Military Antenna Market worth 4.30 Billion USD by 2022

By -

Military Antenna Market by Application (Communication, SATCOM, Surveillance, Electronic Warfare, Navigation, Telemetry), Type (Dipole, Monopole, Array, Loop, Aperture, Travelling Wave), Platform, Frequency Band, and Region - Global Forecast to 2022

(EMAILWIRE.COM, October 28, 2021 ) According to the new research report "Military Antenna Market by Application (Communication, SATCOM, Surveillance, Electronic Warfare, Navigation, Telemetry), Type (Dipole, Monopole, Array, Loop, Aperture, Travelling Wave), Platform, Frequency Band, and Region - Global Forecast to 2022", The military antenna market is estimated at USD 3.23 Billion in 2017 and is projected to reach USD 4.30 Billion by 2022, at a CAGR of 5.90% from 2017 to 2022. Military modernization programs and increasing procurement of radar and air defense systems is expected to drive the market for military antennas.

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=217007639

The airborne platform segment is projected to grow at the highest CAGR during the forecast period

Based on platform, the airborne segment of the military antenna market is projected to grow at the highest CAGR from 2017 to 2022 due to increasing aircraft deliveries in the commercial and military sectors.

The electronic warfare segment is projected to grow at the highest CAGR during the forecast period

Based on application, the electronic warfare segment of the military antenna market is projected to witness the highest growth during the forecast period. Adoption of electronic warfare techniques in various military platforms such as aircraft, ships, and vehicles, among others is expected to drive the market.

Asia Pacific is projected to be the fastest-growing market for military antennas during the forecast period

The military antenna market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the high demand from countries such as China, India, and Japan. The military budgets of these countries are increasing year-on-year due to the increasing adoption of advanced warfare techniques. Antennas are essential components for the establishment of communication networks between different forces.

Major players operating in the military antenna market include Harris (US), Cobham (UK), Comrod (Norway), Shakespeare Electronics (US), Rohde & Schwarz (Germany), Antenna Products (US), Terma (Denmark), Alaris Antennas (South Africa), and MTI (Israel).

Ask for Sample Report @
https://www.marketsandmarkets.com/requestsampleNew.asp?id=217007639


About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact

Read other news from MarketsandMarkets™

Timing Devices Market Size, Share, Revenue Trends & Forecast to 2030

MarketsandMarkets™ - Sep 18, 2023
Timing Devices Market by Type (Oscillators, Atomic Clocks, Clock Generators, Clock Buffers, Jitter Attenuators), Material (Crystal, Silicon, Ceramic), Vertical (Consumer Electronics, Automotive) and Region - Global Forecast to 2030 ...Read more

Artificial Intelligence Market Segmented by Product, Top Manufacturers, Geography Trends & Growth Opportunity to 2030

MarketsandMarkets™ - Sep 18, 2023
Artificial Intelligence technology such as machine learning, natural language processing, computer vision, and others are revolutionizing various sectors, including healthcare, finance, manufacturing, and retail. ...Read more

Digital PCR (dPCR) and Real-time PCR (qPCR) Market worth $12.4 billion by 2028, at a CAGR of 7.8%.

MarketsandMarkets™ - Sep 18, 2023
"Digital PCR (dPCR) and Real-time PCR (qPCR) Market by Product (Instruments, Reagents & Consumables, Software & Services), Application (Clinical, Research, Forensic), End User (Hospital, Diagnostic Labs, Pharma, Biotech, CROs) - Global Forecast to 2028". ...Read more