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Dublin, April 14, 2023 (GLOBE NEWSWIRE) — The “Aircraft Antenna: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Aircraft Antenna estimated at US$461.7 Million in the year 2022, is projected to reach a revised size of US$822.6 Million by 2030, growing at a CAGR of 7.5% over the analysis period 2022-2030.
Fixed, one of the segments analyzed in the report, is projected to record 7.4% CAGR and reach US$569.7 Million by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Rotary segment is readjusted to a revised 7.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $171.8 Million, While China is Forecast to Grow at 8.7% CAGR
The Aircraft Antenna market in the U.S. is estimated at US$171.8 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$88 Million by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.3% and 7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR.
Select Competitors (Total 43 Featured) –
- ACR Electronics, Inc
- Aeronautical Accessories, Inc (Bell, Textron Inc)
- Amphenol Corporation
- Antcom Corporation
- Astronics Corporation
- Azimut
- Beijing BDStar Navigation Co., Ltd
- Cobham Limited
- Collins Aerospace
- Emergency Beacon Corporation
- Honeywell International Inc
- HR Smith Group of Companies
- JDA Systems
- L3Harris Technologies Inc
- RAMI
- Sensor Systems Inc
- Spectrum Antenna & Avionics Systems (P)Ltd
- Stt-systemtechnik GmbH
- Smiths Interconnect
- The Boeing Company
- Trig Avionics Limited
- U B CORPORATION
- Verdant Telemetry & Antenna Systems
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 438 |
| Forecast Period | 2022 – 2030 |
| Estimated Market Value (USD) in 2022 | $461.7 Million |
| Forecasted Market Value (USD) by 2030 | $822.6 Million |
| Compound Annual Growth Rate | 7.5% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Aircraft Antenna – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Felled by the COVID-19 Pandemic, the Airline Industry Bites the Dust Sending Shockwaves of Pain Ripping Through the Aerospace Value Chain
- A Severely Battered Global Economy Struggles to Revive
- COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
- A Slumping Manufacturing Industry Darkens the Outlook for Aircraft Manufacturing. Aircraft Antenna Manufacturers Stare at US$55.2 Million in Losses for the Year 2020
- Manufacturing Industry Collapses, Severing Business as Usual Opportunities for Aircraft Antennas: Global PMI Index Points for the Years 2018, 2019 & 2020
- As Coronavirus Spreads, the Grounded Aviation Industry Transfers the Economic Pain to Upstream Markets Including Aircraft Antennas: Global Airlines Performance by Region: 2020 Vs 2019
- With the Aviation Industry on the Brink of Annihilation, Aircraft Assembly Lines Will Take Longer to Recover: Expected Revenue Losses in Global Aviation (In US$ Billion) for the Year 2020
- Rising Bankruptcies Bear Testimony to the Devastation Unleased by the Pandemic on the Commercial Aviation Industry: Global Number of Airline Bankruptcies for the Years 2015, 2018, 2020 (1H)
- Even if the Pandemic Ends, the Economy Can Keep People from Flying: Unemployment in the U.S. (In Million)
- Declines in Air Cargo Worsens an Already Punishing Business Climate
- Logistics Similar to Passenger Travel Also Bears the Brunt of the Pandemic: Global Logistics Industry 2019 Vs 2020 Growth (In %)
- As the World Moves Towards Context Aware Aircraft, the Role of Antennas Will Get Bigger. Here’s Why
- The Importance of Communication in Aircraft
- Significance of Antennas in Communication Systems
- Aircraft Antennas & Their Types: A Review
- Recent Market Activity
- Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- The New Era of Connected Aircraft Brings a Wealth of Opportunities for Innovation & Development of Antenna Systems
- Robust Outlook for the Future of Connected Aviation to Open Up Aircraft Connectivity Challenges for Antennas to Solve: Global Number of Connected Aircraft (In Units) for the Years 2016, 2018, 2021, 2025 & 2029
- Post COVID-19 Focus on Lowering Aviation Carbon Footprint to Drive Bigger Roles for Satellite Communications in Aviation
- Here’s Why the Environment & Sustainability Will be Top Priorities After the Pandemic
- Weathering the Economic Storm Does Not Mean Disregarding the Environment! Now is the Time for a World Which Prioritized Defense Over Health & Environment to Wake Up: Global Defense, Health & Energy R&D as a % of GDP
- Post COVID-19 Focus on Lowering Aviation Carbon Footprint to Drive Bigger Roles for Satellite Communications in Aviation
- Compliance Standards for Reducing Emissions from Aviation to Become Stricter, Post Pandemic: Global GHG Emissions from Transportation (In Billion Metric Tons of CO2) for the Year 2021
- Global CO2 Emissions (In Billion Metric Tons) for the Year 2021
- New Satellite Based Communication Systems Help in Achieving Flight Operational Efficiency, Fuel Saving & CO2 Emission Reductions: Potential Global CO2 Emission Benefit Offered by Satellite Communications (In Million Tons Per Year)
- The Age of Automation & Machines That Will Follow the Pandemic Will Throw Up Opportunities in the UAV Space
- A Peek Into the Evolving Landscape of UAVs
- Here’s How UAV Antennas are Benefiting & Evolving In Response to the Dynamics of Commercial UAV Deployment
- A Robust Production Line for UAVs Post Pandemic Brings a Wealth of Opportunities for Aircraft Antennas: Number of Countries Worldwide Using Drones/UAVs by Type for the Years 2010 & 2020
- When Grounded Flights Take to the Skies Post Pandemic, Pent Up Demand for Aftermarket Antennas Will Come from the MRO Sector
- “Bloodbath” in the Airline Industry Impacts the MRO Sector
- Looking Beyond Current Challenges & Moving Forward in the New Normal
- Embattled Airlines Worldwide Park Thousands of Airplanes Creating an Unprecedented Challenge for Keeping Them Airworthy: Global Number of Jet Planes Parked at the Peak of the Pandemic in April 2020
- When Aircraft Queue-Up in Hangars Across the World After Idling for Months, A Recovering MRO Market Will Drive Upgrades & Replacements of Antennas: Global Market for MRO (In US$ Million) for Years 2021, 2023, 2025, 2027
- Long-Term Growth for Advanced Aircraft Antennas Will be Led by Airspace Modernization Programs
- In-Flight Entertainment and Connectivity (IFEC) Presents a Strong Business Case for Aircraft Antennas
- A Peek Into the Evolving In-Flight W-Fi Landscape
- Supported by Satellite Antennas, Satellite Connectivity Becomes Vital for Ensuring High Quality In-Flight Wi-Fi
- Antennas Perform the Magic of Providing Wi-Fi on Airplanes
- Better Antennas Are Needed for Better Internet Freedom in the Air. As Key In-Flight Wi-Fi Components, Antennas to Benefit from the Roust Demand for In-Flight Wi-Fi Service: Global Market for In-Flight Wi-Fi (In US$ Billion) for Years 2021, 2023, 2025, 2027
- Stringent Regulatory Norms Expands Replacement Opportunities While Stepping Up Quality Pressures on Manufacturers
- Emerging New Technologies for Urban Mobility to Step-Up the Excitement in the Market, Post Pandemic
- Commercialization of eVTOL Aircraft Opens Up a New Growth Avenue
- The Exciting Future of Flying Taxis Will Lift-Off New Opportunities for Aircraft Antennas by 2035: Global Number of Passenger Drones (In Units) for Years 2025, 2030, 2035
- Increasing Use of Aerial Telemetry & Flying Antennas to Spur Demand & Innovation in the Market
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/tbdbp2
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