Military Antenna market   Size, 2020 Industry Share and Global
Demand | 2027 Forecast by Fortune Business Insights™

 The global military antenna market size is
projected to reach USD 5.78 billion by the end of 2027. The rising military
budget allocations will create several growth opportunities for the companies
operating in the market. According to a report published by Fortune Business
Insights, titled “Military Antenna Market Size, Share & Industry Analysis, By Frequency
(High, Ultra-High, Super High, and Extremely High Frequency), By Type (Dipole,
Aperture, Travelling Wave, Loop, and Array Antenna), By Platform (Airborne,
Marine, and Ground), By Application (Communication, Surveillance, SATCOM,
Electronic Warfare, and Telemetry), and Regional Forecast, 2020-2027,” the market was worth USD  4.89 billion in
2019 and will exhibit a CAGR of 8.61% during the forecast period, 2020-2027.

Coronavirus Outbreak has Compelled
Several Countries to Prioritize Healthcare Budgets over Defense

The recent coronavirus outbreak has created
a sense of panic across the world. Due to the rapid spread of the disease,
governments across several countries have decided to allocate more budgets to
the healthcare sector than the defense sector. The constant research and
development activities to minimize the spread of the disease as well as
development efficient treatment options, has influenced this decision. As a
result, the reductions in budget allocations for military and defense
applications will have an adverse effect on the growth of the military antenna
market in the coming years.

Military antennas are used in several
communication applications in the military and defense sector. A military
antenna system is used to convert radio frequency waves into alternating
current and vice versa for receiving and transmission process. The massive
investments in the development and deployment of efficient military antennas
are consequential to the degree of sensitivity and risks involved with the
communication in this sector. Accounting to this, the military organizations of
several countries across the world are looking to collaborate with
tech-companies. It is observed that company mergers and collaborations are an
increasing trend among major companies across the world. The increasing number
of company collaborations will subsequently affect the growth of the overall
market in the coming years. Additionally, the rising awareness regarding the
importance of integrating high-quality products and devices in military
applications will bode well for market growth.

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Increasing Number of Company Mergers
and Acquisitions will Aid Growth

The report encompasses several factors
that have contributed to the growth of the market in recent years. Among all
factors, the increasing number of company mergers and acquisitions has made the
highest impact on the growth of the overall market in recent years. Accounting
to the massive investments in technological intervention by several companies,
defense organizations are looking to collaborate with these tech companies. In
May 2020, Raytheon Technologies announced that it has bagged a contract from
the US Navy for development and assembly of planar antennas. Through this
contract, the company will assemble planar array antennas as well as develop
spare parts for the same. The company will also provide assistance for
engineering related issues; a factor that will come under the repair and
maintenance part. This collaboration will not just help the company generate
huge revenue, but will also have a direct impact on the growth of the global
market.

North America Likely to Emerge
Dominant; Increasing Defense Expenditure will Provide Impetus to Market Growth

The report analyses the latest market
trends across five major regions, including North America, Latin America,
Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the
market in North America is projected to emerge dominant in the coming years.
The rising defense budget allocations, especially in the United States, have
made a positive impact on the growth of the regional market. Additionally, the
presence of several large scale tech-companies involved in manufacturing of
military antennas will constitute an increase in the overall market size. As of
2019, the market in North America was worth USD 1.84 billion and this value
will rise considerably in the coming years. The market in Asia Pacific will
derive growth from the rising defense spending by leading countries such as
India and China.

List of companies profiled in the
report:

• Antcom Corporation (California, the U.S.)


• Cobham PLC (Wimborne Minster, The U.K)


• Comrod Communication AS (Stavanger, Norway)


• Eylex Pty Ltd. (New South Wales, Australia)


• Hascall-Denke (Florida, The U.S.)


• L3Harris Technologies Ltd. (Florida, The U.S.)


• Lockheed Martin Corporation (Maryland, The U.S.)


• MTI Wireless Edge Ltd. (Israel)


• Raytheon Technologies (Connecticut, The U.S.)


• Rohde & Schwarz GmbH & Co KG (Munich, Germany)


• Terma A/S (Aarhus Municipality, Denmark)


• Other Players

This Report Answers the Following
Questions:

• What are the plastic compounding market trends?


• How many growth drivers and barriers will the market possess?


• Which organizations are set to remain on top in the market?


• What are the strategies adopted by industry giants to strengthen
  their position?


• Which segment is set to dominate the market during the forthcoming
  years?

To get the short-term and long-term
impact of COVID-19 on this Market, Visit: https://www.fortunebusinessinsights.com/industry-reports/military-antenna-market-101824

Military Antenna Market report Focus
on:

• Extensive product offerings


• Customer research services


• Robust research methodology


• Comprehensive reports


• Latest technological developments


• Value chain analysis


• Potential Market opportunities


• Growth dynamics


• Quality assurance


• Post-sales support


• Regular report updates

 Reasons to Purchase this
Report:

• Comprehensive analysis of the market growth drivers, obstacles,
  opportunities, and other related challenges.


• Tracks the developments, such as new product launches, agreements,
  mergers and acquisitions, geographical expansions, and joint ventures.


• Identifies market restraints and boosters.


• Identifies all the possible segments present in the market to aid
  organizations in strategic business planning.    

Key Questions Answered:

• Why Choose Fortune Business Insights?


• What are the key demands and trends shaping the market?


• What are the key opportunities in the market?


• What are the key companies operating in the market?


• Which company accounted for the highest market share?


• What is the market size and growth rate of the global and regional
  market by various segments?


• What is the market size and growth rate of the market for selective
  countries?


• Which region or sub-segment is expected to drive the market in the
  forecast period?


• What Factors are estimated to drive and restrain the market growth

Industry Developments:

May 2020 –Isotropic Systems announced that it has
bagged a contract for evaluation & development of antenna by the U.S.
Defense Innovation Unit. Through this contract, the company will focus on the
delivery of low-profile, affordable, high performance, and customizable antenna
to support multiple links over multiple bands of satellite capacity, including
S, C, Ka, Ku, X, and Q-band connectivity.

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empower our clients with holistic market intelligence, giving a granular
overview of the market they are operating in. 

Our reports contain a unique mix of
tangible insights and qualitative analysis to help companies achieve sustainable
growth. Our team of experienced analysts and consultants use industry-leading
research tools and techniques to compile comprehensive market studies,
interspersed with relevant data.  

At Fortune Business Insights™, we aim
at highlighting the most lucrative growth opportunities for our clients. We
therefore offer recommendations, making it easier for them to navigate through
technological and market-related changes. Our consulting services are designed
to help organizations identify hidden opportunities and understand prevailing
competitive challenges.

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate
data, helping organizations of all sizes make timely decisions. We tailor
innovative solutions for our clients, assisting them to address challenges
distinct to their businesses. Our goal is to empower our clients with holistic
market intelligence, giving a granular overview of the market they are
operating in.

Our reports contain a unique mix of
tangible insights and qualitative analysis to help companies achieve
sustainable growth. Our team of experienced analysts and consultants use
industry-leading research tools and techniques to compile comprehensive market
studies, interspersed with relevant data. 

At Fortune Business Insights™, we aim
at highlighting the most lucrative growth opportunities for our clients. We,
therefore, offer recommendations, making it easier for them to navigate through
technological and market-related changes. Our consulting services are designed
to help organizations identify hidden opportunities and understand prevailing
competitive challenges.

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