Defense Drone Antenna Market Growth Scenario with 6.6% of CAGR by 2027 - MP Antenna, LTD, PPM Systems, Southwest Antennas, TE Connectivity, Trimble

A rapidly changing modern warfare has been urging governments of various countries to allocate higher amounts toward the respective military forces. The military budget allocation enables the military forces to procure advanced technologies and equipment from national domestic or international manufacturers. On the same lines, solidier and military vehicle modernization practices are also on rise in many countries. The procurement of drones or unmanned aerial vehicles (UAVs) is a major part of this modernization strategy. In addition, the defense ministries worldwide are investing substantial amounts in newer technologies, including contemporary UAVs or unmanned aircraft systems (UAS). Surge in orders requirement for the drones or UAVs or UASs from the defense forces signifies a substantial demand for drone antennas, which is driving the defense drone antenna market.

Defense Drone Antenna Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Technology (Linear Polarized Directional Antenna, Linear Polarized Omni Directional Antenna, Circular Polarized Directional Antenna, and Circular Polarized Omni Directional Antenna), Type (Lightweight Antenna, FPV Antenna, Telemetry Antenna, NLOS Antenna, and Others), Frequency (High Frequency, Very High Frequency, and Ultra-High Frequency), and Application (Surveillance, Navigation, Communication, Telemetry, and Others), and Geography

Get Sample PDF Copy at https://www.theinsightpartners.com/sample/TIPRE00010248?utm_source=OpenPR&utm_medium=10051

Impact of COVID-19 Pandemic on Defense Drone Antenna Market

The recent COVID-19 outbreak of the Coronavirus has significantly affected the world and is continuing to shatter the economies of several countries. Until the outbreak of COVID- – 19, the defense industry was experiencing substantial growth in terms of production and services; however, the outbreak of the virus has been reflecting tremendouslyseverely disrupted the supply chain and manufacturing of defense equipment. However, the contractors are better positioned, as they are not expected to feel the adverse impact of COVID-19 in the short- to mid-term. While production is anticipated to slow down for the same reasons as in drone and its related components manufacturing, demand is unlikely to be affected over the next two years since the budgets for these projects had been assigned prior to the pandemic and these projects are crucial to national defense. The recovery period of impact of COVID-19 on defense industry is foreseen to be quicker as compared to various other industries. The production of the equipment is expected to start at a slower pace in 2020 and is anticipated to gain pace from 2021 which is further foreseen to positively influence the defense equipment manufacturing including drone antennas. This factor is analyzed to predict the growth of defense drone antenna market during the forecast period.

North America dominated the defense drone antenna market in 2019, followed by Europe and Asia Pacific. North America dominates the market for military UAVs. Hence, the demand for defense drone antennas from the region is high. The players and government in the US are significantly investing in R&D related to military UAVs. Apart from this, collaborations among industry giants, together with surging investments in developing technologically advanced UAVs to support many military applications, would accelerate the demand for military UAVs in the US. Europe is anticipated to witness the highest CAGR during the forecast period. The growth is attributed to various ongoing projects between EU countries for the development of military UAVs. Also, the APAC region is anticipated to exhibit a CAGR of ~7%, owing to rising demand for military drones by the developing economies concentrating on reinforcing their military strength. Moreover, China comprises several players engaged in the development of military drones. Other countries, such as India, South Korea, Singapore, and Indonesia, are also taking initiatives to build UAV manufacturing industries. Such factors are expected to influence the growth of defense drone antenna market in the APAC region.

North America dominated the defense drone antenna market in 2019, followed by Europe and Asia Pacific. North America dominates the market for military UAVs. Hence, the demand for defense drone antennas from the region is high. The players and government in the US are significantly investing in R&D related to military UAVs. Apart from this, collaborations among industry giants, together with surging investments in developing technologically advanced UAVs to support many military applications, would accelerate the demand for military UAVs in the US. Europe is anticipated to witness the highest CAGR during the forecast period. The growth is attributed to various ongoing projects between EU countries for the development of military UAVs. Also, the APAC region is anticipated to exhibit a CAGR of ~7%, owing to rising demand for military drones by the developing economies concentrating on reinforcing their military strength. Moreover, China comprises several players engaged in the development of military drones. Other countries, such as India, South Korea, Singapore, and Indonesia, are also taking initiatives to build UAV manufacturing industries. Such factors are expected to influence the growth of defense drone antenna market in the APAC region.

Strategic Insights

The players operating in the defense drone antenna market focus on strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

In 2020, PPM announced the opening of 40 new offices in the UK to expand its engineering and design, sales and marketing, customer service, and accounts work.

In 2020, Southwest Antennas introduced two new omnidirectional antennas for use in UHF and ISM band applications. These are ideal for tactical radio systems, handheld video receivers, MIMO & MANET radio systems, unmanned robotics platforms, and other applications. The new antennas either come in Ultra-Flex sealed spring base or flexible gooseneck base.

Buy Complete Report at https://www.theinsightpartners.com/buy/TIPRE00010248?utm_source=OpenPR&utm_medium=10051

The Insight Partners
533, 5th Floor,
Amanora Chambers, East Block, Amanora Township,
Kharadi Road, Hadapsar, Pune-411028
Email :sales@theinsightpartners.com
Phone : +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials

This release was published on openPR.