Future of Multi-mode Receiver Market in Global Industry : Market Attractiveness, Competitive Landscape and Forecasts to 2025

Albany, NY, 26th April : Recent research and the current scenario as well as future market potential of "Multi-mode Receiver Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" globally.

Multi-mode receiver is a multi-function navigation unit that integrates all onboard reception functions needed for the pilot to navigate, position, and land the aircraft. It provides cost effective state of the art solutions for avionics upgrade and new installation.

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Multi-mode receiver is the air transport industry’s only fully digital navigation receiver that integrates several stand-alone receivers such as microwave landing system (MLS) receiver, instrument landing system (ILS) receiver, and GPS landing system (GLS) receiver into one single receiver. This fusion provides an added advantage for aircraft flying in Europe owing to the flexibility and economy of operation offered by European Basic Area Navigation (BRNAV) routes and GPS Based approaches. The multi-mode receiver reduces the weight and eliminates the need of standalone VHF omni-directional radio range (VOR) receiver. It also improves the growth capability for current and next-generation navigation standards such as GLS CAT-III and reduces the overall cost of ownership.

Currently, people prefer to travel by air due to the increase in the number of air routes and decrease in fare prices. High air passenger traffic is fuelling the demand for aircrafts across the globe. The multi-mode receiver has reduced the complexity of simultaneously managing various receivers. Rising demand for weight- and space-saving aircraft for better fuel economy is one of the driving factors for multi-mode receivers. However, risk of cyber-attack and strict regulatory framework for the approval of multi-mode receivers are expected to hamper the market during the forecast period.

The multi-mode receiver market is segmented based on fit, platform, sub-system, application, and region. In terms of fit, the market is bifurcated into line-fit and retrofit. The retrofit market is expected to expand considerably due to aircraft modernization programs that have made installation of multi-mode receivers in the aircraft compulsory. Based on platform, the multi-mode receiver market is segmented into fixed-wing and rotary-wing. The fixed-wing segment is expected to expand significantly due to increasing demand for wide-body and narrow-body aircraft from different airlines that are fitted with multi-mode receivers. The fixed-wing platform segment is further classified into military fixed-wing and commercial-fixed wing. The market for commercial fixed-wing is anticipated to expand significantly due to the increase in air passenger traffic. In terms of sub-system, the market is divided into microwave landing system (MLS) receiver, instrument landing system (ILS) receiver, GPS landing system (GLS) receiver, and VHF omni-directional range. Based on application, the multi-mode receiver market is segmented into navigation, positioning, and landing. The navigation and positioning segments are expected to expand significantly due to modernization programs that have mandated the use of these receivers in aircraft.

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In terms of geography, North America is expected to hold the largest market share of the multi-mode receiver market during the forecast period. This is due to the presence of major aircraft manufacturers like Bombardier Inc.(Canada) and the Boeing Company (the U.S.).The market in Asia Pacific is expected to expand significantly due to the rise in demand for large aircraft owing to the decrease in travel cost and increase in number of air routes. Rise in air passenger traffic is one of the reasons for increase in the number of aircraft deliveries in the region. Moreover, the market in developing regions such as Middle East & Africa (MEA) and South America are also expected to expand during the forecast period.

Major players operating in the multi-mode receiver market are BAE Systems PLC. (the U.K.), Honeywell International Inc. (the U.S.), Rockwell Collins Inc. (the U.S.), Leonardo SPA (Italy), Val Avionics Ltd (the U.S.), Thales Group (France), Indra Sistemas,SA (Spain), Val Avionics Ltd. (The U.S.), Systems Interface Ltd. ( The U.K.), Intelcan Technosystems Inc. (Ontario), and Indra Sistemas, SA (Spain).

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

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