Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on the aircraft antenna market provides an in-depth analysis
of segments and sub-segments in the global as well as regional aircraft antenna
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional aircraft antenna market over the short
term as well as the long term. The report is a comprehensive presentation of
trends, forecast and dollar values of the global aircraft antenna market. According
to the report, the global aircraft antenna market is projected to grow at a
CAGR of around 8% over the forecast period of 2022-2028.
The aircraft antenna market was valued at nearly USD 650 million in 2022 and is expected to be over USD 1020 million in 2028, with a CAGR of around 8% during the forecast period. The device used to navigate the aircraft using radio frequencies is known as an aircraft antenna. The aircraft antenna is used to communicate with other planes and ground-based stations. The aircraft antenna is found outside the aircraft and inside the aircraft, and the main application of this antenna is navigation and communication. Furthermore, advanced materials are used for developing antennas for Unnamed Areal Vehicles (UAV), and reconfigurable liquid antennas are an upcoming trend in aircraft. Moreover, aircraft antennas are used in the military drone for search and rescue (SAR) operations which is also projected to fuel the growth of the aircraft antenna market. Additionally, the critical factor for the development of the market is the increasing number of aircraft deliveries.
The prime factors driving the
aircraft antenna market are increasing demand for military unarmed aerial
vehicles, increasing airspace modernization programs, introducing advanced
aircraft systems, replacing the legacy system, rising demand for advanced
communication facilities, and navigation, along with increasing the number of
airlines. Furthermore, the growing popularity of eVTOL aircraft and the
emergence of aircraft manufacturers are expected to drive the market over the
forecast period. However, the Long duration of product certification and the
uncertainty of aircraft orders are some factors that hamper the market’s
growth. Furthermore, the most prominent and foremost factor hampering the
market’s growth is the increasing cost of manufacturing and designing.
Nevertheless, new recent developments and trade regulations are projected to
offer tremendous growth opportunities to the market.
North America is expected to
dominate the market due to the prevalence of several large manufacturers and
surging levels of investment in research activities to develop antennas with
improved efficiency and reliability. There is a high demand for new aircraft
and growing demand for aircraft for commercial applications and their
increasing utility in the defense sector to carry out transport and
surveillance activities, which are supposed to drive the market’s growth in the
region. However, due to the growing aviation passenger traffic along with the
increasing demand for new commercial aircraft, the Asia Pacific region is
expected to grow during the forecast period.
The report on the global aircraft
antenna market covers segments such as platform, frequency band, application,
and end-user. On the basis of platform, the sub-markets include fixed wing, and
rotary wing. On the basis of frequency band, the sub-markets include VHF/UHF band,
Ku/Ka/K band, HF band, X band, and C band. On the basis of application, the
sub-markets include communication, navigation, and surveillance. On the basis
of end-user, the sub-markets include OEM, and aftermarket.
The report provides profiles of
the companies in the market such as L3Harris Technologies Inc., Honeywell
International Inc, Collins Aerospace, Cobham Limited, The Boeing Company (US),
Chelton Limited, Sensor Systems Inc., Antcom Corporation, RAMI, and HR Smith
Group of Companies
The report provides deep insights
into demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the aircraft antenna market. Moreover, the study highlights current
market trends and provides forecast from 2022-2028. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players.
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