Aircraft Antennas Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Aircraft Antennas Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Aircraft Antennas Market

The aircraft antennas market size was valued at USD 389.5 million in 2021, and the market is now projected to grow from USD 400.7 million in 2022 to USD 631.1 million by 2029, exhibiting a CAGR of 6.71% during the forecast period of 2022-2029.

The global COVID-19 outbreak that has affected aircraft antenna market and thereby reducing the aircraft antenna market potential compared to the initial forecast in all regions. Our research shows that the market was down by -17.35 % in the year 2020 for the year 2019. This decline is a feature of the pandemic with problems that arose in the aviation industry in terms of production and sales. With the gradual increase in demand for airplanes and their communication systems, it is expected that the market for aircraft antennas will gradually improve in future years.

The growth of the aircraft antennas market is triggered by the current high activity in upgrading military and business aviation aircraft, interest in expanding drone use in military training, and the growing use of modern communication and navigation equipment. Military organizations are also spending heavily on growing its use of military-grade drones in warfare and where communication is paramount. Through innovation and efficiency in their operations, the manufactures are positively driving the market. All these trends depict a very healthy growth of the market given the fact that technology is set to define the aerospace industry further.

There is an increasing trend in the aerospace and defense industry for using the technique of 3D printing microwave components and electromagnetic structures. A main benefit of this on-site production is therefore that transport costs and time as well as overall throughput time will decrease because not only the product but also parts and sub-assemblies can be procured on site. Compared with conventional systems, where parts can be made to order or after the fact with additive manufacturing, specialized pieces can be made at the point of use and probably quicker. This shift alone leads to simplification of operation while it also promotes improvement of solutions that are unique to the required specifications.

Comprehensive Analysis of Aircraft Antennas Market

The aircraft antennas market growth is rising at an exponential rate due to its market segmentation. This market expansion rightly provides a thorough market breakdown near to the industry considering the leading supply and demand forces. These segmentations are methodically segregated by platform analysis, by frequency band analysis, by end-user analysis, and by application analysis. By platform analysis include fixed-wing and rotary-wing. By frequency band analysis include VHF & UHF band, Ka/Ku/K band, HF band, X band, C band, and others. By end-user analysis include OEM and aftermarket. By application analysis include commercial and navigation & surveillance.

The North America region lead the aircraft antennas market share by benefitting a market size of USD 163.9 million in 2021 due to the presence of a well-flourished aviation industry.

The top players in the markets have a central responsibility in the aerospace & defence industry to be sure of industrial prospectus development and to establish the market norms. These players include, Antcom Corporation, Smiths Interconnect, Boeing, Cobham Limited, Honeywell International Inc., L3Harris Technologies, Inc., Maxtena Inc., Harxon Corporation, Chelton Limited, Sensor Systems these market players provide a level-playing competitive landscape.

In May 2021, Antcom Corporation announced the delivery of its high-filtering antennas with interference robustness, designed to protect GPS L1 and L2 signals by rejecting out-of-band interference through high-filtering amplifiers.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2018-2029

Base Year 2021

Estimated Year 2022

Forecast Period 2022-2029

Historical Period 2018-2020

Unit Value (USD million)

Segmentation By Platform

Fixed-Wing

Commercial Aircraft

Business Aircraft

Regional Jets

General Aviation

Military Aircraft

Fixed-Wing UAVs

Rotary-Wing

Military Helicopter

Civil Helicopter

Rotary Wing UAVs

By Frequency Band

VHF & UHF Band

Ka/Ku/K Band

HF Band

X Band

C Band

Others

By End-user

OEM

Aftermarket

By Application

Commercial

Navigation & Surveillance

By Geography

North America (By Platform, Frequency Band, End-user, Application, Country)

U.S. (By Platform)

Canada (By Platform)

Europe (By Platform, Frequency Band, End-user, Application, Country)

U.K. (By Platform)

Germany (By Platform)

France (By Platform)

Italy (By Platform)

Russia (By Platform)

Rest of Europe (By Platform)

Asia Pacific (By Platform, Frequency Band, End-user, Application, Country)

China (By Platform)

India (By Platform)

Japan (By Platform)

Australia (By Platform)

South Korea (By Platform)

Rest of Asia Pacific (By Platform)

Rest of the World (By Platform, Frequency Band, End-user, Application, Sub-Region)

Latin America (By Platform)

Middle East & Africa (By Platform)

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