Global Military Shipborne Radio Market and Technology Forecast 2021-2031

Global Military Shipborne Radio Market and Technology Forecast 2021-2031

 
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End Market Analysis forecasts global military shipborne radio expenditure will approach $1.8 billion by 2031, representing a CAGR of 3.6%. This analysis looks at the shipborne radio market across region, platform types as well as frequency and power categories. Trends driving spending on the shipborne military radios will be underpinned by software defined radio architecture, rapidly increasing bandwidth demand for transporting data, solid-state technologies and radio connectivity with ship-to-ship and ship-to-shore networks. OPV-FAC-USV shipborne radio will represent the largest market both in dollar and shipment terms, with North America continuing to be the largest regional market opportunity for the shipborne radio system and component suppliers.

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