The study on the Global Aircraft Antenna Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Aircraft Antenna Market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Aircraft Antenna industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Aircraft Antenna industry
The global aircraft antenna market size was USD 401.30 Million in 2022 and is expected to register a steady revenue CAGR of 6.7 % during the forecast period, according to latest analysis by Emergen Research. Growing adoption of aircraft antennas for production of various passenger, commercial, and freighter aircraft is a major factor driving market revenue growth. High Throughput Signal (HTS) compatibility bands, such as Ku-band, E-Series, Satellite Communication (SATCOM), Very High Frequency/Ultra High Frequency (VHF/UHF) band, and F-series, are increasing adoption in commercial aviation and aircraft manufacture to improve navigation communication systems. Several aircraft manufacturers and aviation maintenance companies are significantly using aircraft antennas such as VHF/UHF and Ku/Ka/K bands.
According to Airbus SE, a European multinational aircraft company, air transport will progressively shift from fleet expansion to rapid replacement of older, less fuel-efficient aircraft, and dramatically speeding construction of 39,000 new passenger and freighter aircraft. In addition, many commercial and passenger aircraft maintenance firms or vendors are procuring aircraft antennas, which is significantly driving revenue growth of the market. Moreover, aircraft antennas are adopting in Unmanned Aerial Vehicle (UAV) for seamless connectivity. However, rising manufacturing costs owing to high component prices and Research & Development (R&D) costs is a major factor restraining revenue growth of the market.
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Market Scope: The report explains the scope of various commercial possibilities in the global Aircraft Antenna market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Terrain:
The global Aircraft Antenna industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Honeywell International Inc., Dayton-Granger, Inc., Chelton Limited, Lockheed Martin Corporation, The Boeing Company, Haigh-Farr, Inc., L3Harris Technologies, Inc., HEICO Corporation, Cobham Aerospace Communications, R.A. Miller Industries, Sensor Systems, Inc., Collins Aerospace Systems, HR Smith Group of Companies, and Astronics Corporation, among others
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Market Segmentations of the Aircraft Antenna Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2019 and 2032. This analysis can help readers looking to expand their business by targeting emerging and niche markets
Segments Covered in this report are:
- Aircraft Type Outlook (Revenue, USD Million; 2019-2032)
- Fixed Wing
- Commercial Aircraft
- Business Aircraft
- Regional Jets
- General Aviation
- Military Aircraft
- Fixed-Wing UAVs
- Rotary-Wing
- Military Helicopter
- Civil Helicopter
- Rotary Wing UAVs
- Frequency Outlook (Revenue, USD Million; 2019-2032)
- VHF/UHF band
- Ku/Ka/K band
- HF band
- X band
- C band
- L band
- Others
- Application Outlook (Revenue, USD Million; 2019-2032)
- Radar Antenna
- Instrument Landing System (ILS)
- Terminal Wireless Local Area Network (TW-LAN)
- Aircraft Traffic Control/Traffic Collision Avoidance System (ATC/TCAS)
- Radio altimeter
- Global Positioning System (GPS)
- Very High Frequency (VHF)
- Terminal Cellular System (TCS)
- Automatic Direction Finder (ADF)
- Satellite Communication (SATCOM)
- Others
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Regional Outlook of the Aircraft Antenna Market
The global Aircraft Antenna market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In this section, authors of the report have studied the presence of the global Aircraft Antenna market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Objectives of the Report:
- Industrial structure analysis of the Aircraft Antenna market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Aircraft Antenna market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Aircraft Antenna market
- Comprehensive analysis of competitive developments such as expansions, agreements,
In conclusion, the Aircraft Antenna Market report is an exhaustive database that will help readers formulate lucrative strategies. The Aircraft Antenna Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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