The Future Outlook of Military Transmit and Receive Modules Market (2023 2028)

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The Future Outlook of Military Transmit and
Receive Module Market (2023-2028)
This report analyzes Military transmit and
receive module market from 2023 to 2028. It
discusses various industry and technology trends
currently prevailing in the military transmit and
receive module market, along with the factors
that drive, restrain, and challenge market growth
globally. The Military transmit and receive
module market is projected to grow from USD 5.8
billion in 2023 to USD 7.7 billion by
a CAGR
2028, at 5.8.
Factors such as
development of new transmit
and receive
module
technologies and increase in
demand for advanced electronic
warfare and
communications systems amid rising
geopolitical tensions will drive market
growth. Key Market Players The Military
transmit and receive module companies is
dominated by a few globally established players
such as Northrop Grumman (US), Thales (France),
L3Harris Technologies, Inc. (US), RTX (US), and
CAES System LLC (US). Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNe
w.asp?id245076574 Based on type, the market is
segmented into gallium nitride, gallium arsenide,
and others. The gallium nitride segment is
estimated to account for the largest share of 48
of the military transmit and receive module
market in 2023. The growth of the segment is
propelled by research and development in gallium
nitride semiconductor to increase power output of
the transmit and receive module. Based on
applications, the market is segmented into
radars, communication, electronic warfare, and
space. The radar application is estimated to
account for the largest share of 58 of the
military transmit and receive module market in
2023. This huge market share of radar
application is attributed to the huge radar
modernization contracts. These military radars
are integrated into various platforms, including
ground-based installations, naval vessels,
aircraft, and satellites, enabling comprehensive
situational awareness. Based on single band, the
market is further segmented into HF/VHF/UHF (gt1
GHz), L (1-2 GHz), S (1-2 GHz), C (1-2 GHz), X
(1-2 GHz), and Ku/K/Ka (1-2 GHz). The X (1-2 GHz)
single band segment is estimated to account for
the largest share of 38 of the total single band
segment in the military transmit and receive
module market
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in 2023. This is due to the use of these modules
in the radars used in locating rockets,
artillery, mortars and missiles making it
effective to use in air and missile defense
radar. Based on region, the military transmit
and receive module market is segmented into North
America, Europe, Asia Pacific, Middle East, and
the Rest of the World. North America is estimated
to be the largest market for military T/R
modules, with a share of 36 in 2023, and is
projected to register a CAGR of 5.6 during the
forecast period. The military transmit and
receive module market is witnessing substantial
growth, driven by technological advancements,
increased defense modernization initiatives,
international deals, and investments from private
entities. Speak to Analyst _at_ https//www.marketsa
ndmarkets.com/speaktoanalystNew.asp?id245076574
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