Press release
Military Antenna Market - Exploration Trends, Analysis, Growth Prospects And Forecast 2033
The new report published by The Business Research Company, titled ""Military 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 military antenna market size has grown strongly in recent years. It will grow from $3.39 billion in 2023 to $3.7 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The military antenna market size is expected to see strong growth in the next few years. It will grow to $5.16 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%.
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Rising Military Sector Investments Is A Catalyst For Robust Growth In The Military Antenna Market
The increasing investment in the military sector is expected to propel the growth of the military antenna market. The military sector refers to the sector involved in research and development, production, and supplying armed forces equipment to enhance national security operations. Many organizations are investing in and collaborating with defense organizations on developing advanced military equipment and communications, such as an antenna, to enhance military tactical communication and information warfare applications such as signal intelligence, direction finding, military surveillance, and others to provide portable and reliable communication capabilities in harsh and challenging environments. For instance, in March 2022, the United States Air Force, a US-based air service branch of the United States Armed Forces, contracted with BAE Systems with an investment of $176 million to provide software-defined radios for its Airborne High-Frequency Radio Modernization (AHFRM) program. BAE Systems plc is a UK-based arms, security, and aerospace company. Furthermore, in September 2021, Babcock International Group plc, a UK-based aerospace, defense, and nuclear engineering service provider, agreed to a $ 135 million (£110 million) deal with the UK armed forces to deliver the new Defense Strategic Radio Service (DSRS) to critical military operations. Therefore, the increasing investment in the military sector is driving the growth of the military antenna market.
Revolutionary Innovations Reshaping The Military Antenna Market Landscape
Product innovations are a key trend gaining popularity in the military antenna markets. Major companies operating in the military antenna market are focusing on innovative products to sustain their position in the market. For instance, in June 2022, PPM Systems, a UK-based company operating in antenna manufacturing, introduced the ARA-252-201 antenna for communication applications. It is a dual-port, omnidirectional, multiband antenna installed atop a vehicle. The antenna has three collocated apertures for optimal performance and a small installation footprint. The low band is given on a separate channel, while the two upper bands are duplexed together. The antenna high-band port is ideal for UHF and WNW Software Defined Radio (SDR) applications since it has been designed for maximum gain from 225 to 450 MHz and 1350 to 2600 MHz. For HF and SINCGARS communications, the low-band port adds 30 to 88 MHz of functionality. With less than 1.5 dB of fluctuation, the gain has been calibrated to provide 360° of azimuth and -10° to +10° of elevation. The antenna has a 125-watt CW power rating for both bands.
The military antenna market covered in this report is segmented -
1) By Type: Dipole Antennas, Monopole Antennas, Array Antennas, Loop Antennas, Other Types
2) By Platform: Airborne, Marine, Ground
3) By Frequency: High Frequency, Ultra High Frequency, Super High Frequency, Extremely High Frequency
4) By Application: Communication, Survelliance, SATCOM, Electronic Warfare, Navigation, Telemetry
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Major companies operating in the military antenna market report are Alaris Holdings Group, Amphenol Corporation, Antcom Corporation, Antenna Products Corporation, Barker & Williamson, Cobham Limited, Comrod Communication Group, Eylex Pty. Ltd., Hascall Engineering & Manufacturing Co., L3Harris Technologies Inc., Lockheed Martin Corporation, MTI Group, Raytheon Company, Rohde & Schwarz GmbH & Co. KG, Terma A/S, Thales Group, Aselsan A.Ş., Viasat Inc., Norsat International Inc., AvL Technologies, Ball Corporation, ND SatCom GmbH, Mobile Mark Inc., Southwest Antennas, Gilat Satellite Networks, The Boeing Company, Northrop Grumman Corporation, Saab Automobile AB, Elta Systems Ltd., Moog Inc. .
Contents of the report:
1. Executive Summary
2. Military Antenna Market Report Structure
3. Military Antenna Market Trends And Strategies
4. Military Antenna Market - Macro Economic Scenario
5. Military Antenna Market Size And Growth
…..
27. Military Antenna Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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