Aircraft antenna market is estimated to be USD 310. 6million in 2017 and is projected to reach USD 405.7 million by 2022, at a CAGR of 5.49% during the forecast period.
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The key players in the Aircraft Antenna Market include – Cobham (UK), Harris (US), Boeing (US), Honeywell (US), RAMI Aviation (US), TECOM (US), and AZIMUT (Russia).
The growing demand for durable and efficient aircraft antennas and the rising number of aircraft deliveries across the globe are expected to fuel the growth of the aircraft antenna market during the forecast period. Moreover, the growing use of unmanned aerial vehicles in various military applications is also leading to the growth of the aircraft antenna market.
However, stringent regulatory norms for manufacturing and developing of aircraft antennas to ensure safe flight operations are expected to restrain the growth of the aircraft antenna market between 2017 and 2022.
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Based on end user, the OEM segment is projected to lead the aircraft antenna market from 2017 to 2022, as the number of aircraft deliveries is increasing. OEM component providers also offer the line fit service, there by saving the time consumed in the installation of antennas in aircraft post their delivery to the airline companies.
An antenna is one of the most important components and is deployed across all aircraft types and platforms, including, business jets, commercial transport aircraft, military and commercial fixed-wing aircraft, and military and commercial helicopters. With the continuous proliferation of communication and navigation technologies in the aviation industry, there has been an increased demand for lightweight and efficient antennas from the aviation industry.
Complete Report Copy of Aircraft Antenna Market by Drive Type (Dry Belts, Chain, Belt in Oil), Component (Idler Pulley, Sprocket, Tensioner, Timing Shield/Cover), ICE & Hybrid (Passenger Car, Commercial Vehicle, HEV, PHEV), Aftermarket, and Region - Global Forecast to 2025 www.rnrmarketresearch.com/contacts/1256852
- Manufacturers/Suppliers of Aircraft Antenna Components
- Original Equipment Manufacturers (OEMs)
- Subsystem Manufacturers
- Aftermarket Operators
- Ministries of Defense of Different Countries
- Technology Support Providers
- Global Aviation Industry
- Scientific Research Centers
The aviation industry is growing at a significant pace in the Asia Pacific region due to the increasing air passenger traffic and improving economic conditions in the region. Growth in air passenger traffic in the region has increased demand for next-generation efficient aircraft antennas, which is expected to drive the aircraft antenna market in Asia Pacific during the forecast period.
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This study segments the aircraft antenna market based on end user, platform, application, frequency band, and region. From an insight perspective, the aircraft antenna market report focuses on industry analysis (industry trends), market share analysis of the top players, and company profiles.
These insights together comprise and discuss basic views on the competitive landscape, emerging and high-growth segments of the aircraft antenna market, high-growth regions, and drivers, restraints, opportunities, and challenges for the market.
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