Military Antenna Market 2019 Size, Share, Trends, Growth, Insights, Statistics, Competitive Analysis, Regional Outlook and Global Forecast to 2023

Military Antenna Market 2019 Size, Share, Trends, Growth, Insights, Statistics, Competitive Analysis, Regional Outlook and Global Forecast to 2023

“Military Antenna Market”
Global Military Antenna Market: Information by Type (Dipole, Monopole, Array, Others), Frequency (HF, VHF, UHF), Application (Surveillance, Electronic Warfare, Navigation, Communication), End User (Airborne, Marine, Ground), & by Region—Forecast till 2023

The global military antenna market is expected to exhibit a strong CAGR of 6% over the forecast period due to the growing demand for stronger communication and surveillance units in modern armed forces, according to the latest research report from Market Research Future (MRFR).

Competitive Analysis:

Leading players in the global military antenna market include RAMI, Barker and Williamson, Rohde & Schwarz, Lockheed Martin Corporation, Raytheon Company, Cojot Oy, Eylex Pty Ltd., MTI Wireless Edge, Terma A/S, Comrod Communications AS, Cobham plc, and Harris Corporation.

In July 2019, Ball Aerospace, Lockheed Martin, and Kratos Defense & Security Solutions received a USD 7.2 million grant from the U.S. air force’s defense innovation unit for the development of a multi-band, multi-mission phased array antenna for satellite-based communication.

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Segmentation:

The global military antenna market is segmented on the basis of type, frequency, application, end use, and region.

By type, the global military antenna market is segmented into dipole, monopole, array, and others. The dipole segment dominates the global military antenna market at present. However, the array segment is likely to exhibit faster growth over the forecast period due to the growing recognition of its benefits over the other types of military antenna.

By frequency, the global military antenna market is segmented into high frequency, very high frequency, and ultra high frequency. The high frequency segment accounts for the largest share in the global military antenna market, but is likely to be dwarfed by the ultra high frequency segment over the forecast period in terms of growth rate.

By application, the global military antenna market is segmented into surveillance, electronic warfare, navigation, and communication. The surveillance segment is expected to exhibit the highest growth rate over the forecast period, as the demand for strong surveillance systems is growing among armed forces around the world. The communication segment accounts for the largest share in the global military antenna market at present.

By end use, the global military antenna market is segmented into ground-based, marine, and airborne.

Regional Analysis:

North America is likely to dominate the global military antenna market over the forecast period due to the growing presence of military product manufacturers in the region and the increasing military expenditure by the U.S. and Canada. Several leading producers of military antenna products, including Lockheed Martin, RAMI, and Harris Corporation, are located in North America, which is a major driver for the military antenna market in the region. The increasing demand for better, more reliable communication technology in armed forces in the U.S. and Canada is likely to be a major driver for the military antenna market in the region over the forecast period. The increasing integration of satellite-based communication channels in the U.S. is also likely to be a major driver for the military antenna market in the region over the forecast period.

Asia Pacific is expected to exhibit the highest growth rate in the global military antenna market over the forecast period due to the increasing military expenditure in countries such as India, China, and South Korea. The increasing conflict in the border regions between India and Pakistan, India and China, China and Taiwan, and South and North Korea is likely to drive the demand for several kinds of military technology in Asia Pacific, including military antennas. The growing presence of leading military tech manufacturers in Asia Pacific is also likely to be a major driver for the military antenna market in the region over the forecast period.

Europe is also a leading player in the global military antenna market and is likely to maintain a stable share in the market over the forecast period, although it is likely to be dwarfed by North America in terms of market size and by Asia Pacific in terms of market growth. The strong demand for a technologically aligned army in Europe’s leading powers is likely to drive the military antenna market in the region over the forecast period. 

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