Market Share of Software Defined Radio Industry
Despite the presence of many regional and international players in the market, few players accounted for a majority share in the software-defined radio market. Some of the prominent players in the market include L3Harris Technologies Inc., General Dynamics Corporation, Leonardo SpA, Elbit Systems Ltd, and Ultra Electronics Holdings.
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 November 2020, Elbit Systems was awarded a contract to provide the E-LynXTM Software Defined Radio (SDR) solution for the combat battalion level of the Spanish Army as a part of its combat radio network modernization program. These SRDs will be for dismounted soldiers and vehicular systems that will be installed onboard a range of combat platforms. Similarly, during the 2019 – 2020 period, the company received contracts from Sweden, Switzerland, and Germany to deliver the radios in hand-held and vehicular configurations. Such partnerships are anticipated to further enhance the geographical footprint of the companies in the market.
Software Defined Radio (SDR) Market Leaders
Elbit Systems Ltd.
L3Harris Technologies, Inc.
General Dynamics Corporation
Leonardo S.p.A.
Ultra Electronics Holdings
*Disclaimer: Major Players sorted in no particular order
