Defense Budget Cuts in the U.S. and Europe Will Have an Impact on the Antenna, Transducer, and Radome Market.
The U.S. has been the biggest market for the antenna, transducer, and radome system; in this respect, the recent economic scenario has seen defense budget cuts in the U.S. market as well. Countries in the Asia-Pacific region like South Korea, Japan, and Middle Eastern countries like UAE, Saudi Arabia, and Israel can drive growth of the market. India and China’s market will be tough to penetrate because of their strict government regulations and indigenous programmes in submarine which will affect...
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