Press Release

Military Transmitter & Receiver (T/R) Module Market to expand with Rising Military Budget & Hardware Upgradation

The Global Military Transmitter & Receiver (T/R) Module market is projected to grow at a CAGR of around 6.27% during the forecast period of 2023-28, cites MarkNtel Advisors in the recent research report. Some of the factors attributing to the growth are the rising focus of the militaries on the hardware upgrade of different assets, subsequently promoting the demand for next-generation communication & targeting & tracking devices. These systems actively deploy radio-frequency-based TR modules to transmit & receive signals from a military platform. Some of the recent projects that would be conducive to the growth are:

• In 2022, the US approved the sales of M1A2 Abram tanks to Poland for a total cost of USD3.75 billion. The purchase by Poland is following its plans to fortify its military preparedness against growing military challenges in Europe. The WindGuard (ELM-2133) radars provided by Israel Aerospace Industry (IAI) would be used in the US tanks.
• In 2022, Thales & Weibel Scientific collaboration announced the demand for 12 Ground-based Air Defense (GBAD) offering to Danish Defense Ministry.

Many recent defense purchases have been done in light of the Russia-Ukraine conflict, which has promulgated a large series of new defense deals & investments for strengthening military preparedness across Europe & NATO (North Atlantic Treaty Organization) countries. This would assist the growth of the market, further states the research report, “Global Military Transmitter and Receiver (T/R) Module Market Analysis, 2023.”

Gallium Nitride-based TR Modules Expected to Exhibit Notable Market Growth

Based on the type, the market is bifurcated into Gallium Nitride (GaN) & Gallium Arsenide (GaAs). Of them, Gallium Nitride is projected to show high growth with the increased adoption of next-generation radars for various military applications. GaN is a semiconductor material that provides a higher breakdown of voltage & electron mobility. The greater breakdown of voltage provides increased electric field strength in the device concerning the Gallium Arsenide (GaAs) TR modules. This is one of the key structural differences that has helped the usage of GaN in the AESA radar technology, therefore providing an enhanced targeting mechanism with robust counter-jamming techniques.

North America Followed by Europe & Asia-Pacific Region to Hold Considerable Market Share

Geographically, North America to hold a Considerable Share in the Global Transmitter & Reciever (T/R) Module market during 2023-2028. The substantial military budget allocation of the US combined with the large presence of military equipment manufacturers in the region has helped the region to capture a significant share worldwide. The US Department of Defence received a USD773 billion budget for 2023, with a 4.1% increase from 2022. The growth shows massive allocation to various hardware, including radar & communication systems, for instance, USD11 billion for 61 F35, USD2.8 billion for 24 F-15 EX, USD331 million for THAAD systems, etc., which would be crucial for improving the sales of new AESA radars & hence assisting the market in the forecast years.

Moreover, Europe & Asia-Pacific are some other regions that are expected to show robust growth in the coming years with the rising domestic military manufacturing capability & a surge in defense budgets. China, India, Japan, the UK, Germany, Russia, France, etc., have focused on the budgetary gain for the military with the growing geopolitical tensions in Europe, and the South China sea, which would be instrumental to the upcoming rise in the demand of TR modules to be used in various military hardware in the coming years.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, including (Qorvo, Inc., Kyocera Corporation, Aselsan A.S., NCSIST, Thales, L3Harris Technologies, Israel Aerospace Industry (IAI), Raytheon, Nanjing Guobo Electronics Co., Ltd. , Guangdong Shenglu Telecommunication Tech.co,.Ltd, CAES, Cyient, Mistral Solutions Pvt. Ltd., Aethercomm, and Macom, Infiray are the prominent players in Global Military Transmitter & Receiver (T/R) Module market.) looking forward to strengthening their market position.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends that have shaped the industry to its current form?
3. What key factors would propel and impede the industry across the globe?
4. How has the industry been evolving in terms of geography & product adoption?
5. How has the competition shaped across various countries, followed by their comparative factorial indexing?
6. How have buying behavior, customer inclination, and expectations from product manufacturers evolved during 2018-28?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?