North America defense antenna market to hit $707 million by 2028
The North America defense integrated antenna market is poised for significant growth, projected to reach $707.29 million by 2028. This expansion, at a CAGR of 7.4%, reflects the increasing demand across various platforms, including ground, marine, and airborne applications.
Key industry players such as Raytheon Technologies and Lockheed Martin are central to this development. Concurrently, the aircraft communication system market is also on an upward trajectory, expected to attain $4.6 billion by 2032. This growth is driven by advancements in technology and an increasing fleet of commercial and military aircraft.
However, incidents such as the Alaska Airlines flight issue have prompted enhanced regulatory scrutiny, impacting production rates. Overall, the fusion of innovative communication technologies is transforming both defense and commercial aviation landscapes.
The press radar on this topic:
Aircraft Communication System Market is Forecasted to Reach US$4.6 Billion in 2032, Says Stratview Research
Aircraft Communication System Market Is Forecasted To Reach US$4.6 Billion In 2032, Says Stratview Research
North America Defense Integrated Antenna Market Recent Trends by Forecast to 2028
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