Global Aircraft Antenna Strategic Business Report 2023: New Era of Connected Aircraft Brings a Wealth of Opportunities

Dublin, April 14, 2023 (GLOBE NEWSWIRE) -- The "Aircraft Antenna: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Aircraft Antenna estimated at US$461.7 Million in the year 2022, is projected to reach a revised size of US$822.6 Million by 2030, growing at a CAGR of 7.5% over the analysis period 2022-2030.

Fixed, one of the segments analyzed in the report, is projected to record 7.4% CAGR and reach US$569.7 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Rotary segment is readjusted to a revised 7.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $171.8 Million, While China is Forecast to Grow at 8.7% CAGR

The Aircraft Antenna market in the U.S. is estimated at US$171.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$88 Million by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.3% and 7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR.

Select Competitors (Total 43 Featured) -

• ACR Electronics, Inc
• Aeronautical Accessories, Inc (Bell, Textron Inc)
• Amphenol Corporation
• Antcom Corporation
• Astronics Corporation
• Azimut
• Beijing BDStar Navigation Co., Ltd
• Cobham Limited
• Collins Aerospace
• Emergency Beacon Corporation
• Honeywell International Inc
• HR Smith Group of Companies
• JDA Systems
• L3Harris Technologies Inc
• RAMI
• Sensor Systems Inc
• Spectrum Antenna & Avionics Systems (P)Ltd
• Stt-systemtechnik GmbH
• Smiths Interconnect
• The Boeing Company
• Trig Avionics Limited
• U B CORPORATION
• Verdant Telemetry & Antenna Systems

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Attributes:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Aircraft Antenna - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Felled by the COVID-19 Pandemic, the Airline Industry Bites the Dust Sending Shockwaves of Pain Ripping Through the Aerospace Value Chain
• A Severely Battered Global Economy Struggles to Revive
• COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
• A Slumping Manufacturing Industry Darkens the Outlook for Aircraft Manufacturing. Aircraft Antenna Manufacturers Stare at US$55.2 Million in Losses for the Year 2020
• Manufacturing Industry Collapses, Severing Business as Usual Opportunities for Aircraft Antennas: Global PMI Index Points for the Years 2018, 2019 & 2020
• As Coronavirus Spreads, the Grounded Aviation Industry Transfers the Economic Pain to Upstream Markets Including Aircraft Antennas: Global Airlines Performance by Region: 2020 Vs 2019
• With the Aviation Industry on the Brink of Annihilation, Aircraft Assembly Lines Will Take Longer to Recover: Expected Revenue Losses in Global Aviation (In US$ Billion) for the Year 2020
• Rising Bankruptcies Bear Testimony to the Devastation Unleased by the Pandemic on the Commercial Aviation Industry: Global Number of Airline Bankruptcies for the Years 2015, 2018, 2020 (1H)
• Even if the Pandemic Ends, the Economy Can Keep People from Flying: Unemployment in the U.S. (In Million)
• Declines in Air Cargo Worsens an Already Punishing Business Climate
• Logistics Similar to Passenger Travel Also Bears the Brunt of the Pandemic: Global Logistics Industry 2019 Vs 2020 Growth (In %)
• As the World Moves Towards Context Aware Aircraft, the Role of Antennas Will Get Bigger. Here's Why
• The Importance of Communication in Aircraft
• Significance of Antennas in Communication Systems
• Aircraft Antennas & Their Types: A Review
• Recent Market Activity
• Innovations

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• The New Era of Connected Aircraft Brings a Wealth of Opportunities for Innovation & Development of Antenna Systems
• Robust Outlook for the Future of Connected Aviation to Open Up Aircraft Connectivity Challenges for Antennas to Solve: Global Number of Connected Aircraft (In Units) for the Years 2016, 2018, 2021, 2025 & 2029
• Post COVID-19 Focus on Lowering Aviation Carbon Footprint to Drive Bigger Roles for Satellite Communications in Aviation
• Here's Why the Environment & Sustainability Will be Top Priorities After the Pandemic
• Weathering the Economic Storm Does Not Mean Disregarding the Environment! Now is the Time for a World Which Prioritized Defense Over Health & Environment to Wake Up: Global Defense, Health & Energy R&D as a % of GDP
• Post COVID-19 Focus on Lowering Aviation Carbon Footprint to Drive Bigger Roles for Satellite Communications in Aviation
• Compliance Standards for Reducing Emissions from Aviation to Become Stricter, Post Pandemic: Global GHG Emissions from Transportation (In Billion Metric Tons of CO2) for the Year 2021
• Global CO2 Emissions (In Billion Metric Tons) for the Year 2021
• New Satellite Based Communication Systems Help in Achieving Flight Operational Efficiency, Fuel Saving & CO2 Emission Reductions: Potential Global CO2 Emission Benefit Offered by Satellite Communications (In Million Tons Per Year)
• The Age of Automation & Machines That Will Follow the Pandemic Will Throw Up Opportunities in the UAV Space
• A Peek Into the Evolving Landscape of UAVs
• Here's How UAV Antennas are Benefiting & Evolving In Response to the Dynamics of Commercial UAV Deployment
• A Robust Production Line for UAVs Post Pandemic Brings a Wealth of Opportunities for Aircraft Antennas: Number of Countries Worldwide Using Drones/UAVs by Type for the Years 2010 & 2020
• When Grounded Flights Take to the Skies Post Pandemic, Pent Up Demand for Aftermarket Antennas Will Come from the MRO Sector
• "Bloodbath" in the Airline Industry Impacts the MRO Sector
• Looking Beyond Current Challenges & Moving Forward in the New Normal
• Embattled Airlines Worldwide Park Thousands of Airplanes Creating an Unprecedented Challenge for Keeping Them Airworthy: Global Number of Jet Planes Parked at the Peak of the Pandemic in April 2020
• When Aircraft Queue-Up in Hangars Across the World After Idling for Months, A Recovering MRO Market Will Drive Upgrades & Replacements of Antennas: Global Market for MRO (In US$ Million) for Years 2021, 2023, 2025, 2027
• Long-Term Growth for Advanced Aircraft Antennas Will be Led by Airspace Modernization Programs
• In-Flight Entertainment and Connectivity (IFEC) Presents a Strong Business Case for Aircraft Antennas
• A Peek Into the Evolving In-Flight W-Fi Landscape
• Supported by Satellite Antennas, Satellite Connectivity Becomes Vital for Ensuring High Quality In-Flight Wi-Fi
• Antennas Perform the Magic of Providing Wi-Fi on Airplanes
• Better Antennas Are Needed for Better Internet Freedom in the Air. As Key In-Flight Wi-Fi Components, Antennas to Benefit from the Roust Demand for In-Flight Wi-Fi Service: Global Market for In-Flight Wi-Fi (In US$ Billion) for Years 2021, 2023, 2025, 2027
• Stringent Regulatory Norms Expands Replacement Opportunities While Stepping Up Quality Pressures on Manufacturers
• Emerging New Technologies for Urban Mobility to Step-Up the Excitement in the Market, Post Pandemic
• Commercialization of eVTOL Aircraft Opens Up a New Growth Avenue
• The Exciting Future of Flying Taxis Will Lift-Off New Opportunities for Aircraft Antennas by 2035: Global Number of Passenger Drones (In Units) for Years 2025, 2030, 2035
• Increasing Use of Aerial Telemetry & Flying Antennas to Spur Demand & Innovation in the Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/tbdbp2

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Attachment

• Global Market for Aircraft Antenna