Antenna, Transducer and Radome Market - Trends Forecast Till 2028

Market Overview

The global Antenna, Transducer and Radome Market size is projected to grow at a CAGR of 13.8% from 2021-2028.

Antenna transducers are those devices used to convert the radio frequency fields into alternating currents and vice versa. It consists of multiple components such as receiving antenna, transmitting antenna and a transducer. The radio frequency field is generated by the transmitting antenna that is transferred to the receiving antenna which converts these RF into AC with the help of a transducer.

The growing trend of automation in flight control and increase in defence expenditure and R&D activities to develop ATR, capable of withstanding harsh conditions and providing long-range capabilities at low power consumption are some of the factors that have supported long-term expansion for Antenna, Transducer and Radome Market.

The rapid spread of COVID-19 has led to a significant drop in demand for ATR globally, with a corresponding reduction in revenues for various payload suppliers, service providers across all markets owing to late delivery, manufacturing shutdown, the limited staff at manufacturing facilities, and limited availability of equipment.

Regional Analysis

North America leads the ATR market due to the presence of several large ATR manufacturers in the region.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Cobham plc
• L-3communications holdings
• Exelis Inc
• Lockheed Martin Corporation
• Raytheon Company
• Thales SA
• BAE Systems
• QinetiQ
• Airbus
• Boeing
• Finmeccania
• Honeywell International Inc.

Recent Developments

• In October 2020, Cobham plc, a unit of Cobham Advanced Electronic Solutions, has been awarded a contract worth USD 50 million from Lockheed Martin to provide antenna array panel assemblies to the US Navy’s SEWIP Block 2, which will improve the AN/SLQ-32 passive electronic support capability.
• In October 2020, Rohde & Schwarz signed a contract with Spanish shipbuilder Navantia to equip the Spanish Navy’s five new F-110 frigates with external communications systems, which consist of R&S M3SR software-defined radios (R&S Series4100 HF and R&S Series4400 VHF/UHF) and includes engineering services and Integrated Logistics Support (ILS). This contract will enable the company to attract new customers and increase its revenue generation.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Antenna, Transducer and Radome Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope