openPR Logo
Press release

With 5.8% CAGR, Military Transmit and Receive Module Market Growth to Surpass USD 7.7 billion

06-18-2024 08:43 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

With 5.8% CAGR, Military Transmit and Receive Module Market

This report analyzes Military transmit and receive module market from 2023 to 2028. It discusses various industry and technology trends currently prevailing in the military transmit and receive module market, along with the factors that drive, restrain, and challenge market growth globally. The Military transmit and receive module market is projected to grow from USD 5.8 billion in 2023 to USD 7.7 billion by 2028, at a CAGR 5.8%. Factors such as development of new transmit and receive module technologies and increase in demand for advanced electronic warfare and communications systems amid rising geopolitical tensions will drive market growth.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=245076574

Based on type, the market is segmented into gallium nitride, gallium arsenide, and others. The gallium nitride segment is estimated to account for the largest share of 48% of the military transmit and receive module market in 2023. The growth of the segment is propelled by research and development in gallium nitride semiconductor to increase power output of the transmit and receive module.

Based on applications, the market is segmented into radars, communication, electronic warfare, and space. The radar application is estimated to account for the largest share of 58% of the military transmit and receive module market in 2023. This huge market share of radar application is attributed to the huge radar modernization contracts. These military radars are integrated into various platforms, including ground-based installations, naval vessels, aircraft, and satellites, enabling comprehensive situational awareness.

Based on single band, the market is further segmented into HF/VHF/UHF (>1 GHz), L (1-2 GHz), S (1-2 GHz), C (1-2 GHz), X (1-2 GHz), and Ku/K/Ka (1-2 GHz). The X (1-2 GHz) single band segment is estimated to account for the largest share of 38% of the total single band segment in the military transmit and receive module market in 2023. This is due to the use of these modules in the radars used in locating rockets, artillery, mortars and missiles making it effective to use in air and missile defense radar.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=245076574

Based on region, the military transmit and receive module market is segmented into North America, Europe, Asia Pacific, Middle East, and the Rest of the World. North America is estimated to be the largest market for military T/R modules, with a share of 36% in 2023, and is projected to register a CAGR of 5.6% during the forecast period. The military transmit and receive module market is witnessing substantial growth, driven by technological advancements, increased defense modernization initiatives, international deals, and investments from private entities.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release With 5.8% CAGR, Military Transmit and Receive Module Market Growth to Surpass USD 7.7 billion here

News-ID: 3542353 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for GHz

eledyne HiRel Semiconductors Releases Wideband 50 GHz RF Switch Share
MILPITAS, Calif.--(BUSINESS WIRE)--Teledyne HiRel Semiconductors announces the availability of its latest rad-tolerant wideband 50 GHz RF switch, model TDSW050A2T. This switch operates from true DC to 50 GHz, delivering excellent RF performance down to zero Hertz, making this device ideal for many of today's complex space and defense applications. It has been developed in a 150nm pseudomorphic High Electron Mobility Transistor (pHEMT) Indium Gallium Arsenide (InGaAs) process and is available
Sub GHz Module Market Size 2024 to 2031.
Market Overview and Report Coverage A Sub GHz module is a wireless communication module that operates within the frequency range below 1 GHz. These modules are commonly used in various applications such as smart meters, home automation, industrial sensor networks, and remote controls. The Sub GHz Module Market is expected to experience significant growth in the coming years. The market is anticipated to grow at a CAGR of 10.90% during
Automotive Millimeter Wave Radar IC Market Forecast to 2028 - Covid-19 Impact an …
Millimeter wave radar makes use of highly directional and high frequency electromagnetic waves for mapping the surrounding environment. The mmWave radar typically operates at a high frequency of 24 GHz, 77 GHz, and 79 GHz that enables it in mitigating environmental factors such as heat and light. The antennas of mmWave radars are very small, have lower power, and are packaged easily into the vehicle designs. Also, these mmWave radars
RF Power Amplifier Market Report 2018: Segmentation by Frequency (< 10 GHz,10-20 …
Global RF Power Amplifier market research report provides company profile for NXP Semiconductors, Qualcomm, Inc., Toshiba Corporation, Infineon Technologies, Broadcom Pte. Ltd., Mitsubishi Corporation, Skyworks Solutions, Inc., Murata Manufacturing Co., Ltd., Analog Devices, Inc., II-VI, Inc. and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Wireless Mesh Network Market- Radio Frequency Band ( Sub 1 GHz Band, 4 GHz Band, …
The wireless mesh network market report provides analysis for the period 2014–2024, wherein the period from 2016 to 2024 is the forecast period and 2015 is the base year. The report covers all the major trends and technologies playing a key role in wireless mesh network market growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market’s growth during the said period.
Wireless Mesh Network Market (Radio Frequency Band - Sub 1 GHz Band, 4 GHz Band, …
The global wireless mesh networks market is extremely competitive in terms of the services and products offered by leading companies. Transparency Market Research observes that this current scenario of the vendor landscape has compelled market players to focus on the addition of innovative products and services to their portfolio to differentiate their offerings from their rivals. Keeping this in mind, two of the most common and successful strategies that companies have