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Home » Press Releases » Global Flat Panel Antenna Market worth $3101.58 Bn by 2030

Global Flat Panel Antenna Market worth $3101.58 Bn by 2030


Published Date: Mar-2022 | Report Format:Electronic (PDF)

The report" Flat Panel Antenna" Market by Type (Mechanically steered, and Electronically steered), By Frequency (Ku, K, and Ka-band, and C and X band), By End-User (Telecommunications, Military, Aviation, Commercial, and Others), - Global Forecast to 2030. "The Global Flat Panel Antenna Market share was USD 371.67 million. It is predicted to reach USD 3101.58 million by 2030, representing a CAGR of 29.13 percent throughout the forecasted period of 2020-2030. Some of the most notable drivers of the market worldwide are the rising prevalence in the usage of low-cost antennas, the growth of innovative antenna systems, and a continuous increase in the growth of various commercial & autonomous automobiles used for military operations across the world.

To know more about the report, Click on the link https://www.strategicmarketresearch.com/market-report/flat-panel-antenna-market

 

By Type, the 'Electronically steered' segment held the maximum share in 2020

Based on Type, the Flat Panel Antenna industry worldwide has been broadly bifurcated into Mechanically steered and Electronically steered. The "Electronically steered" segment comprehensively held the highest share of nearly 60.31 % of the entire market in 2020. This is because of its lower cost & higher acceptance rate in the market. Electrically steered flat panel antenna is expected to gain a boost owing to its lower price, compact size, & significant adoption in the land mobile, enterprise, maritime, and aviation industries.

 

By Frequency, the 'C and X band' segment held the largest share of the market in 2020

Based on Frequency, the Global Flat Panel Antenna industry has been fragmented into Ku, K, and Ka-band, & C and X band. The "C and X band" segment comprehensively dominated the market in 2020 with a share of approximately 72.13% and is likely to continue its domination over the forecasted period. This is because of the rise in investments in real estate companies across the globe to launch the new residential projects.

 

By End-User, the 'Commercial' segment held the maximum percentage of share in the market in 2020

Based on End-User, the Global Flat Panel Antenna industry has been broadly segregated into Telecommunications, Military, Aviation, Commercial, and Others. The 'Commercial' segment held the maximum share of around 36.13 % in 2020. The commercial segment caters to a variety of applications, especially boating and passenger vehicles, commercial shipping, superyachts, and other applications. The flat panel antennas that are used for those kinds of applications are smaller, cost-effective, & much more discreet as compared to the larger ones that are generally used on the bigger-sized vessels for the purpose of broadband satellite communications. All of these pivotal factors are fuelling the overall growth of the market.

 

Based on Region, The Asia-Pacific region comprehensively dominated the market with the highest CAGR during the forecasted period. The Asia Pacific region is the major market for the commercial & consumer segments because of its ever-growing population. Key countries in the APAC region include China, Japan, India, and South Korea.

 

Some of the key vendors in the Global Flat Panel Antenna Market include ThinKom Solutions, Hanwha Phasor, TTI Norte, OneWeb, Kymeta Corporation, L3Harria Technologies, RadioWaves, SatPro Tech, NXT Communications, Ball Aerospace, ALCAN Systems, MTI Wireless Edge, China Starwin, ST Engineering, Inmarsat, Gilat Satellite Networks, C-COM Satellites, and Cobham Aerospace Communications.

 

Recent Developments: -

  • On November 15th, 2021, ThinKom Solutions successfully delivered its newly launched ThinAir Ka2517 Phased-Array Antenna System to Leidos for installation purposes regarding its new high-accuracy electronic intelligence aircraft for the army of the USA. This ThinKom Ka2517 low-profile Ka-band aero flat panel antenna satellite system, coupled along with the U.S. military-compliant modem, would provide much reliable, real-time, and resilient broadband transmissions to and from the aircraft, which would prove to be a remarkable technological growth in the future.
  • On September 1st, 2021, Kymeta Corporation introduced the Kymeta u8 MIL Hybrid Terminal to supply the military users with a much more flexible connectivity solution for networks-on-the-move (NOTM) & communications-on-the-move (COTM). This brand-new terminal got added to the continuously growing number of solutions offered by Kymeta based on the Innovative U8 Antenna technological background.
  • On August 12th, 2021, Hanwha Systems invested an amount of approximately USD 300Mn in OneWeb, which is an LEO satellite communications-based organization. Hanwha Systems launched their highly advanced defense capabilities, including some of the latest antenna technologies to OneWeb, to build a lost, lasting relationship with the new government customers across the world.

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