Aircraft Antennas Market Size, 2020 Industry Share and Global Demand | 2027 Forecast by Fortune Business Insights™
The global aircraft antenna
industry is set to gain momentum from the introduction to aerospace 3D
printing technology. It is extensively used to fabricate complex structures.
Unlike the traditional fabrication technology, 3D printing possesses several benefits,
such as cost-effectiveness and availability of lightweight aircraft antennas.
This information is given by Fortune Business Insights™ in a
recently published report, titled, “Aircraft Antenna Market Size, Share and Industry Analysis By Platform
(Fixed-Wing, Rotary-Wing), By Frequency Band (VHF & UHF Band, Ka/Ku/K Band,
HF Band, X Band, and C Band Others), By End-User (OEM, Aftermarket), By
Application (Communication, Navigation & Surveillance) and Regional
Forecast 2019 to 2026.”
The report further mentions that the aircraft antenna market size is projected
to reach USD 626.6 million by 2026, thereby exhibiting a CAGR
of 7.49% during the forecast period. However, it stood at USD 472.4
million in 2018.
Fortune Business
Insights™ presents a list of organizations operating in the aircraft antenna
market. They are as follows:
- Harris Corporation
- Azimut Benetti S.p.A.
- McMurdo Limited
- Antcom Corporation
- TECOM Investment FZ‐LLC
- The Boeing Company
- Honeywell International Inc.
- Cobham plc
- Other key market players
COVID-19 Impact
Analysis:
The emergence of COVID-19 has brought
the world to a standstill. We understand that this health crisis has brought an
unprecedented impact on businesses across industries. However, this too shall
pass. Rising support from governments and several companies can help in the
fight against this highly contagious disease. There are some industries that
are struggling and some are thriving. Overall, almost every sector is
anticipated to be impacted by the pandemic.
We are taking continuous efforts to
help your business sustain and grow during COVID-19 pandemics. Based on our
experience and expertise, we will offer you an impact analysis of coronavirus
outbreak across industries to help you prepare for the future.
Study Period:
2016-2027
Base Year: 2019
Forecast Period: 2020-2027
Historical Period: 2016-2018
Drivers &
Restraints-
Rising Demand for
Military UAVs to Drive Growth
Numerous countries are experiencing
high investments in the development of top-quality drones and military unmanned
aerial vehicles (UAVs) for aiding in various battlefield applications. Besides,
the number of research and development activities is rising at a rapid rate.
For receiving and transmitting communication signals, UAVs require a specific
amount of electronic components. It consists of transponder antennas. UAV
antennas also serve many applications, namely, reconnaissance, surveillance,
and signal intelligence. These factors would propel the aircraft antenna market
growth in the coming years. However, the number of aircraft delivery is
declining. It may hamper growth.
Regional Analysis-
High Demand for
Commercial UAVs to Favor Growth in Asia Pacific
Geographically, the market is divided
into North America, Europe, the Middle East and Africa, Latin America, and Asia
Pacific. Amongst these, North America procured USD 201.1 million aircraft
antenna market revenue in 2018. It would dominate because of the increasing
investments by companies for developing novel aircraft antenna. Apart from
this, rising border surveillance activities is surging the usage of UHF enabled
military UAVs in the U.S. It would contribute to the market growth in this
region.
Asia Pacific, on other hand, is
anticipated to grow considerably by exhibiting the highest CAGR during the
forecast period because of the increasing demand for commercial UAVs in
countries, such as India and China. In Europe, the rising number of aircraft
deliveries would propel market growth. In France, there is high utilization of
reconfigurable liquid antennas in many aircraft. It would also boost market
growth in this region.
Segment-
VHF & UHF Segment
to Lead Backed by Rising Usage of Wireless Communication Technology
In terms of frequency band, the market
is segregated into X band, C band, Ka/Ku/K band, very high frequency (VHF)
& ultra-high frequency (UHF) band, and others. Out of these, the VHF and
UHF segment is expected to showcase the dominance in the market owing to the
rising utilization of in-flight wireless communication technology. The demand
for UHF bands would upsurge because of their ability to provide in-flight radio
communications and television broadcasting. The X band segment generated 17%
aircraft antenna market share in 2018 on account of the its increasing usage
during in-flight radar communication.
Aircraft Antennas
Market report Focus on:
- Extensive product offerings
- Customer research services
- Robust research methodology
- Comprehensive reports
- Latest technological developments
- Value chain analysis
- Potential Market opportunities
- Growth dynamics
- Quality assurance
- Post-sales support
- Regular report updates
Reasons to Purchase this
Report:
- Comprehensive analysis of the market growth
drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product
launches, agreements, mergers and acquisitions, geographical expansions,
and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present
in the market to aid organizations in strategic business planning.
Key Questions
Answered:
- Why Choose Fortune Business Insights?
- What are the key demands and trends shaping
the market?
- What are the key opportunities in the market?
- What are the key companies operating in the
market?
- Which company accounted for the highest market
share?
- What is the market size and growth rate of the
global and regional market by various segments?
- What is the market size and growth rate of the
market for selective countries?
- Which region or sub-segment is expected to
drive the market in the forecast period?
- What Factors are estimated to drive and
restrain the market growth
Competitive
Landscape-
Key Players Aim to
Increase Sales by Launching Unique Products
The market consists of several big,
medium, and small enterprises. They are focusing on new product launches to
boost sales and gain more consumer bases. They’re also keeping up with the
latest market trends for fulfilling the demand of the masses. Below is one of
the significant industry developments:
- May 2019: The Boeing Company launched its latest flat satellite
communications (SATCOM) broadband antenna. It would aid in getting
high-speed data in the military aircraft. Production of the same would
begin in 2020.
Browse Complete
Summary of research: https://www.fortunebusinessinsights.com/aircraft-antennas-market-102533
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