SDR: Key market research findings
- Waveform portability is the primary driver for the market
- The Americas account for majority of the market share
- Key vendors—BAE Systems, L-3 Communications, Northrop Grumman, Rockwell Collins, and Thales Group
The market research analysts at Technavio estimate the global SDR market to grow at a CAGR of almost 12% between 2016 and 2020. The market is primarily driven by the waveform portability of software-defined radio (SDR). SDR is increasingly deployed in defense, homeland security, and commercial sectors due to its advantages such as enhanced flexibility, cost-effectiveness, interoperability, and obsolescence mitigation. Multiple radios can be replaced with a single SDR, owing to its re-configurability feature, thereby easing its portability for the soldiers. In 2015, the Americas dominated the global SDR market by occupying 36% of the overall market share. Government initiative programs such as JTNC are factors driving growth of SDR market in the Americas during the forecast period.
The new market research report from Technavio presents a breakdown and analysis of the SDR segments by application.
“The latest trend in the market is the emergence of next-generation reconfigurable radio equipment. SDR enhances the technology for a variety of reconfigurable radio equipment, such as adaptive radio, CR, and intelligent radio by providing the required flexibility, which in turn, increases system efficiencies at a low cost. For instance, adaptive radio monitors its own performance and then modifies its operating parameters to improve the output,” Abhay Singh, Lead Analyst, Aerospace & Defense, Technavio Research.
In 2015, the defense segment dominated the global SDR market and is expected to surpass $25 billion by the end of the forecast period. The defense segment is further divided into airborne, land, and navy. The airborne segment will likely hold a share of around 38% by 2020, followed by the land segment with around 31%, and the navy segment with around 30%. The increasing focus on fully equipped communication systems for land, navy, and airborne vehicles by governments is expected to fuel growth in the market during the forecast period.
The key vendors in the global SDR market include BAE Systems, L-3 Communications, Northrop Grumman, Rockwell Collins, and Thales Group. The global SDR market is highly competitive due to a constantly evolving market. The innovations satisfy the requirements of end-users and are a major driving force for the SDR market; however, there are only a few vendors in the market, leading to intense competition. The vendors compete on the basis of cost, product quality, reliability, and aftermarket service.
A more detailed analysis is available in the Technavio report, Global SDR Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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