Emerging Trends to Drive Phased Array Antenna Market Growth at 9% CAGR Through 2029

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Phased Array Antenna Market Size Growth Forecast: What to Expect by 2025?
Recently, the phased array antenna market has witnessed robust growth. The market size, which stood at $3.51 billion in 2024, is projected to reach $3.83 billion in 2025, growing at a compound annual growth rate (CAGR) of 9.2%. This growth spike during the historic period can be linked to the rising use of Internet of Things (IoT) devices, increased integration of automotive sensors, growing demand for satellite communications, soaring demand for radar systems, and the escalating deployment of 5G infrastructure.

How Will the Phased Array Antenna Market Size Evolve and Grow by 2029?
In the coming years, the phased array antenna market is projected to experience significant growth, reaching $5.41 billion by 2029, with a compound annual growth rate (CAGR) of 9.0%. This growth over the forecast period can be attributed to factors such as the advancement in self-driving vehicles, the ever-increasing requirement for secure communication, the surging call for low-latency communication, the upturn in commercial space activities, and the growth in defense expenditure by governments. Key trends during the forecast period include the incorporation of phased arrays into commercial aviation, the advent of compact, cost-effective arrays, the trend towards digital beamforming, the merging with AI-based signal control, and the increasing demand for multi-function radar systems.

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What Drivers Are Propelling the Growth of Phased Array Antenna Market Forward?
The growth of the phased array antenna market is expected to be fueled by the escalating 5G infrastructure. This infrastructure features a network comprising small-cell and macro base stations, edge computing systems, and a cloud-native core network, all created to offer ultra-fast, low-latency connectivity for applications such as IoT, AR, and self-driving cars. The rise in 5G infrastructure can be attributed to sizeable public and private sector investments aimed at broadening digital connectivity and technological competitiveness. The function of a phased array antenna in enhancing 5G infrastructure lies in its ability to facilitate rapid, precise beamforming which boosts signal strength, coverage, and capacity in densely populated urban settings. For example, a report released by the UK's regulatory authority for communication, the Office of Communications (Ofcom), in December 2023 revealed that as of September 2023, the UK hosted over 18,500 5G deployments across roughly 81,000 sites, showing an escalation from about 12,000 deployments in 2022. Consequently, the burgeoning 5G infrastructure is catalyzing the growth of the phased array antenna market.

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Which Emerging Trends Are Transforming the Phased Array Antenna Market in 2025?
Big-name businesses in the phased array antenna market are placing a key focus on the creation of inventive tools like satellite communication solutions, in response to the increasing demand for high-performing and effective connectivity. Satellite communication is all about utilizing artificial satellites to boost and transmit radio signals between ground stations, allowing for the unhindered worldwide transmission of data, voice, and video. In an example from October 2023, Keysight Technologies Inc., a corporation based in the US specializing in the production of software and measurement tools for electronics, rolled out a control and calibration solution for phased array antennas designed specifically for satellite communications. This tailor-made solution is vital for beam steering and high-frequency satellite operations as it provides support for multi-channel phase and amplitude control across large antenna arrays. Design validation and production testing are significantly expedited through the integration of advanced signal analysis tools with real-time feedback and automation capabilities. This product is compatible with a broad range of frequencies including Ka-band and higher, making it a perfect solution for next-generation aerospace and satellite applications where rapid, low-latency communication is vital.

What Are the Key Segments in the Phased Array Antenna Market?
The phased array antenna market covered in this report is segmented -

1) By Antenna Type: Phased Array Antenna, Flat Panel Antenna, Reflector Antenna
2) By Component: Transmitter, Receiver, Beamforming Network, Other Components
3) By Frequency Band: High Frequency (HF), Very High Frequency (VHF), Ultra High Frequency (UHF), Super High Frequency (SHF), Extremely High Frequency (EHF)
4) By Application: Military And Defense, Telecommunications, Space Exploration, Weather Forecasting, Remote Sensing
5) By End User: Aerospace And Defense, Telecommunications Providers, Government Agencies, Commercial Enterprises

Subsegments:
1) By Phased Array Antenna: Active Phased Array, Passive Phased Array, Electronically Scanned Array (ESA), Conformal Phased Array
2) By Flat Panel Antenna: Electronically Steered Flat Panel, Mechanically Steered Flat Panel, Low Profile Flat Panel, Solid-State Flat Panel
3) By Reflector Antenna: Parabolic Reflector, Offset Parabolic Reflector, Cassegrain Reflector, Shaped Reflector

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Who Are the Key Players Shaping the Phased Array Antenna Market's Competitive Landscape?
Major Companies operating in the phased array antenna market are Raytheon Technologies Corporation, Boeing Company, Lockheed Martin Corporation, Airbus Group, General Dynamics Corporation, Northrop Grumman Corporation, Mitsubishi Electric Corporation, Honeywell International Inc., BAE Systems plc, L3Harris Technologies Inc., Leonardo S.p.A., Thales Group, Ball Corporation, ALL.SPACE Networks Limited, SAAB AB, QinetiQ Group, Terma A/S, Kymeta Corporation, MTI Wireless Edge Ltd., C-COM Satellite Systems Inc.

What Geographic Markets Are Powering Growth in the Phased Array Antenna Market?
North America was the largest region in the phased array antenna market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the phased array antenna market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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