India and Global Military Antenna Market Key Companies and SWOT Analysis by 2030

India and Global Military Antenna Market Size and Forecasts (2020 - 2030), Share, Trends, and Growth Opportunity Analysis - Report Coverage: By Type (Aperture Antennas, Dipole Antennas, Travelling Wave Antennas, Monopole Antennas, Loop Antennas, Array Antennas, Others); Frequency (High Frequency, Very High Frequency, Ultra-High Frequency); Platform (Marine, Ground, Airborne); Application (Communication, Telemetry, Electronic Warfare, Surveillance, Navigation);

  • Report Date : Nov 2023
  • Report Code : TIPRE00038199
  • Category : Aerospace and Defense
  • Status : Published
  • Available Report Formats : pdf-format excel-format

Analyst Perspective:

In terms of value, the military antenna market in India was valued at US$ XX million in 2022 and is projected to reach US$ XX million by 2030; it is expected to grow at a CAGR of 9.7% during the forecast period.

India holds one of the prominent positions in the military antenna market in Asia Pacific. In 2020, India had a military expenditure of US$ 72,937.1 million, and it increased to US$ 76,598.0 million in 2021. In 2022, the military expenditure was US$ 81,363.2 million. The growing budget for defense expenditure indicates the country's focus and emphasis on advancing the defense sector to meet the growing need for security. The defense expenditure covers sections such as operation and maintenance, procurement, research and development, and testing and evaluation. In 2023, India accounted 2,110 units of military aircraft fleets. In 2023, The Indian Air Force announced its plan to procure 100 Made in India LCA Mark1A fighter jets to replace the MiG-21 fighter jets. In 2023, India deployed MiG-29 fighter aircraft in Srinagar and replaced the MiG-21 fighter jets. The Indian Airforce is increasingly focusing on procuring the latest advanced technology battel aircraft and jets to replace the old and obsolete aircraft, as there were many instances of delays and failure owing to their deteriorating operating condition.

The growing number of military aircraft is having a positive impact on the market for military antennas as it has potential applications in advanced aircraft for facilitating better communication, surveillance, and navigation. In addition, India accounted for 102 units of naval vessels as of 2023, and it has eight units of naval vessels ordered in the commissioned phase. Predominantly, corvettes and submarines are dominating in terms of the number of military units in India. Military antennas are majorly leveraged in navy ships to collect data across a large scale of frequencies. These antennas can evaluate radiation patterns and support proficient communication.

Furthermore, the growing focus on satellite communication by using high-end antennas is boosting the market for military antennas in India. For instance, in 2023, The Indian Air Force's Maintenance Command developed a satellite-driven real-time aircraft tracking system that can get information about the location of an aircraft. In 2023, the Defense Ministry of India signed a deal of US$ 360 million (Rs. 3,000 crores) with Isro's New Space India Ltd. for a five-ton satellite for the land army force to enhance and augment its communication network and security in the border areas. Thus, the growing

advancement in airborne, ground-based, and naval-based defense platforms for boosting communication, security, and surveillance operations is fueling the military antenna market in India.




Market Segmentation - Military Antenna Market

SEGMENT NAME

TYPE

TypeAperture Antennas, Dipole Antennas, Travelling Wave Antennas, Monopole Antennas, Loop Antennas, Array Antennas, Others
FrequencyHigh Frequency, Very High Frequency, Ultra High Frequency
PlatformGround, Airborne, Marine
ApplicationCommunication, Telemetry, Electronic Warfare, Surveillance, Navigation


Military Antenna Market

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Key Player Analysis - Military Antenna Market

  1. Thales SA
  2. Comrod Communication AS
  3. Eylex Pty Ltd
  4. L3Harris Technologies Inc
  5. Hascall-Denke Corp
  6. Lockheed Martin Corp
  7. MTI Wireless Edge Ltd
  8. Raytheon Technologies Corp
  9. Rohde & Schwarz GmbH & Co KG
  10. BAE Systems Plc

are the key Military Antenna Market players profiled in the report.

The List of Companies - Military Antenna Market

  1. Thales SA
  2. Comrod Communication AS
  3. Eylex Pty Ltd
  4. L3Harris Technologies Inc
  5. Hascall-Denke Corp
  6. Lockheed Martin Corp
  7. MTI Wireless Edge Ltd
  8. Raytheon Technologies Corp
  9. Rohde & Schwarz GmbH & Co KG
  10. BAE Systems Plc

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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