Global Aircraft Antenna Market

Aircraft Antenna Market Size, Share, Growth Analysis, By Application(Communication and Navigation & Surveillance), By End User(Original Equipment Manufacturer (OEM) and Aftermarket) - 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 389.50 million in 2021 and is poised to grow from USD 415.63 Billion in 2022 to USD 698.80 Billion by 2030, at a CAGR of 6.71% during the forecast period (2023-2030).

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.

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Aircraft Antenna Market size was valued at USD 389.50 million in 2021 and is poised to grow from USD 415.63 Billion in 2022 to USD 698.80 Billion by 2030, at a CAGR of 6.71% during the forecast period (2023-2030).

The major participants in the 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. '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'

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.

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.

In the captivating realm of the 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.

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Global Aircraft Antenna Market

Product ID: SQMIG20A2112

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