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

Shipborne Military Radio Market and Technology Forecast: 2014 - 2024



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Report Summary:

Strategy Analytics forecasts the shipborne military radio market will grow at a relatively conservative rate given the smaller system volumes associated with this segment. The overall market will be worth just over $1.1 billion in 2024, with the associated number of radio system shipments growing at a CAGR of 3.2%. Smaller platforms such as fast attack craft and offshore patrol vehicles will drive the bulk of unit shipments. A continued emphasis on high power, long range communications will translate into the market for vacuum tube-based components remaining stable. Solid-state semiconductor technologies such as GaN will be at a relatively early stage of implementation but will see robust adoption translating into a CAGR of 31.5% over the forecast timeframe.

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