Non-Directional Radio Beacon Market New Business Opportunities and Investment Research Report by 2026

Non-Directional Radio Beacon Market

A non-directional radio beacon is a low/medium-frequency and ground-based radio transmitter used as a navigation aid for aircraft. It transmits an omnidirectional signal, which is received by an automatic direction finder (ADF) onboard the aircraft. The rising prominence of air travel and the subsequent increase in the number of aircraft, alongside growing international trade are contributing to the increasing number of airports around the globe. As per statistics by the International Air Transport Association (IATA), around 3.8 billion passengers traveled via air in 2016, i.e. around 7% higher than in 2015.

The Major Players Covered in this Report:
Southern Avionics Company, Hanjinetc, Tele Supply AS, Mobin Ara Electronic CO., LTD, Nautel, Azimut, System Interface Limited. 

The global non-directional radio beacon market was valued at USD 268.29 million in 2018 and is expected to reach USD 356.25 million by 2024 with a CAGR of 4.4% during the forecast period, 2019–2026.

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By Type, Approach NDB,Locator type
By Application,Civil airports, Military airports, Private airports

Each part of the report contains important information about the global Non-Directional Radio Beacon market that can be used to drive strong growth in the coming years. A unique combination of primary and secondary research has enabled him to uncover hidden business opportunities in the global Non-Directional Radio Beacon market, gather meaningful insights from market participants, and obtain accurate market data. It covers a wide range of studies including production cost analysis, absolute dollar dividends, price analysis, business profiles, production and consumption analysis, and market dynamics.

Regional Analysis For Non-Directional Radio Beacon Market:

North America (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.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Non-Directional Radio Beacon are as follows:

History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2029

The study objectives of this report are:

To study and forecast the market size of the Non-Directional Radio Beacon in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
 Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players

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