
Published On: Nov 2022
Published On: Nov 2022
At 7.4% CAGR, the North America Defense Integrated Antenna Market is projected to be worth US$ 707.29 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the North America defense integrated antenna market was valued at US$ 461.89 million in 2022 and is expected to reach US$ 707.29 million by 2028, registering an annual growth rate of 7.4% from 2022 to 2028. Shift from traditional warfare systems to advanced warfare systems and rise in focus of vendors on developing miniaturized antenna-based systems are the critical factors attributed to the market expansion
One of the main elements adding to the growing demand for defense integrated antenna systems is the rapid shift from traditional warfare to advanced modern warfare systems. Due to the steady developments of network-related technologies, the typical traditional warfare systems are replaced with advanced modern warfare systems. Antennas are used in defense applications as part of retrofitting activities. For instance, in March 2022, the US Navy selected BAE System’s six OE-120B electronically steerable antenna groups for its AN/UPX-29(V) identification-friend-or-foe (IFF) interrogator system. This IFF system is used to identify aircraft and friendly ships in crowded areas. Moreover, nations are diversifying their military expenditure from investing in defense applications to embracing more up-to-date approaches to obtain and incorporate fundamental data related to the front line for better coordination. For instance, in 2020, the US invested around US$ 778,397 million in military expenditure, which increased to around US$ 800,672 million in 2021. Such investments are boosting the procurement of advanced warfare technologies across the US military forces. Moreover, in November 2021, Leidos Special Mission Aircraft announced to feature ThinAir Ka2517 phased array antenna developed by ThinKom Solutions Inc. The advanced warfare systems include the utilization of organization-driven warfare systems and electronic warfare frameworks. Advanced warfare systems works on the proficiency of such frameworks by accurately identifying and tracking objects and further developing surveillance capabilities and awareness of the situation. Thus, this change in the outlook from traditional warfare to advanced modern warfare is driving the defense integrated antenna market.
On the contrary, complex design of integrated antenna systems hampers market North America defense integrated antenna market.
Key players dominating the North America defense integrated antenna market are Terma A/S; Raytheon Technologies Corporation; Viasat, Inc.; Lockheed Martin Corporation; L3Harris Technologies, Inc.; Thales Group; Honeywell International Inc.; Rohde & Schwarz and General Dynamics Corporation.
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