The Antenna, Transducer, and Radome Market is projected to reach USD 31.35 billion by 2032, growing at a CAGR of 11.14%. Increased defense spending and global military modernization programs are driving market expansion, with leading players including Lockheed Martin and Raytheon Technologies. North America dominated the market in 2024, while Asia Pacific is expected to show the highest CAGR from 2025-2032.
Key industry segments include materials, types, applications, and frequencies. The metal segment held the largest market share in 2024, while high band frequencies generated the most revenue. The aerospace and defense segment accounted for the largest market share in 2024, with satellite communications expected to grow at a CAGR of 12.30% from 2024-2032.
Recent news includes Raytheon’s launch of GaN-on-SiC phased-array antennas for military SATCOM, and L3Harris’ partnership to introduce the ThinAir GT 2517 phased-array antenna for BLOS airborne connectivity. The Antenna, Transducer, and Radome Market Report offers exclusive sections on technology performance metrics, production statistics, material trends, cost efficiency, and compliance statistics.
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Read more at GlobeNewswire: Antenna, Transducer and Radome Market Size to Hit USD 31.35
