Lucintel Forecasts the Global Military Antenna Market to Reach $4.5 billion by 2030
Lucintel Forecasts the Global Military Antenna Market to Reach $4.5 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global military antenna market looks promising with opportunities in the OEM and aftermarket. The global military antenna market is expected to reach an estimated $4.5 billion by 2030 from $3.2 billion in 2024, at a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are increase in the usage of electronically steered phased array antennas, growing need for military antennas for marine applications, and rising demand for tailored communication-on-the-move solutions for autonomous ground vehicles.
A more than 150-page report to understand trends, opportunity and forecast in military antenna market to 2030 by type (dipole antennas, monopole antennas, array antennas, loop antennas, aperture antennas, and traveling wave antennas), component (reflectors, feed horn, feed networks, low noise block converter, and others), application (surveillance, electronic warfare, navigation, communication, satcom, telemetry, and others), end use (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that electronic warfare is expected to witness the highest growth over the forecast period due to integration of efficient radio frequency technologies into military-grade electronic devices.
Within this market, OEM will remain the larger segment due to rising military antenna upgradation and military vehicle procurement.
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APAC will remain the largest region over the forecast period due to the growth in terror acts in the region has prompted governments in the area to strengthen their surveillance and anti-terrorism capacities.
Rohde & Schwarz, Cobham, Alaris, Mobile Mark, Southwest Antennas, L3 Harris, Hascall-Denke, Barker & Williamson, Antenna Products, Antcom are the major suppliers in the military antenna market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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