Military Antenna Market Size, Share, Growth Analysis, By Frequency(High Frequency, Ultra-High Frequency), By Type(Aperture Antenna, Dipole Antenna), By Platform(Ground, Airborne) - Industry Forecast 2024-2031

Military Antenna Market size was valued at USD 3900 million in 2019 and is poised to grow from USD 4130.1 million in 2023 to USD 6918.7 million by 2031, growing at a CAGR of 5.9% in the forecast period (2024-2031).

The military antennas business is exclusively based on contracts. For the provision of certain antennas, manufacturers are negotiating long-term contracts with public and private entities. Additionally, they are concentrating on forging long-term contracts with end users for the supply of military antennas. From a competitive standpoint, the military antennas market has recently seen major advances. Some of the primary favoured methods used by prominent players to enter and remain in the military antennas market include product developments, mergers, and acquisitions. Hascall-Denke, Harris, Cobham, Rohde & Schwarz, Mobile Mark, Inc., Antenna Products, MTI Wireless Edge, Alaris Holdings Limited, AvL Technologies Inc., Comrod Communication AS, Eylex Pty Ltd, Antcom Corporation, Southwest Antennas and Amphenol Corporation, among others are notable companies covered in the military antennas industry. 'Raytheon Technologies Corporation', 'Harris Corporation', 'Cobham plc', 'Lockheed Martin Corporation', 'BAE Systems plc', 'Northrop Grumman Corporation', 'Thales Group', 'General Dynamics Corporation', 'L3 Technologies Inc.', 'Saab AB', 'Rohde & Schwarz GmbH & Co KG', 'Israel Aerospace Industries Ltd.', 'ASELSAN A.S.', 'Rave Gears LLC', 'Terma A/S', 'Communications & Power Industries LLC', 'Mercury Systems Inc.', 'Hascall-Denke', 'Southwest Antennas', 'Antenna Products Corporation'

Rising Demand for Advanced Satellite Communication Equipment

In order to adapt its reception pattern and radiation to shifting signal conditions, a smart antenna system integrates several antennas with signal processing algorithms. Switching beam and adaptive array antennas are two different kinds of antennas. Smart antennas enhance the accuracy of wireless communication by minimising errors and managing incoming signals. Furthermore, it increases operational effectiveness by enabling military personnel to modify data signals in accordance with their requirements. Due to the demand for rapid and high-frequency wavelengths, as well as better field monitoring capabilities and communication systems, the market is expected to be impacted positively.

The military antenna market will be dominated by the North America region during the forecast period followed by Asia Pacific and Europe. The U.S.'s military superiority, increased spending on research and development, and increased budgetary allocations are all contributing factors to the region's progress. The United States is one of the big five spenders in defence. The growing tensions between nations especially after the Ukraine- Russia conflict has compelled nations to increase defence budget, adopt cutting-edge technologies in military, increase military equipment and ammunition and research and development activities. Following that, the US has been actively increasing its military power. For example, he Aegis Ballistic Missile Defense (BMD) system was tested against an intercontinental ballistic missile target in November 2020 by the US Missile Defense Agency (MDA) and US Navy. In May 2019, the U.S. Ministry of Defense (MoD) also requested an additional USD 100 million for the fiscal year 2020 to fund the creation of a sophisticated missile defence system.