Press release
Aircraft Antenna Market is Expected to Hit US$501.30 Million in 2026
Market Overview:According to Market Prognosis, the Global Aircraft Antenna market is accounted for $268.56 million in 2017 and is expected to reach $501.30 million by 2026 growing at a CAGR of 7.2%. Some of the factors fuelling the market growth are growing aircraft deliveries, increasing demand for active and durable aircraft antennas and rising need for unmanned aerial vehicles in many military applications. However, huge manufacturing cost of aircraft antennas, strict regulatory norms required to assure safety aircraft operations are inhibiting the market growth.
Based on application, navigation & surveillance segment commanded the largest market share owing to increasing bandwidths and uses of aircrafts consisting of high frequencies for navigation & surveillance. In addition, OEM is leading the market and the growth of this segment can be attributed to increasing number of aircraft deliveries across the globe. North America commanded the largest market share and the factors favoring the growth of this region are rapid technological advancements. Asia Pacific is growing at a highest CAGR due to the rising aviation passenger traffic, rising demand for next-generation advanced aircraft antennas in this region.
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Top Industry Players:
Some of the key players in global Aircraft Antenna market include Harris, Antcom, Sensor Systems, Honeywell, Azimut, Tecom, Mcmurdo, Boeing, Cobham and Rami.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Market Segments:
Platforms Covered:
• Rotary Wing
• Fixed Wing
Frequency Bands Covered:
• Ka/Ku/K Band
• C Band
• VHF & UHF Band
• X Band
• HF Band
• Other Frequency Bands
Applications Covered:
• Navigation & Surveillance
• Communication
End Users Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)
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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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