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Technavio: Military Submarine Mast & Antenna Market to Grow at Nearly 6% CAGR Through 2021

Technavio: Military Submarine Mast & Antenna Market to Grow at Nearly 6% CAGR Through 2021 - top government contractors - best government contracting event
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Technavio: Military Submarine Mast & Antenna Market to Grow at Nearly 6% CAGR Through 2021 - top government contractors - best government contracting eventA Technavio report forecasts the compound annual growth rate for the global military submarine photonics mast and antenna market will reach nearly 6 percent by 2021 due to a demand for multifunctional antennas and submarine modernization efforts in the defense sector.

The research company said Thursday the cost of modular optronics mast, use of short wave infrared technology and emergence of non-hull penetrating masts are the key factors that will drive market growth during the forecast period.

Moutushi Saha, a lead defense research analyst at Technavio, said an “affordable modular panoramic photonics mast” is designed to offer a 360-degree panoramic search coverage for submarines through multiple visible and IR sensors.

Vendors featured in the report include L3 TechnologiesLockheed Martin, Raytheon and Safran.

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Written by Nichols Martin

a staff writer at Executive Mosaic, produces articles on the federal government's technology and business interests. The coverage of these articles include government contracting, cybersecurity, information technology, health care and national security.

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