According to the new research report on "Defense Integrated Antenna Market Forecast to 2028 - COVID-19 Impact and Global Analysis," published by The Insight Partners, the market is expected to reach US$ 2,018.18 million by 2028 and register a CAGR of 8.2% from 2022 to 2028.
The US has a dominant military sector, which is backed by its strong defense spending. In FY 2019, 2020, and 2021, the country invested approximately US$ 734,344.1 million, US$ 778,397.2 million, and US$ 800,672.2 million, respectively. This robust military budget facilitates the integration of advanced military technologies, including electronic warfare systems, communication systems, jammer systems, countermeasure systems, combat aircraft systems, and ground and naval forces-supported equipment. For instance, Raytheon Technologies was awarded a contract worth US$ 90 million by the US Department of Defense (DoD) in 2021 to supply 23 Submarine High Data Rate (SubHDR) antenna systems. These advancements are driving the growth of the defense integrated antenna market in the region. Furthermore, the presence of several major defense electronics contractors such as Boeing, Northrop Grumman Corporation, General Dynamics Corp., Raytheon Technologies, and Lockheed Martin, is another significant factor propelling the US defense integrated antenna market.
In October 2019, the European Defense Agency (EDA) launched the European military software-defined radio landscape project, aimed at establishing a standard for advanced radio technologies to ensure interoperability among EU forces during joint operations. The project aims to improve voice and data communication between the Armed Forces of Member States, using a range of platforms and systems across the defense integrated antenna market. The ESSOR project, which is part of this initiative, is set to provide a secure military communications system and establish a common security foundation to enhance interoperability between forces.
Europe's defense industry spends a significant amount on research and development (R&D), as reflected in the increase in patent applications. In 2019, government and business spending on R&D was expected to reach US$ 8.15 billion. While the major aerospace companies are concentrated in a few EU member states, including France, Germany, Italy, and Spain, the industry includes a vast supply chain and a network of innovative small and medium-sized businesses, several of which are global leaders in their fields. These R&D efforts in the military domain are ultimately improving the communication systems of military forces and defense integrated antenna systems, driving the growth of the defense integrated antenna market worldwide.
Integrated antennas have diverse applications across the military sector, including small military aircraft, unmanned aerial vehicles (UAVs), navigation and communication systems, surveillance vehicles, warfare systems, and more. In order to meet the growing demand for compact and space-saving antennas, manufacturers are focusing on developing miniature integrated antennas, which is a major driver of growth in the defense integrated antenna market. L3 Harris, for example, offers a miniature multi-band directional antenna that is compact and highly efficient. The miniaturization of electronic components has also contributed to the reduction in antenna size, resulting in reduced fuel and power consumption.
The defense integrated antenna market is segmented based on platform, application, and frequency. The platform segment includes ground, marine, and airborne. The application segment includes navigation, communication, and telemetry. The frequency segment includes HF/VFH/UHF-band, L-band, Ku and Ka band, S-band, and multi-band.
Key Findings of Study:
The defense integrated antenna market analysis suggests that North America will dominate the global market share in 2022. This region is a major supplier of military equipment and technology, with the US being one of the world's largest military spenders, making it a reliable region for military electronic investments. Additionally, countries such as Canada are also investing heavily in defense electronic technologies, leading to a rise in electronic warfare spending across the region. The increasing military expenditure in the US has also resulted in the adoption of new military technologies such as communication systems, ISR systems, navigation systems, etc., which are driving the demand for defense integrated antenna systems. This, in turn, is propelling the growth of the defense integrated antenna market size in North America.
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