Global Software Defined Radio Market, By Component (Receiver, Software, Transmitter, and Auxiliary System), By Application (Defence, Commercial) By Platform (Airborne, Land, Naval, Space) By Frequency (VHF, HF, UHF) opportunities and forecast 2020-2027
Covid-19 Impact on Software Defined Radio Market:
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.Market Overview
The software defined radio market is anticipated to witness considerable growth during forecast period. The idea of software defined radio is quite old, although, in last few years, the market has witnessed important growth due to developments in technology and development of digital electronics. Rise in defense expenditure to improve the defense communication systems is major factor propelling demand for the software defined radio systems. Additionally, market for global SDR has witnessed substantial growth owing to growing need for communication devices to be software configurable and more flexible. Moreover, SDR is extensively adopted in the space communication as increases the performance of satellite and can operate across numerous frequency bands in precise manner. Furthermore, the pandemic COVID 19 is also accepted to have significant impact on the market growth. The economic slowdown as a result of the pandemic will have long term impact over the markets.
SDR allows users to receive signals from several mobile standards such as GSM and WiMAX. To fulfill growing demand for the higher data speed which require additional hardware expenditures on core network, the mobile operators are implementing SDRs. SDR systems help progress connectivity solutions by eradicating hardware constraints. Furthermore, Network Function Virtualization (NFV) and SDR are anticipated to play major role in integration of various communication technologies. 5G radio access is based on the SDR or NFV infrastructure that is another factor propelling the market for SDR systems.Segment Overview
Based on component, hardware segment dominated market for software defined radio in the year 2019 owing to rising popularity of portable SDRs. Hardware segment is driven by combination of digital technology and analog on single chip, which is major factor contributing to reduction in weight and size. In addition, growing popularity of the field-programmable gate array (FPGA) with combined analog-to-digital converters (ADCs) and the digital-to-analog converters (DACs) drives segment growth.
The software component segment is anticipated to witness important growth owing to growing use in commercial applications. Software in SDR is used to describe its functions and specifications. Software provides improved flexibility for eliminating capacity bottlenecks and network load balancing for the packet-switched core backhaul.Regional Overview
North America dominated SDR market in 2019, mainly owing to Joint Tactical Networking Center (JTNC) program, that provides technical support for the wireless communication systems to U.S. Department of the Defense. The software defined radio systems are extensively used in defense sector owing to the research programs and the integration of all communication systems in federal and state agencies in North America. In addition, growing funds by U.S. government for developing the next-generation radio of communication systems which are capable of accommodating the X-band frequencies drive demand for the market.
The Asia Pacific market for SDR is expected to witness highest growth over forecast period owing to rise in terrorism in Asian countries including Pakistan, Bangladesh, and Afghanistan. In response, military and intelligence organizations in region are progressively deploying SDR to improve communication systems allowing improved information sharing, secure collaboration, and shared situational analysis. For instance, in Dec 2018, People’s Liberation Army of the China awarded contract to the Elbit Systems Ltd. for CNR-710MB airborne radios. Furthermore, need for enhanced communication by the law enforcement through times of natural calamities drives demand for the market. Furthermore, government funding for the R&D for SDR in countries including China and Australia is anticipated to drive demand for SDR in Asia Pacific.Competitor overview
Mergers, acquisitions, collaborations and product launches, are some strategies implemented by key players for the business expansion. Furthermore, space research organizations including NASA and European Space Agency (ESA) focus on development of radiation toughened electronic components that can endure high radiations, which are utilized for space signal transmission in the SDR systems. For instance, the NASA, in partnership with Department of Defense (DoD), developed radiation hardened universal purpose processor for the SDR in December 2016.Key Players
- Collins Aerospace Systems
- Harris Corporation
- Elbit Systems Ltd.
- L3 Technologies, Inc.
- BAE Systems
- Huawei Technologies Co., Ltd.
- Datasoft Corporation
- Raytheon Company
- Northrop Grumman Corporation
- Auxiliary System
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Saudi Arabia
- Rest of LAMEA