Press release
Aerospace Support And Auxiliary Equipment Market Size, Trends Analysis, Region, Demands And Forecasts Report 2020-2030 | Lockheed Martin, Northrop Grumman, Raytheon
The Business Research Company offers " Aerospace Support And Auxiliary Equipment Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global aerospace support and auxiliary equipment market is expected to decline from $28.7 billion in 2019 to $27.6 billion in 2020 at a compound annual growth rate (CAGR) of -4%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 4% from 2021 and reach $31.1 billion in 2023.
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The aerospace support and auxiliary equipment market consists of sales of support and auxiliary equipment by entities (organizations, sole traders and partnerships) that produce support and auxiliary equipment including equipment such as radar, air traffic control towers, satellites and other auxiliary equipment).
Multi-Function Radio Frequency System (MFRFS) is increasingly being used for operational radar frequency ranges towards applications for broadband. The MFRFS is an electronically scanned radar system that can detect and track threats at a wider range. The wider frequency range enhances the survivability for combat missions in case of no visibility in both horizontal and vertical direction (zero-zero visibility condition). It also provides additional electronic warfare functionalities and gives the pilots the ability to land safely in adverse conditions. Raytheon and NCS are manufacturing radars with MFRFS technology.
Aerospace Support And Auxiliary Equipment Market Segmentation:
By Type
1. Commercial Radars
2. Satellites
By Ownership:
1. Public
2. Private
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Aerospace Support and Auxiliary Equipment Market Characteristics
4. Aerospace Support and Auxiliary Equipment Market Product Analysis
5. Aerospace Support and Auxiliary Equipment Market Supply Chain
……
21. Key Mergers And Acquisitions In The Aerospace Support and Auxiliary Equipment Market
22. Market Background: Aerospace Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
The report covers the trends and market dynamics of the Aerospace Support And Auxiliary Equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Aerospace Support And Auxiliary Equipment market are Lockheed Martin, Northrop Grumman, Raytheon, Reutech Radar Systems, Rockwell Collins.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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