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Strong Growth Ahead for Military Airborne Radio Semiconductors Market
Market to Grow 43% through 2020
Boston, MA - August 3, 2010 – Representing a growing market for communications electronics, unmanned aerial vehicles (UAVs) will be the fastest growing category of airborne platforms. . The Strategy Analytics Advanced Defense Services (ADS) forecast model, “Airborne Communications Platforms - Advanced Electronics Component Forecast” concludes that with the number of airborne platforms growing and increasingly sophisticated communication requirements, there will be steady growth in the market for military airborne communications systems through 2020.
The fighter plane category will continue to represent the largest category of airborne platforms driving demand for communications systems and the subsequent electronics components. The overall military airborne communications market is projected to grow at a 4% CAAGR over the next decade to reach nearly $1 billion. Driven by multi-band and higher frequency radio requirements, the electronics content of the radio is forecast to grow at a slightly higher CAAGR of 5% to reach $167 million in 2020.
“The relatively long development cycles of these airborne platforms keep them better insulated from fluctuations seen in the broader economy,” noted Asif Anwar, Director of the Strategy Analytics ADS Service. “In addition, network-centric battle strategies are placing greater demands on communication networks. This increasing sophistication leads to increased demand for radio electronics with opportunities for emerging semiconductor technologies.”
This forecast data model details dynamics for airborne communications systems related to military airborne platforms. The total communications systems market is sized and segmented by geography, airborne platform, and system function. Further quantitative analysis details the electronics, functional components and primary semiconductor technologies that will underpin future communications systems used on military airborne platforms through 2020.
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