Antenna, Transducer, And Radome Market Report: Trends, Forecast and Competitive Analysis to 2030
Antenna, Transducer, And Radome Trends and Forecast
The future of the global antenna, transducer, and radome market looks promising with opportunities in the commercial, defense, and homeland security markets. The global antenna, transducer, and radome market is expected to reach an estimated $18.0 billion by 2030 with a CAGR of 10.6% from 2024 to 2030. The major drivers for this market are rising demand for military unmanned aerial vehicles, increased need for satellite communication and monitoring systems as a result of terrorist infiltration efforts globally, and the increased usage of antenna transducers in air traffic control and weather tracking.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Antenna, Transducer, And Radome by Segment
The study includes a forecast for the global antenna, transducer, and radome by component, technology, application, and region.
Antenna, Transducer, And Radome Market by Component [Shipment Analysis by Value from 2018 to 2030]:
- Antenna
- Transducer
- Radome
Antenna, Transducer, And Radome Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
- Radar
- Communication
- Sonar
Antenna, Transducer, And Radome Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Commercial
- Defense
- Homeland Security
- Others
Antenna, Transducer, And Radome Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Antenna, Transducer, And Radome Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies antenna, transducer, and radome companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the antenna, transducer, and radome companies profiled in this report include-
- BAE Systems
- Thales
- Lockheed Martin
- QinetiQ Group
- Honeywell International
- Raytheon Technologies
- Finmeccanica
- L3Harris Technologies
- Exelixis
- Cobham
Antenna, Transducer, And Radome Market Insights
Lucintel forecasts that communication is expected to witness the highest growth over the forecast period due to the growing need for improved communication under challenging circumstances.
North America will remain the largest region over the forecast period due to the presence of multiple significant ATR manufacturers in the region that consistently spend in R&D to create ATR with higher efficiency and reliability.
Features of the Global Antenna, Transducer, And Radome Market
Market Size Estimates: Antenna, transducer, and radome market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Antenna, transducer, and radome market size by component, technology, application, and region in terms of value ($B).
Regional Analysis: Antenna, transducer, and radome market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different component, technology, application, and regions for the antenna, transducer, and radome market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the antenna, transducer, and radome market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the antenna, transducer, and radome market size?
Answer: The global antenna, transducer, and radome market is expected to reach an estimated $18.0 billion by 2030.
Q2. What is the growth forecast for antenna, transducer, and radome market?
Answer: The global antenna, transducer, and radome market is expected to grow with a CAGR of 10.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the antenna, transducer, and radome market?
Answer: The major drivers for this market are rising demand for military unmanned aerial vehicles, increased need for satellite communication and monitoring systems as a result of terrorist infiltration efforts globally, and the increased usage of antenna transducers in air traffic control and weather tracking.
Q4. What are the major segments for antenna, transducer, and radome market?
Answer: The future of the global antenna, transducer, and radome market looks promising with opportunities in the commercial, defense, and homeland security markets.
Q5. Who are the key antenna, transducer, and radome market companies?
Answer: Some of the key antenna, transducer, and radome companies are as follows:
- BAE Systems
- Thales
- Lockheed Martin
- QinetiQ Group
- Honeywell International
- Raytheon Technologies
- Finmeccanica
- L3Harris Technologies
- Exelixis
- Cobham
Q6. Which antenna, transducer, and radome market segment will be the largest in future?
Answer: Lucintel forecasts that communication is expected to witness the highest growth over the forecast period due to the growing need for improved communication under challenging circumstances.
Q7. In antenna, transducer, and radome market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the presence of multiple significant ATR manufacturers in the region that consistently spend in R&D to create ATR with higher efficiency and reliability.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the antenna, transducer, and radome market by component (antenna, transducer, and radome), technology (radar, communication, and sonar), application (commercial, defense, homeland security, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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