Market Synopsis:
Antennas are the transducers that convert radio frequency (RF) fields to alternating current and the vice versa. Military applications of the product include communication, operations of unmanned systems, electronic warfare, etc. Market Research Future (MRFR)’s observation reveals that the global military antenna market is projected to register 6% CAGR through the evaluation period 2018 to 2023.
Rising demand for advanced communication systems in the defense sectors is expected to boost the growth of the military antenna market in the forthcoming years. Also, increasing investments in the procurement of advanced military systems are prognosticated to expand the market in the nearby future. On the other side, the high cost of the systems is likely to check market expansion pace in the years to come.
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Competitive Dashboard:
Harris Corporation (US), Comrod Communications AS (Norway), Cobham plc (UK), Terma A/S (Denmark), Eylex Pty Ltd. (Australia), MTI Wireless Edge (Israel), Barker and Williamson (US), Cojot Oy (Finland), Lockheed Martin Corporation (US), Raytheon Company (US), Rohde & Schwarz (Germany), and RAMI (US) are the major players of the global military antenna market.
Market Segmentation:
Based on type, the military antenna market has been segmented into dipole, array, monopole, and others. Among these, the dipole antenna segment led the market in 2017 and is estimated to account for a substantial share of the market through the forecast period. However, on the other hand, the array segment is expected to register a relatively higher CAGR during the review period.
Frequency based segments of the global military antenna market are – very high frequency, high frequency, and ultra-high frequency. The high frequency segment held the dominant share of the market in 2017 and is likely to witness substantial growth in the foreseeable future. The ultra-high frequency segment is also likely to gain traction of the market in the upcoming years and is poised to mark a comparatively higher CAGR across the review period.
The key segments of the military antenna market identified on the basis of application are surveillance, navigation, electronic warfare, and communication. Among these, the communication segment is expected to dictate the growth of the market, while the surveillance segment is anticipated to reflect the highest CAGR through the review period.
Airborne, marine, and ground are the end-user segments of the global military antenna market.
Regional Analysis:
This MRFR assessment of the global military antenna market covers a regional and country-level analysis. The key regions identified are Asia Pacific (APAC), North America, Europe, the Middle East & Africa (MEA), and Latin America. North America holds the largest share of the market. It is expected to dictate the growth of the military antenna market on the global front during the review period. the presence of the key manufacturers of the product in the region, such as Lockheed Harris Corporation, Martin Corporation, and RAMI, is poised to drive the expansion of the regional market in the forthcoming years. Asia Pacific is an important growth pocket and is estimated to expand at the highest CAGR during the assessment period.
Technological innovations are the key area of research & development and are likely to attract huge investments over the next couple of years. This, in turn, is prognosticated to catapult the competitiveness in the market place in the forthcoming years. In addition, the focus on regional expansion is further anticipated to impact the competitive landscape of the military antenna market favorably in the years to come. Mergers & acquisitions, product launches, collaborations, portfolio developments, agreements, product innovations, etc. are some of the methods to be leveraged by the players to stay ahead of the curve and gain edge over other players in the market.
Table of Content:
1. Executive Summary
2. Scope of The Report
2.1. Market Definition
2.2. Scope of The Study
2.2.1. Definition
2.2.2. Research Objective
2.2.3. List of Assumptions
2.2.4. Limitations
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
Continued. . .
List of Table:
Table 1 Global Military Antenna Market, By Region, 2018–2023
Table 2 North America: Military Antenna Market, By Country, 2018–2023
Table 3 Europe: Military Antenna Market, By Country, 2018–2023
Table 4 Asia-Pacific: Military Antenna Market, By Country, 2018–2023
Table 5 Middle East & Africa: Military Antenna Market, By Country, 2018–2023
Table 6 Latin America: Military Antenna Market, By Country, 2018–2023
Table 7 Global Military Antenna Frequency Market, By Region, 2018–2023
Continued. . .
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