An antenna is a device which transmits and receives radio-frequency signals. It converts electrical waves into radio waves and vice versa. Transducers are used for conversion of electric waves into radio waves. The radome is structure which protects antenna or radar system from damages. It also helps in hiding the antenna from the public view. Antenna, transducer, and radome technology has been developed for reliability in radar, sonar and communication systems. It helps in detecting small, non-linearly moving targets for radar and sonar applications. Antenna, transducer and radome are important equipment which enable wireless transmission/communication between two or more devices. Antennas, transducers, and radome are used in airspace, marine, and ground security applications to monitor a wide range of targets such as aircrafts, unmanned aerial vehicles, ships and underwater objects.
Rise in defense budgets is the key growth driver for antenna, transducer and radome market. Replacement and up-gradation of submarines offers new growth opportunities for the players operating in the antenna, transducer and radome market. In addition to this, the increase in manufacturing of aircraft is anticipated to aid the growth of antenna, transducer and radome market in coming years. Aircrafts and submarines use these technologies extensively.
A number of industries have started implementing antenna, transducer and radome systems, thus, driving market growth. The increasing need for better and efficient long distance communication system is helping the market to grow further. Improvements in sonar and sensor technologies used by submarines and aircrafts are accelerating the market for defense transducers. Furthermore, the defense industry is demanding for advanced radar systems. In addition to this, need for a well-equipped weather forecast infrastructure will drive the market significantly in coming years.
In spite of the factors which are propelling the growth of the antenna, transducer and radome market, there are few factors restraining the growth of market such as the cost and high maintenance requirement. Further, it also faces challenges due to problems with operation in underwater environments and complex terrain, and lack of real time testing facility. The market can be categorized into antenna, transducer and radome based on product types. Further, by technology it can be categorized into radar, communication and sonar. In North America, the demand for antenna, transducer and radome systems is expected to be driven by defense applications. Further, in Asia Pacific the demand is anticipated to be driven by growing demand from countries such as South Korea, Japan and India.
The market for antenna, transducer and radome is competitive with key players focusing on partnerships and investing in research and development to enhance their market positioning. Furthermore, the focus of key players is also on vertical integration in order to enhance the features of their other offerings such as aircrafts and submarines. Major players in the antenna, transducer and radome market includes Cobham plc, Lockheed Martin Corporation, L-3 Communications Holdings, Inc, Thales Group, Cobham plc, Exelis and Raytheon Company. The other competitors in the market are Airbus S.A.S., QinetiQ, Finmeccanica SpA, Honeywell International Inc and Ball Aerospace.
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.
The study is a source of reliable data on:
- Key market segments and sub-segments
- Evolving market trends and dynamics
- Changing supply and demand scenarios
- Quantifying market opportunities through market sizing and market forecasting
- Tracking current trends/opportunities/challenges
- Competitive insights
- Opportunity mapping in terms of technological breakthroughs
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market.
TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place. All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.