Aircraft Radome Market

Global Aircraft Radome Market Size (2023 to 2028)

The global aircraft radome market size is expected to be worth USD 1.80 Billion in 2023. It is expected to grow at a CAGR of 10.50% during the forecast period and reach a value of USD 2.97 Billion by 2028.

The radome acts as a structural enclosure that protects the radar system. The nose cone of an airplane often acts as a radome that is made up of specific materials such as fiberglass, quartz, honeycomb, and foam cores, which can protect sensitive devices when passing electronic signals. It consists of materials that do not interfere with the transmission of electromagnetic signals. It is also naturally weather-resistant. The radome is used to transmit communications in airplanes efficiently.

MARKET DRIVERS:

The Aircraft radome market is projected to grow significantly due to the different properties they offer. This radome integration improves system availability and performance since the antenna is not in direct contact with wind, rain, or ice. In addition, the use of radome for aircraft antennas keeps them protected while traveling, which helps in unobstructed communication, significantly reducing maintenance costs. Also, the radome's design is aesthetically pleasing and can be used to hide the equipment inside the dome effectively. These factors are driving the demand for radome in the aerospace industry. The aircraft radome market is expected to grow as the demand for commercial and military aircraft worldwide increases.

Besides, commercial air travel is on the rise as disposable income increases worldwide. Developing countries such as India and China are investing in the defense sector to buy high-end military aircraft to secure airspace. This factor is also expected to activate the Aircraft radome market during the forecast period. 

MARKET RESTRAINTS:

However, certain limiting factors interfere to some extent with the demand for Aircraft radomes. The installed radome may malfunction, and dangerous communication may be interrupted during air travel. This factor can limit the expansion of radome during the forecast period. The market for the aircraft radome is affected by several factors, such as an increase in the demand for air travel and a rise in the need for quartz fibres.

REPORT COVERAGE:

This research report on the global aircraft radome market has been segmented and sub-segmented into the following categories.

Aircraft Radome Market – By Product Type: 

• Nose Radome
• SATCOM Radome
• Other Radomes

The nose radome is more effective because it protects the aircraft equipment directly from sources of interference from wind, snow, and rain at high speed.

Aircraft Radome Market – By Aircraft Type:

• Commercial Aircraft
• Regional Aircraft
• General Aviation
• Helicopters
• Military Aircraft

The commercial aircraft segment is predicted to experience the highest growth rate in the coming years, attributed to the increasing air traffic for logistics and other business purposes.

Aircraft Radome Market – By Region:

• North America
• Europe
• Asia Pacifica
• Latin America
• Middle East and Africa 

The recent economic recovery is expected to lead the aircraft radome market in North America and Europe. In addition, the trend of globalization and ecotourism is increasing the need to travel by plane. In return, the demand for commercial aircraft is being created. The increase in aircraft orders is directly driving the radome market. Besides, with the presence of developing countries such as India and China in the Asia-Pacific region, the demand for radome in this region is increasing as the commercial air travel market expands further.

KEY MARKET PLAYERS:

Astronics Corporation, Saint-Gobain, Lufthansa Technik, Vermont Composites Inc., General Dynamics Mission Systems, Inc., Starwin Industries, Meggitt PLC, Jenoptik, FACC AG, Northrop Grumman Corporation, and Airbus SE are some of the major players in the aircraft radome market. Lufthansa Technik has expanded its product offering and currently manufactures and develops radomes of all types and sizes for fuselage and tail-mounted connection systems.

RECENT HAPPENINGS IN THE MARKET:

• In 2019, China ordered 300 airplanes from Airbus. The contract is worth approximately $ 34 billion and consists of 290 A320 family aircraft and 10 A350 wide-body aircraft.
• January 2019 announced plans to buy two Palcon aviation warning and control systems in India and Israel.
• As of February 2019, the Boeing egrets were 5,904, and the Airbus egrets were 7,390.