Research and Markets: Military Communication Tech Investments to Spur Software-Defined Radio Demand Through 2025
New five-year forecast for research and markets says increased global military spending on combat communications, or network-based combat systems, will help guide the direction of the software-defined radio market.
The research firm said on Wednesday that it estimates the global market for SDR products will grow by more than 6 percent over the next five years and expects the defense segment to experience the highest growth rate.
Based in Canada Ultra Electronics TCS is among the US Department of Defense’s tactical radio suppliers. The Canada-based company booked a potential 10-year, $145.4 million term in late July to build the The US Navy’s Amphibious Tactical Communications System with that of the company Orion mesh radio technology.
A number of countries in the Asia-Pacific region are supplying tactical radio systems to enhance the situational awareness of armed forces and investing in command, control, communications, computer, intelligence, surveillance and reconnaissance platforms as part of counter-terrorism and border security efforts , Research and Markets noted.
Companies profiled in the market research report include BAE Systems, Raytheon Technologies‘ Collins Aerospace business, General Dynamics, L3Harris Technologies and Northrop Grumman.
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