Flat Panel Antenna Market worth $1,440 million by 2027 - Exclusive Report by MarketsandMarkets™

Logo PR Newswire
PR Newswire

CHICAGO, March 10, 2024 /PRNewswire/ -- According to the new research report, the "Flat Panel Antenna Market with Covid–19 Impact by Type (Electronically Steered, Mechanically Steered), Frequency (C and X, Ku, K, Ka), End–Use Application (Aviation, Telecommunications, Military) and Region - Global Forecast to 2027", published by MarketsandMarkets™, the Flat Panel Antenna Market is estimated to be valued at USD 408 million in 2022 and reach USD 1,440 million by 2027; it is expected to grow at a CAGR of 28.7% during the forecast period (2022–2027)

MnM logo

Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107890586

Growing investments in space exploration and satellite launches, rising demand for electronically steered antennas worldwide, rising demand for innovative and compact antenna systems, and growing adoption of low-cost, low-profile antennas in various commercial and military applications will drive the demand for this market in the near future. The deployment of low earth orbit (LEO) satellites and constellations of satellites for communication applications has increased their demand across the globe. Other factors driving the market growth include growing demand for Ku- and Ka-band satellites, and the growing fleet of autonomous and connected vehicles used for various applications in the military and commercial sectors, which require customized flat panel antennas.

Electronically Steered type is expected to witness the highest market share and growth rate during the forecast period

Based on different types, the market has been segmented into two categories: electronically steered and mechanically steered. Electronically steered antenna is the leading type in the flat panel antenna market in terms of CAGR and market size. This is mainly because of its low cost and high market acceptance. Electrically steered flat panel antenna is expected to gain traction due to compact size, low cost, and significant adoption in enterprise, maritime, land mobile and aviation industries. AlCAN Systems (Canada), C-COM Satellite Systems Inc (Canada), Hanwha Phasor (UK), and ThinKom Solutions (US) are some of the players providing electronically steered FPA systems.

Commercial application is expected to have the largest market share during the forecast period

The commercial application is expected to grow at the highest CAGR in the flat panel antenna market. The commercial segment cater to a variety of applications, especially commercial shipping, boating, super yachts, passenger vehicles and other applications. The flat panel antennas used for such applications are smaller and more discreet than the large radomes generally used on bigger vessels for broadband satellite communication. These flat panel antennas include ESA OR phased array antennas which track satellites electronically while the units themselves are stationary, so there are no moving parts to wear out and potentially fail. Thus, rising demand for such antennas in different commercial applications is driving the growth of flat panel antenna market.

Browse in-depth TOC on "Flat Panel Antenna Market"

153 – Tables
46 – Figures
220 – Pages

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=107890586

Asia Pacific is the leading flat panel antenna market in terms of CAGR globally.

APAC is expected to contribute to the highest CAGR during the forecast period in the flat panel antenna market. APAC is the major market for consumer and commercial segment due to its growing population. Key countries in APAC include China, Japan, India, and South Korea. Rapid developments related to flat panel antenna in telecommunication applications also provide growth opportunities for the market in APAC as trend for 5G in APAC is growing at a fast pace. Other factors contributing to the rising demand for flat panel antennas in APAC include technological advancements in antenna technology, increased awareness of the benefits of using flat panel antennas among the masses, and the cost-effectiveness of these antennas. Electronically steered flat panel antenna type is famous and reliable way initiate satellite communications and retrieve data and information in telecommunications and commercial sectors in Asia and other continents.

In 2021, the flat panel antenna market is dominated by players such as Kymeta Corporation (US), ThinKom Solutions(US), Hanwha Phasor (England), TTI Norte (Spain), and L3Harria Technologies (US).

Related Reports:

Embedded Antenna Systems Market with COVID-19 Impact Analysis, by Antenna Type (Chip, Patch, PCB Trace and FPC), Connectivity (Wi-Fi/Bluetooth, GNSS/GPS, Cellular, LPWAN, and UWB), End User, and Geography - Global Forecast to 2027

Distributed Antenna System (DAS) Market with COVID-19 Impact Analysis, By offering, Coverage, Ownership Model, Vertical, User Facility Area, Frequency Protocol, Network Type, Signal Source and Region - Global Forecast to 2027

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/flat-panel-antenna-market.asp
Visit Our Web Site: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/flat-panel-antenna.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

Logo PR Newswire
DUBLIN, March 25, 2024 /PRNewswire/ -- The "Flat Panel Antenna Market with Covid-19 Impact by Type (Electronically Steered, Mechanically Steered), Frequency...

Logo Benzinga
DUBLIN, March 25, 2024 /PRNewswire/ --The Flat Panel Antenna Market with Covid-19 Impact by Type (Electronically Steered, Mechanically Steered), Frequency (C...

Logo Benzinga
Dublin, March 28, 2024 (GLOBE NEWSWIRE) -- The Flat Panel Antenna Market with Covid-19 Impact by Type (Electronically Steered, Mechanically Steered),...

Logo Benzinga
The Flat Panel Antenna Market with Covid-19 Impact by Type (Electronically Steered, Mechanically Steered), Frequency (C and X, Ku, K, Ka), End-Use...

Logo PR Newswire
CHICAGO, April 13, 2024 /PRNewswire/ -- According to the new research report, the "Defense Integrated Antenna Market by Type (Aperture Antenna, Wire Antenna,...

Logo Benzinga
CHICAGO, April 13, 2024 /PRNewswire/ -- According to the new research report, the Defense Integrated Antenna Market by Type (Aperture Antenna, Wire Antenna,...

Logo Benzinga
[TODAY IS YOUR LUCKY DAY] Get 50% OFF and get 2 bear market beating options trade straight to your inbox and SMS every month! Click Here Now to Get Started!...

Logo PR Newswire
CHICAGO, April 13, 2024 /PRNewswire/ -- According to the new research report, the "5G in Defense Market by Communication Infrastructure (Small Cell, Macro...

Logo PR Newswire
CHICAGO, April 4, 2024 /PRNewswire/ -- According to the new research report, the "Military Simulation and Training Market by Application (Army, Aviation,...

Logo PR Newswire
CHICAGO, April 7, 2024 /PRNewswire/ -- According to the new market research report " Battery Coating Market by Battery Component (Electrode Coating,...

Logo PR Newswire
CHICAGO, April 8, 2024 /PRNewswire/ -- According to the new research report, the "Humanoid Robot Market by Component (Hardware (Sensors, Actuator, Power...

Logo PR Newswire
CHICAGO, April 1, 2024 /PRNewswire/ -- According to the report " Process Oil Market by Type (Aromatic, Paraffinic, Naphthenic, Non-carcinogenic), Function...

Logo PR Newswire
CHICAGO, March 23, 2024 /PRNewswire/ -- According to the new research report, the "Integrated Microwave Assembly Market with COVID-19 Impact Analysis, by...

Logo PR Newswire
CHICAGO, April 1, 2024 /PRNewswire/ -- According to the new market research report " Power Rental Market by Fuel Type (Diesel, Natural Gas), Equipment...

Logo PR Newswire
CHICAGO, March 17, 2024 /PRNewswire/ -- According to the new research report, the "Structured cabling Market with COVID-19 Impact Analysis, by Solution Type,...

Logo Benzinga
New York, March 30, 2024 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report Satellite Antenna Market Research Report by Antenna, by...

Logo Benzinga
CHICAGO, March 23, 2024 /PRNewswire/ -- According to the new research report, the Integrated Microwave Assembly Market with COVID-19 Impact Analysis, by...

Logo PR Newswire
CHICAGO, April 11, 2024 /PRNewswire/ -- According to the new research report, the "Ammunition Market by Application (Defense, Civil & Commercial),...

Logo PR Newswire
CHICAGO, March 29, 2024 /PRNewswire/ -- According to the new market research report " Lawn Mower Market by Type (Walk-Behind, Riding & Robotic), End Use...

Logo PR Newswire
CHICAGO, March 23, 2024 /PRNewswire/ -- According to the new research report, the "Satellite Cables and Assemblies Market by Satellite Type (Small, Medium,...