Press release
VHF Air Ground Communication Stations Global Market Report 2024 - By Share, Size, Demand, Growth, Forecast To 2033
"The new report published by The Business Research Company, titled VHF Air Ground Communication Stations Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the vhf air ground communication stations market size has grown rapidly in recent years. It will grow from $1.42 billion in 2023 to $1.6 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The vhf air ground communication stations market size is expected to see rapid growth in the next few years. It will grow to $2.45 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%.
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Air Traffic Drives Vhf Air Ground Communication Stations Market
The growing air traffic is expected to propel the growth of the VHF air ground communication stations market. Air traffic refers to the movement of aircraft in airspace, including takeoffs, landings, and all other phases of flight. It encompasses all types of aircraft, including commercial airliners, private planes, helicopters, and military aircraft. VHF air ground communication stations are used in air traffic control to facilitate communication between pilots and air traffic controllers. These stations are installed at airports, air traffic control towers, and other ground-based facilities that manage air traffic and provide pilots with important information about weather conditions and navigation, so these factors boost the VHF air ground communication stations market. For instance, in April 2023, the International Air Transport Association (IATA), a Canada-based trade association of the world's airlines, reported a rise in overall air traffic of 55.5 percent from 2022 to 2023. In addition, compared to 2022, domestic and foreign traffic rose by a combined 25.2 and 89.7 percent, respectively. Furthermore, in March 2023, the Bureau of Transportation Statistics, a US-based government agency, reported that in 2022, the US airlines carried 194 million more passengers than in 2021, a 30 percent increase year-over-year. Therefore, the growing air traffic is expected to propel the growth of the VHF air ground communication stations market.
Industry Leaders Embrace Technological Advancements In Vhf Air-Ground Comm Stations
The adoption of innovative technologies is a key trend gaining popularity in the VHF air ground communication stations market. Major companies operating in the VHF air-ground communication stations market are introducing advanced technologies to sustain their position in the market. For instance, in November 2021, Kuwait Airways, a Kuwait-based national airline service, launched Collins Aerospace's ACARS over IP communication solution. In collaboration with Airbus, Ground FOMAX offers an IP connection that is VPN-secured between the aircraft and the ground. ACARS over IP enables airlines to send data using internet protocol over traditional VHF and safety SATCOM channels. This innovative technology solution decreases Kuwait Airways' reliance on conventional media and aids in easing VHF congestion in congested areas. Additionally, this technology enables airlines and operators to send and receive ACARS messages over the Internet or other IP-based networks. This provides a more efficient and cost-effective way to transmit ACARS messages, especially for airlines and operators that have a large fleet of aircraft.
The vhf air ground communication stations market covered in this report is segmented -
1) By Type: Desktop Air-Ground Communication Stations, Portable Air-Ground Communication Stations
2) By Airport Category: Commercial Service Airports, Cargo Service Airports, Reliever Airports, General Aviation Airports
3) By Application: Air Traffic Control System, Civil Aviation Air-Ground Communication, Military Aviation Communication, Other Applications
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Major companies operating in the vhf air ground communication stations market report are Northrop Grumman Corporation, Rockwell Collins, Raytheon Technologies Corporation, Becker Avionics GmbH, Viasat Inc., Thales Group, Honeywell International Inc., System Interface Ltd, Rohde And Schwarz GmbH And Co KG., Chengdu Spaceon Electronics Co. Ltd., Spectra Group, Jotron AS, Morcom International Inc., Aeronautical Radio of Thailand Limited, Leonardo S.p.A., Teledyne Technologies Incorporated, IACIT Technological Solutions, CommSystems Ltd, Elbit Systems Ltd., Selex ES, Harris Corporation, Cobham plc, General Dynamics Corporation, BAE Systems plc, Saab AB, Telephonics Corporation, CNS Systems AB, Alinabal Holdings Corporation, Selex ES Inc., Avionica LLC, Comant Industries Inc., ComNav Engineering Inc., EIZO Corporation, Astronics Corporation, Trig Avionics Limited, FreeFlight Systems, Garmin Ltd., Navtech Inc.
Contents of the report:
1. Executive Summary
2. VHF Air Ground Communication Stations Market Report Structure
3. VHF Air Ground Communication Stations Market Trends And Strategies
4. VHF Air Ground Communication Stations Market - Macro Economic Scenario
5. VHF Air Ground Communication Stations Market Size And Growth
…..
27. VHF Air Ground Communication Stations Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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