Dublin, Nov. 10, 2020 (GLOBE NEWSWIRE) -- The "Airport Antenna Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Airport Type, Antenna Type, Frequency Band and Application" report has been added to ResearchAndMarkets.com's offering.
Dipole based antenna type to continue dominate the global airport antenna market.
The market was valued at US$ 1.27 billion in 2019 and is projected to reach US$ 1.99 billion by 2027; it is expected to grow at a CAGR of 5.4% from 2020 to 2027. The report highlights the key factors driving the market growth, and prominent players and their developments in the market.
The airport antenna market is broadly segmented into five major regions - North America, Europe, APAC, MEA, and SAM. North America held the largest share of global airport antenna market owing to the presence of large number of airports as well as antenna manufacturers in the region. In 2019, the region contributed ~34% to the overall airport antenna market. In terms of market share, Europe and APAC held the second and third position respectively in 2019.
Europe is a crucial market for the future growth of airport antenna market during the forecast period. The region is characterized with the presence of well-developed nations such as Germany, the UK, and France, which demand advanced airport infrastructure. Additionally, the presence of a large number of airport antenna manufacturers in this region will fuel the growth of the airport antenna market.
During the forecast period of 2020 to 2027, the growth outlook of airport antenna in all the major geographic regions estimated to be quite positive. However, due to ongoing COVID-19 outbreak, all the major countries in regions such as Europe, Asia Pacific, and North America have imposed strict restrictions on business activities and travelling. All these factors are anticipated to affect both supply and demand of airport antenna, thus affecting the revenue growth of the global airport antenna market especially in 2020 and 2021. It is expected that the market growth will stabilize by 2022 and is anticipated to witness a positive growth by 2027.
North America is the most technologically advanced region, with the presence of major economies such as the US, Canada, and Mexico. These economies are characterized by high disposable individual incomes, higher standards of living, and rapid technological advancements in the arena of airport construction and aerospace engineering.
North America comprises the largest fleet of commercial and defense aircraft in the world. Huge volumes of commercial and military fleets in operations in the domestic as well as international arena coupled with a high average passenger mile flown value in the region propel the demand requirements for airport components. The countries in the region have a considerable presence of both military and commercial airports, some are upgrading with new technology, and some are still under-construction phase.
Key Topics Covered:
2. Key Takeaways
3. Research Methodology
4. Airport Antenna Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Airport Antenna Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Enhancement of Airport Infrastructure
5.1.2 Mounting Demand for Military Unmanned Aerial Vehicle (UAV)
5.2 Market Restraints
5.2.1 High Costs Involved in the Installation and Maintenance of Aircraft Antennas
5.3 Market Opportunities
5.3.1 Increasing Government Investment for the Expansion and Construction of Airports Globally
5.4 Future Trends
5.4.1 Intelligent Airport Communication System Through DAS
5.5 Impact Analysis of Drivers and Restraints
6. Airport Antenna - Global Market Analysis
6.1 Airport Antenna Market Overview
6.2 Airport Antenna Market - Revenue, and Forecast to 2027 (US$ Million)
6.3 Market Positioning - Global Market Players Ranking
7. Airport Antenna Market Analysis - By Airport Type
7.2 Airport Antenna Market, By Airport Type (2019 and 2027)
7.3 Military Airport
7.3.2 Military Airport: Airport Antenna Market - Revenue, and Forecast to 2027 (US$ Million)
7.4 Commercial Airport
8. Airport Antenna Market Analysis - By Antenna Type
8.2 Airport Antenna Market, By Antenna Type (2019 and 2027)
8.3.2 Dipole: Airport Antenna Market - Revenue, and Forecast to 2027 (US$ Million)
9. Airport Antenna Market Analysis - By Frequency Band
9.2 Airport Antenna Market, By Frequency Band (2019 and 2027)
9.3 High Frequency
9.3.2 High Frequency: Airport Antenna Market - Revenue, and Forecast to 2027 (US$ Million)
9.4 Very High Frequency
9.5 Ultra High Frequency
10. Airport Antenna Market Analysis - By Application
10.2 Airport Antenna Market, By Application (2019 and 2027)
10.3.2 SATCOM: Airport Antenna Market - Revenue, and Forecast to 2027 (US$ Million)
11. Airport Antenna Market - Geographic Analysis
12. Impact of COVID-19 Pandemic on Global Airport Antenna Market
13. Industry Landscape
13.2 Market Initiative
13.3 Merger and Acquisition
14. Company Profiles
14.1 Key Facts
14.2 Business Description
14.3 Products and Services
14.4 Financial Overview
14.5 SWOT Analysis
14.6 Key Developments
Northrop Grumman Corporation
Wade Antenna, Inc
Antenna Product Corporation
Comrod Communication AS
Rohde & Schwarz GmbH & Co.
Watts Antenna Company
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