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Antenna, Transducer, and Radome Global Market 2023 - Industry Trends, Share, Size, Growth, Opportunity And Forecast 2032
Antenna, Transducer, And Radome Market
Antenna, Transducer, And Radome Market Size, Growth Rate, And Forecast
The global antenna, transducer, and radome market size is expected to grow from $10.62 billion in 2022 to $11.53 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The antenna, transducer, and radome market is expected to reach $15.75 billion in 2027 at a CAGR of 8.1%.
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Antenna, Transducer, And Radome Market Drivers
Rising defense expenditure is expected to propel the growth of the antenna, transducer, and radome market going forward. Defense expenditure includes current and capital expenditures on the armed forces, including peacekeeping troops, defence ministries, and other government agencies involved in defence programs.
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Antenna, Transducer, And Radome Market Segments
• By Product Type: Antenna and Transducers, Radome
• By Platform: Airborne, Ground, Naval
• By Technology: Communication, Radar, Sonar
• By End User: Commercial, Defense
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Antenna, Transducer, And Radome market.
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Antenna, Transducer, And Radome Market Key Players
Major competitors in the Antenna, Transducer, And Radome market include L3 Harris Technologies Inc., Cobham Limited, Raytheon Technologies, Lockheed Martin Corporation, General Dynamics Mission Systems Inc., Northrop Grumman Corporation
The Business Research Company's "Global Antenna, Transducer, And Radome Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Antenna, Transducer, And Radome Market Include:
1. Executive Summary
2. Antenna, Transducer, and Radome Market Characteristics
3. Antenna, Transducer, and Radome Market Trends And Strategies
4. Antenna, Transducer, and Radome Market - Macro Economic Scenario
5. Antenna, Transducer, and Radome Market Size And Growth
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26. Africa Antenna, Transducer, and Radome Market
27. Antenna, Transducer, and Radome Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Antenna, Transducer, and Radome Market
29. Antenna, Transducer, and Radome Market Future Outlook and Potential Analysis
30. Appendix
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