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Aerospace Radome Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2026

02-28-2017 01:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR

Aerospace Radome Market - Global Industry Analysis, Size,

A radome is a structural enclosure which protects a microwave antenna. It is constructed with materials that do not interfere with electromagnetic signal transmission. In addition, it is weatherproof in nature. The radomes are used in aircrafts to efficiently transmit communication. The aerospace radome market is expected to grow due to increasing demand for commercial and military aircrafts globally.

The market for aerospace radomes is expected to grow substantially due to several attributes of radomes. These radomes are used to protect the antenna from extreme weather conditions. In addition, the integration of radomes improves the system availability and performance as the antenna does not come in directly contact with wind, rain or ice. In addition, the use of radomes in aircraft antennas reduces the maintenance cost largely as the antenna stays protected during travel which helps in undisturbed communication. Moreover, the designs of the radomes are aesthetically pleasing and can be used to effectively conceal the equipment inside the dome.

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These factors are boosting the demand for radomes in aerospace industry. In addition, the global rise in disposable income is leading to increase in commercial air travel. This is in return is creating a demand for commercial aircrafts. Furthermore, the developing countries like India and China are investing in defense sector to secure their airspace by purchasing advanced military aircrafts. This factor is also expected to boost the market for aerospace radomes during the forecast period. Furthermore, the aerospace radomes are also required to maintain the aerodynamic design of the aircraft.

However, there are certain restraining factors which are hindering the demand for aerospace radome to certain extent. The radome installed might malfunction and interrupt with communication at times which becomes risky during air travel. This factor can reduce the demand for radome during the forecast period. Nevertheless, ongoing technological innovation is resulting in the manufacturing of radome which will not interrupt with the electromagnetic signals.

Furthermore, the report will look into the key trends in relation with the aerospace radome market in order to get a better understanding. Moreover, the report will also include the porter’s five forces related with the aerospace radome in order to understand the macro environment of the market. Going further, the market attractiveness will also be provided in the study.

The global aerospace radome market has been segmented into type, aircraft type and regions. In terms of product type, the market can be segregated into nose radome and other radome. In terms of aircraft type, the market can be bifurcated into commercial aircraft, regional aircraft, general aviation, helicopter and military aircraft. The majority of the market is captured by nose radome as they are present in most of the aircrafts manufactured. Moreover, the nose radome are more effective as it directly protects the aircraft equipments from interference cause by high speed wind, snow and rain.

By geography, the global aerospace radome market has been segmented in to five strategic regions which include North America, Europe, Asia Pacific, Middle East and Africa and Latin America. The recent recovery from recession is expected to drive the aerospace radome market in North America and Europe. Moreover, the increasing trend of globalization and ecotourism has increasing the need for air travel. This in return is creating a demand for commercial aircrafts. The increase in aircraft order is directly driving the market for aerospace radomes. Furthermore, the presence of developing regions like India and China in Asia Pacific is further driving the market for commercial air travel which is pushing the demand for radome in this region.

The global aerospace radome market is witnessing intense competition from leading players. Some of the major players in the market include Airbus, General Dynamics, Saint- Gobain, Meggitt, Nordam, Starwin Industries, Kaman Corporation, Orbital ATK, Kitsap Composites and Jenoptik among other players.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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