Global Antenna, Transducer, and Radome (ATR) Market – Industry Trends and Forecast to 2029

Global Antenna, Transducer, and Radome (ATR) Market, By Product Type (Antenna, Transducers, Radome), Platform (Airborne, Ground, Naval), End User (Commercial, Defense), Frequency (HF/VHF/UHF-band, L-band, S-band, C-band, X-band, Ku-band, Ka-band, Multi-band), Application (Communication, Navigation and Surveillance, Technology, Communication, Radar, Sonar) - Industry Trends and Forecast to 2029

Market Analysis and Size

Antenna, transducer and radome have become one of the imp important equipment that allows wireless transmission/communication between two or more devices. These equipment are utilized in marine, airspace, and ground security applications for monitoring a wide range of targets.

Global Antenna, Transducer, and Radome (ATR) Market was valued at USD 9.1 billion in 2021 and is expected to reach USD 26.06 billion by 2029, registering a CAGR of 12.40% during the forecast period of 2022-2029. Antenna accounts for the largest component segment in the respective market owing to the increase in the popularity of the product. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

Antenna transducers refer to the devices that are utilized for converting the radio frequency fields into AC and vice versa. Antenna transducer consist of three components including a transducer, a transmitting antenna and receiving antenna.

Report Scope and Market Segmentation

Antenna, Transducer, and Radome (ATR) Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Increased Vehicle Production

The increase in the demand for high performance and reliability of automobiles among consumers acts as one of the major factor driving the growth of antenna, transducer, and radome (ATR) market. The rise in demand for these enhanced vehicles escalate vehicle production.

• Change in Consumer Preferences

The change in the buying preferences of consumers accelerate the market growth. An automotive smart antenna is known to be an integral part of passenger vehicles that offer various comfort features to consumers.

• Increase in Safety Standards

The increase in the vehicle production integrated with an increasing number of safety standards further influence the market. The surge in the integration of smartphones and internet connectivity in vehicles have a positive impact on the antenna, transducer, and radome (ATR) market.

Additionally, expansion of the automotive sector, surge in investments and increased disposable income extends profitable opportunities to the market players in the forecast period of 2022 to 2029.

Opportunities

Furthermore, rise in popularity of eVTOL aircraft extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, composites developed to improve radome properties will further escalate the growth of antenna, transducer, and radome (ATR) market.

Restraints/Challenges faced by the Antenna, Transducer, and Radome (ATR) Market

On the other hand, high manufacturing cost and designing constraints, and long duration of product certification are expected to obstruct market growth. Also, issues with maintenance of radomes, and declined demand for maintenance, repair, and overhaul (MRO) due to COVID-19 outbreak are projected to challenge the antenna, transducer, and radome (ATR) market in the forecast period of 2022-2029.

This antenna, transducer, and radome (ATR) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the antenna, transducer, and radome (ATR) market contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.

COVID-19 had a Major Impact on Antenna, Transducer, and Radome (ATR) Market

The COVID-19 had a negative impact on the antenna, transducer, and radome (ATR) market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand for antenna, transducer, and radome (ATR). The supply chain got hampered during the pandemic along with delay logistics activities. However, the antenna, transducer, and radome (ATR) is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.

Global Antenna, Transducer, and Radome (ATR) Market Scope

The antenna, transducer, and radome (ATR) market is segmented on the basis of product type, platform, end user, frequency and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Antenna
• Transducers
• Radome

Platform

• Airborne
• Ground
• Naval

End User

• Commercial
• Defense

Frequency

• HF/VHF/UHF-band
• L-band
• S-band
• C-band
• X-band
• Ku-band
• Ka-band
• Multi-band

Application

• Communication
• Navigation and Surveillance

Technology

• Communication
• Radar
• Sonar

Antenna, Transducer, and Radome (ATR) Market Regional Analysis/Insights

The antenna, transducer, and radome (ATR) market is analyzed and market size insights and trends are provided by country, product type, platform, end user, frequency and application.

The countries covered in the antenna, transducer, and radome (ATR) market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Asia-Pacific (APAC) dominates the antenna, transducer, and radome (ATR) market because of the increase in government spending and modernization of military within the region.

Europe is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increased production of compact and efficient devices in the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Antenna, Transducer, and Radome (ATR) Market Share Analysis

The antenna, transducer, and radome (ATR) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to antenna, transducer, and radome (ATR) market.

Some of the major players operating in the antenna, transducer, and radome (ATR) market are

• Honeywell International Inc. (US)

• Astronics Corporation. (US)
• BAE Systems. (UK)
• The Boeing Company (US)
• Jenoptik AG (Germany)
• DSM (Netherlands)
• L3Harris Technologies, Inc. (US)
• Cobham Limited (UK)
• Raytheon Technologies Corporation (US)
• Lockheed Martin Corporation. (US)
• General Dynamics Corporation (US)
• Northrop Grumman. (US)
• Saint-Gobain designs (France)
• The NORDAM Group LLC (US)
• CPI International Inc. (US)
• HR Smith Group of Companies (UK)
• Antcom (US)
• Thales Group (France)
• Rohde & Schwarz (Germany)
• FLIR Systems (US)
• KONGSBERG (Norway)