Press release
Steady Expansion Forecast for Multiple Input, Multiple Output (MIMO) Radar Antenna Market, Projected to Reach $1.78 Billion by 2029
Multiple Input Multiple Output MIMO Radar Antenna
Multiple Input, Multiple Output (MIMO) Radar Antenna Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a significant expansion in recent years for the multi-input, multi-output (MIMO) radar antenna market, escalating from a market value of $1.00 billion in 2024 to an anticipated $1.12 billion in 2025 with a compound annual growth rate (CAGR) of 12.7%. Factors contributing to the growth during the historic period include increased utilisation of phased array radar systems, heightened adoption of defense electronic warfare systems, surge in need for weather monitoring and remote sensing, expansion in the aerospace and aviation sectors, and growing cross-border security risks.
Multiple Input, Multiple Output (MIMO) Radar Antenna Market Size Forecast: What's the Projected Valuation by 2029?
Forecasts depict a rapid expansion in the market size of the multiple-input, multiple-output (MIMO) radar antenna industry in the coming years. In 2029, it's predicted to climb to $1.79 billion, boasting a compound annual growth rate (CAGR) of 12.3%. This projected expansion during the forecast period can be ascribed to its integration into autonomous vehicle ecosystems, burgeoning demand in space exploration and satellite scrutiny, the broadening of intelligent transport infrastructure, escalating adoption of drone swarm technologies, and the intensifying emphasis on cognitive radar and AI-driven signal processing. Trends anticipated during the forecast period span across the integration of quantum sensing technologies, the inclusion of digital twin simulations for radar systems, the growth of cloud-powered radar data processing, the junction of radar with lidar and optical sensors, and the crafting of bio-inspired antenna designs.
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What Are the Drivers Transforming the Multiple Input, Multiple Output (MIMO) Radar Antenna Market?
The expansion of 5G networks is projected to fuel the development of the multiple input, multiple output (MIMO) radar antenna market in the future. As the upgraded successors to their preceding generations, 5G networks promise superior mobile connections, significantly increased data speeds, lower latency, and superior capacity. Fast-paced 5G expansion is fueled by the rising demand for high-speed wireless connectivity in autonomous vehicles, smart cities, and Internet of Things applications. This necessitates sophisticated infrastructure capable of massive data handling and ultra-reliable low-latency communications. 5G networks surge the demand for MIMO radar antennas, since these systems necessitate complex antenna arrays for enabling spatial multiplexing and beamforming capabilities that are fundamental to 5G's superior performance attributes. For example, as per Ericsson, a telecommunications company based in Sweden, it is foreseen that by 2030, 5G mobile subscriptions will increase from 1.62 billion in 2023 to 6.29 billion. Thus, the expansion of 5G networks stimulates the growth of the multiple input, multiple output (MIMO) radar antenna market.
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What Long-Term Trends Will Define the Future of the Multiple Input, Multiple Output (MIMO) Radar Antenna Market?
Major entities involved in the MIMO (multiple-input, multiple-output) radar antenna market are concentrating on developing new products like uncontrolled airspace monitoring radar systems to enhance situational awareness across defense and commercial sectors. These unique systems can detect and monitor aircraft and drones in regions without formal air traffic control, thereby amplifying situational understanding and avert unauthorized invasions of airspace. For instance, in September 2024, HENSOLDT. a German manufacturer of sensor technologies used in defense and security, developed a compact, interference-resistant MIMO radar system as a part of their MIMO Air project, aimed at monitoring uncontrolled airspace, especially in urban locales. The radar system, certified via flight tests involving drones and a research helicopter done by the German Aerospace Center (DLR) in August 2024, offers dependable detection of small drones and aircraft in uncontrolled airspace, providing navigation support, obstacle alertness, and landing assistance by using AI to adapt to varying environmental conditions. HENSOLDT led the project, which was supported by several partners and funded by the Federal Ministry of Economics and Climate Protection (BMWK).
Which Segments in the Multiple Input, Multiple Output (MIMO) Radar Antenna Market Offer the Most Profit Potential?
The multiple-input, multiple-output (MIMO) radar antenna market covered in this report is segmented as
1) By Type: Active Multiple Input, Multiple Output (MIMO), Passive Multiple Input, Multiple Output (MIMO), Hybrid Multiple Input, Multiple Output (MIMO)
2) By Frequency Band: L-Band, S-Band, C-Band, X-Band, Ku-Band, Ka-Band, Other Frequency Bands
3) By Application: Automotive, Aerospace And Defense, Industrial, Security And Surveillance, Other Applications
4) By End-User: Military, Commercial, Research, Other End-Users
Subsegments:
1) By Active Multiple Input, Multiple Output (MIMO): Active Electronically Scanned Array (AESA) Radar, Phased Array Radar, Digital Beamforming Radar, Solid-State Radar
2) By Passive Multiple Input, Multiple Output (MIMO): Passive Electronically Scanned Array (PESA) Radar, Reflector Antenna Systems, Passive Beamforming Antenna Systems, Metamaterial-Based Antennas
3) By Hybrid Multiple Input, Multiple Output (MIMO): Hybrid Active-Passive Antenna Systems, Reconfigurable Intelligent Surface (RIS) Enabled Antennas, Adaptive Beamforming Hybrid Systems, Multi-Band Hybrid Radar Antennas
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Which Firms Dominate the Multiple Input, Multiple Output (MIMO) Radar Antenna Market by Market Share and Revenue in 2025?
Major companies operating in the multiple input, multiple output (mimo) radar antenna market are Huawei Technologies Co Ltd, RTX Corporation, Lockheed Martin Corporation, Qualcomm Incorporated, Ericsson, Nokia Corporation, Keysight Technologies, Skyworks Solutions Inc, Qorvo Inc, Analog Devices Inc, Rohde & Schwarz GmbH & Co KG, General Atomics, Bharat Electronics Limited, HUBER+SUHNER AG, Rogers Corporation, Anritsu Corporation, Terma Group, Radio Frequency Systems, 2J Antennas, TMY Technology Inc.
Which Regions Offer the Highest Growth Potential in the Multiple Input, Multiple Output (MIMO) Radar Antenna Market?
North America was the largest region in the multiple-input, multiple-output (MIMO) radar antenna market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in multiple-input, multiple-output (MIMO) radar antenna report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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