Market Share of Software Defined Radio Industry
Despite many regional and international players in the market, a few players accounted for a majority share in the software-defined radio market. Some prominent players in the market include L3Harris Technologies Inc., General Dynamics Corporation, Leonardo S.p.A., Elbit Systems Ltd, and Ultra Electronics. The market is witnessing huge investment and technological enhancement due to the future potential of software-based communication and high-volume data-sharing technology in the defense industry.
In addition to this, the companies are partnering with armed forces to supply and deliver advanced SDRs for their infantry troops and vehicle platforms. For instance, Elbit Systems Ltd partnered with various armed forces across North American, European, and Asia-Pacific regions. In April 2021, Leonardo S.p.A. was selected by Boeing to provide SWave Airborne SDR SRT-800 radios for the E-3A Airborne Warning and Control System (AWACS) aircraft fleet for the NATO countries. The contract was awarded under the Final Lifetime Extension Programme (FLEP) to extend its operational viability through 2035. The SRT-800 radios can replace several avionic units that have traditionally been separate units, including UHF/VHF radio, SATCOM, SINCGARS, and a crypto device. Such partnerships are anticipated to further enhance the geographical footprint of the companies in the market.
Software Defined Radio Market Leaders
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Elbit Systems Ltd.
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L3Harris Technologies, Inc.
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General Dynamics Corporation
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Leonardo S.p.A.
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Ultra Electronics
*Disclaimer: Major Players sorted in no particular order
