New York, USA, July 20, 2023 (GLOBE NEWSWIRE) -- According to the research report published by Market Research Future (MRFR), “Super High Frequency Communication Market Information Deployment Mode, By Technology Type, By Frequency Range, By Radome Type And By Region – Market Forecast Till 2032”. The Super High Frequency Communication Market could thrive at a rate of 17.30% between 2023 and 2032. The market size will be reaching around USD 9.2 Billion by the end of the year 2032.
Key Players:
Eminent market players profiled in the global super high frequency communication market report include,
- Astronics Corporation
- Cob ham Limited
- Ray cap
- General Dynamics Corporation
- Hensoldt
- JENOPTIK AG
- L3Harris Technologies Inc.
- Northrop Grumman
- Saint-Gobain
- The NORDAM Group LLC.
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Scope of the Report - Super High Frequency Communication Market:
| Report Metrics | Details |
| Market Size by 2032 | USD 9.2 Billion |
| CAGR during 2023-2032 | 17.30% |
| Base Year | 2022 |
| Forecast | 2023-2032 |
| Key Market Opportunities | Swiftly growing 5G network infrastructure installations globally |
| Key Market Dynamics | Demand for low earth orbit (LEO) satellite constellations and initiatives regarding LEO satellite launches |
Market Segmentation:
The global super high frequency communication market is bifurcated based on technology type, frequency range, and randome type.
- By technology type - Radar will lead the market over the forecast period. The significant sector share can be attributed to the widespread use of SHF communication systems in military, naval, and commercial radar applications. Additionally, radar systems are used in critical military operations such as enemy location monitoring, missile system weapon guidance, target identification, and target detection. The market is growing as a result of the rising usage of radar systems especially in military & defense applications.
- By frequency range - The 10-20 GHz will domineer the market over the forecast period. The high sector market share is due to the wide choice of communication equipment available in the 10 GHz to 20 GHz frequency range. Only a few crucial applications, such as those used by military aircraft, fire control radar, missile tracking radar, aerial weather radar, ground mapping radar, & surface moving target identification, predominantly operate on frequency bands between 10 and 20 GHz.
- By randome type - Sandwich will spearhead the market over the forecast period. The high sector share is primarily attributable to the key goods provided by renowned manufacturers like L3HARRIS, INC., Cobham Limited, Saint-Gobain, and others in the global market. A sandwich radome is frequently used because of its simple construction, great broadband capabilities, & superior strength-to-weight ratio compared to other radome types.
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Market Drivers:
Rising Innovations and Investments in LEO Satellites to Boost Market Growth:
The market is anticipated to increase as a result of rising investments in and technological advancements related to Low Earth Orbit or (LEO) satellites. The change is a result of LEO satellites being used more often for satellite communication purposes including HD video conferencing, uninterrupted important financial transactions, gaming, and remote asset monitoring. A number of major satellite service providers in fact are currently investing sizable sums in the deployment of LEO satellite constellations all over the world because of the aforementioned use cases.
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Opportunities:
Advances in Wireless Technology to offer Robust Opportunities:
Larger frequency bands are needed for the advancement of sophisticated wireless technologies, including 5G and beyond, in order to enable larger data rates & network capacities. High-capacity wireless networks are being investigated for their potential in SHF frequencies, including millimeter waves. The need for SHF communication solution, such as antennas, transceivers, and other supporting infrastructure, is being driven by this.
Restraints and Challenges:
High Material Cost to act as Market Restraint:
The high material costs and complexities related to designing & manufacturing communication systems may act as market restraints over the forecast period.
COVID-19 Analysis:
The global market for ultra high-frequency communication has been adversely affected by the COVID-19 epidemic. The number of COVID-19 instances in important nations including the U.S., China, U.K., Japan, and others increased quickly in Q2 and Q3 of 2020. As a result, the federal governments of these countries briefly implemented lockdowns in a number of important cities and closed the international commerce crossings. Due to this, the supply chain logistics sector was severely affected, and in 2020, total market demand fell. However, the expansion of SHF communication market is anticipated to be boosted by economic incentives along with higher R&D expenditures and rising adoption of cutting-edge technologies like 5G.
Regional Analysis:
North America to Head Super High Frequency Communication Market:
North America has about 45.80% market share in 2022. The rapid increase in military spending in the United States is expected to hasten the adoption of cutting-edge technology across the country, including improvements to military aircraft, SATCOM gear, surveillance systems, & other goods. In the United States, for instance, military spending climbed by 4.4% from 2019 to touch USD 778.0 billion in 2020. In addition, the North American region's super high frequency communication market in the U.S. had the biggest market share, while the market in Canada had the quickest rate of growth. The substantial need for ultra high frequency in the 5G radio antennas, military radars, & LEO satellite antenna systems within the region can be credited with the region's supremacy. Additionally, the continuing deployment of next-generation radar technology by the governments of the United States and Canada is anticipated to fuel the market's expansion.
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APAC to Head Super High Frequency Communication Market:
From 2023 to 2032, the Super High Frequency Communication market in Asia-Pacific is anticipated to develop at the quickest CAGR. The surge is due to the significant expenditures made in installation of SATCOM antennae, radar antennas, and other equipment. In Asian countries, the rollout of 5G mm-Wave and sub-6.0GHz equipment is accelerating. In addition, the Indian market had the quickest rate of growth in the Asia-Pacific region, while China's Super High Frequency Communication market had the greatest market share.
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