Global Software-Defined Radio Industry Projected to Grow
Dublin, January 26, 2021 (GLOBE NEWSWIRE) – The “Software-defined platform radio market (land, air, naval, space), application (defense, commercial), type (general purpose radios, cognitive / intelligent radio, terrestrial truncated radio), frequency band, component and region Global Forecast 2025” report added to ResearchAndMarkets.com supply.
The global software radio market is expected to be $ 11.4 billion in 2020 and is expected to reach $ 14.5 billion by 2025 at a CAGR of 4.9% over the forecast period.
Factors such as the growing adoption of SDRs in telecommunications and the numerous technological developments in software-defined radios are likely to stimulate market growth. The growing demand for software-defined radios in advanced communication systems used for important missions in the space sector will stimulate market growth.
COVID-19 has to some extent influenced the software-defined growth of the radio market and this varies from country to country. Industry experts believe the pandemic has not significantly affected the demand for software-defined radio in defense applications.
The software-defined radio market includes major players such as Elbit Systems Ltd. (Israel), Thales (France), Northrop Grumman Corporation (USA), Raytheon Technologies Corporation (USA), L3Harris Technologies, Inc. (USA), General Dynamics Corporation (USA) and BAE Systems (USA). Among others. These players have spread their business to various countries, including North America, Europe, the Asia-Pacific region, the Middle East, Africa and Latin America.
Based on the application, the trading segment of the software-defined radio market is expected to report significant growth over the forecast period.
In terms of application, the market is divided into commercial and defense. The growing use of SDRs in commercial applications, including aviation, maritime, transport, telecommunications, supports the growth of the segment. Software-defined radios are mainly used in air traffic control (ATC), transport and telecommunications applications. They are easy to upgrade and provide high data transfer speeds, which further improves its use for the commercial segment.
Cognitive / intelligent radio subsegment of the software-defined radio market by type is expected to witness the highest CAGR due to growing improvements in cognitive radio products
Based on the type, the software-defined radio market is divided into Joint Tactical Radio System (JTRS), General Purpose Radio, Cognitive / Intelligent Radio and Terrestrial Truncated Radio (TETRA). The main advantages of cognitive radio with SDR such as optimized spectrum use, interoperability and the ability to reconfigure networks to meet current needs and reach hidden frequency nodes.
In the coming years, cognitive radio applications are expected to grow in various industrial verticals. Technological advances, optimized spectrum use and the growing adoption of 5G technology are some of the main drivers of market growth.
North America: The largest contributing region to the software-defined radio market
North America is expected to register for the bulk of the software-defined radio market in 2020. The market in this region is expected to register the highest CAGR over the forecast period. The United States and Canada are taken into account to estimate the market size of the North American region.
North American companies are focusing on investing in a variety of software-defined radio systems to ensure secure communication between different forces. Software-defined radio systems provide ease of data exchange between different armed forces and better operational planning and execution in network-oriented warfare.
The software-defined radio market is dominated by several globally established players such as Thales (France), Elbit Systems Ltd. (Israel), Northrop Grumman Corporation (USA), General Dynamics Corporation (USA), Raytheon Technologies Corporation (USA), L3Harris Technologies, Inc. (USA) and BAE Systems (USA). among others.
This research report categorizes the software-defined basis of the platform radio market (in air, fleet, land, space), application (defense, commercial), by type (general purpose radio, joint tactical radio system (JTRS), cognitive / intelligent radio Terrestrial truncated radio (TETRA), by bandwidth (HF, VHF, UHF, other bands), by component (general purpose processor, digital signal processor, port programmable arrays, application specific integrated circuit (ASIC), amplifiers, converters, software), major regions, namely North America, Europe, Asia-Pacific, the Middle East, Latin America and Africa.
The scope of the report covers detailed information on key factors such as drivers, challenges and opportunities affecting the growth of the software-defined radio market.
A detailed analysis of the key players in the industry has been made to give an idea of their business reviews; solutions and services; key strategies; launching new products, contracts, partnerships, cooperation, expansion, acquisition and development of new products related to the software-defined radio market.
- Technological achievements in software-defined radio
- Increasing acceptance of SDRs in telecommunications
- Increasing military spending on tactical communication
- Increasing demand for next generation IP systems
- Growing demand for SDRs in national security, industrial and commercial applications
- Ensuring interoperability of different communication technologies
- energy consumption
- Emerging trends
- Use of software-defined radio (SDR) and cognitive radio (CR) in 5G technology
- Mobile Consumer Lens System (MUOS): Mobile phone-like capability for software-defined radios
- Cognitive Radio: Fusion of Artificial Intelligence and Software Defined Radio (SDR)
- Software defined Doppler radar
- Communication in the near field
- Multiband tactical communication amplifiers
- Next generation IP
- Bae systems
- Elbit systems
- General dynamics
- National instruments
- Northrop Grumman
- Rockwell Collins
- Rohde & Schwarz
For more information about this report, visit https://www.researchandmarkets.com/r/9it9q7
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