Antenna Transducer and Radome Market

Market Overview

The global antenna transducer and radome market size was valued at USD 10.98 billion in 2021 and is projected to reach USD 30.13 billion by 2030, registering a CAGR of 11.87% from 2022 to 2030. An antenna transducer is a device used to convert radio frequency into alternating currents. System components include a receiving antenna, a sending antenna, and a transducer. Antennas often operate in outer space or the air; however, they can also be used in water, on rocks, or the ground at a particular frequency. Communication, navigation, and surveillance applications extensively use the antenna, transducer, and radome. The market for antennas, transducers, and radomes is expanding rapidly due to the rising demand for UAVs for commercial applications and aerospace modernization initiatives. However, the market for antennas, transducers, and radomes may be hampered by high maintenance costs and design limitations associated with radomes. The antennas, transducers, and radomes market is anticipated to expand as governments worldwide increase their defence spending to purchase advanced drones.

The causes responsible for expanding the global market include the rising demand for satellite communication and surveillance systems due to global terrorist infiltration. Integration of diverse technologies inside joint ventures is a crucial element driving the global market expansion. In addition, increased use of antenna transducers in air traffic control and monitoring of weather change is anticipated to boost market growth throughout the forecast period. However, the global antenna transducer and radome market are hindered by high maintenance costs, production and installation of the system, and a shortage of qualified staff. Radiofrequency fields are converted to alternating currents and vice versa via antenna transducers. It consists of numerous parts, including a receiving antenna, a sending antenna, and a transducer. The transmitting antenna generates the radio frequency field, which is then transported to the receiving antenna, which converts these RF into AC via a transducer.

Market Dynamics

Global Antenna Transducer and Radome Market Drivers

Demand for highly sophisticated ATR aircraft for the next generation

Focusing on boosting operational efficiency, decreasing carbon footprint, reducing operational expenses, and upgrading avionics, cabin interiors, and aircraft systems, manufacturers in the business jets industry are upgrading avionics, cabin interiors, and aircraft systems. This has shown in the evolution of the latest aeroplanes. Embraer, for instance, introduced the Praetor 500, the Praetor 600, and the Legacy 650E; Bombardier, the Global 5500 and Global 6500; Cessna, the Citation Longitude; Honda, the Honda Jet Elite; and Daher, the TBM 910 and TBM 940. These new-generation aircraft offer greater efficiency, range, and performance, resulting in a rise in aircraft replacements and first-time customers. With the emergence of sophisticated avionics, interiors, more dependable communication options, and more economical engines, the demand for these aircraft has skyrocketed. In the coming years, the demand for technologically superior antennas will increase due to the manufacture of these aircraft.

Demand for satellite surveillance and communication systems

Because terrorists are becoming more active worldwide, there has been an increased need for satellite communication and surveillance systems. This is one of the driving points accountable for expanding the global market. The combination of various technological approaches within the context of joint ventures is one of the most important elements driving the global market expansion. Additionally, increased utilization of antenna transducers in air traffic control and monitoring of climatic shifts is anticipated to be a driving force behind the market expansion throughout the estimated period. On the other hand, the global market for antenna transducers and radomes is being held back by challenges such as high maintenance costs, difficulties in manufacturing and setting up the system, and a shortage of qualified employees.

Global Antenna Transducer and Radome Market Restraints

An extended period of product certification

Before releasing a new product, ATR manufacturers must get product certification. Multiple tests and iterations are required for manufacturers to obtain the maximum level of safety, resulting in lengthy approval periods, which cause production delays and financial losses. According to crucial respondents, acquiring product approval from the Federal Aviation Administration (FAA), which offers certification in North America, can take up to three years. These delays in certification by regulatory agencies may hinder the expansion of the ATR market.

Global Antenna Transducer and Radome Market Opportunities

New materials designed to enhance radome performance

India, China, and Russia have created sophisticated missiles that are tough to intercept. India and Russia are developing the hypersonic Brahmos missile, which can easily penetrate missile defence barriers. The performance capabilities of these missiles render the conventional radome design insufficient, necessitating the use of materials with a high melting temperature and enhanced tensile strength. Raytheon's Rayceram 8, Loral's Nitroxyceram, Boeing's Aeronutronic Reaction-Bonded Silicon Nitride (RBSN), GTE, Norton, and Ceradyne's hot-pressed Silicon Nitride (HPSN) are all composites that enhance the overall qualities of radomes. The enhanced properties of radomes have increased their use in various applications, creating profitable growth prospects for radome manufacturers. Similarly, glass fibre composites are favoured over conventional materials for developing radomes. These moldable composites provide a cost-effective method for fabricating radomes and antenna substrates. The use of glass fibre composites contributes to the mass production of radomes by contributing to the development of lightweight radome components with various reasonably inexpensive designs. Glass fibres increase the dielectric constant of composites, allowing antennae size reduction when these composites are utilized as antenna substrates.

Regional Analysis

Regarding geography, the global antenna transducers and radomes market may be broken down as follows: North America, Europe, Asia-Pacific (all countries except Japan), Japan, the Middle East, and Africa.

Because of the large budgets available in various parts of the United States, the market in North America has a significant value advantage over the rest of the world. It is anticipated that markets in Asia-Pacific will expand at a considerable compound annual growth rate for the projection period due to increased government spending. The critical factor that promotes market expansion in this region is the modernization of the military. The antenna transducer and radome markets offer a good chance for essential European players since Europe is a thriving market for these markets.

Additionally, the particular market affecting variables and changes in market regulation that will affect the present and future trends of the market are detailed in the study section dedicated to each country. Some data facts used to predict the market scenario for different countries include examining the upstream and downstream value chain, technical trends, porter's five forces analysis, and case studies. When providing a forecast analysis of country data, other factors that are taken into consideration include the presence and availability of global brands as well as the challenges those brands face as a result of extensive or scarce competition from local and domestic brands, as well as the impact of domestic tariffs and trade routes.

Segmental Analysis

This market has been split by-products into the antenna, transducer, and radome categories. The antennas category will have a significant market share due to their rising use in commercial and military applications. Antennas improve communication between an aircraft and its control base station, or vice versa. It is also used to communicate with various military aircraft and vehicles. Various antenna types, including GPS antennas, vehicle-mounted antennas, Omni antennas, loop antennas, beacon antennas, and Loran antennas, are available on the market with varying wavelengths. Some antennas can broadcast and receive radio frequency signals with long wavelengths, enabling long-distance communication. In addition, the expanding global operations of air traffic management are increasing the demand for aircraft antennas. In addition, the antenna's simple integration with systems based on various technologies is expanding its global demand. These reasons are driving the growth of the antenna market over the forecast period, using Cobham plc as an example. Offer various antenna types, including spiral, vehicle-mount, Omni, wearable and covert, directional, and tiny antennas with high gain. These antennas are utilized in numerous applications, including unmanned aerial vehicle systems, uncrewed ground vehicles, ground-to-air communication, electronic warfare and vehicles, and missile telemetry.

Technology has categorized the market into radar, communication, and sonar. Between 2022 and 2030, the communication sector is anticipated to experience the highest growth rate among these technologies. This expansion can be ascribed to the rising demand for improved communication in hostile environments. In the military industry, effective communication is crucial because a misunderstanding can result in a catastrophic tragedy. In addition, an effective communication system was required to relay the precise message to military forces on the battleground. ATR, which permits wireless communication between electronic devices, is also in high demand because of the increasing deployment of wireless technology. During the projection period, radar technology holds a substantial proportion of the ATR market. This technological system can determine the target's velocity, range, and angle. Consequently, it is widely utilized in various military applications, including target detection, surveillance, situational awareness, and LOC monitoring.

The global antenna, transducer, and radome market are segmented into commercial defence and homeland security. Commercial applications include aviation, weather forecasting, air traffic control, commercial satellite system, and airport safety and security. The defence application category would hold the most significant market share in the base year. The need for ATR in defence applications is driven by a growing emphasis on developing enhanced surveillance and situational awareness systems in response to a rise in international threats. In addition, increased defence spending and military modernization plans contribute to market expansion. The market category for homeland security solutions is anticipated to experience the highest growth rate throughout the period under review. This expansion is attributable to a greater emphasis on enhancing security solutions in response to a spike in criminal activity. ATR can expand security solutions' capabilities by delivering various communication at a distance and environmental changes.

Recent Developments

• In February 2022, Cobham plc, Electrical and Electronic equipment sold.
• In June 2022, L3Harris Infrared Space Technology to Enhance Battlefield Imagery and Missile Defense Detection.
• In June 2022, United States Army and Sikorsky Strengthen Army Aviation Fleet With 10th H-60 Black Hawk Helicopter Contract.
• In July 2022, Raytheon Company, Hypersonics: Developing and defending against missiles far faster than sound.