USD 389.50 million
Aircraft Antenna Market Size, Share, Growth Analysis, By Application(Communication and Navigation & Surveillance), By End User(Original Equipment Manufacturer (OEM) and Aftermarket), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG20A2112 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
59
|Figures:
75
Aircraft Antenna Market Insights
Aircraft Antenna Market size was valued at USD 415.63 million in 2022 and is poised to grow from USD 443.52 Billion in 2023 to USD 745.68 Billion by 2031, at a CAGR of 6.71% during the forecast period (2024-2031).
With the aviation industry witnessing steady growth and technological advancements, the demand for sophisticated communication and navigation systems has soared.
Key market drivers include the increasing air passenger traffic, which has heightened the need for in-flight connectivity and entertainment, and the modernization of aircraft fleets to comply with safety regulations.
Additionally, the rising adoption of satellite communication technologies and the focus on aircraft connectivity and safety are propelling the demand for advanced aircraft antenna solutions. The market is experiencing a transition towards satellite-based communication systems, offering improved coverage and reliability, particularly for long-haul flights. Integration of multiple antennas, such as SATCOM, VHF, UHF, and Wi-Fi antennas, is becoming a prominent trend to optimize communication capabilities.
Advancements in phased array antennas are also garnering attention for their ability to electronically steered antenna beams, enhancing performance and bandwidth efficiency. Moreover, the demand for Ka-band antennas is on the rise, given their ability to support faster data transmission rates and enrich in-flight entertainment experiences.
The market's focus on antenna aerodynamics aims to reduce drag and fuel consumption, further enhancing aircraft performance. The adoption of 5G technology in aviation communication is a noteworthy trend, offering prospects for improved connectivity and supporting emerging aviation applications.
Additive manufacturing is gaining traction for producing antennas, enabling complex designs, reduced weight, and quicker production cycles. However, challenges persist, such as high initial costs, complex regulatory requirements, and compatibility issues with existing avionics.
US Aircraft Antenna Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Communication and Navigation
Fastest Growth
Communication and Navigation
Growth Rate
6.71% CAGR
Global Aircraft Antenna Market by application ($ Bn)
Country Share for North America Region (%)
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Aircraft Antenna Market Segmental Analysis
The global aircraft antenna market is segmented on the basis of application, end user, and region. Based on application, the market is bifurcated into communication, and navigation & surveillance. Based on end user, the market is bifurcated into original equipment manufacturer (OEM) and aftermarket. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Aircraft Antenna Market Analysis By Application
The largest segment is the communication & navigation category, accounting for a substantial market share of over 50%. This segment's dominance can be attributed to the ever-increasing demand for seamless and reliable in-flight communication systems and navigation capabilities to ensure safe and efficient air travel. As the aviation industry witnesses a surge in air passenger traffic and expansion of global routes, the need for enhanced communication and navigation technologies becomes paramount.
On the other hand, the "in-flight entertainment" segment emerges as the fastest-growing segment within the aircraft antenna market, showcasing a staggering growth rate of approximately 15% CAGR. With the advent of cutting-edge technologies, such as streaming services, high-definition content, and real-time connectivity, in-flight entertainment systems have become a crucial aspect of the overall travel experience. Airlines are increasingly investing in advanced antenna solutions to deliver a diverse range of entertainment options, keeping passengers engaged and satisfied throughout their journey.
Aircraft Antenna Market Analysis By End User
The largest segment is undoubtedly the original equipment manufacturer (OEM) category, commanding a significant market share of approximately 65%. This substantial share can be attributed to the thriving aerospace industry, witnessing an upsurge in new aircraft deliveries as airlines continually modernize their fleets to meet the growing air travel demands. As aircraft manufacturers integrate advanced antenna technologies directly into their newly manufactured planes, the OEM segment experiences steady growth, fostering technological advancements and meeting stringent regulatory requirements.
Meanwhile, the aftermarket segment emerges as the fastest-growing niche within the aircraft antenna market, boasting a remarkable growth rate of around 12% CAGR. As aircraft age, the need to replace or upgrade antenna systems becomes crucial to ensure optimal performance, comply with the latest communication standards, and deliver a seamless passenger experience. Additionally, technological innovations and rapid advancements in antenna design entice airlines to invest in aftermarket solutions, propelling the segment's growth further.
Global Aircraft Antenna Market by appication
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Aircraft Antenna Market Regional Insights
In the captivating realm of the global aircraft antenna market, two regions stand out prominently, with one dominating the landscape and the other showcasing remarkable growth potential. The dominating region is North America, reigning supreme with the largest market share in the aircraft antenna industry. The region's supremacy can be attributed to its strong presence of leading aerospace manufacturers and aviation technology pioneers. North America houses a vast fleet of modern aircraft, where cutting-edge antenna systems are seamlessly integrated into new planes, contributing to the region's unparalleled market dominance. Furthermore, the region's robust research and development investments in aerospace technologies continuously fuel innovation, cementing its position as the epicenter of the aircraft antenna market.
Concurrently, the fastest-growing region is the Asia-Pacific, witnessing a staggering surge in demand and technological advancements in the aviation sector. With the region experiencing a rapid rise in air passenger traffic and an expanding fleet, airlines are proactively seeking advanced antenna solutions to meet the escalating demands for in-flight connectivity and entertainment. Additionally, the emergence of budget airlines and increasing disposable incomes in the Asia-Pacific region further bolster the market's growth prospects. As airlines strive to provide a superior passenger experience and comply with international safety standards, the adoption of state-of-the-art antenna technologies skyrockets in the Asia-Pacific, positioning it as the beacon of opportunity in the global aircraft antenna market.
Global Aircraft Antenna Market By Geography
- Largest
- Fastest
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Aircraft Antenna Market Dynamics
Aircraft Antenna Market Drivers
Advancements in Satellite Communication Technologies
- Airlines are increasingly investing in in-flight entertainment systems to enhance the overall passenger experience. This trend boosts the demand for antennas capable of delivering high-quality streaming services and internet connectivity during flights.
- Technological advancements in satellite communication, including the deployment of high-throughput satellites, enable faster and more reliable data transmission, supporting the growth of aircraft antenna solutions.
Aircraft Antenna Market Restraints
Complex Regulatory Requirements
- The aircraft industry is subject to stringent regulatory standards and certifications. Complying with these requirements adds complexity and may increase the time and cost of introducing new antenna technologies.
- Aircraft antennas are exposed to harsh environmental conditions, including extreme temperatures, high altitudes, and turbulent weather. Ensuring the durability and reliability of antenna systems under these conditions poses technical challenges.
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Aircraft Antenna Market Competitive Landscape
The major participants in the global aircraft antenna market are actively engaging in research and development efforts. Additionally, they are dedicating resources to product development and introducing innovative products to reach a broader range of customers. Moreover, these players are forming partnerships with various end-user industries to enter regional markets effectively.
Aircraft Antenna Market Top Player’s Company Profiles
- Cobham plc - United Kingdom
- Harris Corporation - United States
- Honeywell International Inc. - United States
- Collins Aerospace (a unit of Raytheon Technologies Corporation) - United States
- The Boeing Company - United States
- L3Harris Technologies, Inc. - United States
- Airbus SE - Netherlands
- Gilat Satellite Networks Ltd. - Israel
- Gilardoni S.p.A. - Italy
- Saab AB - Sweden
- RAMI - Radeberger Maschinenbau GmbH - Germany
- Thales Group - France
- Antcom Corporation - United States
- Trivec Avant Corporation - United States
- Terma A/S - Denmark
- CPI Satcom & Medical Products - United States
- Astronics Corporation - United States
- MTI Wireless Edge Ltd. - Israel
- QinetiQ Group plc - United Kingdom
- Viasat, Inc. - United States
Aircraft Antenna Market Recent Developments
- In May 2021, NASA researchers achieved a groundbreaking development by creating a unique aerogel capable of producing flexible and lightweight antennas for potential application in upcoming aircraft, including electric-powered cargo-carrying drones and passenger-carrying air taxis.
- In March 2021, Thinkom Solutions Inc. unveiled an innovative product variant of its VICTS aero satellite communication antennas.
Aircraft Antenna Key Market Trends
Focus on Antenna Aerodynamics
- Aircraft manufacturers and operators are placing significant emphasis on antenna aerodynamics to minimize drag and reduce fuel consumption. Streamlined antenna designs are being developed to maintain optimal aircraft performance and fuel efficiency.
Use of 5G Technology
- As 5G technology continues to roll out globally, there is an increasing interest in leveraging its capabilities for aviation communication. The aircraft antenna market is exploring the integration of 5G antennas to enhance connectivity and support emerging aviation applications.
Aircraft Antenna Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our analysis, The global aircraft antenna market is witnessing robust growth, driven by factors such as increasing air passenger traffic, the demand for in-flight connectivity and entertainment, and the modernization of aircraft fleets. Advancements in satellite communication technologies, integration of multiple antennas, and the adoption of phased array and Ka-band antennas are shaping the market. The focus on antenna aerodynamics, 5G technology integration, and additive manufacturing for antenna production are prominent trends.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 415.63 million |
| Market size value in 2031 | USD 745.68 Billion |
| Growth Rate | 6.71% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Aircraft Antenna Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Aircraft Antenna Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Aircraft Antenna Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Aircraft Antenna Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Aircraft Antenna Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Aircraft Antenna Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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