Aircraft Antenna Market by Technology Advancements and Demand 2021 to 2025

The Aircraft Antenna Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The aircraft antenna market is anticipated to grow at a CAGR of more than 6% during the forecast period.

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Top Leading Companies of Global Aircraft Antenna Market are CMC Electronics Inc., Cobham plc, L3 Harris Technologies, Inc., Honeywell International Inc., Ball Corporation, NovAtel Inc., R.A. Miller Industries (RAMI), HR Smith Group, United Technologies Corporation, PIDSOPropagation Ideas & So and others.

Key Market Trends:

Military Segment to Experience the Highest Growth During the Forecast Period

The increasing military spending of countries around the world has fuelled the plans for procurements of newer generation aircraft and modernization of existing aircraft with advanced technology. For FY 2020, the US Department of Defense (DoD) requested a defense budget of USD 718 billion to make its military force a more lethal, agile, and innovative joint force. Under this budget, the DoD plans to invest in the development of future attack reconnaissance aircraft, future attack reconnaissance aircraft, future long-range assault aircraft and sixth-generation combat aircraft within the Next Generation Air Dominance program. These programs are in their initial stages, due to which the aircraft antenna manufacturers can capture new contracts of such programs to increase their presence in the market. Also, the country is in plans to procure UAVs (mainly MQ-25 UAS) and surveillance aircraft to monitor the threats along water and land borders of the country. Such development and procurement plans of the US and its alliance countries is anticipated to support the growth of the segment during the forecast period.

Also, the Air Force Research Lab was developing a liquid antenna that can streamline communications equipment on aircraft. Once installed, this antenna is reconfigurable to any frequency or direction for the propagation of data. Development into such R&D projects is anticipated to bolster the growth of the Military segment in the coming years.

Asia-Pacific Region is Expected to Generate the Highest Demand During the Forecast Period

The Asia-Pacific region is achieving unprecedented long-term growth in commercial aviation backed up by a large number of aircraft scheduled for future delivery to carriers in the region. This increasing air fleet is helping the airlines to increase the connectivity to/from/within the region to support a wide spectrum of industries like tourism, trade, etc. The new aircraft are fitted with advanced antenna systems as the travelers are increasingly opting for better onboard connectivity services. Companies are bringing new IFC services to passengers to enhance their experience. In March 2018, Panasonic Avionics Corporation (Panasonic) and APT Mobile Satcom Limited (APSATCOM) entered into collaboration on the development of Extreme Throughput Satellite (XTS) service through APSTAR-6D satellite. This satellite is anticipated to provide Panasonic customers with multiple gigahertz of new Ku-band capacity over China and other high-density routes around East Asia including Tokyo, Seoul, Shanghai, Beijing, Malaysia, Hong Kong, Indonesia and Singapore using narrow XTS spot beams. Such new technologies exclusive to the Asia-Pacific region are anticipated to support the growth of aircraft antennas.

Also, the growth of military spending of countries in the region is supporting the development and procurement of new generation advanced military aircraft. These aircraft are fitted with advanced antennas to provide a better data links between satellite-aircraft, aircraft-aircraft, and aircraft-ground station. With current geopolitical tensions in the countries, the equipping better ISR capabilities gain high importance and to transmitted efficiently, the antennas of higher gain are required. Due to the aforementioned reasons, the demand for aircraft antennas in the Asia-Pacific region is anticipated to grow at the highest growth during the forecast period.

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Highlights of the Aircraft Antenna Market Report:

– Detailed overview of Aircraft Antenna Market
– Changing the Aircraft Antenna market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected Aircraft Antenna market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Aircraft Antenna Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2015 to 2021 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Aircraft Antenna Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Aircraft Antenna industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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