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Aircraft Antennas Market to Exhibit 7.49% CAGR by 2026; Rising Adoption of MAGNA Technology to Boost Growth

March 26, 2020 | Aerospace & Defense

The global aircraft antennas market size is projected to reach USD 626.6 million by 2026. It would gain impetus from the rising utilization of a technologically advanced anti-jam GPS navigation antenna named MAGNA. It was developed jointly by BAE Systems and Mayflower Communications. It is mainly used during battlefield operations in military aircraft. This information is published by Fortune Business Insights in a recent study, titled, “Aircraft Antennas Market Size, Share and Industry Analysis By Platform (Fixed-Wing, Rotary-Wing), By Frequency Band (VHF & UHF Band, Ka/Ku/K Band, HF Band, X Band, and C Band Others), By End-User (OEM, Aftermarket), By Application (Communication, Navigation & Surveillance) and Regional Forecast 2019 to 2026.” The study further states that the market stood at USD 472.4 million in 2018. But, it would exhibit a CAGR of 7.49% during the forecast period between 2019 to 2026.


Boeing Launches Flat Satellite Communications (SATCOM) Broadband Antenna


Boeing Phantom Works, a research and development organization under the Boeing Company, unveiled the latest flat satellite communications (SATCOM) broadband antenna. It is specially designed to bring in high-speed data to the military aircraft. The multi-channel terminal, as well as the low-profile electronically steered flat conformal antenna would be taken under production in 2020. The launch consumer is likely to be MQ-25, the Navy’s unmanned mid-air refueling tanker. Boeing is presently developing this tanker under a contract worth USD 805 million. According to the company officials, another potential consumer is likely to be a fixed-wing aircraft named V-22 Osprey by Marine Corps.


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/aircraft-antennas-market-102533


Increasing Demand for Innovative Aircraft to Augment Growth


In today’s technology driven world, the demand for novel aircraft is rising day by day. Prominent organizations are striving to manufacture and deliver such aircraft to cater to the growing demand of the masses. Several countries are experiencing upgradation of the air traffic management infrastructure. It is occurring to refine the efficiency of the aviation industry globally. Aircraft antennas aids in remoulding the connectivity of the aircraft. These factors are set to accelerate the aircraft antenna market growth in the coming years. However, a rapid decline in the number of aircraft orders may obstruct market growth.


Key Players Focus on Bagging Contracts to Gain Competitive Edge


Many companies operating in the market are either trying to follow the latest aircraft antenna market trends or are achieving new contracts from other reputed enterprises to deliver new products. Their main aim is to increase sales and gain more consumers. They are also working persistently to develop Nano size aircraft that would be cost-effective at the same time.


A Significant Industry Development-



  • October 2017: Cobham Antenna Systems, a designer and manufacturer of airborne communications and navigation antennas, headquartered in the U.K., received a brand new contract from Korea Aerospace Industries Ltd (KAI), an aerospace and defense company based in South Korea. This contract would enable Cobham to develop and provide a fully conformal antenna suite. It will be used in the KAI’s next-generation fighter aircraft called KF-X. These new antennas support reduced life-cycle repair costs, improved aerodynamics, and low drag, unlike the conventional antennas.


Fortune Business Insights™ profiles a list of companies present in the aircraft antennas market. They are as follows:



  • Cobham plc

  • TECOM Investment FZ‐LLC

  • Azimut Benetti S.p.A.

  • McMurdo Limited

  • Antcom Corporation

  • Honeywell International Inc.

  • Harris Corporation

  • The Boeing Company

  • Other key market players  


Further Report Findings-



  • North America generated USD 201.1 million aircraft antenna market revenue owing to the upsurging adoption of UHF equipped military UAVs for border surveillance.

  • By frequency band, the X band segment held 17% million aircraft antenna market share in 2018 backed by the usage of in-flight radar communication.

  • Based on platform, the fixed-wing segment would showcase the fastest growth on account of the rising investments by the governments of various countries worldwide.


The aircraft antenna market can be segmented in the following way:


















































SEGMENTATION



DETAILS



Study Period



  2015-2026



Base Year



  2018



Forecast Period



  2019-2026



Historical Period



  2015-2017



Unit



Value (USD Million)



By Platform




  • Fixed-Wing

    • Commercial Aircraft

    • Business Aircraft

    • Regional Jets

    • General Aviation

    • Military Aircraft

    • UAVs



  • Rotary-Wing

    • Military Helicopter

    • Civil Helicopter

    • 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




  • Communication

  • Navigation & Surveillance



By Region




  • North America (the U.S. and Canada)

  • Europe (France, Italy, Russia, Germany, the U.K., and Rest of Europe)

  • Asia Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia Pacific)

  • Rest of the World (Latin America and the Middle East & Africa)


Aircraft Antennas Market
  • PDF
  • 2018
  • 2015-2017
  • 200

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

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