Asia-Pacific Software Defined Radios Market is Expected to Reach $4470.7 million in 2019 - New Report by MicroMarket Monitor
(PRWEB) September 13, 2014 -- The Asia-Pacific software defined radios (SDR) market is estimated at $2,661.6 million in 2014, and it is expected to reach $4470.7 million by 2019. The Asia-Pacific SDR market is expected to grow at a CAGR of 11.4% from 2014 to 2019.
Browse through the TOC of the Asia-Pacific Software Defined Radios market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Asia-Pacific software defined radios market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/asia-pacific-software-defined-radios-4105260829.html
Software defined radios are increasingly being used by defense forces around the world. The flexibility and versatility offered by SDRs is insurmountable by the existing radio communication systems. SDRs provide great flexibility for troops when communicating with units of different platforms by utilizing different communication frequency. This has made SDRs indispensable for combat forces.
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Asia-Pacific represents one of the biggest markets for SDRs, and constitutes 22.0% of the total market. Key countries in the Asia-Pacific region such as Japan, Korea, and India have huge growth potential. India and South Korea have started their own tactical communication programs based on SDR. India, South Korea, and Japan are modernizing their respective military hardware and moving toward more network-centric operational methods.
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The homeland security segment with respect to SDR will also witness significant growth. Security issues, such as the threat of a terrorist attack similar to the 26/11 Mumbai attacks, will force governments to adopt uniform communication systems for law enforcement agencies. This will enable seamless, uninterrupted communication in times of terror strikes and natural calamities. SDRs manufactured in China and India are expected to be much cheaper than those manufactured in Europe and the U.S.
This report includes the market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.
Related Reports:
North America Software Defined Radios Market
The North American software defined radios market is segmented into defense, commercial, and homeland security. The defense segment is sub-segmented into airborne, naval, and land-based defense. SDR application across all segments will be covered. The geographic trend of the three aforementioned segments across the whole region is also included.
North America is expected to make up 26.5% of the total SDR market. The market will be dominated by defense and homeland security applications. The JTNC program will generate the momentum for SDRs in the defense segment.
http://www.micromarketmonitor.com/market/north-america-software-defined-radios-4144440188.html
Europe Software Defined Radios Market
Europe constitutes 25% of the total global SDR market and will continue to have a major share of the total market. Technological innovations in software and hardware domains of SDRs will act as catalysts for the market. All the three segments, i.e., defense, commercial, and homeland security are expected to drive the market.
The European defense segment will be driven by the ESSOR program and other country-specific programs. Delivery of F-35 fighters to countries in Europe such as the UK, Italy, Norway, and the Netherlands will add to the SDR market as SDRs are a major component of the F-35’s Communication, Navigation, and Identification (CNI) system. The commercial segment will be driven by the growth in the telecom sector. The homeland security market will be driven by the fact that all nations in the European region have their own public agencies which need to communicate within themselves and also across nations.
http://www.micromarketmonitor.com/market/europe-software-defined-radios-9098960848.html
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