Military antennas market is projected to grow from USD 3.9 billion in 2021 to USD 5.2 billion by 2026, at a CAGR of 5.9% during the forecast period. Military antennas refers any device that converts electronic signals to electromagnetic waves (and vice versa) effectively with minimum loss of signals. Military antennas are more ruggedized than regular commercial antennas to withstand harsh conditions. The military antennas market is expected to grow at a significant rate in the coming years, owing to the adoption of various electronic systems for communication, intelligence, surveillance & reconnaissance (ISR), and command and control in the defense industry. These military systems require antennas for transmitting and receiving data. Antennas should be rugged to withstand harsh environmental conditions. Defense modernization programs and increasing procurement of radar and air defense systems are also expected to fuel the growth of the military antennas market.
Major manufacturers in this market are based in North America. L3Harris Technologies (US), Airbus (Netherlands), General Dynamics (US), Maxar Technologies (US), and Honeywell International Inc. (US) are among a few leading players operating in the Military antennas market.
L3Harris Technologies was founded in 1895 and is headquartered in Florida, US. It provides communication and information systems for both government and commercial markets. In May 2015, the company acquired Exelis Inc., a diversified top-tier global aerospace, defense, information, and services company. This acquisition helped the company expand its scale of operations, capabilities, and technology portfolio. The company operates through four business segments: Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aviation Systems. The Space and Airborne Systems segment provides Earth observation antennas, weather antennas, geospatial, space protection, and intelligence solutions for advanced sensors, payloads, ground processing systems, and information analytics. The company serves customers in more than 125 countries worldwide.
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