Military Antenna Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Military Antenna Market
The Military Antenna market size was valued at USD 4.05 billion in 2023, and the market is now projected to grow from USD 4.32 billion in 2024 to USD 7.77 billion by 2032, exhibiting a CAGR of 7.6% during the forecast period of 2024-2032.
Due to COVID-19, the Military Antenna Market growth has been forced to reposition its resources. This has resulted in delays in production, supply chain disruptions and the reallocation of budgets. The change in the procurement timelines has been affected by the shifting of defense expenditures towards pandemic response. Ordnance continues to drive the market, particularly in communication and surveillance sectors, with the aim of restoring supply chains and restarting production as recovery strategies.
Integrating the current satellite communications into the current communications and intelligence architectures involves wide use of Satellite communications (SATCOM). The need for bandwidth surged amidst growing usage needs and fast technological progress in Military Antenna market share.
Artificial intelligence antenna systems use adaptive arrays and switched radio antennas to improve reception patterns through signal processing techniques. This improves the performance and quality of wireless communication and increases efficiency for soldiers. The market for such products should grow as communication technology advances force up demand for more tracking ability combined with high-speed/high-frequency wavelengths.
Comprehensive Military Antenna Market
The Military Antenna market is growing at an exponential rate due to its market segmentation. These segmentations are methodically segregated by Frequency Analysis, by Type Analysis, by Platform Analysis, by Application Analysis. The Frequency Analysis includes high frequency, ultra-high frequency, super high frequency, and extremely high frequency. The Type Analysis includes slot antennas, dipole antennas, array antennas, traveling wave antennas, and loop antennas. The Platform Analysis includes ground, airborne, and marine. The Application Analysis includes SATCOM, communications, surveillance, electronic warfare, and telemetry.
The North America area lead the Military Antenna market with the resource of estimate a market size of USD 1.52 billion in 2023 due to the region's growth is being driven by U.S. military dominance, increased investment in development and testing, and increased budget spending.
The top players in the market play a crucial role in the Aerospace & Defence industry assuring industrial prospectus development and setting market standards. These players include, Antcom Corporation (U.S.), Cobham Advanced Electronic Solutions (U.K.), Eylex Pty Ltd. (Australia), Hascall-Denke (U.S.), Comrod Communication AS (Norway), Lockheed Martin Corporation (U.S.), MTI Wireless Edge Ltd. (Israel), L3Harris Technologies Ltd. (U.S.), Rohde & Schwarz GmbH & Co KG (Germany), Terma A/S (Denmark), Raytheon Technologies Corporation (U.S.) these market players provide a competitive landscape.
In January 2023, a distribution about an innovative technology that is essential for the success of hard missions was made available by CAES in this announcement. The fact that Northrop Grumman has been granted a contract of more than $24 million for the supply of M-Code GPS Antennas in support of Precision Guidance Kits(PGKs), shows why they are leaders in their field.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate 7.6% CAGR from 2024-2032
Unit Value (USD billion)
Segmentation By Frequency
High Frequency
Ultra-High Frequency
Super High Frequency
Extremely High Frequency
By Type
Dipole Antenna
Aperture Antenna
Traveling Wave Antenna
Loop Antenna
Array Antenna
By Application
Communication
Surveillance
SATCOM
Electronic Warfare
Telemetry
By Platform
Airborne
Marine
Ground
By Region
North America (By Frequency, by Type, By Application, By Platform)
- U.S. (By Application)
- Canada (By Application)
Europe (By Frequency, by Type, By Application, By Platform)
- U.K. (By Application)
- Germany (By Application)
- France (By Application)
- Russia (By Application)
- Rest of Europe (By Application)
Asia Pacific (By Frequency, by Type, By Application, By Platform)
- Japan (By Application)
- China (By Application)
- India (By Application)
- Australia (By Application)
- South Korea (By Application)
- Rest of Asia Pacific (By Application)
Rest of the World (By Frequency, by Type, By Application, By Platform)
- Middle East & Africa (By Application)
- South America (By Application)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Overview of the Parent/Related Markets
- 4.2. Industry SWOT Analysis
- 4.3. Emerging Trends
- 4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
- 4.5. Qualitative Analysis (In relation to COVID-19)
- 4.5.1. Impact of COVID-19
- 4.5.2. Supply Chain Challenges
- 4.5.3. Potential Opportunities due to COVID-19
- 5. Global MICE Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Event Type (Value)
- 5.2.1.1. Meetings
- 5.2.1.2. Incentives
- 5.2.1.3. Conventions
- 5.2.1.4. Exhibitions
- 5.2.2. By Region (Value)
- 5.2.2.1. North America
- 5.2.2.2. Europe
- 5.2.2.3. Asia Pacific
- 5.2.2.4. South America
- 5.2.2.5. Middle East & Africa
- 6. North America MICE Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Event Type (Value)
- 6.2.1.1. Meetings
- 6.2.1.2. Incentives
- 6.2.1.3. Conventions
- 6.2.1.4. Exhibitions
- 6.2.2. By Country (Value)
- 6.2.2.1. U.S
- 6.2.2.1.1. Event Type
- 6.2.2.1.1.1. Meetings
- 6.2.2.1.1.2. Incentives
- 6.2.2.1.1.3. Conventions
- 6.2.2.1.1.4. Exhibitions
- 6.2.2.2. Canada
- 6.2.2.2.1. Event Type
- 6.2.2.2.1.1. Meetings
- 6.2.2.2.1.2. Incentives
- 6.2.2.2.1.3. Conventions
- 6.2.2.2.1.4. Exhibitions
- 6.2.2.3. Mexico
- 6.2.2.3.1. Event Type
- 6.2.2.3.1.1. Meetings
- 6.2.2.3.1.2. Incentives
- 6.2.2.3.1.3. Conventions
- 6.2.2.3.1.4. Exhibitions
- 7. Europe MICE Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Event Type (Value)
- 7.2.1.1. Meetings
- 7.2.1.2. Incentives
- 7.2.1.3. Conventions
- 7.2.1.4. Exhibitions
- 7.2.2. By Country (Value)
- 7.2.2.1. Germany
- 7.2.2.1.1. Event Type
- 7.2.2.1.1.1. Meetings
- 7.2.2.1.1.2. Incentives
- 7.2.2.1.1.3. Conventions
- 7.2.2.1.1.4. Exhibitions
- 7.2.2.2. France
- 7.2.2.2.1. Event Type
- 7.2.2.2.1.1. Meetings
- 7.2.2.2.1.2. Incentives
- 7.2.2.2.1.3. Conventions
- 7.2.2.2.1.4. Exhibitions
- 7.2.2.3. Italy
- 7.2.2.3.1. Event Type
- 7.2.2.3.1.1. Meetings
- 7.2.2.3.1.2. Incentives
- 7.2.2.3.1.3. Conventions
- 7.2.2.3.1.4. Exhibitions
- 7.2.2.4. Spain
- 7.2.2.4.1. Event Type
- 7.2.2.4.1.1. Meetings
- 7.2.2.4.1.2. Incentives
- 7.2.2.4.1.3. Conventions
- 7.2.2.4.1.4. Exhibitions
- 7.2.2.5. U.K.
- 7.2.2.5.1. Event Type
- 7.2.2.5.1.1. Meetings
- 7.2.2.5.1.2. Incentives
- 7.2.2.5.1.3. Conventions
- 7.2.2.5.1.4. Exhibitions
- 7.2.2.6. Rest of Europe
- 7.2.2.6.1. Event Type
- 7.2.2.6.1.1. Meetings
- 7.2.2.6.1.2. Incentives
- 7.2.2.6.1.3. Conventions
- 7.2.2.6.1.4. Exhibitions
- 8. Asia-Pacific MICE Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Event Type (Value)
- 8.2.1.1. Meetings
- 8.2.1.2. Incentives
- 8.2.1.3. Conventions
- 8.2.1.4. Exhibitions
- 8.2.2. By Country (Value)
- 8.2.2.1. China
- 8.2.2.1.1. Event Type
- 8.2.2.1.1.1. Meetings
- 8.2.2.1.1.2. Incentives
- 8.2.2.1.1.3. Conventions
- 8.2.2.1.1.4. Exhibitions
- 8.2.2.2. India
- 8.2.2.2.1. Event Type
- 8.2.2.2.1.1. Meetings
- 8.2.2.2.1.2. Incentives
- 8.2.2.2.1.3. Conventions
- 8.2.2.2.1.4. Exhibitions
- 8.2.2.3. Japan
- 8.2.2.3.1. Event Type
- 8.2.2.3.1.1. Meetings
- 8.2.2.3.1.2. Incentives
- 8.2.2.3.1.3. Conventions
- 8.2.2.3.1.4. Exhibitions
- 8.2.2.4. South Korea
- 8.2.2.4.1. Event Type
- 8.2.2.4.1.1. Meetings
- 8.2.2.4.1.2. Incentives
- 8.2.2.4.1.3. Conventions
- 8.2.2.4.1.4. Exhibitions
- 8.2.2.5. Thailand
- 8.2.2.5.1. Event Type
- 8.2.2.5.1.1. Meetings
- 8.2.2.5.1.2. Incentives
- 8.2.2.5.1.3. Conventions
- 8.2.2.5.1.4. Exhibitions
- 8.2.2.6. Australia
- 8.2.2.6.1. Event Type
- 8.2.2.6.1.1. Meetings
- 8.2.2.6.1.2. Incentives
- 8.2.2.6.1.3. Conventions
- 8.2.2.6.1.4. Exhibitions
- 8.2.2.7. Rest of Asia-Pacific
- 8.2.2.7.1. Event Type
- 8.2.2.7.1.1. Meetings
- 8.2.2.7.1.2. Incentives
- 8.2.2.7.1.3. Conventions
- 8.2.2.7.1.4. Exhibitions
- 9. South America MICE Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Event Type (Value)
- 9.2.1.1. Meetings
- 9.2.1.2. Incentives
- 9.2.1.3. Conventions
- 9.2.1.4. Exhibitions
- 9.2.2. By Country (Value)
- 9.2.2.1. Brazil
- 9.2.2.1.1. Event Type
- 9.2.2.1.1.1. Meetings
- 9.2.2.1.1.2. Incentives
- 9.2.2.1.1.3. Conventions
- 9.2.2.1.1.4. Exhibitions
- 9.2.2.2. Argentina
- 9.2.2.2.1. Event Type
- 9.2.2.2.1.1. Meetings
- 9.2.2.2.1.2. Incentives
- 9.2.2.2.1.3. Conventions
- 9.2.2.2.1.4. Exhibitions
- 9.2.2.3. Rest of South America
- 9.2.2.3.1. Event Type
- 9.2.2.3.1.1. Meetings
- 9.2.2.3.1.2. Incentives
- 9.2.2.3.1.3. Conventions
- 9.2.2.3.1.4. Exhibitions
- 10. Middle East & Africa MICE Market Analysis, Insights and Forecast, 2019-2032
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecast
- 10.2.1. By Event Type (Value)
- 10.2.1.1. Meetings
- 10.2.1.2. Incentives
- 10.2.1.3. Conventions
- 10.2.1.4. Exhibitions
- 10.2.2. By Country (Value)
- 10.2.2.1. UAE
- 10.2.2.1.1. Event Type
- 10.2.2.1.1.1. Meetings
- 10.2.2.1.1.2. Incentives
- 10.2.2.1.1.3. Conventions
- 10.2.2.1.1.4. Exhibitions
- 10.2.2.2. Saudi Africa
- 10.2.2.2.1. Event Type
- 10.2.2.2.1.1. Meetings
- 10.2.2.2.1.2. Incentives
- 10.2.2.2.1.3. Conventions
- 10.2.2.2.1.4. Exhibitions
- 10.2.2.3. Rest of Middle East & Africa
- 10.2.2.3.1. Event Type
- 10.2.2.3.1.1. Meetings
- 10.2.2.3.1.2. Incentives
- 10.2.2.3.1.3. Conventions
- 10.2.2.3.1.4. Exhibitions
- 11. Competitive Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 11.2. Global MICE Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2023
- 12. Company Profiles
- 12.1. ITA Group (U.S.)
- 12.1.1. Overview
- 12.1.2. Description
- 12.1.3. Product Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.2. Flight Centre Travel Group Limited (Australia)
- 12.2.1. Overview
- 12.2.2. Description
- 12.2.3. Product Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.3. Freeman (U.S.)
- 12.3.1. Overview
- 12.3.2. Description
- 12.3.3. Product Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.4. Meetings and Incentives Worldwide, Inc. (U.S.)
- 12.4.1. Overview
- 12.4.2. Description
- 12.4.3. Product Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.5. Conference Care (UK)
- 12.5.1. Overview
- 12.5.2. Description
- 12.5.3. Product Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.6. One10, LLC (U.S.)
- 12.6.1. Overview
- 12.6.2. Description
- 12.6.3. Product Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.7. BCD Meetings & Events (U.S.)
- 12.7.1. Overview
- 12.7.2. Description
- 12.7.3. Product Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.8. Creative Group, Inc. (U.S.)
- 12.8.1. Overview
- 12.8.2. Description
- 12.8.3. Product Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.9. Access (U.S.)
- 12.9.1. Overview
- 12.9.2. Description
- 12.9.3. Product Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.10. CWT Meetings & Events (U.S.)
- 12.10.1. Overview
- 12.10.2. Description
- 12.10.3. Product Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 13. Appendix
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