Global Antenna Transducer and Radome Market to 2027: Escalated Demand for Surveillance and Satellite Communication System Drives Growth


Dublin, Nov. 01, 2023 (GLOBE NEWSWIRE) -- The "Antenna Transducer and Radome: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Antenna Transducer and Radome estimated at US$13.7 Billion in the year 2022, is projected to reach a revised size of US$32 Billion by 2030, growing at a CAGR of 11.2% over the analysis period 2022-2030.

Antenna & Transducers, one of the segments analyzed in the report, is projected to record 10.8% CAGR and reach US$21.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Radome segment is readjusted to a revised 12% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.1 Billion, While China is Forecast to Grow at 10.7% CAGR

The Antenna Transducer and Radome market in the U.S. is estimated at US$4.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.6 Billion by the year 2030 trailing a CAGR of 10.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.7% and 9.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR.

Select Competitors (Total 66 Featured) -

  • BAE Systems PLC
  • Cobham PLC
  • Exelixis, Inc.
  • Finmeccanica SpA
  • L-3 Communications Holdings, Inc.
  • Lockheed Martin Corporation
  • QinetiQ Group PLC
  • Raytheon Company
  • Thales S.A.
  • The Boeing Company

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages256
Forecast Period2020 - 2030
Estimated Market Value (USD) in 2020$10.9 Billion
Forecasted Market Value (USD) by 2030$22.8 Billion
Compound Annual Growth Rate11.1%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Antenna Transducer and Radome: Market Snapshots
  • Radar Systems: Leading the Market by Technology
  • Radome: An Insider
  • Antenna: An Overview
  • Aircraft Radome Market: An Insight
  • Antenna Transducer and Radome - Global Key Competitors Percentage Market Share in 2022 (E)
  • Global LVDT Transducers Market: Percentage Breakdown of Volume Sales by Leading Players
  • Global Linear Displacement Transducers Market: Percentage Breakdown of Volume Sales by Leading Players
  • Global Aerospace Radome Market: Percentage Breakdown of Volume Sales by Leading Players
  • Global Nose Radome Market: Percentage Breakdown of Volume Sales by Leading Players
  • Global Aircraft Radome Market: Percentage Breakdown of Volume Sales by Leading Players
  • Global Commercial Radome Market: Percentage Breakdown of Volume Sales by Leading Players
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Escalated Demand for Surveillance and Satellite Communication System Drives the Market
  • Increased Usage of Antenna Transducers in Tracking Weather Changes and Air Traffic Control Sparks Demand
  • High Cost Associated with Maintenance, Production and Installation of the Systems Hinders the Market Growth
  • Highly Experienced/ Skilled Personnel: A Major Challenge
  • Market to Witness Huge Growth with Spike in Defense Expenditures
  • PRODUCT OVERVIEW
  • Antenna Transducer and Radome: An Introduction
  • Applications
  • Global Antenna Transducer and Radome Market: Percentage Breakdown of Sales by Leading Applications
  • Global Antenna Transducer and Radome Market: Percentage Breakdown of Sales by Measurement Type for Years 2018 & 2022

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/5lsxmr

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