According to a new report published by Allied Market Research, titled, “Military Antenna Market Share,” The military antenna market was valued at $3.7 billion in 2021, and is estimated to reach $6.7 billion by 2031, growing at a CAGR of 6.1% from 2022 to 2031.
Military Antenna Market by Platform (Airborne, Marine, Ground), by Application (Communication, Surveillance, SATCOM, Electronic Warfare, Telemetry), by Frequency (High Frequency, Ultra High Frequency, Super High Frequency, Extremely High Frequency), by End-Use (OEM, Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021-2031
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COVID-19 Scenario:
- The outbreak of the COVID-19 pandemic had negatively impacted the growth of the global military antenna market, owing to the disruption in supply chain leading to delays in production cycles, forcing firms to incur losses.
- The COVID-19 pandemic substantially impacted the overall military communications equipment manufacturing, such as audio processors, air traffic control towers, integrated naval communication systems, deployable radio-link communication systems, high-reliability transistors, and others, thereby adversely affecting the growth of the global market.
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KEY FINDINGS OF THE STUDY
- By platform, the marine segment is projected to dominate the global military antenna market in terms of growth rate.
- By application, the SATCOM segment is projected to dominate the global military antenna market in terms of growth rate.
- By frequency, the extremely high frequency segment is projected to dominate the global military antenna market in terms of growth rate.
- By end-use, the aftermarket segment is projected to dominate the global military antenna market in terms of growth rate.
The leading players operating in the military antenna market are Alaris Holdings, Amphenol Corporation, Antcom, Antenna Products Corporation, AVL Technologies, Inc., Barker & Williamson, Cobham Aerospace Communications, Comrod Communication AS., Eylex Pty Ltd., Hascall-Denke, L3Harris Technologies, Inc., Lockheed Martin Corporation, M.T.I Wireless Edge Ltd., Mobile Mark, Inc., Raytheon Technologies Corporation, Rohde & Schwarz, and Southwest Antennas.
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