PUBLISHER: The Insight Partners | PRODUCT CODE: 1149784
PUBLISHER: The Insight Partners | PRODUCT CODE: 1149784
The South & Central America defense integrated antenna market is expected to grow from US$ 18.62 million in 2022 to US$ 23.52 million by 2028; it is estimated to grow at a CAGR of 4.0% from 2022 to 2028.
One of the main elements adding to the growing demand for defense integrated antenna systems is the rapid shift from traditional warfare to advanced modern warfare systems. Antennas are used in defense applications as part of retrofitting activities. The advanced warfare systems include the utilization of organization-driven warfare systems and electronic warfare frameworks. Advanced warfare systems works on the proficiency of such frameworks by accurately identifying and tracking objects and further developing surveillance capabilities and awareness of the situation. Thus, this change in the outlook from traditional warfare to advanced modern warfare is driving the defense integrated antenna market.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South & Central America defense integrated antenna market growth at a notable CAGR during the forecast period.
South & Central America Defense Integrated Antenna Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Defense Integrated Antenna Market Segmentation
The South & Central America defense integrated antenna market is segmented into platform, application, frequency, and country. Based on platform, the market is segmented into ground, marine, and airborne. By application, the market is segmented into navigation, communication, and telemetry. In terms of frequency, the market is segmented into HF/VFH/UHF-Band, L-Band, Ku and Ka Band, S-Band, and Multi-Band. From country point of reference, the South & Central America defense integrated antenna market is segmented into Brazil and Rest of SAM.
South & Central America Defense Integrated Antenna Market - Companies Mentioned
Raytheon Technologies Corporation; Viasat, Inc.; Lockheed Martin Corporation; Thales Group; Honeywell International Inc.; Rohde & Schwarz; and General Dynamics Corporation are a few major companies operating in the South & Central America defense integrated antenna market.