Military aircraft communication avionics Market By Aircraft Type (Combat Aircraft, Special Mission Aircraft, Tanker and Transport Aircraft, Combat Helicopters, Training Aircraft and Helicopters), By Component (Antenna, Transponder, Receiver, Transmitter,

Military aircraft communication avionics Market By Aircraft Type (Combat Aircraft, Special Mission Aircraft, Tanker and Transport Aircraft, Combat Helicopters, Training Aircraft and Helicopters), By Component (Antenna, Transponder, Receiver, Transmitter, Display and Processors), By Sales Channel (OEM, Aftermarket), By Solution (SATCOM, VHF and UHF, HF and MF): Global Opportunity Analysis and Industry Forecast, 2020-2030

Military aircraft communication avionics can be identified as electronics and communication systems that are integrated into military aircraft. Aircraft communication avionics are used to perform air to air and air to ground communication. The form of communication can be in terms of data transfer or voice-over communications. Rise in dependency on communications and data analysis for a range of critical operations has increased demand for effective communication channels with minimum lag. Conventionally radio communication with high frequency (HF), very high frequency (VHF), and ultra-high frequency (UHF) are used for military aircraft communication, however, with the advent of satellite communication (SATCOM) technologies, new business horizons have been forecasted. Defense organizations across the globe are inclined toward integrating their military aircraft communication avionics system with SATCOM technologies as they provide notable beyond visual line of sight (BVLOS) communication capabilities on a much more secure source.

The growth of the military aircraft communication avionics market is driven by factors such as a rise in geopolitical conflicts across the globe, increase in defense budgets, and demand to modernize communication avionics of existing aircraft fleet to support growth of the military aircraft communication avionics market during the forecast period. Countries such as Russia, China, India, and Japan have increased their defense budget by 2.9%, 4.7%, 0.9%, and 7.3%, respectively in 2021, as compared to previous years. Rise in impact of global economies and electronic component supply chain at the global level has been enormous. Degrading global trade relations and restrictions placed by several nations over others have generated demand to diversify the supply chain at the regional level in the military communication avionics industry to ensure a continuous supply of critical components. Shortage in supply of electronics chips also impact the military aircraft communication avionics market. Rise in demand for consumer electronics induced by chips, coupled with trade restrictions due to COVID-19 has generated a global shortage of electronic chips. Hence, to address rise in market challenges, defense bodies are engaged in long-term agreements with companies, mitigating short-term challenges. For instance, Finland entered into an agreement with Lockheed Martin to acquire 64 F-35A Block 4 fighter aircraft along with weapons, communication systems, and required training. The program is expected to last till 2030 and the weapons procurement will be done by 2035, depending upon the availability of funds.

The global military aircraft communication avionics market is segmented into aircraft type, component, sales channel, solution, and region. By aircraft type, it is categorized into combat aircraft, special mission aircraft, tanker & transport aircraft, combat helicopters, and training aircraft & helicopters. Depending on component, it is fragmented into antenna, transponder, receiver, transmitter, and display & processors. By sales channel, it is divided into original equipment manufacturer (OEM), and aftermarket. The solution segment is divided into satellite communication (SATCOM), very high frequency & ultra-high frequency (VHF & UHF), and high frequency & medium frequency (HF & MF). Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Companies have adopted product development and product launch as their key development strategies in the military aircraft communication avionics industry. Moreover, collaborations and acquisitions are expected to enable leading players to enhance their product portfolios and expand into different regions. The Key players operating in the military aircraft communication avionics market are Appareo, Aspen Avionics, Avidyne Corporation, BAE System, Boeing, Cobham Limited, Honeywell International Inc., L3Harris Technologies Inc, Raytheon Technologies Corporation, and Thales Group.

KEY BENEFITS FOR STAKEHOLDERS

This study presents the analytical depiction of the global military aircraft communication avionics market analysis along with the current trends and future estimations to depict imminent investment pockets.
The overall military aircraft communication avionics market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global military aircraft communication avionics market with a detailed impact analysis.
The current military aircraft communication avionics market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Aircraft Type

Training Aircraft and Helicopters
Combat Aircraft
Special Mission Aircraft
Tanker and Transport Aircraft
Combat Helicopters

By Component

Antenna
Transponder
Receiver
Transmitter
Display and Processors

By Sales Channel

OEM
Aftermarket

By Solution

SATCOM
VHF and UHF
HF and MF

By Region

North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Spain
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest Of Asia Pacific
LAMEA
Latin America
Middle East
Africa

Key Market Players

Raytheon Technologies
Thales group
Appareo
Aspen Avionics
Avidyne Corporation
BAE System
Boeing
Cobham Limited
Honeywell International Inc.
L3Harris Technologies