The growth of the air travel industry and the essentiality of antennas for communication and navigation are anticipated to provide strong impetus to players in the global aircraft antennas market. The wide applications in business, commercial and military aircrafts will see great growth opportunities through the forecast period.
Growing size of fleets with efficient aircrafts is anticipated to be the primary driving factor behind the growth of the worldwide aircraft antenna market. This is particularly true in the emerging economies in Asia and Africa.
In addition to this, the defense sector is also anticipated to contribute significantly owing to the wide application ranging from encrypted communication frequencies, navigation, and interception of foreign communications.
The demand for aircraft antenna systems with advance communication capabilities are also finding greater demand owing to the increasing concerns over miscommunication between pilots and air traffic controllers, with potentially catastrophic consequences.
A growing number of airlines including Air New Zealand and Lion Air are seeing a number of their older aircrafts being phased out and replaced with newer counterparts, and this is anticipated to create lucrative growth opportunities for players in the aircraft antenna market.
Modernization in airspace, environmental concerns and new regulations such as the Advisory Circular AC43–14 of the Civil Aviation Authority of New Zealand, and technical communications by the European Aviation Safety Agency are also anticipated to help in growth of the market.
Major aircraft antenna market players including Cobham PLC, Sarasota Avionics, RAMI Antennas, and Honeywell International Inc., are putting higher emphasis on research and development activities for product development to meet the requirements of the modern global airspace.
The presence of numerous aircraft antenna manufacturers in North America such as Cobham PLC, Sarasota Avionics, RAMI Antennas among others is anticipated to be one of the primary factors behind the growth of the market in the region. In addition higher rate of research and development activities in the field in North America is providing faster access of newer technological improvements to consumers here.
Growing demand for improving accurate and durable communication and navigation systems in the European Airspace is anticipated to provide impetus to growth in the market. This is particularly true with the growth of air-freight transport in the region.
The report is compiled from well-researched first-hand information on the global aircraft antenna market based on quantitative and qualitative aspects of market trends, market attractiveness, and economic factors extracted by interactions with prominent industry experts.
Aircraft antennas can be broadly categorized on the terms of application, product type, sales channel, end user, and type of aircraft. On the basis of application aircraft antennas can be divided into communication surveillance and navigation. On the basis of product type, aircraft antennas can be divided in to DME, TCAS, Transponder, ILS, GPS, and VHF.
On the terms of sales channel, aircraft antennas can be categorized into OEM and aftermarket. On the basis of end users, aircraft antennas can be divided into business, commercial, and defense segments, and on the terms of aircraft type, aircraft antennas can be divided into rotary wing and fixed wing aircrafts.
The report given here about the aircraft antenna market provides assessment results at a regional and global level to identify and utilize essential data that has been supported with detailed research on aspects such as latent opportunities and competitive scenario.
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Aircraft Antenna Market
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