Multi-mode Receiver Market

Multi-mode Receiver Market worth $1.21 billion by 2022

According to the new research report "Multi-mode Receiver Market by Platform (Fixed Wing, Rotary Wing), Fit (Line-Fit, Retrofit), Application (Navigation & Positioning, Landing), Sub-System (ILS, MLS, GLS, VOR/DME), and Region - Global Forecast to 2022", The multi-mode receiver market is projected to reach USD 1.21 Billion by 2022, at a CAGR of 4.76% from 2017 to 2022. Increasing aircraft deliveries across the globe owing to the growing passenger traffic is is expected to drive the growth of the multi-mode receiver market.

Multi-mode Receiver Market

Browse 70 Market Data Tables and 44 Figures spread through 127 Pages and in-depth TOC on "Multi-mode Receiver Market - Global Forecast to 2022"

The fixed wing platform segment is projected to grow at the highest CAGR during the forecast period

Based on platform, the fixed wing segment of the multi-mode receiver market is projected to grow at the highest CAGR from 2017 to 2022. Each aircraft is fitted with a multi-mode receiver that helps the pilot by helping in navigation, positioning, and landing of the aircraft. The increasing demand for narrow body and wide body aircrafts from different airlines is expected to drive the multi-mode receiver market.

The retrofit segment is projected to grow at the highest CAGR during the forecast period

Based on fit, the retrofit segment is projected to witness the highest growth during the forecast period. The increase in the retrofit segment of multi-mode receiver market owing to the regulations that make multi-mode receiver a basic feature in any aircraft. Moreover, increasing retrofit activities in the retrofit market is expected to fuel the growth of retrofit segment of multi-mode receiver market.

Asia-Pacific is projected to be the fastest-growing market for multi-mode receiver during the forecast period

The multi-mode receiver market in the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. This anticipated high growth is mainly attributed to the increasing commercial and military aircraft deliveries of the region’s emerging economies, such as China and India. Furthermore, the rise in the air passenger traffic in these countries is also going to create a demand for more aircraft, which will, in turn, boost the for multi-mode receivers. The airspace modernization programs and adoption of satellite based augmentation system by various countries is going to drive the multi-mode receivers market in the coming years.

Major players operating in the multi-mode receiver market include Honeywell International Inc. (US), BAE Systems plc (UK), Rockwell Collins, Inc. (US), Leonardo S.p.A. (Italy), and Thales Group (France), SAAB AB (Sweden), Intelcan Technosystems Inc. (Canada), Indra Sistemas SA (Spain), VAL Avioinics Ltd. (US), Systems Interface Ltd. (UK). These players offer different products used in applications such as navigation, positioning and landing. They also have well-equipped manufacturing facilities and strong distribution networks across the North American, European, and Asia Pacific regions.

Don’t miss out on business opportunities in Multi-mode Receiver Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Multi-mode Receiver Market Size,  Share & Growth Report
Report Code
AS 5443
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Multi-mode Receiver Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved Protection Status

Digital Virtual Assistant - MarketsandMarkets