According to the new research report, titled “Defense Drone Antenna Market Forecast to 2027 - COVID-19 Impact and Global Analysis,” published by The Insight Partners, the market is expected to reach US$ 872.38 million by 2027, registering a CAGR of 6.6% during 2020-2027.
Defense Drone Antenna Market in Europe to Grow at Highest CAGR

Europe is anticipated to be the fastest growing region with an impressive CAGR of 7.9% during 2020-2027. Certain countries in the region are focused on developing combat UAVs. This may result in creating pressure on the EU to adopt a common position on armed UAVs. In the next few years, the European military is anticipated to expand its fleet of UAVs, particularly through the EU and NATO cooperative mechanisms. The role of these regional security institutions is expected to become more important with the growing sophistication of UAV technology. There have been new funding opportunities offered by the EU, such as the Eurodrone project. However, it is improbable that EU countries would change the process of acquiring UAVs in the short- to mid-term. Moreover, Germany, France, and Spain are collaborating on a new generation combat UAV.

Certain countries in the region are focused on developing combat UAVs. This may result in creating pressure on the EU to adopt a common position on armed UAVs. In the coming years, the European military is anticipated to expand its fleet of UAVs, particularly through the EU and NATO cooperative mechanisms. The role of these regional security institutions is expected to become more important with the growing sophistication of UAV technology.

The French government announced to sign the joint European military drone project after the decision of strong price negotiations with manufacturers by 2020. Additionally, the country has started deploying armed UAVs in its defense force in 2019. Also, it is a part of programs such as nEUROn, Système de Combat Aérien du Futur (SCAF), and Future Combat Air System (FCAS) that aim to develop combat drones in the near future.

Key Findings of Study:
The defense forces across the globe are increasingly emphasizing the usage of drones for various purposes in order to omit the human casualties. Pertaining to rise in usage of drones, the industry has been witnessing a rise in number of UAV manufacturers offering their products to the defense forces in the developed countries as well as developing countries. The escalation in defense drone manufacturers has led to a rise in demand for drone components, including antennas. The bargaining power of drone manufacturers when procuring drone antennas is moderate in the current scenario. This is due to the fact that the defense drone manufacturers rely heavily on the brand image and technologies of the antenna manufacturers. Since the well-established defense drone antenna market players are limited, the drone manufacturers procure antennas from the market players offering technologically enhanced antennas at a competitive price. The bargaining power of drone manufacturers is expected to rise in the coming years attributing to the fact that the number of players in the defense drone antenna market is foreseen to rise over the years, thereby allowing the drone manufacturers to switch antenna contractors.
UAV technologies are witnessing tremendous technological advancements in terms of miniaturization, antenna design, cameras, and navigation technology. The continuous enhancements in drone antenna technology are anticipated to boost the defense drone antenna market. The US Air Force (USAF), a forerunner in drone R&D, has designed a small, lightweight, plate-shaped multi-beam antenna capable of high-speed scanning. The newly designed antennae offer low power and low profile multi-beam 360° coverage as well as high directive excitation. These antenna characteristics enhance their capability to be mounted on any small UAV platforms. The USAF is one of the largest adopters of small and large UAVs, and the US has a significantly large number of defense drone antenna market players; therefore, the development and commercialization of the 360° multibeam antennas creates substantial opportunities for the defense drone antenna market players to expand their clientele and presence in this region.

Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@reportsweb.com