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Military Antenna Market Experiencing Steady Growth at 6.1% CAGR, Expected to Hit $6.7 billion by 2031

06-27-2024 11:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Military Antenna Market

Military Antenna Market

The ๐Œ๐ข๐ฅ๐ข๐ญ๐š๐ซ๐ฒ ๐€๐ง๐ญ๐ž๐ง๐ง๐š ๐Œ๐š๐ซ๐ค๐ž๐ญ report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/request-sample/A09184

The factors such as the integration of military SATCOM in military communication, increase in use of electronically steered phased array antennas, and surge in demand for land-based communication systems supplement the growth of the military antenna market. However, limited bandwidth for communications and high costs associated with the development and maintenance of infrastructure are the factors expected to hamper the growth of the market. In addition, the replacement of conventional equipment with technologically advanced equipment and the rise in government expenditure for military applications creates market opportunities for the key players operating in the market.

๐“๐ก๐ž ๐ค๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ฉ๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž

Eylex Pty Ltd., Cobham plc, Alaris Holdings Limited, Barker & Williamson, Amphenol Corporation, Southwest Antennas Inc., Mobile Mark Inc., Lockheed Martin Corporation, Rohde & Schwarz GmbH, Raytheon Company, AvL Technologies, Inc., Hascall-Denke, MTI Wireless Edge, L3 Harris, Comrod Communications, Antenna Products Corporation, Antcom Corporation

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐ญ๐ก๐ž ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/2e0340f7e62ee1c7e33379ce15155655

The concept of the military antenna is typically attributed to a military communication system in which the antenna is used as a device that uses a transducer to convert radio frequency into alternating electricity. It is integrated into machinery and other heavy equipment as they are alarms to stop running operations after detecting seismic vibration. The demand for antennas for aerial, maritime, and ground military operations has increased recently in India, the U.S., and China.

The report analyzes these key players in the global military antenna market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance, and operating segments by prominent players in the market.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

Based on region, the market across the North American region held the major market share in 2021, holding nearly two-fifths of the global military antenna market share and is expected to maintain its leadership status during the forecast period. However, the Asia-Pacific military antenna market is expected to cite the fastest CAGR of 7.8% during the forecast period. The report also analyses other regions such as Europe and LAMEA.

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎ'๐ซ๐ž ๐‘๐ž๐ช๐ฎ๐ข๐ซ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/A09184

In terms of end-use, the OEM segment held the major market share in 2021, contributing to nearly fourth-fifths of the global military antenna market share, and is expected to maintain its leadership position during the forecast period. However, the aftermarket segment, is expected to cite the fastest CAGR of 6.9% during the forecast period.

๐Š๐„๐˜ ๐…๐ˆ๐๐ƒ๐ˆ๐๐†๐’ ๐Ž๐… ๐“๐‡๐„ ๐’๐“๐”๐ƒ๐˜

By platform, the marine segment is projected to dominate the global military antenna market in terms of growth rate.

By application, the SATCOM segment is projected to dominate the global military antenna market in terms of growth rate.

By frequency, the extremely high frequency segment is projected to dominate the global military antenna market in terms of growth rate.

By end-use, the aftermarket segment is projected to dominate the global military antenna market in terms of growth rate.

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ž ๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐›๐ฒ ๐€๐Œ๐‘ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Military aircraft communication avionics Market- https://www.globenewswire.com/news-release/2022/06/13/2461098/0/en/Military-Aircraft-Communication-Avionics-Market-to-Garner-35-0-Billion-by-2030-Allied-Market-Research.html

Military Simulation and Training Market - https://www.globenewswire.com/en/news-release/2021/11/18/2336989/0/en/Military-Simulation-and-Training-Market-to-Garner-20-58-Billion-by-2030-Allied-Market-Research.html

Nanosatellite and Microsatellite Market - https://www.prnewswire.com/news-releases/nanosatellite-and-microsatellite-market-to-reach-8-69-billion-globally-by-2030-at-14-9-cagr-allied-market-research-301474824.html

Space Robotics Market - https://www.prnewswire.com/news-releases/space-robotics-market-to-reach-8-billion-globally-by-2031-at-6-9-cagr-allied-market-research-301746497.html

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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