Presence of large number of aircraft radome manufacturers as well as OEM for aircrafts to result in a good competitive market that is growing at a CAGR of 7.2%.

by Sameer Joshi or 01-Dec-2017

The " Aircraft Radome Market to 2025 by Design Type (Nose Radome & Fuselage Mounted Radome); Material Type (Glass-Fiber, Resin & Quartz); & Aircraft Type (Commercial Aircrafts & Military Aircrafts) - Global Analysis and Forecast" The scope of study involves understanding on the factors responsible for this growth of aircraft radome market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant Aircraft radome players in the market and their key developments.

Aircraft Radome Market to 2025 - Global Analysis and Forecast by Design Type, Material Type and Aircraft type. Aircraft radome market is expected to grow to US$ 741.47 million by 2025 from US$ 403.81 million in 2016. Global aircraft manufacturing industry is possessed with large number of well established companies across the globe. Owing to this, the bargaining power of buyers in the aircraft radome market is high at present. Aircraft manufacturers such as Airbus, Boeing, Lockheed Martin Corporation, Northrop Grumman Corporation, and BAE Systems among others compete among each other to provide the customers with the best products and attributing to this, the aircraft manufacturing companies switch aircraft component contractors over a period of time, in order to enhance the systems.

The aircraft manufacturers have the opportunity to switch contractors for aircraft radome, considering the pricing and technology. The leading manufacturers of aircraft radome compete among each other in terms of technology, quality and pricing in order to acquire contracts from leading aircraft manufacturing companies.

The global aircraft radome market by geography is segmented into five regions including North America, Europe, Asia Pacific, Middle East & Africa and South America. Europe is fastest growing region in the aircraft radome market during the forecast period from 2017 to 2025. The growth is attributed to the fact that commercial airlines in the region are increasing at a rapid rate, resulting in demand for technologically advanced composites in the aircrafts, in order to provide enhanced protection to the radar and flight control surfaces from external influences. Another factor bolstering the market for aircraft radome in the region is the surging defense expenditure in order to procure robust technologies which includes aircraft radome manufactured with enhanced technology materials. The key players profiled in the report are Jenoptik AG, Saint-Gobain, Meggitt PLC, Orbital ATK and Airbus S.A.S. Also, General Dynamics Corporation, NORDAM Group Inc., Starwin Industries, Kitsap Composites and Vermont Composites are other key companies in the aircraft radome market.

The report segments the global aircraft radome market as follows:

Global Aircraft Radome Market - By Design Type
Nose Radome
Fuselage Mounted Radome

Global Aircraft radome Market - By Material Type
Glass Fiber

Global Aircraft radome Market - By Aircraft Type
Commercial Aircraft
Military Aircraft

Global Aircraft radome Market - By Geography

North America
Rest of Europe
Asia Pacific (APAC)

Middle East & Africa (MEA)
Saudi Arabia
South Africa
South America (SAM)