Military Antenna Market is Forecasted to Reach US$ 6.15 Billion in 2030, Says Stratview Research

The global military antenna market is projected to witness a growth rate of 5.80% annually from 2024 to 2030 with an anticipated size of US$ 6.15 billion by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global military antenna market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/2926/military-antenna-market.html#form

Report Highlights:
Market Size in 2030: US$ 6.15 billion
Growth (CAGR): 5.80% during 2024-2030
Forecast Period: 2024-2030
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Military Antenna Market:

The global military antenna market is segmented based on type, platform type, application type, frequency band type, and region.

Based on type - The market is bifurcated into aperture antennas, array antennas, dipole antennas, loop antennas, monopole antennas, and traveling wave antennas. The dipole antenna segment accounted for the largest market share in 2023 and is expected to remain dominant during the forecast period. Most radar systems for military usage employ this kind of antenna. However, due to the rise in remote sensing and defense radar applications, the array antenna segment is predicted to exhibit a considerable CAGR during the projection period.

Based on platform type - The market is bifurcated into Airborne, Marine, and Ground. The marine segment accounted for a significant market share in 2023 and will remain the biggest market for military antennas in the forecast period. Maritime VSAT includes the usage of satellite communication through a very small aperture terminal (VSAT) on a moving ship. Since a ship moves, the antenna requires to be alleviated with orientation to the sphere and True north. Thus, require an antenna to constantly point at the satellite it utilizes to receive and transmit signals. The marine antenna is generally deemed to be the most essential element in a shipborne station for maritime satellite communications (MARSAT).

Based on application type - The market is segmented into surveillance, electronic warfare, navigation, communication, Satcom, and telemetry. Under these, the communication segment is expected to have the largest share in 2023 and is expected to maintain its dominance in the market during the forecast period. The increase in the use of warfare tools and systems by military personnel during combat operations is attributed to supremacy. Also, it is anticipated that the electronic warfare segment will expand at a considerably high CAGR during the forecast period. The increase in demand for modernized military radar and antenna systems is to liability for this.

Based on frequency band type - The market is segmented into High Frequency (HF), Very High Frequency (VHF), Ultra-High Frequency (UHF), Super High Frequency (SHF), and Extremely High Frequency (EHF). Super High Frequency (SHF) accounts for the largest market share in 2023 and is expected to maintain its supremacy during the forecast period due to an increase in the demand for military antennae in warfare. The increasing demand for consistent military satellite communication is mainly boosting growth within the market segment. The small wavelength of this band enables the transmission of narrow beams by space antennas such as horn antennas and parabolic dish antennas.

To know the most attractive segments, click here:
https://www.stratviewresearch.com/2926/military-antenna-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that the North America dominated the market with a significant share in 2023 and is likely to maintain its supremacy in the market throughout the forecast period. This growth outlook is majorly attributed to the following-

• The high military investment by the United States government is expected to facilitate the adoption of military antennae in the defense sector of the US, which in turn is expected to contribute to the growth of the market in the North American region over the forecast period.

Concurrently, Asia Pacific is expected to witness the fastest growth in the market during the forecast period. The key factors responsible for the swift growth are the continuous upgrades in the military and defense sectors by upgrading warfare platform technologies. Major countries, including China, India, and Japan are investing a huge amount in the up-gradation and advancement of the military sector by introducing advanced communication devices and related platforms in defense.

Military Antenna Market Drivers:

Some of the key drivers listed in the report are given below.

• The growing transformation of military equipment joined with the boost in legacy systems around the world.
• The rise in defense expenditure, increasing border disputes, technological advancements, and increasing adoption of advanced warfare techniques.
• High initial costs and economic instability in developed regions are the major restraints to the market worldwide.
• Increasing demand for surveillance systems and growth in the requirement for better border security.
• Growing military expenditure in developed and developing nations, such as Germany, Europe, the US, Japan, China, and India.
• An expansion in defense and military spending is estimated to boost the adoption of advanced technologies in the military sector.

Top Companies in the Military Antenna Market:

Stratview Research has identified the following companies as the top market players.
• Airbus (Netherlands)
• General Dynamics (US)
• Honeywell International Inc. (US)
• L3Harris Technologies (US)
• Maxar Technologies (US)

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Military Antenna Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Satellite Antenna Market: https://stratviewresearch.com/591/satellite-antenna-market.html
• Aircraft Antenna Market: https://stratviewresearch.com/551/aircraft-antenna-market.html

Postal Address:
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America

Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Call Us: +13133074176

About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

This release was published on openPR.