Report : Asia Pacific Military Antenna Market Forecast to 2030 - Regional Analysis - by Type (Aperture Antennas, Dipole Antennas, Travelling Wave Antennas, Monopole Antennas, Loop Antennas, Array Antennas, and Others), Frequency (High Frequency, Very High Frequency, and Ultra-High Frequency), Platform (Marine, Ground, and Airborne), and Application (Communication, Telemetry, Electronic Warfare, Surveillance, and Navigation)
At 7.0% CAGR, Asia Pacific Military Antenna Market is Speculated to be Worth US$ 1,615.94 Million by 2030, Says Business Market Insights
According to Business Market Insights' research, the Asia Pacific military antenna market was valued at US$ 941.66 million in 2022 and is expected to reach US$ 1,615.94 million by 2030, registering a CAGR of 7.0% from 2022 to 2030. Development of ultra compact antennas for defense communication systems and development of unmanned aerial vehicle (UAV) communication systems are among the critical factors attributed to the Asia Pacific military antenna market expansion.
The ultra-compact antennas are designed and fabricated to operate with the Ka-band high throughput satellites and support a data speed of 2 Mbps for communication device applications. The Ka-band high throughput satellites are being adopted in advanced defense communication and navigation systems. The ultra-compact antennas help integrate high satellites with ground-based communication systems efficiently. There is an increasing use of ultra-compact military antennas for maritime applications. The shipborne antennas are a major component in maritime satellite communication. These antennas are predominantly leveraged for secure communication in military operations that need advanced data exchange capabilities. Ultra-compact military antennas play a critical role in military operations and are utilized in several applications, such as ground-to-ground, ground-to-air, and satellite communications. Thus, the proliferation of ultra-compact antennas for modern defense communication systems is expected to create a lucrative opportunity for the Asia Pacific military antenna market players in the coming years.
On the contrary, threat from jamming technologies hampers the growth Asia Pacific military antenna market.
Based on type, the Asia Pacific military antenna market is segmented into aperture antennas, dipole antennas, travelling wave antennas, monopole antennas, loop antennas, array antennas, and others. The dipole antennas segment held 30.8% share of the Asia Pacific military antenna market in 2022, amassing US$ 290.17 million. It is projected to garner US$ 515.48 million by 2030 to expand at 7.4% CAGR during 2022-2030.
By frequency, the Asia Pacific military antenna market is segmented into high frequency, very high frequency, and ultra-high frequency. The high frequency segment held 55.4% share of the Asia Pacific military antenna market in 2022, amassing US$ 521.81 million. It is projected to garner US$ 898.39 million by 2030 to expand at 7.0% CAGR during 2022-2030.
By platform, the Asia Pacific military antenna market is segmented into marine, ground, and airborne. The ground segment held 50.9% share of the Asia Pacific military antenna market in 2022, amassing US$ 479.68 million. It is projected to garner US$ 849.37 million by 2030 to expand at 7.4% CAGR during 2022-2030.
In terms of application, the Asia Pacific military antenna market is categorized into communication, telemetry, electronic warfare, surveillance, and navigation. The communication segment held 33.7% share of Asia Pacific military antenna market in 2022, amassing US$ 317.48 million. It is projected to garner US$ 554.14 million by 2030 to expand at 7.2% CAGR during 2022-2030.
Based on country, the Asia Pacific military antenna market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China held 32.7% share of Asia Pacific military antenna market in 2022, amassing US$ 307.57 million. It is projected to garner US$ 498.96 million by 2030 to expand at 6.2% CAGR during 2022-2030.
Key players operating in the Asia Pacific military antenna market are BAE Systems Plc, Eylex Pty Ltd, L3Harris Technologies Inc, Lockheed Martin Corp, MTI Wireless Edge Ltd, Raytheon Technologies Corp, Rohde and Schwarz GmbH and Co KG, and Thales SA, among others.
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