06 January 2022
Visiongain has launched a new report Direction Finder Market Report 2021-2031: Forecasts by Type (Portable Direction Finder, Base-station Direction Finder, Vehicle-mounted Direction Finder), by Application (Air Traffic Control, Vessel Traffic Service, Mobile Land) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Recovery Scenarios.
Global Direction finder Market Outlook
According to Visiongain analysis, global direction finder market was valued at US$xx million in 2020. The region is expected to witness a CAGR of xx% from 2021 to 2026 and is expected to reach US$xx million in 2026 from its previous value of US$xx million in 2021. Visiongain further anticipates that the region will reach US$135.95 million in 2031 while growing at a CAGR of xx% from 2021 to 2031.
Growing Requirement for Tracking Due to Illicit Activities
Due to the availability of automatic radar plotting aids, global navigation satellite technologies, & other navigation systems aboard ships, the conventional RDF method for navigation has lost relevance. Modern RDF systems are needed to determine the position of transmitters for increased SAR, traffic management at sea, and other solutions, according to today's needs. The RDF type is a navigation technique that uses bearings of transmitters to determine the direction of a permanent or recently moved radio source. It creates a particularly useful navigation system for ships, small boats, and aeroplanes that may be some way from their destination due to low-frequency propagation's ability to go extremely great distances and "beyond the horizon.
Advantages of Radio Direction Finders (RDF) in Coastal Waters
It's critical to utilise an antenna that allows for high all-around reception while looking for a transmitter for locating reasons. Any residual mistakes should be maintained steady so that the receiver's computer can readily adjust for them. The antennas' position must also be carefully considered. The existence of conducting impediments like as antennae, bridges, or silos, as well as the form of the shoreline and the geography of the hinterland, all have a role. The placement of one or more RDF stations in respect to one another & to the major direction of maritime movements is also important for direction finding.
On the basis of applications, the global direction finder market is segmented into vessel traffic service, air traffic control, & mobile land. Air traffic control segment dominated the global direction finder market based on applications with 35.7% in 2021 and is projected to hold 37% by 2031. The market dominance is attributed to advantages such as support the controller on the tower & guide aircrafts. Air Traffic Control segment is expected to reach US$50.35 million in 2031 while growing at a CAGR of 3.50% from 2021 to 2031.
On the basis of type, the global direction finder market is segmented into base-station direction finder, vehicle-mounted direction finder, & portable direction finder. According to Visiongain analysis, vehicle-mounted direction finder segment dominated the global market and was valued at US$36.78 million in 2020. The segment is expected to reach US$51.26 million in 2031 while growing at a CAGR of 3.14% from 2021 to 2031. The applications for direction finding are varied and important: navigation, search and rescue, interference patrol, and more. Vehicle-mounted direction finder segment holds majority of the market share owing to easy installation on vehicles.
COVID-19 Impact on Direction Finder Market
The spread of the virus has prompted governments all over the world to put stringent limits on human and vehicle mobility. The installation of the lockdown has resulted in a reduction in the production of products and commodities. The volume of vessel monitoring market participants also decreased, owing to the fact that the manufacturing facilities are working with a reduced staff. COVID-19 has expanded widely over APAC and North America. COVID-19 has had a negative impact on the ICT and transportation sectors, and both industries have been deteriorating since the beginning of 2020. The industries have been on the decline as a result of the implementation of lockdown in nations throughout North America, Europe, and Asia.
Some of the major companies operating in the global direction finder market are BendixKing, Doppler Systems LLC, Honeywell International Inc., TCI (SPX), GEW Technologies, L3 Technologies Inc., Koden Electronics Co. Ltd., Tech Comm, Inc., RHOTHETA Electronics GmbH, Raytheon Co., Rohde & Schwarz GmbH & Co. KG, and Thales Group among other prominent players.
Discover sales predictions for the global direction finder market and submarkets.
Along with revenue prediction for the overall world market, there are 2 segmentations of the direction finder market, with forecasts for 3 Types, and 3 Applications, each forecasted at a global, regional, and country level, along with COVID-19 impact recovery pattern analysis for all segments.
Who are the major players analyzed in the market?
• Doppler Systems LLC
• GEW Technologies
• Honeywell International Inc.
• Koden Electronics Co. Ltd.
• L3 Technologies Inc.
• Raytheon Co.
• RHOTHETA Electronics GmbH
• Rohde & Schwarz GmbH & Co. KG
• TCI (SPX)
• Tech Comm, Inc.
• Thales Group
Notes for Editors
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