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Aircraft Radome Market Size To Surpass Around USD 1.3 Billion By 2032 | General Dynamics, L3 Technologies, Cpi Aerostructures

12-08-2023 03:42 AM CET | Industry, Real Estate & Construction

Press release from: Global Insight Services

The global Aircraft Radome Market was valued at US$ 0.6 billion in 2022 and it is anticipated to grow up to US$ 1.3 billion by 2032, at a CAGR of 7.3% during the forecast period.

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A radome is an enclosed, weatherproof structure that houses a radar antenna. The phrase radome is derived from the terms radar and dome, and it was initially defined as a radar-transparent, dome-shaped structure fitted on an airplane. However, radome is now a generic name for any radar enclosure, whether airborne or ground-based. The aircraft radome is designed to reduce the electromagnetic signal broadcast or received by the antenna as little as possible while remaining practically transparent to radio waves. The increase in aircraft demand drives considerable growth in the worldwide aviation radome market.

Market Drivers and Trends

Global airplane deliveries are increasing. Global aircraft deliveries have consistently increased over the last decade, driven by increased air passenger and freight traffic, as well as rising government defense spending on military aircraft purchases. As a result, there is a greater need for modern avionics systems, such as radars and satellite communications equipment, which require radomes for protection and aerodynamic coverage. The commercial aviation industry has experienced a significant increase in narrow-body and wide-body aircraft deliveries by major OEMs such as Boeing and Airbus. Several nations are purchasing new fighter fighters, trainers, transport aircraft, and helicopters that use various types of radomes. The increase in worldwide aircraft deliveries is a primary driver of growth in the aviation radome industry.

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Furthermore, Radome material and manufacturing technological breakthroughs Continuous research and development to create better radome materials employing composites like as quartz and carbon fiber have increased the capabilities and performance aspects of current aircraft radomes. The use of new materials with improved radio frequency transparency and structural integrity has allowed for the creation of radomes with lower aerodynamic drag and enhanced antenna system protection. Advanced radomes are also made from nanocomposites, 3D woven composites, and advanced ceramics. New fabrication techniques, like as additive printing, have also allowed for more ideally designed radome forms that are customized to certain aircraft types. Technological improvements are therefore contributing to next-generation radome solutions, paving the way for market expansion. These drivers are likely to propel market expansion.

Market Restraints and Challenges

The Costly development and certification creating new optimized radome solutions current aircraft types and radar systems necessitates substantial upfront R&D spending. To validate radome designs to strict aerodynamic and electromagnetic criteria, extensive modeling, simulations, materials testing, and ground and flight experiments are required. The extensive design and certification cycles associated with radomes, which range from two to 5 years depending on aircraft and application, result in high costs, which can limit market expansion.

Additionally, product lifecycles are lengthy. Aircraft radomes normally have a service life as long as the platform, which might be 20-30 years. As a result, even after their inception, radome systems continue to be manufactured for lengthy years before substantial redesigns. Long manufacturing cycles limit the adoption of new ideas, materials, and manufacturing techniques. Because re-certification is excessively expensive, old legacy radome technologies stay in large volume production for lengthy periods, limiting the rapid expansion of developing radome alternatives. Hence, these factors are expected to restrain growth of the market during the forecast period.

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Major Players in the Global Aircraft Radome Market

The key players studied in the global Aircraft Radome Market are General Dynamics, L3 Technologies, CPI Aerostructures, Saint-Gobain, Jenoptik, TenCate Advanced Composites, Orbital ATK, Verdant, NORDAM, and Royal DSM among others.

COVID-19 Impact

The COVID-19 epidemic caused a drop in demand for commercial airplanes in 2020. Despite the fact that the situation has altered dramatically as a result of the COVID-19 epidemic, there remains a significant order backlog with aircraft OEMs, with multiple aircraft deliveries expected throughout the projection period. Airbus had a backlog of 6,998 planes by the end of 2020, while Boeing had a backlog of 4,997. Despite the fact that a few airlines have delayed the majority of their aircraft deliveries, these aircraft will be delivered during the second half of the projection period. After COVID-19, aircraft radome manufacturers have become more agile.

Aircraft Radome Market Segmentation

By Design Type

Nose Radome
Fuselage Mounted Radome

By Material Type

Glass-Fiber
Resin
Quartz

By Aircraft Type

Commercial Aircrafts
Military Aircrafts

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

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