Highfrequency technology is used in cases where secure communication is needed along with reliability. Extremely high frequency technology is used in cases where data transmission is carried securely irrespective of the geographical distance. Data can be transmitted via any medium and over any platform. It is also used for navigation purpose in which the data transmitted is received and navigated. U.S. and European regions have been using the technology for over a decade and are largest contributors to the growth of global Extremely High Frequency Technology market.
The
technology has been beneficial in providing real-time data to infantry troops
and possible threats within the geographical boundaries. As a result of
tactical advantages governments are now considering the significance sought by
deploying extremely high frequency technologies by investing in them.
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Technically,
in comparison to lower bands, radio waves in this band have a high atmospheric
attenuation and are absorbed by gases in the outer surroundings. Hence, they
possess a shorter range and can be particularly used to communicate in terrestrial
environment for about a kilometer. Scientific research, telecommunications,
weapon, security screening, thickness gauging, police speed radar are some
applications that implement extremely high frequency technology.
From
the commercial point of view, the band is specifically developed for military
operations. It is unavailable for use in enterprise applications,
point-to-point wireless local area networks and broadband internet access. Such
factors may hinder the commercial growth of the market but strengthen the
defense sector due to high complexities involved. Therefore, the market for
extremely high frequency technology is anticipated to grow at a substantial
rate CAGR for the forecast period.
The
key driving factors responsible for the growth of extremely high frequency
technology market includes growing need for efficient data transmission across
local, national and international levels. Additionally, characteristics such as
uninterrupted data transmission, minimal loss of data while transmission are
adding to the growth of market. Moreover, the technology can be used for high
level encryption of data by defense agencies of nation are contributing to the
market growth. However, unavailability of the technology in commercial segment
and enterprise applications for secure data communication is likely to impede
the market growth during the forecast period.
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On
the basis of type, the global extremely high frequency technology market is
segmented into ISR, Navigation and SATCOM. On the basis of products, the global
extremely high frequency technology market is segmented into hardware, software
and middleware. On the basis of application, the global extremely high
frequency technology market is segmented into aerospace, defense and telecommunications.
On
the basis of geographic segmentation, the global extremely high frequency
technology market spans North America, Latin America, Europe, Middle-East,
Asia-Pacific and Africa. Europe and APAC dominate the global market in terms of
technology. North America dominates the market in terms of revenue. The key
players in the global extremely high frequency technology market include
Boeing, Lockheed Martin, Northrop Grumman, and Raytheon.
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