communication has a great scope across various applications. As far as SDR market is concerned, the market is expected to dominate in terms of upcoming radio innovations and technologies. The rise in demand for reliable transmission devices plays a crucial role in the growth of this market. Software defined radio gives various advantages of interoperability, flexibility, and re-configurability, which serve as a larger advantage for its deployment in commercial and homeland security.
Based on platform, the land segment is expected to dominate the software defined radio market, due to the predominant use of software defined radios for tactical military transmission in the defense sector. Latest software defined radios consist of wideband network waveform with the facility to provide mobile network connectivity across the battle space.
The software defined radio market has been categorized and studied on the basis of component, such as transmitter, receiver, software and an auxiliary system. The software component segment is estimated to have the highest growth rate due to the demand for latest software defined radios. An upgrade in the software makes systems capable with new waveforms without the requirement for new hardware.
The software defined radio market is segmented on the basis of frequency band into Very High Frequency (VHF), Ultra High Frequency (UHF), and High Frequency (HF). The UHF band segment is expected to hold the highest growth rate due to the rising usage of this frequency band for telecommunication in commercial applications. UHF band is used for transmission in transportation applications, such as civilian air traffic controls and intelligent transportation systems.
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Countries in the Asia Pacific region, such as China, India, South Korea, and Japan, are increasingly investing in the research and development of their tactical communication capabilities. Asia Pacific is also experiencing high usage rate of 4G networks. The large-scale installation of new 4G towers and upgradation of older towers in Asia Pacific region will support high-speed 4G LTE networks.
Military modernization programs are being initiated by several countries, such as South Korea, India, Germany, Japan, and the U.S. The issues faced in the consolidation of the various sub-systems are a challenge to the SDR market.