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Author: Asif Anwar
Publication Date: Apr 17 2015
Pages: 13
Report Type: Data Table, Excel
Defense

Land Military Radio Market and Technology Forecast: 2014 - 2024



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Report Summary:

Strategy Analytics forecasts the land-based military radio market will approach $6.5 billion in 2024, representing a CAGR of 3.3%. North America will represent the largest regional end market at the beginning, but demand from the Asia-Pacific region will outpace other regions and account for 37% of the global market in 2014. Handheld radios will drive volume, with the total number of radio shipments growing at a CAGR of 3.5% through 2024. Demand for HF, VHF and UHF radios will be maintained but growth will be driven by a move towards multi-band and wideband radios. The associated market for semiconductors and other components will exceed $927 million with solid-state architectures displacing tube-based solutions.

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