Software Defined Radio (SDR) Market Size, Share, Trends, Analysis, and Forecast 2023-2030

A rise in defense spending to improve defense communication systems is driving the demand for Software Defined Radio systems.

In 2022, the Software Defined Radio (SDR) Market Size reached USD 13.05 billion. It is anticipated to grow to USD 19.58 billion by 2030, exhibiting a projected Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period spanning from 2023 to 2030.

The most recent analysis will provide you with data on trends, prospects, and potential future growth drivers in addition to a detailed review of the global Software Defined Radio (SDR) industry. This study examines the structure of the global market, market segmentation, growth rates, and revenue share comparisons. The market study report's research findings are helpful in evaluating a variety of crucial variables, such as investments in developing markets, the success of new products, and the expansion of market share. It also describes the key geographical dynamics and commercial trends in the global industry.

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Key Players:

The Major Players are

  • General Dynamics Corporation
  • Raytheon Technologies Corporation
  • Northrop Grumman Corporation
  • Thales
  • Leonardo Company
  • BAE Systems
  • L3Harris Technologies, Inc
  • Elbit Systems Ltd.

In addition to examining market size, the study also looks at market drivers, challenges, and opportunities. The leading firms' market shares and the competitive landscape of the major industry rivals are also displayed in the report. The Software Defined Radio (SDR) market is thoroughly examined in this study. The research report's market estimates and predictions are based on the opinions of internal subject matter experts, in-depth secondary research, and primary interviews. These market forecasts and estimates account for the various political, social, and economic factors that will influence market growth as well as the situation of the sector at present.

Market Segmentation

By Frequency Band

  • HF
  • VHF
  • UHF

By Application

  • Defense
  • Commercial

By Type

  • General Purpose Radios
  • Cognitive/Intelligent Radio
  • Terrestrial Trunked Radio

By Platform

  • Land
  • Airborne
  • Naval
  • Space

By Component

  • Transmitter
  • Receiver
  • Software
  • Auxiliary System

 

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COVID-19 Impact Analysis

In this report, the consequences of COVID-19 on the domestic and international Software Defined Radio (SDR) market are examined. In this research, the demand and supply side effects on the target market are considered. This study also included primary and secondary research in addition to private databases and a paid data source. The COVID-19 impact research will assist market participants as they implement pandemic readiness strategies.

Competitive Outlook

In a separate section of the Software Defined Radio (SDR) market study, the leading international market participants are covered along with an analysis of their business operations, financial statements, product descriptions, and strategic goals. The companies included in the survey are capable of meeting the particular needs of a client. The characteristics of each of the major competitors in the market are examined in this chapter, as well as their current market share. The most recent research on the target market is a great resource for information for market participants.

 

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Bharti Nalawade

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