Overview and Scope
The military antenna is a device that receives and transmits electrical signals, with the receiver anticipating signals and the transmitter bouncing back signals at various frequencies and delivering varying amounts of complicated information. Armed forces use it to build communication bridges in order to improve national security.
Sizing and Forecast
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 growth in the historic period can be attributed to security and encryption, rapid deployment capability, advanced material usage, integration with satellite communication, electronic warfare adaptation..
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%. The growth in the forecast period can be attributed to rise in unmanned systems, focus on cognitive radio technology, development of directed energy weapons, increasing demand for satellite communication, enhanced cybersecurity measures.. Major trends in the forecast period include cybersecurity and secure communication, stealth and low observability, wideband and multiband antennas, miniaturization and portability, adaptation to electronic warfare..
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Segmentation & Regional Insights
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
North America was the largest region in the military antenna market in 2023 Europe is expected to be the fastest-growing region in the military antenna market report during the forecast period. The regions covered in the military antenna market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
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.
Key Industry Players
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.S., 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. .
The military antenna market report table of contents includes:
1. Executive Summary
2. Military Antenna Market Characteristics
3. Military Antenna Market Trends And Strategies
4. Military Antenna Market – Macro Economic Scenario
5. Global Military Antenna Market Size and Growth
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31. Global Military Antenna Market Competitive Benchmarking
32. Global Military Antenna Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Military Antenna Market
34. Military Antenna Market Future Outlook and Potential Analysis
35. Appendix
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