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Global Antenna, Transducer, and Radome Market: Growth Drivers, Market Size, Trends & Key Players

Antenna, Transducer, and Radome Market

Antenna, Transducer, and Radome Market

Projected Growth and Size of Global Antenna, Transducer, and Radome Market
The robust growth of the global antenna, transducer, and radome market is underpinned by several key developments:
• The market grew from $12.15 billion in 2024 to $13.01 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.0%.
• Factors such as telecommunication expansion, advancements in radar systems, the proliferation of wireless connectivity, satellite communication development, and the evolution of consumer electronics and medical imaging equipment powered this growth.
• The market is poised for additional robust growth through 2029, expected to reach $18.43 billion at a CAGR of 9.1%.
• The emergence of smart cities, renewed focus on space exploration and satellite constellations, upgrades to aviation communication, development of renewable energy infrastructure, advancements in automotive connectivity, and next-generation radar systems are key drivers for this projected growth.

What Is Driving The Growth In The Antenna, Transducer, and Radome Market?
The rising defense expenditure is a noteworthy catalyst propelling the growth of the antenna, transducer, and radome market. Defense expenditure encompasses current and capital expenditures on armed forces, defensive ministries, and other governmental bodies engaged in defense programs. This expenditure facilitates the purchase of antenna, transducers, and radome for aircraft, ships, and submarines, among other platforms. For instance, the Stockholm International Peace Research Institute reported in April 2024 that the total world military expenditure reached approximately $2,443 billion in 2023, marking a 6.8% increase from the previous year. This rise in defense expenditure steers the growth of the antenna, transducer, and radome market.

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Who Are the Key Players Driving Antenna, Transducer, and Radome Market Growth?
The antenna, transducer, and radome market is distinguished by several key players, including:
• L3Harris Technologies Inc.
• Cobham Limited
• Raytheon Technologies
• Lockheed Martin Corporation
• General Dynamics Mission Systems Inc.
• Northrop Grumman Corporation
• Honeywell International Inc.
• Astronics Corporation
• BAE Systems, Thales Group
• The NORDAM group
• CPI International Inc.
• Pacific Radomes Inc.
• Airbus
• Harbin Topfrp Composite Co. Ltd
• Saab Group
• Kratos Defense & Security Solutions Inc.
• Qorvo Inc.
• Esterline Technologies Corporation
• Terma A/S
• RADA Electronic Industries Ltd.
• Comtech Telecommunications Corp.
• Rohde & Schwarz GmbH & Co. KG
• Diehl Defence
• Cobham Advanced Electronic Solutions
• Ultra Electronics Holdings PLC
• Mercury Systems Inc.
• Antenna Products Corporation
• Rantec Microwave Systems
• TCI International Inc.

What Are The Key Trends In The Antenna, Transducer, and Radome Market?
Key trends resonating in the market include:
• Integration of antennas in smart devices
• Growth in automotive antenna technologies
• Use of multiple-input multiple-output (MIMO) antennas
• Emergence of satellite communication antennas
• Advancements in radar technologies
• Demand for 3D printed antennas and radomes

What Are The Segments Of The Global Antenna, Transducer, and Radome Market?
The antenna, transducer, and radome market can be segmented by:
• Product Type: Antenna And Transducers, Radome
• Platform: Airborne, Ground, Naval
• Technology: Communication, Radar, Sonar
• End User: Commercial, Defense

Which Region Leads The Antenna, Transducer, and Radome Market?
North America was the largest region in the antenna, transducer, and radome market in 2024. However, Asia-Pacific is expected to be the fastest-growing region during the forecast period, which also illustrates the evolving landscape of the antenna, transducer, and radome market.

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What Is Covered In The Antenna, Transducer, and Radome Market Global Market Report?
- Market Size Analysis: Analyze the Antenna, Transducer, and Radome Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Antenna, Transducer, and Radome Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Antenna, Transducer, and Radome Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Antenna, Transducer, and Radome Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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