Impressive Growth Opportunities Hovering Over the Software Defined Radio Market

Software defined radio (SDR) devices include field programmable gate arrays (FPGA), digital signal processors (DSP), general purpose processors (GPP), programmable System on Chip (SoC) or other application specific programmable processors. SDR identifies the frequency of an incoming signal, loads the respective software module, and then generates the required frequency for outbound communication. It provides flexibility, cost efficiency, and power to drive the communication forward.

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The software defined radio market is estimated to be USD 19.83 Billion in 2017 and is projected to reach USD 30.00 Billion by 2022, at a CAGR of 8.63% from 2017 to 2022. Demand for advanced communication systems to replace legacy equipment, increasing spending on tactical communications, and adoption of software defined radios for telecommunication infrastructure are the major market drivers for software defined radio systems.

The latest software defined radio systems increasingly utilize commercial off-the-shelf (COTS), IP-based equipment to enhance their capability. Another major trend in the software defined radio market is the increasing use of cognitive radio technology with SDR, which helps in the optimized usage of spectrum, besides offering interoperability and the ability to reconfigure networks to meet current needs and reach hidden frequency nodes.

Key players profiled in the software defined radio market report include Harris Corporation (US), Northrop Grumman (US), BAE Systems (UK), Rockwell Collins (US), Thales (France), General Dynamics (US), Rohde & Schwarz (Germany), Leonardo (Italy), ASELSAN (Turkey), and Elbit Systems (Israel). Prominent players in commercial applications include ZTE Corporation (China), Huawei (China), and National Instruments (US). These market players have been focusing on securing government contracts for organic growth. Their core competencies include widespread geographical presence and high investment in R&D activities.

Harris Corporation is the leading player in the software defined radio market globally. The company specializes in providing tactical and airborne radios, night vision technologies, and defense and public safety networks. The company has been focusing on securing contracts to achieve growth in the software defined radio market. For instance, in November 2014, Harris Corporation received a four-year contract worth USD 159 million to provide tactical radios to the Canadian Armed Forces.

Rockwell Collins, a major player in the software defined radio market, has developed software defined radios for integrated avionics systems that provide communications, navigation, and identification (CNI) functions. The company has also been focusing on securing contracts to achieve growth in the software defined radio market. For instance, in November 2016, Rockwell Collins received a contract worth USD 12.7 billion from the US Army to provide AN/PRC-162 radios over a period of ten years.

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