Military Antenna Market Research Report with latest Industry Updates
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 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.
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.
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
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