The global military antenna market size is expected to gain momentum by reaching USD 6.28 billion by 2028 while exhibiting a CAGR of 9.52% between 2021 and 2028. This information is published by Fortune Business Insights in its report titled “Military Antenna Market Size, Share & COVID-19 Impact Analysis, By Frequency (High, Ultra-High, Super High, and Extremely High Frequency), By Type (Dipole, Aperture, Travelling Wave, Loop, and Array Antenna), By Platform (Airborne, Marine, and Ground), By Application (Communication, Surveillance, SATCOM, Electronic Warfare, and Telemetry), and Regional Forecast, 2021-2028.” The report further mentions that the market stood at USD 3.25 billion in 2020. Factors such as the rising military expenditure and the growing cross-border disputes are anticipated to propel the demand for the product during the forecast period.
Increase In Demand: From 3.25 billion USD In 2020, The “Military Antenna Market” 2021 will register a 9.52% CAGR in terms of revenue Over the next five years and the global Market Size will reach USD 6.28 billion by 2028, Increasing demand for Military Antenna from various end-user industries including Application 1, Airborne, Marine, Ground is expected to drive the consumption of Military Antenna Market during the forecast period. The Research Report provides Key analysis on the market status of the Military Antenna manufacturers with best facts and figures, meaning, definition, SWOT analysis, expert opinions and the latest developments across the globe, The Report is spread through 200 Pages and also calculate the market size, Sales, Price, Revenue, Gross Margin and Market Share, cost structure, growth rate and Browse Data Tables and Figures with in-depth TOC on Military Antenna Market.
The Impact of COVID-19 on the global Military Antenna market:
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in disruptions in import and export activities of Military Antenna.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
Get a Sample PDF Brochure:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/military-antenna-market-101824
These Players adopted different strategies so as to hold major Industry share, Some of the Top Key Players In Military Antenna industry includes:
- Antcom (California, the U.S.)
- Cobham Limited (Wimborne Minster, The U.K)
- Comrod Communication AS (Stavanger, Norway)
- Eylex Pty Ltd. (New South Wales, Australia)
- Hascall-Denke (Florida, The U.S.)
- L3Harris Technologies Inc. (Florida, The U.S.)
- Lockheed Martin Corporation (Maryland, The U.S.)
- MTI Wireless Edge Ltd. (Israel)
- Raytheon Technologies Corporation (Connecticut, The U.S.)
- Rohde & Schwarz (Munich, Germany)
- TERMA (Aarhus Municipality, Denmark)
What does the Report Include?
The market report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to announce partnerships, introduce new products, and collaboration that will further contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as SWOT and PESTEL analysis to extract information about the current trends and industry developments that will drive the market growth during the forecast period.
Short Description About Military Antenna Market 2021:
An antenna is the interface between radio waves propagating through space and electric currents moving in metal conductors, used with a transmitter or receiver.
Scope Of the Military Antenna Market:
In 2021, The Global Military Antenna market size is projected to reach USD 6.28 Billion by 2028, from USD 3.25 billion in 2020, at a CAGR of 9.52% during 2021-2028.
DRIVING FACTOR
Rising Cross Border Disputes to Augment Growth
The rising border disputes have led the governments of several countries to strengthen their surveillance, security, and tracking capabilities. For instance, China and Japan are at loggerheads with the border issue involving parts of the South China Sea consisting of the Ryukyu Islands and Senkaku Islands. The need to ensure reliable communication and the increasing focus on strengthening the military might by countries globally will propel the adoption of the product. This, coupled with the growing military expenditures, is expected to favor the global military antenna market growth during the forecast period.
Market Segmentation:
Based on frequency, the market is divided into high frequency, ultra-high frequency, super high frequency, and extremely high frequency. On the basis of type, the market is segmented into dipole antenna, aperture antenna, traveling wave antenna, loop antenna, and array antenna. Moreover, based on platform, the market is trifurcated into airborne, marine, and ground.
On the basis of the platform, the ground segment held a global military antenna market share of about 44.86% in terms of revenue in the forthcoming years. The segment is anticipated to experience exponential growth backed by the growing focus on the modernization of existing military equipment that is boosting the adoption of advanced military antennas for ground operations globally.
Lastly, based on the region, the market is classified into North America, Latin America, Asia-Pacific, the Middle East and Africa, and Europe.
Speak to Our Expert:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/military-antenna-market-101824
REGIONAL INSIGHTS
North America – The region is expected to hold the highest position in the market in the forthcoming years. This is attributable to the presence of prominent manufacturers in the region and the growing focus on the modernization of military equipment that will propel the adoption of advanced military antennas in the region. North America stood at USD 1.22 billion in 2020.
Asia-Pacific – The market in the region is expected to gain traction backed by the increasing defense spending in countries such as India and China. According to the Center for Strategic & International Studies, in 2020, China spent around 1.268 trillion yuan in its defense budget, a 6.6% rise compared to the previous year.
COMPETITIVE LANDSCAPE
Key Players Focus on Partnership to Intensify Industry Competition
The global market for military antenna is experiencing healthy competition among major companies. These companies are focusing on partnering with other industry players to expand their product portfolio and further gain a stronghold in the market. Moreover, other key players are leveraging the opportunities by adopting several organic and inorganic strategies during the forecast period.
Key questions answered in the report:
- What is the growth potential of the Military Antenna market?
• Which product segment will take the lion’s share?
• Which regional market will emerge as a pioneer in the years to come?
• Which application segment will experience strong growth?
• What growth opportunities might arise in the Military Antenna industry in the years to come?
• What are the most significant challenges that the Military Antenna market could face in the future?
• Who are the leading companies on the Military Antenna market?
• What are the main trends that are positively impacting the growth of the market?
• What growth strategies are the players considering to stay in the Military Antenna market?
Key Industry Development:
December 2020 – Raytheon Technologies Corporation secured a contract worth USD 90.2 million from the U.S. Navy. The contract is aimed at delivering 23 submarine high data rate antenna systems for the high-capacity communication of underwater vessels.
View Related News:
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: [email protected]
wow, awesome post.Really thank you! Want more.
Muchos Gracias for your blog article. Really Cool.
I truly appreciate this article post.Thanks Again. Will read on…
Very neat post. Awesome.
Hey, thanks for the article.Really looking forward to read more.
I cannot thank you enough for the blog.Really thank you!
Appreciate you sharing, great article post.Thanks Again. Want more.
I really like and appreciate your article. Really Great.
I loved your blog post.Much thanks again. Keep writing.
Enjoyed every bit of your article post.Thanks Again. Keep writing.
Thanks again for the post.
Very good article. Want more.
Thanks-a-mundo for the article post.Thanks Again. Will read on…
Thank you ever so for you blog post.Much thanks again. Really Great.
Thanks-a-mundo for the blog article.Thanks Again. Keep writing.
Im thankful for the post. Keep writing.
Thanks for sharing, this is a fantastic article post.Really looking forward to read more. Cool.
Im obliged for the article.Really thank you! Keep writing.
Thanks for the blog post.Much thanks again. Keep writing.
I really enjoy the blog.Really thank you! Want more.
wow, awesome blog article.Thanks Again. Fantastic.
Awesome article post.Really thank you! Great.
This is one awesome article post.Really looking forward to read more. Great.
Wow, great article.Thanks Again. Really Cool.
wow, awesome article post.Thanks Again. Much obliged.
I truly appreciate this article.Really looking forward to read more.
A round of applause for your blog.Really looking forward to read more. Keep writing.
Very informative article.Really looking forward to read more. Much obliged.
Very neat blog article.Much thanks again. Awesome.
Muchos Gracias for your blog article.Much thanks again. Much obliged.
Very neat blog.
Thanks for the blog. Keep writing.
I truly appreciate this blog.Much thanks again. Really Great.
I am so grateful for your post.Much thanks again. Keep writing.
Fantastic article.Thanks Again. Fantastic.
I cannot thank you enough for the post.Really looking forward to read more. Fantastic.
wow, awesome blog.Thanks Again. Want more.
Thanks so much for the blog article.Much thanks again.
Wow, great article post.
Fantastic post.Thanks Again. Much obliged.
Great article post. Much obliged.
I truly appreciate this post. Fantastic.
Very neat post.Really looking forward to read more. Really Great.
wow, awesome article post.Thanks Again. Much obliged.
Appreciate you sharing, great article post.Really thank you! Will read on…
I really enjoy the blog post.Really thank you! Will read on…
wow, awesome article. Will read on…
Im obliged for the blog post.Really looking forward to read more. Really Cool.
Major thankies for the blog article. Keep writing.
Thanks again for the blog article.
Say, you got a nice article.Thanks Again. Really Great.
Beneficial document helps make frequent advance, appreciate it write about, this pile-up connected with expertise is usually to hold finding out, focus is usually the beginning of money.
Very good blog article.Thanks Again. Will read on…
I appreciate you sharing this blog article. Keep writing.
I truly appreciate this article post.Thanks Again. Cool.
I really enjoy the article post.Really looking forward to read more. Cool.
Major thanks for the post.Really looking forward to read more. Fantastic.
I truly appreciate this blog post.Really looking forward to read more. Fantastic.
Thanks for the post.Thanks Again. Keep writing.
Thanks for sharing, this is a fantastic article post.Really looking forward to read more. Want more.
Im thankful for the blog article.Thanks Again. Want more.
I think this is a real great article post.Really thank you! Awesome.
Thank you ever so for you article post.Really thank you! Great.
Thank you for your blog article.Really looking forward to read more. Cool.
Thanks for the blog.Much thanks again. Fantastic.
Wow, great blog article.Really looking forward to read more. Want more.
Very informative post.Much thanks again. Want more.
Hey, thanks for the blog.Much thanks again. Cool.
Appreciate you sharing, great blog.Much thanks again. Keep writing.
Fantastic blog article.Much thanks again. Fantastic.
Thank you for your blog article.Thanks Again. Much obliged.
I am so grateful for your article.Really looking forward to read more. Cool.
Thank you ever so for you post.Really thank you! Cool.
A big thank you for your blog. Thanks Again. Will read on…
This is one awesome blog.Thanks Again. Will read on…
Say, you got a nice article post. Fantastic.
I truly appreciate this article post.Thanks Again. Keep writing.
Enjoyed every bit of your article post.Really looking forward to read more. Really Great.
Thanks again for the article post.Really thank you! Awesome.
Very good blog article. Cool.
Thanks-a-mundo for the post. Fantastic.
Thanks-a-mundo for the blog post. Thanks Again. Much obliged.
Thanks for sharing, this is a fantastic article post. Will read on…
A big thank you for your blog post.Thanks Again. Cool.
Very good blog article.Really thank you! Want more.
A round of applause for your blog.Much thanks again. Will read on…
Thank you ever so for you blog article.Really thank you! Great.
Thanks-a-mundo for the article. Awesome.
Wow, great article post.Much thanks again.
I cannot thank you enough for the article post.Thanks Again. Will read on…
I cannot thank you enough for the article. Keep writing.
I truly appreciate this blog article.Really looking forward to read more. Really Great.
A round of applause for your blog post.Much thanks again. Fantastic.