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Antenna, Transducer, and Radome Market Research Report Explores the Trade Trends for the Forecast 2030

The Antenna, Transducer, and Radome market is expected to cross US$ 10.30 billion mark in 2022 and is projected to hit US$ 21.75 billion by 2030, recording a CAGR of 13.3% during the forecast period.


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Suryakant Gadekar

5 months ago | 4 min read

The constantly increasing volume of commercial aircraft across the globe owing to rising demand for the same for global airlines is contributing to the increasing demand for antenna, transducer, and radomes. For instance, Qatar Airways in September 2022, awarded Inmarsat to supply in-flight connectivity (IFC) solution for its Boeing 787-9 and 737-10 aircrafts. Such contracts are influencing the rise in demand for aircraft antennas from the commercial segment, thereby contributing to the growth of the global antenna, transducer, and radome market.

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Companies profiled

L3Harris Technologies, Inc.

Thales Group

Lockheed Martin Corporation

Raytheon Technologies

General Dynamics Mission Systems, Inc.

In this report, the market has been segmented based on:

Platform:

Ground

Naval

Airborne

Product

Antenna

Transducer

Radome

Application:

Communication

Navigation

Surveillance

End User

Commercial

Military

Region

North America

Europe

Asia Pacific (APAC)

Rest of the World (RoW)

The radome segment accounted for a significant share in the global antenna, transducer, and radome market. This growth is attributed by the rising adoption of quartz fiber radome across all naval, airborne, and land platforms. The installation of quartz fiber is helping to increase sustainability across the land & naval vehicles and aircrafts. It also enhancing the overall quality of the radomes. For instance, The Aeronautical Development Agency (ADA) has awarded a contract to a British firm to supply quartz fiber composite radome for the Tejas Mk1 jets.

Recent Strategic Developments in Antenna, Transducer, and Radome Market

The antenna, transducer, and radome market has undergone several significant developments, and a few of these have been mentioned below:

Antennas for Communications (AFC) in January 2022 received a contract from the US Air Force to supply GBS radomes for the predator unmanned reconnaissance aircraft.

Meggitt in November 2020 secured a contract with Bae Systems for US$ 4.51 million to supply nose radome technology for Typhoon fighter jets.

Business Market Insights Antenna, Transducer, and Radome Market report 2030, discusses various factors driving or restraining the market, which will help the future market to grow with promising CAGR. The Antenna, Transducer, and Radome Market Research Reports offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Antenna, Transducer, and Radome Market is based on company profiles and their efforts on increasing product value and production.

Antenna, Transducer, and Radome Market research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers, and challenges.

The final report will add the analysis of the Impact of Covid-19 in this report Antenna, Transducer, and Radome Market.

Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Antenna, Transducer, and Radome Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Antenna, Transducer, and Radome Market is analyzed and depicted in the report.

Some of the companies competing in the Antenna, Transducer, and Radome Market are 

The report scrutinizes different business approaches and frameworks that pave the way for success in businesses. The report used expert techniques for analyzing the Antenna, Transducer, and Radome Market; it also offers an examination of the global market. To make the report more potent and easy to understand, it consists of infographics and diagrams. Furthermore, it has different policies and development plans which are presented in summary. It analyzes the technical barriers, other issues, and cost-effectiveness affecting the market.

Antenna, Transducer, and Radome Market Research Report 2030 carries in-depth case studies on the various countries which are involved in the Antenna, Transducer, and Radome Market. The report is segmented according to usage wherever applicable and the report offers all this information for all major countries and associations. It offers an analysis of the technical barriers, other issues, and cost-effectiveness affecting the market. Important contents analyzed and discussed in the report include market size, operation situation, and current & future development trends of the market, market segments, business development, and consumption tendencies. Moreover, the report includes the list of major companies/competitors and their competition data that helps the user to determine their current position in the market and take corrective measures to maintain or increase their share holds.

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What questions does the Antenna, Transducer, and Radome Market report answer about the regional reach of the industry

The report claims to split the regional scope of the Antenna, Transducer, and Radome Market.

How do the sales figures look at present How does the sales scenario look for the future

Considering the present scenario, how much revenue will each region attain by the end of the forecast period

How much is the market share that each of these regions has accumulated presently

How much is the growth rate that each topography will depict over the predicted timeline

The scope of the Report:

The report segments the Antenna, Transducer, and Radome Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the Antenna, Transducer, and Radome Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

Reasons for buy this Report

  • Highlights key business priorities to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Antenna, Transducer, and Radome market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest to components, type, and end-users.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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Email: sales@businessmarketinsights.com

Phone: +16467917070

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