Global Flat Panel Antenna Market Size Zooming 5.6X to Cross USD 3 Billion by 2029

Published | 03 July 2023

Global flat panel antenna market is flourishing because of growing demand for flat panel antennas in aerospace & defense sector, a spurring demand for satellite communication, and increasing advancements in wireless technology.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global flat panel antenna market size at USD 552.9 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global flat panel antenna market size to expand at a robust CAGR of 28.01% reaching a value of USD 3,091.98 million by 2029. Major growth drivers for the global flat panel antenna market include an increasing demand for electronically steered array flat panel antennas. Global research efforts in space exploration have generated a surge in demand for flat panel antennas worldwide. Also, the growing number of satellites launched worldwide has played a significant role in driving the market's expansion. The market is also benefiting from the rising demand for commercial applications, including passenger vehicles. This increased demand across various sectors contributes to the market's growth potential throughout the forecast period. However, high initial costs compared to traditional antennas and regulatory constraints and spectrum allocation are anticipated to restrain the overall market growth.

Global Flat Panel Antenna Market – Overview

A flat panel antenna is a specific kind of directional antenna that operates by transmitting and receiving radio signals from a single direction. It is well-suited for applications requiring a small and inconspicuous antenna, whether for portable or fixed site use. Within a unified housing, the flat panel antenna integrates a TSAT remote with LNB and BUC, providing a comprehensive terminal solution. While flat panel antennas have traditionally found their usage in naval, military, and commercial aviation radar systems, they are now being adapted for maritime satellite communications. Compared to the larger radome commonly utilized for broadband satellite communication on larger vessels, these antennas are compact and offer a more unobtrusive design. Flat panel antennas also employ electronic satellite tracking, eliminating the need for moving parts that could wear out or fail. They boast easy installation, lightweight construction, and long-lasting durability, ensuring reliable performance over extended periods. Specifically, flat panel antennas have gained popularity for low earth orbiting (LEO) satellites, due to their tracking capabilities, low profile, and simplified installation process.

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Impact of COVID-19 on Global Flat Panel Antenna Market

COVID-19 pandemic had a dual impact on the global flat panel antenna market. On the one hand, the pandemic disrupted the global supply chain, leading to manufacturing and logistical challenges, which have resulted in delays in product deliveries and installations. The economic uncertainty caused by the pandemic has led to reduced investments and spending in various industries, including aerospace, defense, and telecommunications, which are major end-users of flat panel antennas. On the other hand, the increased reliance on remote working, e-learning, and telecommunication services during the pandemic highlighted the importance of robust and reliable communication networks, driving the demand for flat panel antennas in certain sectors.

Global Flat Panel Antenna Market – By Frequency

Based on frequency, the global flat panel antenna market is split into C & X band and Ku K & Ka-band segments. The Ku K & Ka band segment holds a higher share in the global flat panel antenna market. These frequency bands are widely used in satellite communication systems, offering high data rates and efficient transmission capabilities. They are suitable for various applications, such as broadband internet services, video streaming, and voice communication. The increasing demand for connectivity in sectors, such as aerospace, defense, maritime, and commercial industries, has driven the adoption of flat panel antennas operating in Ku K & Ka bands. These antennas provide reliable and high-performance communication links, enabling seamless connectivity in remote and challenging environments. Also, advancements in technology have made Ku K & Ka band flat panel antennas more compact, lightweight, and cost-effective. This has made them more accessible to a broader range of users, contributing to their market dominance.

Competitive Landscape

Major players operating in the global flat panel antenna market include Kymeta Corporation, Phasor Solutions Ltd., Isotropic Systems Ltd, ThinKom Solutions, Inc., Gilat Satellite Networks Ltd, Viasat, Inc., Intellian Technologies, Comtech EF Data Corporation, SatixFy UK Limited, AvL Technologies, Alaris Antennas, TACO Antenna, Starwin Industries, Cobham plc, and Alaris Holdings Limited. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Flat Panel Antenna Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Flat Panel Antenna Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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