Aircraft Antenna Market

Market Leader - Aircraft Antenna Market

The global aircraft antenna market size is projected to grow from USD 203 million in 2020 to USD 403 million by 2025, at a CAGR of 14.7% from 2020 to 2025. The market is driven by various factors, such as the growing trend of modernization of aerospace sector and the rising demand for UAVs, globally

L3Harris Technologies, Inc. (US), Honeywell International Inc. (US), Cobham Limited (UK), Collins Aerospace (US), The Boeing Company (US) among others, are some of the leading players operating in the aircraft antenna market. These players have adopted various organic and inorganic growth strategies to strengthen their position in the market. These include new product developments, contracts, partnerships, expansions, agreements, acquisitions, and research & development (R&D) activities further to expand their presence in the aircraft antenna market.

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L3harris technologies corporation is the prominent player in the aircraft antenna market. The company offers a wide range of aircraft antenna products for various applications and has a strong customer base of top aircraft manufacturers. Harris, with a significant R&D investment valued at around USD 330 million in 2019, has created a new demand in aircraft antenna by launching innovative navigation, surveillance, and communication products for the aviation industry. The growth of the company is driven by strong customer relationships, cutting-edge technologies, and strategic partnerships with leading companies in the aircraft antenna market.

Cobham has a strong presence in the aircraft antenna market and is ranked second, after L3Harris technologies corporation. The company is focused on acquiring contracts to strengthen its position in the aircraft antenna market. Cobham operates through its four business segments, namely, communications & connectivity, mission systems, advanced electronic solutions, and aviation services: serving global civil, commercial, and military customers. The company has strengthened its position in the aviation communication sector through innovation, strategic partnerships, and a wide range of reliable product offerings.

Honeywell International Inc. (US) is estimated to be the one of the leading players in the aircraft antenna market. The main strategy of the company is to develop innovative and high-efficiency products by investing a significant amount of its revenue in R&D. The company is a leading player in the North American and European regions, having a wide product portfolio for aircraft antenna. Honeywell International Inc. is engaged in the supply of aircraft engines, integrated avionics systems solutions, and related products for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors. The company offers antenna and electronic systems for business jets and airlines/cargo in the commercial aviation industry. The company provides quality products and services to its customers by involving itself in the field of commercial aviation and bringing in various innovations. Its commitment to quality and consistent improvement in products make it one of the leading suppliers of navigational and communication system across the globe.

Collins Aerospace (US) is into designs and manufactures service systems, components, and integrated solutions for commercial, regional, business, and military aircraft and helicopters. The company has a wide range of offerings for commercial aviation, including power generation, management, and distribution systems; flight and engine control systems; intelligence, surveillance, antenna and reconnaissance systems; engine components; environmental control systems; fire protection and detection systems; propeller systems; aircraft nacelles; and interior, actuation, landing, and electronic systems. The company intends to grow through technological developments; it has initiated key technologies such as building a more intelligent air data system and developing composite materials that are strong and lightweight.

Boing is also one of the major players in the aircraft antenna market. Boeing has adopted the strategy of incremental innovation to upgrade its existing systems, maximize customer benefits, and minimize developmental risks. The company focuses on acquiring contracts and launching new products to broaden its product portfolio. Boeing has a strong financial record paired with immense resources in the form of workforce and innovation. This makes the company one of the strong players in the market.

Related Reports:

Aircraft Antenna Market by Platform, End Use (OEM, Aftermarket), Installation, Wing Type (VHF/UHF Band, KA/KU/K Band, HF Band, C Band, X Band, L Band, Others) , Application, Frequency, Antenna Type , and Region - Global Forecast to 2025

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Report Code
AS 5767
RI Published ON
10/1/2020
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