Press release
Global Military aircraft communication avionics Market to Reach $33.35 Billion by 2029, Growing at 5% CAGR
What combination of drivers is leading to accelerated growth in the military aircraft communication avionics market?Forward projection of the military aircraft communication avionics market is likely to be driven by the increase in defense budgets. Also known as the monetary allocation for military activities, the defense budget is used for the upkeep of an armed force and other defense methods. Factors influencing the defense budget include the state of the entity's economy, its financial constraints, and the willingness from the government or the public to fund military activities. These factors, subsequently, influence the entity's ability to support military activities, including military aircraft communication avionics. In April 2022, for example, the Stockholm International Peace Research Institute, a public research institute located in Solna, reported a 2.9% hike in Russia's military spending in 2021, scaling it up to $65.9 billion in 2022 to strengthen its troop deployment near the Ukrainian border. Hence, the surge in defense budgets potentially fuels growth in the military aircraft communication avionics market.
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What is the projected compound annual growth rate (CAGR) of the military aircraft communication avionics market from 2025 to 2034, and what factors influence it?
The market size for communication avionics in military aircraft has been expanding progressively over recent years. The market value, which is projected to rise from $26.23 billion in 2024 to $27.48 billion in 2025, will see a compound annual growth rate (CAGR) of 4.7%. The historical growth can be linked to the increasing need for secure and collaborative communication, the mounting intricacy of military tasks, worldwide military modernization schemes, a surge in unmanned aerial vehicle usage, and the military's shift towards network-centric warfare.
In the coming years, the market size for military aircraft communication avionics is predicted to expand steadily. By 2029, the market is projected to reach $33.35 billion, with a compound annual growth rate (CAGR) of 5.0%. The predicted growth during the forecast period is due to factors such as improved integration with command and control systems, strong cybersecurity measures, international geopolitical changes and threat scenarios, integration with upcoming airborne platforms and the growing need for multi-domain operations. Significant trends throughout this period will include the incorporation of software-defined radios (SDRs), next-generation airborne networks, cutting-edge data link technologies, improved voice and data fusion, and the embrace of anti-jamming technologies.
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How are the latest trends influencing the growth of the military aircraft communication avionics market?
Emerging technologies are rapidly becoming a significant trend within the military aircraft communication avionics marketplace. To maintain a strong presence in the market, numerous dominating enterprises are unveiling novel technologies. Specifically, in July 2022, Elbit Systems, a firm based out of Israel that specializes in military aircraft communication avionics, brought to light a cutting-edge technological vision suite for military helicopters, representing fifth-generation aircraft technology. This latest suite amalgamates an advanced sensor collection, a mission computer fortified by Artificial Intelligence (AI), and a one-of-a-kind Helmet Mounted Display (HMD) system. The suite provides pilots with a comprehensive, vibrant and real-time field of view, invaluable in tough weather conditions and poor visibility scenarios.
What are the major segments of the military aircraft communication avionics market and their role in driving growth?
The military aircraft communication avionics market covered in this report is segmented -
1) By Component: Antenna, Receiver, Transmitter, Display And Processors
2) By Aircraft Type: Training Aircraft And Helicopters, Combat Aircraft, Special Mission Aircraft, Tanker And Transport Aircraft, Combat Helicopters
3) By Solution: Satellite Communications(SATCOM), Very High Frequency(VHF) And Ultra High Frequency(UHF), High Frequency(HF) And MF(Medium Frequency)
4) By Sales Channel: Original Equipment Manufacturer(OEM), After market
Subsegments:
1) By Antenna: Communication Antennas, Navigation Antennas, Surveillance Antennas
2) By Receiver: VHF Or UHF Receivers, Satellite Communication Receivers, ELINT Or INT Receivers
3) By Transmitter: VHF Or UHF Transmitters, Satellite Communication Transmitters, Digital Transmitters
4) By Display And Processors: Control Displays, Data Processing Units, Integrated Display Systems
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Which regions are key players in the growth of the military aircraft communication avionics market?
Asia-Pacific was the largest region in the military aircraft communication avionics market in 2024. The regions covered in the military aircraft communication avionics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the military aircraft communication avionics market?
Major companies operating in the military aircraft communication avionics market include L3 Harris Technologies Inc., Raytheon Technologies Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, Thales Group, BAE Systems Plc., Honeywell Internatonal Inc., Elbit Systems Ltd., Genesys Aero systems, Moog Inc., Sagetech Avionics Inc., Iridium communications, Collins Aerospace, General Dynamics Corporation, Cobham plc, Viasat Inc., Saab AB, Aselsan A.S., Leonardo S.p.A., Airbus SE, Boeing Company, Kratos Defense & Security Solutions Inc., Comtech Telecommunications Corp., General Electric Company, Rohde & Schwarz GmbH & Co. KG, Orbit Communications Systems Ltd.
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What Is Covered In The Military aircraft communication avionics Global Market Report?
• Market Size Forecast: Examine the military aircraft communication avionics market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the military aircraft communication avionics market for a structured understanding.
• Key Players Overview: Analyze major players in the military aircraft communication avionics market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the military aircraft communication avionics market.
• Segment Contributions: Evaluate how different segments drive overall growth in the military aircraft communication avionics market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the military aircraft communication avionics market.
• Industry Challenges: Identify potential risks and obstacles affecting the military aircraft communication avionics market.
• Competitive Landscape: Review strategic developments in the military aircraft communication avionics market, including expansions, agreements, and new product launches.
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