Military Antenna Market Size, Share and Forecast, 2024–2032

According to Fortune Business Insights, the global military antenna market size was valued at USD 4.05 billion in 2023 and is 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. North America dominated the market in 2023 with a share of 37.53%, with the U.S. market expected to reach USD 2,152.9 million by 2032, driven by the increasing demand to replace conventional equipment with technologically advanced military communication systems.

An antenna is a device that utilizes a transformer to convert radio frequency (RF) signals into alternating current (AC), playing a critical role in military communication and surveillance systems. The global market is primarily driven by two major factors: rising military expenditures and the growing adoption of multi-function radar systems across defense forces. Fortune Business Insights™ presents this information in its report titled “Global Military Antenna Market, 2024–2032.”

Major Players Profiled in the Market Report:

• Antcom Corporation (U.S.)

• Cobham Advanced Electronic Solutions (U.K.)

• Comrod Communication AS (Norway)

• Eylex Pty Ltd. (Australia)

• Hascall-Denke (U.S.)

• L3Harris Technologies Ltd. (U.S.)

• Lockheed Martin Corporation (U.S.)

• MTI Wireless Edge Ltd. (Israel)

• Raytheon Technologies Corporation (U.S.)

• Rohde & Schwarz GmbH & Co KG (Germany)

• Terma A/S (Denmark)

Source:

https://www.fortunebusinessinsights.com/industry-reports/military-antenna-market-101824

Segments:

Lower Costs and Diverse Military Applications Propel High-Frequency Band-based Systems

Based on frequency, the market is classified into high frequency, ultra high frequency, super high frequency, and extremely high frequency.
In 2022, the high-frequency segment played a significant role in driving the market growth of military antennas. This can be attributed to the relatively lower cost associated with high-frequency band-based systems and their various military applications, including surveillance and combat.

Rising Demand for Remote Sensing and Defense Radar Applications Fuels Array Antenna Segment Growth

Based on type, the market is segmented into slot antennas, dipole antennas, array antennas, traveling wave antennas, and loop antennas.
During the forecast period, the array antenna segment is projected to exhibit a substantial CAGR. This growth can be attributed to the rising demand for remote sensing and defense radar applications, which heavily rely on array antennas.

Airborne Segment Poised for Robust Growth due to Demand for Next-Gen Fighter Aircraft

Based on platform, the market is divided into ground, airborne, and marine. The airborne segment is expected to experience significant growth at a substantial CAGR during the forecast period in military antennas. This growth can be attributed to the rising demand for next-generation fighter aircraft equipped with advanced antenna-based systems, particularly in developed and emerging economies.

Rising Demand for Advanced Radar and Antenna Systems Drives Electronic Warfare Segment

By application, the market is categorized into SATCOM, communications, surveillance, electronic warfare, and telemetry. The electronic warfare segment is expected to exhibit significant CAGR during the forecast period. This growth is primarily driven by the increased demand for advanced military radar and antenna systems.

From the regional ground, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

Report Coverage

This all-encompassing market research report provides an exhaustive evaluation, delving into crucial aspects such as prominent enterprises, diverse product categories, the surveillance electronic warfare sector, and the vital application of antennas in the electronic military surveillance system. Moreover, the report furnishes an insightful depiction of prevailing market trends and illuminates noteworthy advancements within the industry. Furthermore, it meticulously examines multiple factors that have exerted an influence on the military antenna market growth trajectory in recent times.

Drivers and Restraints

Increasing Bandwidth Demand and Technological Advancements Drive Satellite Communication Needs

Satellite communications play a vital role in integrating existing communication and intelligence architectures by leveraging satellite-based systems. With increasing usage demands and rapid technological advancements, there has been a significant surge in the need for bandwidth to meet the growing requirements of communication systems.

However, the R&D, integration, and high maintenance expenses pose obstacles to military antenna market share.

Regional Insights

North America to Lead with U.S. Military Dominance and Increased Defense Budgets

North America dominated the market in 2022. This growth can be attributed to factors such as U.S. military dominance, augmented investment in development and testing activities, and increased budget allocations for defense purposes.

Asia Pacific is projected to experience the highest CAGR driven by the increasing military expenditures by countries such as India and China.

Competitive Landscape

Companies Pursue Technological Innovation and Government Partnerships for Market Success

The military antenna industry is characterized by fragmentation, with numerous companies involved in the design and construction of antennas. These companies strive to develop technologically advanced products and establish robust partnerships with governments in both developed and developing countries.

Key Industry Development

• January 2023 – CAES announced that Northrop Grumman secured a contract worth over USD 24 million to deliver M-Code GPS antennas in support of Precision Guidance Kit (PGK) systems.

• July 2022 – MDA Ltd. received a contract from York Space Systems to develop Ka-Band steerable satellite antennas. The project aims to enhance space security and communications constellations, with completion expected within 24 months.