Multi-mode Receiver (MMR) Market Competitive Status and Outlook 2020 to 2026 | Leonardo S.p.A., Rockwell Collins, Thales Group

Global Multi-mode Receiver (MMR) Market, delivering a must-read report for industry stakeholders wanting to understand the strategic landscape of this increasing sector. Readers will find an in-depth analysis of the market and how it will impact existing traditional markets, as well as insights into future development and opportunities across the globe.

MarketInsightsReports has announced the addition of the "Global Multi-mode Receiver (MMR) Market Research Report 2020" The report focuses on global major leading players with information such as company profiles, product picture and specification.

According to the study, the global multi-mode receiver (MMR) market size was valued at approximately USD 950 million in 2019 and is expected to grow at a CAGR of over 5% over the forecast period (2020-2026).

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Key Players:

BAE Systems, Honeywell International Inc., Leonardo S.p.A., Rockwell Collins, Thales Group, Carlisle Companies Inc, request free sample for complete list of companies.

The leading players of industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among players will help the industry aspirants in planning their strategies.

Summary

A Multi-mode Receiver (MMR)integrates multiple functionalities in one compact unit, which reduces the weight factor and a space aircraft. It also helps the driver positioning, navigation, and landing of the airplane, even in conditions unfavorable.

Another important factor in the market growth of initiatives by airlines around the world to modernize their fleets. severe terms were provided for the aviation sector worldwide.

At the same time, new technologies such as Automatic Dependent Surveillance-Broadcast (ADS-B) Out are also emerging. While airlines are undertaking various aircraft modernization programs and modernizing their fleets, they must also ensure that their air support the latest technologies and the evolution of navigation approaches required navigation performance (RNP).

As a result, airlines are spending aggressively on advanced navigation systems. However, backup systems/technology avionics cyber-attacks are one of the crucial challenges facing the aviation sector.

Currently, a handful of market participants with expertise in the manufacture of Multi-mode Receiver (MMR) systems dominate the market. The strong geographic presence of these holders, in combination with existing long-term supply contracts, will ensure sustained growth of the Multi-mode Receiver (MMR) market during the forecast period.

Key Developments in the Market

CEDAR RAPIDS, Iowa (May 24, 2018)- Rockwell Collins' next-generation MMR now certified and set to enter into service this summer

- April 19, 2017 - Honeywell's Next-Generation Radio Navigation Technology Receives FAA Certification

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Market Segmentation by types, Applications and regions:

Market Segment by Type covers:

Line-fit
Retrofit

Market Segmented by Applications:

Fixed Wing
Rotary Wing

Market Segment by Regions:

North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)

These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis using segmentation by providing precise results on industry-related markets.

The report also analyzed the evolution of industry trends. Several macroeconomic factors such as Gross domestic product (GDP) and the increasing inflation rate is expected to affect directly or indirectly in the development of the industry.

Frequently Asked Questions about "Multi-mode Receiver (MMR) market" :

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Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or 3 countries or nearly 40 analyst hours.

Note:

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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References/Sources:-

- https://aerospace.honeywell.com/en/learn/about-us/press-release/2017/04/honeywells-next-generation-radio-navigation-technology

- https://www.rockwellcollins.com/Data/News/2018-Cal-Yr/CS/20180524-GLU-2100-certification.aspx

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