The global antenna market size is anticipated to grow in a stately manner owing to the increasing development of technologically advanced satellite antenna in the aerospace and defense industry, observes Fortune Business Insights™ in an upcoming report, titled, “Antenna Market Size, Share & Industry Analysis, By Type (Radio Antennas, Smart Antennas), By Technology Type (SIMO, MIMO, MISO, Others), By Application (RADAR, Satellite Communications, Cellular Communications, WiFi Systems, WiMax Systems, Others) and Regional Forecast, 2023-2030.” The growing adoption of satellite communication in aircraft and the modernization of anti-jam GPS navigation systems in the military are expected to drive the demand for antennas.
Get A Request Sample PDF Brochure:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/antenna-market-103325
Drivers & Restraints-
Increasing Modernization of Aerospace Industry Worldwide to Drive Growth
The rising focus on modernizing the aerospace industry, especially in developed regions including North America and Europe, is estimated to drive the growth of the global antenna market. For instance, the European nations have adopted Single European Sky ATM Research (SESAR), an airspace modernization program that focuses on improving Air Traffic Management (ATM) and installing innovative solutions to eliminate inefficiencies associated with European Air Traffic Management. However, the high cost associated with the development is anticipated to hinder growth.
Get A Customized PDF Brochure:
https://www.fortunebusinessinsights.com/enquiry/customization/antenna-market-103325
Regional Insights-
Robust Aerospace and Defense Industry in U.S. to Help North America Dominate
North America is set to dominate the global antenna market owing to the unprecedented development of the aerospace and defense industry in the U.S. For instance, according to the Aerospace Industries Association (AIA), in 2019, the total sales revenue of the industry contributed a combined economic value of USD 396 billion, representing around 1.8% of total U.S. GDP. In addition, the U.S. being the leader in the design, development, and manufacturing of technologically advanced aircraft would drive the demand for antennas in the region.
The market in Asia Pacific is projected to capture significant growth in the upcoming years. The rising adoption of tactical communication, security, & surveillance activities in emerging nations including China and India are estimated to ensure growth in the region.
Competitive Landscape-
Finding Applications in the Defense Sector to Aid Key Players Gain Prominence
The global antenna market comprises prominent enterprises and manufacturers focusing on the industry’s development. Key players are focusing on finding new applications in the satellite technology in order to gain high share in the aerospace and defense industry. For instance, in April 2020, the U.S. Space Force’s Space and Missile Systems Center (SMC) awarded L3Harris Technologies USD 500 million indefinite delivery, indefinite quantity (IDIQ) contract for anti-jam satellite communications mode.
Industry Developments-
- In April 2019, Viasat launched the second-generation hybrid in-flight connectivity Ku-/Ka-band antenna system for commercial wide-body aircraft. Ku-/Ka-band terminal is the most capable and flexible solution for GeoSynchronous and Non-GeoSynchronous satellite networks.
- In June 2017, Bae Systems Inc. and Department of Defense (the U.S.) were awarded a contract with a valuation of USD 12.3 million to provide 256 antenna units on single-seat F/A-18A jets.
Inquire Before Buying This Report:
https://www.fortunebusinessinsights.com/enquiry/queries/antenna-market-103325
A List of Key Manufacturers Operating In the Global Antenna Market Report:
- Accel Networks LLC
- ArrayComm LLC
- Broadcom Corp.
- CommScope
- Linx Technologies
- Motorola Inc.
- Qualcomm Inc.
- Rukuss Wireless
- Others
More Related Links:
Air Ambulance Services Market Trends
Air Ambulance Services Market Size
Air Ambulance Services Market Share
Air Ambulance Services Market Growth
Air Ambulance Services Market Forecast
Air Ambulance Services Market Analysis
Air Ambulance Services Market Opportunities
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Contact Us:
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower,
Baner – Mahalunge Road, Baner,
Pune-411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: [email protected]
Connect us via Social Media Channels:
LinkedIn Facebook Twitter Blogs