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The global antenna, transducer and radome (ATR) market size was USD 11.13 Billion in 2019 and is projected to reach USD 48.57 Billion by 2032, exhibiting a CAGR of 12.0% during the forecast period (2020-2032). North America dominated the ATR market with a market share of 42.05% in 2019.
WE ARE IN THE PROCESS OF REVAMPING Antenna, Transducer and Radome (ATR) Market WITH RESPECT TO RUSSIA-UKRAINE CONFLICT
Request SampleATR is a technology that is formed by coupling three distinct components. Among these components, antenna and transducer are used to transmit and receives radio signals, and convert radio waves into electrical waves and vice versa. The radome is designed in such a way that it could save the antenna from external damages. ATR technology is utilized to provide efficient communication, even in a harsh environment. This technology has been mainly produced to determine the change in the environment and to observe moving objects for various commercial, military, and homeland security applications.
Moreover, ATR is used to monitor targets such as UAVs, ships, submarines, and aircraft coordinating with sonar, radar, and communication technology. Radar technology-based systems can identify, connect, and detect numerous devices and facilitate efficient data sharing. Whereas, the sonar system determines the location of an underwater target by transmitting and receiving a sound wave with the help of the transducer.
Rising military funds, upsurging military modernization programs, and rising international threats owing to conflicts among neighboring countries are some aspects that are boosting the production of the antenna, transducer, and radome market over the forecast period. However, the lack of skilled and experienced labor, high cost associated with ATR development, and its maintenance is expected to hamper the market growth during the projected horizon. On the contrary, the growing up-gradation of underwater vehicles and the replacement of aged submarines are expected to create lucrative opportunities in the near future.
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Growing Acceptance of Plasma Radome to Protect Space Antennas
The requirement for a differently structured radome is increased as it protects against damage. The structure of the radome is varying according to the type of antenna. With radome protection, the antenna and transducer can operate efficiently. Moreover, the rising trend of adopting SATCOM technology increases the demand for space antennas. These antennas are utilized to improve the abilities of military intelligence, surveillance, and reconnaissance (ISR) and communication systems. Thereby, the upgraded radome, such as the plasma radome, is designed to protect space antennas.
Furthermore, in military application, the usage of an advanced radar system is broadened to identify a moving object. Although, the radar system can easily be destroyed by using EMP (electromagnetic pulse) missiles. Therefore, the plasma radome is designed to protect the radar system from EMP weapon attacks.
Rising Demand for ATR with Increasing Terrorist Attacks Globally to Surge Demand
Increasing disputes among neighboring countries and growing terrorist attacks across the globe are increasing the demand for strengthening national security. A growing need to enhance the defense infrastructures and homeland security, the government agencies, thereby, are raising their defense expenditures. Defense procurement for various unmanned defense systems such as UAVs, UGVs, and UUVs that enhance the capabilities of air, ground, and underwater surveillance, situational awareness, and communications system is being sought largely. In developing nations, military modernization programs are upscaling to reinforce defense abilities. Moreover, the demand for a radar system is growing with the rapid adoption of satellite communications technology. This technology is utilized to develop radar satellites that improve military surveillance and communication operations.
Furthermore, efficient long-distance communication can be achieved with ATR technology. This technology enhances the radar antenna capabilities by protecting them in a hazardous environment using plasma radome. The ATR is mostly mounted on aircraft, ships, UAVs, and other ground vehicles. Therefore, the adoption of UAVs for continuous monitoring is gaining impetus to prevent illegitimate emigration. These factors are mainly driving the antenna, transducer and radome market growth during the forecast period.
Growing Air Traffic Management Activities is Boosting the Market Growth
The growing aircraft deliveries and air passenger traffic are driving the demand for air traffic management. From aircraft take-off assisting systems to aircraft landing assisting systems, all are comprised under the air traffic management activity. Therefore, the adoption of ATR in an aerospace and homeland security application is increased to improve air traffic management functionality. It also provides efficient communication between aircraft and ground-based control stations and vice versa. Communication among multiple air vehicles is also possible with ATR technology. This technology is further used to determine environmental changes that can improve aircraft safety and security. Therefore, the growing air-traffic management activity is leading to an increase in demand for this technology that is expected to fuel the market growth during the forecast period.
Lack of Experienced and Skilled Manpower to Hamper the Market Growth
ATR system requires the integration of advanced technology-based components such as antenna or radome that enhances the overall system performance and efficiency. The type of antenna varies according to the application need. Likewise, the structure of radome changes with antenna type. Accordingly, the functionality of ATR is based on the type and technology of an integrated component. Moreover, the maintenance cost of this system is usually high. Therefore, an experienced and skilled workforce is required to operate the multi-featured ATR systems. However, the lack of skilled manpower is expected to hamper the market growth for the short-term. In spite of this, the increasing system operation training facilities by key manufacturers will expect to increase the presence of skilled and experienced manpower in the near future.
Outbreak COVID-19 results in limited availability of ATR components
The outbreak of COVID -19 is expected to hamper this market growth during the projected horizon. Most of the manufacturing plants are shut down owing to the spread of coronavirus across the globe. This disruption results in the limited availability of antenna, transducer and radome. These components are used to manufacture the ATR system. The demand for UAVs is increasing for surveillance applications. However, the manufacturers are unable to produce the systems required for the UAVs. On the contrary, once the lockdown period gets over, the manufacturing facilities are expecting a speedy recovery to meet with increasing UAV market demand.
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Antenna Segment to Generate Highest Share Owing to Wide Range of Commercial and Military Applications
Based on components, this market has been segmented into the antenna, transducer and radome. The antenna segment would witness a high market share owing to its increased adoption in various commercial and military applications. Antennas are used to enhance communication between aircraft and control base station or vice versa. It is also used to communicate with different military vehicles and military jets. The various antenna types, such as GPS antenna, vehicle mount antenna, Omni antenna, loop antenna, beacon antenna, and Loran antenna, among others, are present in the market with a different wavelength. Some antennas can transmit and receives a long-wavelength radio frequency signal that enables long-distance communication.
Moreover, the growing worldwide activities of air traffic management is boosting the demand for aircraft antenna. Also, the easy integration of antenna with systems based on diverse technologies is increasing its demand across the world. These factors are driving the growth of the antenna segment during the forecast period—for instance, Cobham plc. Offer the broad range of antennas types such a spiral, vehicle-mount, Omni, wearable and covert, directional antenna, small antennas with high gain. These antennas are used in various applications such as UAVs, UGVs, ground-to-air communication, electronic warfare and vehicles, and missiles telemetry, among others.
Growing Need to Improve Communication in Harsh Environment Is Fueling the Market Growth
Based on technology, the market has been segmented into radar, communication, and sonar. Among these technologies, the communication segment is expected to grow at the fastest growth rate between 2020 and 2027. This growth is attributed to the increase in demand for enhanced communication in a harsh environment. In the military sector, efficient communication is very important as it may convert a wrong interpretation into a severe accident. Also, to convey the exact message to military personnel present in the war field needed an efficient communication system. Moreover, the moving trend towards the adoption of wireless technology is driving the demand for ATR, which enables wireless communication between electronic devices.
Radar technology dominates the ATR market with a large share during the forecast period. This technology-based system can determine the velocity, range, and angle of the target. Therefore, it is extensively adopted in military applications such as target detection, surveillance, situational awareness, and LOC monitoring, among others.
Increasing Demand for ATR to Enhance the Abilities of Homeland Security Solution
Based on application, the global antenna, transducer and radome market have been bifurcated into commercial defense and homeland security. The commercial segment comprises the use of ATR in several commercial applications such as aviation, weather forecasting, air traffic control, commercial satellite system, and airport safety and security. The defense application segment would display the largest market share in the base year. Rising focus on the development of upgraded surveillance and situation awareness system owing to an increase in international threats are driving the demand for ATR in defense applications. Moreover, the rising defense budgets and military modernization programs are further support to fuel market growth.
The homeland security solution segment would project to grow at the fastest growth rate during the review time. This growth is attributed to the increased focus on strengthening security solutions owing to a rise in criminal activities. The usage of ATR can enhance the abilities of security solutions by providing a wide range of distance communication and environmental changes.
North America Antenna, Transducer and Radome Market Size, 2016-2027 (USD Billion)
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The antenna, transducer and radome market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among these regions, North America is projected to hold the largest market share during the review period. The large defense spending and the presence of many original equipment manufacturers in the U.S. are expected to support market growth. Besides, the growing usage of ATR in the marine, ground, and airborne security applications for target detection is driving the market in North America.
Asia-Pacific is expected to grow at the highest growth rate during the forecast period. This growth is attributed to the increase in demand for advanced surveillance technology, such as ATR owing to increased terrorist activities. Additionally, the growing military modernization program is fueling the market growth in the Asia Pacific region.
In Europe, the market will project moderate growth during the period 2020-2027. The presence of prominent players such as Cobham plc., Thales Group, and BAE Systems, among others, boost the market growth across the region.
Key Players Adopted New Product Development and long-Term Defence Contract to Enhance Their Market Position
The global antenna, transducer and radome market is fragmented with several key players such as Cobham plc., Lockheed Martin Corporation, Thales Group, Exelis Inc., Raytheon Company, and L-3Harris Technologies Inc among others. These players are focusing on entering into a long-term contract with the defense ministry by providing a high-quality product with an aim to achieve future defense contracts. Moreover, the growing investment in research and development activities to develop a cost-effective and innovative product range will drive market growth. Moreover, they are focusing on the strategic acquisition and technological collaboration to expand the offering and strengthen the brand portfolio.
An Infographic Representation of Antenna, Transducer and Radome (ATR) Market
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The report offers qualitative and quantitative insight on the ATR and a detailed analysis of market size & growth rate for the segments in the market.
Along with this, the report provides an elaborative analysis of market dynamics, emerging trends, and the competitive landscape. Key insights offered in the market research report are the adoption of advanced technology, recent industry developments such as partnerships, mergers & acquisitions, consolidated SWOT analysis of key players, Porter’s five forces analysis, business strategies of leading market players, macro and micro-economic indicators, and key industry trends.
SEGMENTATION | DETAILS |
Study Period | 2016-2027 |
Base Year | 2019 |
Forecast Period | 2020-2027 |
Historical Period | 2016-2018 |
Unit | Value (USD Billion) |
By Component |
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By Technology |
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By Application |
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By Region |
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Fortune Business Insights says that the global Market was valued at USD 11.13 Billion in 2019 and is projected to reach USD 16.73 Billion by 2027.
Growing at a CAGR of 10.2 %, theMarket will exhibit steady growth in the forecast period (2020-2027).
Antenna, radar, and military segment dominated the Market with a large share in the year 2019
Rising demand for ATR with an increase in terrorist attacks across the world and growing air traffic management activities are driving the growth of the market during the forecast period.
In 2019, North America held the largest market share in the market. Large defense spending is anticipated to boost the market in North America.
The key players in the market are Cobham plc., Lockheed Martin Corporation, Thales Group, Exelis Inc., Raytheon Company, and L-3Harris Technologies Inc.
The key players involved in the market are mostly focusing on product innovation to broaden a wide range product portfolio, entering into long-term contracts with the government, and military & defense ministry. Also, the players have adopted strategies such as increasing investment in R&D, acquisition, and partnership to enhance and strengthen their market position.
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