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:*

*Report Attribute* *Details*
No. of Pages 438
Forecast Period 2022 - 2030
Estimated Market Value (USD) in 2022 $461.7 Million
Forecasted Market Value (USD) by 2030 $822.6 Million
Compound Annual Growth Rate 7.5%
Regions Covered Global

*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

*About ResearchAndMarkets.com*
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

*Attachment*

· Global Market for Aircraft Antenna

CONTACT:
CONTACT: ResearchAndMarkets.com
Laura Wood,Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900