BOSTON, April 30, 2015 /PRNewswire/ -- Moves towards bringing advanced capabilities will mean there will be continued spending on military radios. The Strategy Analytics Advanced Defense Systems (ADS) service series of military radio forecasts, outline global defense expenditure trends segmented on a regional basis before breaking out the expected spend on military radios incorporating systems, hardware, support and related services across the land, air and naval domains.
"While traditional HF, VHF and UHF radio frequencies will maintain use, there will be an increasing emphasis towards systems that can support multi-band and/or wideband operation," notes Eric Higham, North American Director for ADS. "The market for these radio systems will account for 47% of the total global military radio market in 2024."
"Handheld radios will drive the volume in the land-based military radio market, which will grow to $6.5 billion. Smaller platforms such as fast attack craft and offshore patrol vehicles, and the helicopter and light aircraft segment, will drive volumes in the shipborne and airborne segments," observed Asif Anwar, Director at Strategy Analytics. "The associated market for radio component technologies will grow from $710 million to almost $1.1 billion with GaN (gallium nitride) becoming an established technology as it grows at a CAGR of 32.7%."
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