Antenna, Transducer and Radome Market by Product, Application & Geography by 2014 to 2020

According to a new market research report of "Antenna, Transducer and Radome Market, by Product [Radar, Sonar and Communication], by Application [Airborne, Naval and Land-based Systems], by Geography [Asia-Pacific, Europe, Middle East, North America and South America] - Global Forecasts & Analysis to 2014 - 2020", the market is estimated to be $17.7 billion in 2014 and is expected to register a CAGR of 6.27% to reach $25.5 Billion by 2020.

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The main purpose of the antenna, transducer, and radome is to detect early-warning devices, they help to spot approaching enemy airborne systems or missiles at great distances by transmitting and receiving signals, to protect radars, and for underwater screening. In case of an attack, early detection of the enemy is critical for successful defense against an attack. Typical antenna, transducer, and radome systems can perform tasks like surveillance, long range early warning, and underwater signal transmission; integrated in different platforms in combat warfare.

Antenna, transducer, and radome systems will be on high priority in the near future because of increasing military tension in regions like the Middle East and Asia-Pacific, and the growing commercial aircraft market. The antenna, transducer and radome systems have evolved rapidly while there will be developments in technology in the future, which will create new and better opportunities in the market.

According to Market Research, Aerospace and Defense business unit at MarketsandMarkets, “With respect to products, radar systems account for 35%, sonar 25%, and communication systems 40% of the antenna, transducer, and radome market. Airborne systems have the highest CAGR across all platforms.”

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The report also gives detailed information about technology trends in the market. This highlights the developments in antenna, radome, and transducer systems and also underlines which technology will dominate the entire market in the forecasted period.

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