Antenna, Transducer and Radome Market worth $16.0 billion by 2025 - PowerPoint PPT Presentation

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Antenna, Transducer and Radome Market worth $16.0 billion by 2025


The global ATR market size is projected to grow from USD 9.1 billion in 2020 to USD 16.0 billion by 2025, at a CAGR of 11.9% from 2020 to 2025. – PowerPoint PPT presentation

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Title: Antenna, Transducer and Radome Market worth $16.0 billion by 2025

The report on the ATR market provides a detailed
trend analysis from 2016 to 2025. It discusses
industry and technology trends currently
prevailing in the market, along with drivers,
restraints, challenges, and opportunities that
influence the growth of the market. The global
ATR market size is projected to grow from USD
9.1 billion in 2020 to USD 16.0 billion by
2025, at a CAGR of 11.9 from 2020 to 2025. The
growth of the market can be attributed to the
growing trend of automation in flight control
and increase in defense expenditure and
RD activities to develop ATR, capable of
withstanding harsh conditions and providing
long-range capabilities at low power
consumption. Download PDF Brochure
_at_ https//
.asp?id58948192 Based on the end user, defense
capture highest market share and is projected to
dominate the ATR market during the forecast
period. Factors such as increasing threats from
terrorism and unconventional warfare worldwide
have led to an increase in the demand for new
advanced radar and transducers in the defense
sector. Based on frequency band, the ATR market
is segmented into HF/UHF/VHF-band, L-band,
S-band, C-band, X-band, Ku-band, multi-band, and
Ka-band. These bands were arbitrarily code-named
with letters for defense security during World
War II. They were later adopted by the Institute
of Electrical and Electronics Engineers s(IEEE)
in the US and the International Telecommunication
Union (ITU) worldwide. North America is estimated
to hold the largest share of the global antenna,
transducer, and radome market in 2020, followed
by Europe, Asia Pacific, the Middle East
Africa, and Latin America. The growth of the
North American ATR market can be attributed to
the increase in fleet size and modernization
programs related to defense transducers. In the
Asia Pacific region, countries such as China,
Japan, India, and Australia, have been
considered for market analysis due to strong air
traffic and increased military expenditure. Major
factors expected to drive the market in Asia
Pacific include high GDP, increased regional
tensions, and a rise in demand for commercial
airliners. Key Market Players Key manufacturers
of ATR are based in North America. These players
include Lockheed Martin Corporation (US),
Raytheon Technologies Corporation (US),
Honeywell International Inc. (US), and L3Harris
Technologies, Inc. (US). These
companies have reliable manufacturing facilities
as well as strong distribution networks across
key regions, such as North America, Europe, and
Asia Pacific. Ask for Sample Report
_at_ https//
ew.asp?id58948192 About MarketsandMarkets Mark
etsandMarkets provides quantified B2B research
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markets. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
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