Flat Panel Antenna Market Segments, Overview, Trends And Report 2024 - 2033

"The new report published by The Business Research Company, titled ""Flat Panel Antenna Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the flat panel antenna market size has grown exponentially in recent years. It will grow from $0.40 billion in 2023 to $0.49 billion in 2024 at a compound annual growth rate (CAGR) of 22.5%. The flat panel antenna market size is expected to see exponential growth in the next few years. It will grow to $1.12 billion in 2028 at a compound annual growth rate (CAGR) of 22.8%.

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Increasing Satellite Launches Boosting The Flat-Panel Antenna Market
The growing number of satellite launches is expected to propel the growth of the flat-panel antenna market going forward. Satellite launches refer to the procedure of propelling satellites into orbit from the surface of the Earth using different launch vehicles, including rockets or spaceplanes. Satellite launches are on the rise due to several factors, including the increased demand for Earth observation and remote sensing, increasing space exploration, and increasing defense needs. Flat-panel antennas receive signals from numerous satellites at the same time, serving as crucial components for connecting the satellite's wider coverage regions. For instance, in September 2022, according to the United States Government Accountability Office, a US-based government agency, there were around 5,500 operational satellites in orbit. Further estimates indicate that by 2030, 58,000 more satellites are expected to be launched. Therefore, the growing number of satellite launches is driving the growth of the flat-panel antenna market.

Innovative Multi-Orbit And On-the-Move Flat-Panel Antennas Transforming Flat-Panel Antenna Market
Major companies operating in the flat-panel antenna market are developing advanced solutions, such as multi-orbit and on-the-move flat-panel antennas, to gain a competitive advantage in the market. A multi-orbit, on-the-move flat-panel antenna refers to a cutting-edge satellite antenna system that can function across numerous satellite orbits while preserving connectivity even when the antenna is moving. For instance, in October 2023, Kymeta Corporation, a US-based telecommunications company, launched the Osprey u8 HGL, a hybrid geostationary or low-earth orbit terminal designed specifically for military usage. It is the first multi-orbit, on-the-move flat-panel antenna for military users. Osprey u8 HGL offers military communications capabilities that are genuinely resilient and auto-PACE ready, enabling them to meet the needs of challenging and dangerous wartime environments. The Osprey u8 HGL's multi-orbit capabilities provide even better availability while being robust, highly adaptable, low power, low visibility, and user-friendly, requiring no satcom knowledge.

The flat panel antenna market covered in this report is segmented -

1) By Type: Mechanically Steered, Electronically Steered
2) By Frequency: Ku, K, And Ka-Band, C And X band
3) By End-User: Telecommunications, Military, Aviation, Commercial, Other End-Users

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Major companies operating in the flat panel antenna market are Kymeta Corporation, ThinKom Solutions Inc., Hanwha Phasor Ltd., TTI Norte S.L., OneWeb, L3Harris Technologies Inc., Ball Aerospace, Radio Waves, SatPro M&C Tech Co. Ltd, NXT Communications Corporation, ALCAN Systems GmbH, MTI Wireless Edge, C-COM Satellites Systems Inc., Gilat Satellite Networks, China Starwin Science & Technology Co., Ltd, ST Engineering Ltd, Cobham Aerospace Communications, Inmarsat, Isotropic Systems Limited, L-com Global Connectivity, Danaher Corporation , MTI Wireless Edge Limited, Kymeta Corporation, mWAVE Industries LLC, OneWeb Inc., RadioWaves Inc., SatPro M&C Tech Co. Ltd.

Contents of the report:
1. Executive Summary
2. Flat Panel Antenna Market Report Structure
3. Flat Panel Antenna Market Trends And Strategies
4. Flat Panel Antenna Market - Macro Economic Scenario
5. Flat Panel Antenna Market Size And Growth
…..
27. Flat Panel Antenna Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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