18 September 2018
Visiongain’s new report the Radome Market Outlook Report 2018-2028: Forecasts By Aircraft Type (Military Aircraft, Commercial Aircraft) By Material Type (Glass-Fibre, Resin, Quartz), By Product Type (Nose Mounted Radome, Fuselage Mounted Radome) & Geography Plus Analysis of Leading Companies Developing Radomes For Radar, IFEC, Communications & AEW&C Systems indicates that the global Radome market will see US$ 364.5m in 2018.
The lead analyst of the report said: "The radome market will experience significant revenue growth rate over the forecast period. The research and development in radome systems has increased in recent years owing to increase in the demand from airline operators globally. The market for radomes is influenced by various factors such as rise in demand for air travel, and increasing demand for quartz fibre. These factors are poised to drive the market for aircraft radomes during the forecast period from 2018 to 2028. However, the growth of the market is being hindered by lack of skilled engineering labour required for maintenance of aircraft radomes, and high cost of advanced fibre materials. Nonetheless, the rapid increase in modernization of existing aircraft is influencing the upgradation of conventional radomes to latest technology radomes in order to enhance the operational efficiency and to provide increased protection to the radar from external influences. This factor is acting as a key opportunity factor for the market of aircraft radomes in the coming years from 2018 to 2028. Moreover, the various research and developments being carried out by different aircraft radome manufactures are poised to help the market for aircraft radome to expand in future.
This report evaluates the current opportunities and threats, and future outlook for radomes over the period, 2018-2028"
The 150 page report contains 180+ tables, charts and graphs that add visual analysis in order to explain developing trends within the radome market. Visiongain provides radome spending forecasts for the period 2018-2028 for the leading radome submarkets, namely Resin material based radome, quartz material radome, and glass-fiber material based radome, nose mounted radome, fuselage radomes, Commercial aircraft radomes and military aircraft radomes. The report also includes forecasts for the sub-segments by prominent regions including North America, Europe, Asia Oceania and MEA.
The comprehensive report offers market forecasts and analysis for 13 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering 10 companies leading the field in the radome Market.
The Radome Market Outlook Report 2018-2028: Forecasts by Aircraft Type (Military Aircraft, Commercial Aircraft), by Material Type (Glass-Fibre, Resin, Quartz), by Product Type (Nose Mounted Radome, Fuselage Mounted Radome) & Geography Plus Analysis of Leading Companies Developing Radomes for Radar, IFEC, Communications & AEW&C Systems report will be of value to anyone who wants to better understand the radome market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the radome industry.
Notes for Editors
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