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
Military Antenna Market is Estimated to Register a CAGR of more than 6% during the Forecast Period of 2018 to 2023
We recognize the key players in the global military antenna market as Cobham plc (UK), Harris Corporation (US), Terma A/S (Denmark), Comrod Communications AS (Norway), Eylex Pty Ltd. (Australia), Cojot Oy (Finland), MTI Wireless Edge (Israel), Lockheed Martin Corporation (US), Rohde & Schwarz (Germany), Raytheon Company (US), Barker and Williamson (US), and RAMI (US).
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The North American market for military antenna is expected to grow substantially during the forecast period. In 2017, the North American market accounted for the largest share, with the US accounting for the greater share of the regional market owing to the presence of key manufacturers such as Raytheon Company, Barker and Williamson, and RAMI.
In Europe, market growth is driven by Germany, the UK, France, and Italy. Germany is estimated to be the fastest-growing country-level market in the region. In Germany, there were increase in the military spending specifically in the research and development capabilities. This will create a demand for military antenna during the review period.
Asia-Pacific is projected to be fastest-growing regional military antenna market during the review period. China, Japan, India, and Australia are expected to contribute significantly to the growth of the regional market. China accounted for the largest market share in 2017. With an increase in the number of territorial dispute and cross border terrorism would create demand for the surveillance and communication systems, which is expected to drive market growth in the region. Moreover, over the last few years, there has been significant investments in R&D by antenna manufacturers in China and India.
The market in the Middle East & Africa is projected to register significant growth during the forecast period. Egypt and Israel are looking to invest heavily in the design and manufacture of ultra-high frequency antenna systems, this will propel the demand for the global military antenna market.
By type, the market has been classified as dipole, monopole, array, and others. The dipole segment accounted for the larger market share while the array segment is projected to register the higher CAGR during the review period. The growth of the array segment can be attributed to the rise in demand for advanced military surveillance systems. This will boost the demand for the array antenna segment as they are used in advanced military surveillance systems.
Based on application, the market has been divided into surveillance, electronic warfare, navigation, and communication. The communication segment accounted for the largest market share in 2017. Meanwhile, in military missions, constant surveillance is required to ensure safety and enhance situational awareness, and antenna forms a vital part in this. Hence, the surveillance segment of global military antenna market is likely to witness the highest CAGR.
Based on end user, the market has been categorized as airborne, marine, and ground. The ground segment is expected to hold the largest market share, whereas the airborne segment is projected to be the fastest-growing during the forecast period. With a rise in the number of military aircraft, the frequency of aircraft or flight movements is also rising, which is expected to result in a rise in the demand for the global military antenna market.
Table of Content:
1. Executive Summary
2. Scope of The Report
2.1. Market Definition
2.2. Scope of The Study
2.2.2. Research Objective
2.2.3. List of Assumptions
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
4. Market Landscape
4.1. Porter’s Five Forces Analysis
4.1.1. Threat of New Entrants
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of Substitutes
4.1.4. Segment Rivalry
4.1.5. Bargaining Power of Supplies
4.2. Value Chain/Supply Chain Analysis
Continued. . .
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