Steerable Antenna Market Size, Share, Growth, and Industry Analysis, By Type (High Frequency (HF), Very High Frequency (VHF), UItra High Frequency (UHF), Super High Frequency (SHF), Extremely High Frequency (EHF), Multi-band Frequency), By Application (Communication, SATCOM, Navigation, Electronic Warfare), Regional Forecast To 2031

Updated On: 08 April 2024

Steerable Antenna Market Report Overview

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The global steerable antenna market size was USD 5430 million in 2022. As per our research, the market is expected to reach USD 10255 million in 2031, exhibiting a CAGR of 8.1% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with steerable antenna market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over. 

A steerable antenna, also known as a directional antenna or a tracking antenna, is an antenna system capable of adjusting its direction of radiation or reception to point towards a specific target or signal source. Unlike omnidirectional antennas that radiate or receive signals uniformly in all directions, these antennas can be electronically or mechanically controlled to focus their beam in a particular direction.

The steerable antenna market is experiencing steady growth due to the increasing demand for high-performance communication systems in various industries. These antennas find applications in various sectors, including satellite communications, military and defense, aerospace, radar systems, 5G networks, and more.

COVID-19 Impact: Pandemic Hampered the Demand for Market

The pandemic led to widespread supply chain disruptions due to factory closures, transportation restrictions, and shortages of raw materials. These disruptions may have affected the production and availability of steerable antenna components, leading to delays in product launches and increased costs. With economic uncertainties and lockdown measures in place, businesses and industries might have postponed or canceled investments in communication infrastructure. Reduced demand from key sectors such as telecommunications, aerospace, and defense could have impacted the market's growth. While some industries experienced a downturn, others saw increased demand due to the shift to remote work and communication. The need for reliable internet connectivity and better communication solutions might have driven some demand for these antennas in sectors like remote sensing, satellite communication, and online education. Companies may have shifted their focus from long-term development projects to more immediate needs during the pandemic. This change in priorities could have affected the innovation and development of new antenna technologies.

Latest Trends

"Increasing Global Adoption of 5G Technology to Fuel Market Growth"

With the increasing global adoption of 5G technology, there was a growing demand for steering antennas to support the higher frequencies and data rates required by 5G networks. These antennas enable better coverage, capacity, and performance for 5G networks. Beamforming is a key feature of these antennas that allows them to focus their signal in a specific direction, improving the overall efficiency and performance of wireless communication systems. Advancements in beamforming technology were driving the market growth. As the IoT ecosystem expanded, the demand for reliable and efficient communication between connected devices increased. Steerable antennas played a vital role in enabling seamless connectivity and improving data transmission for IoT devices. In the satellite communication sector, these antennas were increasingly being used to maintain communication links with moving satellites, enabling better coverage and data transmission for various applications like broadcasting, remote sensing, and telecommunications.

Steerable Antenna Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into High Frequency (HF), Very High Frequency (VHF), UItra High Frequency (UHF), Super High Frequency (SHF), Extremely High Frequency (EHF), Multi-band Frequency.

• By Application Analysis

Based on application, the market can be divided into Communication, SATCOM, Navigation, Electronic Warfare.

Driving Factors

"Rising Demand for Satellite Communication to Drive Market Growth"

The increasing need for reliable and high-speed satellite communication across various industries such as telecommunications, aerospace, defense, and maritime was a significant driver for the steerable antenna market growth. Steerable antennas offer the advantage of tracking satellites and maintaining a strong connection, which is crucial for data transmission. The evolution of wireless communication technologies, such as Wi-Fi, WiMAX, and LTE, increased the demand for antennas to enhance signal reception and transmission capabilities.

"Growing Development in Defense Sector to Surge Market Growth "

The defense sector heavily utilized antennas for various applications, including communication, radar systems, surveillance, and intelligence gathering. The increasing defense budgets in some regions further boosted the demand. The aerospace sector required reliable and adaptable communication systems, leading to the adoption of steering antennas for satellite communication and air-to-ground communication. The growing number of IoT devices and machine-to-machine (M2M) communication necessitated efficient and flexible antenna systems, making steering antennas an attractive choice. The development of smaller and more compact steering antennas facilitated their integration into various portable and handheld devices.

Restraining Factors

"High Costs to Restrict Market Growth "

Steerable antennas often involve complex and sophisticated technology, which can result in higher manufacturing costs. This may limit their adoption in certain price-sensitive markets or applications. The mechanical and electrical components required to enable antenna steering can add to the size and weight of the antenna system. In certain applications where space and weight constraints are critical, this may be a limiting factor.

Steerable Antenna Market Regional Insights

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"Presence of Key Players in North America Anticipated to Drive Market Expansion "

North America holds leading position in steerable antenna market share. The region, especially the United States, has been a major player in the market due to its strong defense sector, aerospace industry, and the presence of leading companies and research centers that focus on developing advanced antenna technologies.

Key Industry Players

"Adoption Innovative Strategies by Key Players Influencing Market Growth"

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio.

The top key players in the market are Airbus Defence and Space, Cobham, Honeywell Aerospace, Harris Corporation, General Dynamics Mission Systems, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Thales Group, Saab AB, Kratos Defense & Security Solutions, Comtech Telecommunications Corp., Advantech Wireless Technologies Inc., KVH Industries, Inc. The strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over market shares by the key players stimulates market demand.

List of Market Players Profiled

• Airbus Defence and Space
• Cobham
• Honeywell Aerospace
• Harris Corporation
• General Dynamics Mission Systems
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Company
• Thales Group
• Saab AB
• Kratos Defense & Security Solutions
• Comtech Telecommunications Corp.
• Advantech Wireless Technologies Inc.
• KVH Industries, Inc.          

Report Coverage

This report examines an understanding of the steerable antenna market’s size, share, and growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.