Aircraft Radome Market - Industry Overview, Key Developments and Forecast to 2025
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  • Aircraft Radome Market - Industry Overview, Key Developments and Forecast to 2025

    (Transportation-News.com, April 12, 2018 ) The global aircraft radome market is estimated to grow at a CAGR of 7.2% during the forecast period 2017 – 2025 and accounts for US$ 741.47 Mn in the year 2025.
    The most widely used radome in modern aircrafts is the nose radome, and due to this, the segment contributed the maximum market share of 67.0% in 2016. The segment is also projected to surge at a faster pace as compared to other radome installed on aircraft. This is due to the fact that, the nose radome occupy less space than fuselage mounted radome, resulting in better operational efficiency. In addition, the nose radome eliminates moisture propagation and moisture intrusion, which are the major factors damaging the radars.
    In our study, we have segmented the aircraft radome market by design type, material type and aircraft type. The design type segment of aircraft radome market includes nose radome and fuselage mounted radome. Furthermore, the material type segment has been subdivided into glass fiber radome, resin radome and quartz radome that are used to manufacture radomes.

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    In order to protect the sophisticated radar or antennas, the aircraft radome manufacturers catering to military aircrafts, manufacture the radome with high end technologies and advanced composites, which increases the interest among the end users. Thus fueling the growth of market for aircraft radome in the coming years.
    The report’s intension is to boost growth of market for aircraft radome is highly influenced by the remarkable growth in air travel across the globe. The growth in air travel has increased significantly over the years due to increase in disposable income among the middle class society and upper middle class society worldwide. Moreover, reduction in travel time and comfort ability is also acting as a growth factor for commercial aviation as well as military aviation.
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    Segmentations Covered in the Aircraft Radome Market:
    Overview: Global Aircraft Radome Market – By Type, By Material Type, By Aircraft Type, By Geography
    Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)
    Reason to buy:
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    Some of the leading players in Aircraft Radome Report:
    1. Airbus S.A.S
    2. General Dynamics Corporation
    3. Jenoptik AG
    4. Kitsap Composites
    5. Meggitt PLC
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    About The Insight Partners:
    The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
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    Source: EmailWire.Com

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