$1.83 Billion Radome Market - Global Forecast to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 25, 2018--The “Radome Market by Offering (Product (Radome Body, Accessories) Service), Application (Ground (Ground Vehicle, Telecom Towers, ATC, Air Defense), Airborne (Commercial, Military, UAV), Shipboard (Commercial, Military) & Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
The radome market is projected to grow from an estimated USD 1.45 Billion in 2018 to USD 1.83 Billion by 2023, at a CAGR of 4.78% from 2018 to 2023.
The major factor which is expected to act as a major driver is the increase in the use of radomes for UAVs. This, in turn, is expected to drive the growth of the radome market during the forecast period from 2018 to 2023. The radome market has been segmented based on application, offering, and region.
Based on application, the radome market has been segmented into ground, airborne, and marine. The airborne segment is projected to grow at the highest CAGR in the radome market during the forecast period. Due to the growth of commercial aviation industry, the need to manage air traffic is accomplished with the use of radomes.
Based on offering, the radome market has been segmented into product and service. The product segment is estimated to lead the radome market in 2018. The most commonly used materials are glass-fibre and quartz and the most common types of structures are sandwich, solid laminate, and metal & dielectric space frames. Different combinations of materials and structures are used as per requirements for commercial and military applications.
The Asia Pacific region is projected to be the fastest-growing region in the radome market during the forecast period due to the increase in modernization programs in the Asia Pacific aviation industry, which is expected to lead to the high adoption of radomes for advanced aircraft. These factors are projected to further propel the demand for radomes in the Asia Pacific region. Some of the global key players operating in the radome market, HTC (China) and Verdant (India), are based in the Asia Pacific region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Radome Market, By Offering
8 Radome Market, By Application
9 Radome Market, By Band (Qualitative)
10 Regional Analysis
11 Competitive Landscape
12 Company ProfilesGeneral Dynamics L3 Technologies Jenoptik Royal DSM Saint-Gobain NORDAM CPI Orbital ATK Flir Systems (Raymarine) Cobham Kelvin Hughes Starwin Industries Tencate Advanced Composites Royal Engineered Composites Verdant Kitsap Composites Harbin Topfrp Composite Co., Ltd (HTC) Avic Delta G Comtech Telecommunications. Kaman Composites Fds Italy Srl Pacific Radomes Inc.
For more information about this report visit https://www.researchandmarkets.com/research/t679z3/1_83_billion?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180925006009/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Radar Systems
INDUSTRY KEYWORD: TECHNOLOGY HARDWARE MOBILE/WIRELESS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/25/2018 01:08 PM/DISC: 09/25/2018 01:08 PM