North America defense integrated antenna market is expected to grow from US$ 461.89 million in 2022 to US$ 707.29 million by 2028; it is estimated to grow at a CAGR of 7.4% from 2022 to 2028.
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, 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 work 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.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America defense integrated antenna market growth at a notable CAGR during the forecast period.
The North America defense integrated antenna market is segmented into platform, application, frequency, and country. Based on platform, the market is segmented into ground, marine, and airborne. By application, the market is segmented into navigation, communication, and telemetry. In terms of frequency, the market is segmented into HF/VFH/UHF-Band, L-Band, Ku and Ka Band, S-Band, and Multi-Band. From country point of reference, the North America defense integrated antenna market is segmented into the US, Canada, and Mexico.
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 are a few major companies operating in the North America defense integrated antenna market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 461.89 Million |
| Market Size by 2028 | US$ 707.29 Million |
| CAGR (2022 - 2028) | 7.4% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Platform
|
|
Regions and Countries Covered
|
|
| North America | US, Canada, Mexico |
| Market leaders and key company profiles |
|
The North America Defense Integrated Antenna Market is valued at US$ 461.89 Million in 2022, it is projected to reach US$ 707.29 Million by 2028.
As per our report North America Defense Integrated Antenna Market, the market size is valued at US$ 461.89 Million in 2022, projecting it to reach US$ 707.29 Million by 2028. This translates to a CAGR of approximately 7.4% during the forecast period.
The North America Defense Integrated Antenna Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Defense Integrated Antenna Market report:
The North America Defense Integrated Antenna Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Defense Integrated Antenna Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Defense Integrated Antenna Market value chain can benefit from the information contained in a comprehensive market report.
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