Advanced extremely high-frequency systems: Key market research findings
- Increased investments in ISR payload drives market growth
- ISR segment accounts for a majority share of the market’s revenue
- Key vendors – Boeing, Lockheed Martin, Northrop Grumman, Raytheon, and Thales
Technavio’s market research analysts predict the global advanced extremely high-frequency systems market to grow at a CAGR of around 7% between 2016 and 2020. The growth in the market is driven by the increasing investments in intelligence, surveillance, and reconnaissance (ISR) payload. Developed regions such as the Americas and North Atlantic Treaty Organization (NATO) countries are increasing their investments in advanced extremely high frequency (AEHF) ISR payloads in an attempt to enhance their border and maritime security, military intelligence, surveillance, and communication. The first ever contract for the development of AEHF satellites was awarded to Lockheed Martin and Northrop Grumman by the US Air Force in November 2001. This agreement covered the development and launch of three satellites and the construction of a mission control segment.
The new market research report from Technavio presents a breakdown and analysis of the global advanced extremely high-frequency systems market segments based on the type.
“The latest development is this market is the emergence of inflatable satellite communication (SATCOM) antennas. These antennas are lightweight and portable like a small aperture antenna, yet have the transmission power advantages as that of a large antenna. Inflatable SATCOM antennas are deployed in locations where the movement and installation of standard rigid satellite antennas are challenging,” says Abhay Kumar Singh, Lead Analyst, Aerospace & Defense, Technavio Research.
By 2020, the ISR segment is expected to continue its market dominance with a share of almost 35%. ISR activities play a significant role in planning and supporting the AEHF systems that govern military operations, and keeps helps military forces to increase lethality, effectiveness, and coordination. The use of AEHF ISR is limited to urgent requirements only such as maritime and battlefield surveillance and enemy base monitoring owing to its high cost and complexity.
The key vendors in the market include Boeing, Lockheed Martin, Northrop Grumman, Raytheon, and Thales. The market is highly competitive where the vendors compete on the basis of in-house manufacturing capabilities, global footprint network, R&D investments, product offerings, newer technologies, and a strong client base. Factors such as the global economic recovery and the rapid growth of the aerospace and defense sector have opened immense opportunities for the growth of the market vendors. Also, the players are focusing on providing cost-effective and high-quality AEHF satellite systems with latest technology and materials to gain a competitive edge over their peers.
A more detailed analysis is available in the Technavio report, Global Advanced Extremely High-Frequency Systems Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
Other related reports:
