The report on Multi-mode Receiver to be published by Stratview Research focusses on current trend insights and also predicts about the market condition and its future in the forecast period of 2020 – 2025.
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This report, from Stratview Research, studies the Multi-mode Receiver Market over the trend period from 2014 to 2019 and the forecast period from 2020 to 2025. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Platform Type Segment
The market is segmented as fixed wing and rotary wing. The fixed-wing segment is estimated to remain dominant during the forecast period, driven by the mounting demand for commercial and military fixed-wing aircraft. The commercial fixed-wing aircraft market is also expected to grow significantly, owing to rising air passenger traffic across the globe, in the coming five years.
Fit Type Segment
The market is segmented as line-fit and retrofit. The retrofit segment is projected to register a higher growth during the forecast period. The anticipated higher growth of the segment is owing to various aircraft modernization programs that mandate the installation of multi-mode receivers in aircraft.
Application Type Segment
The market is segmented as navigation & positioning and landing. The navigation & positioning segment is estimated to depict a higher growth in the coming five years. This growth of the segment can be attributed to the directives that mandate the use of multi-mode receivers for navigation & positioning application in aircraft across the globe.
Region Wise Segment
North American region was the largest market for multi-mode receivers in 2018. North America is proximal to giant aircraft manufacturers, such as The Boeing Company (US) and Bombardier Inc. (Canada). The multi-mode receiver market in the European and Asia-Pacific regions is also expected to register considerable growth, during the forecast period, owing to the increasing demand for wide-body and large aircraft, in the regions.
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Highlights of the Report:
Multi-mode Receiver Market is likely to witness an impressive CAGR of 6.2% during the forecast period. The increasing aircraft deliveries across the globe, along with the avionics retrofit activities in the general aviation segment, are expected to drive the growth of the global multi-mode receiver market.
Some of the major players in the multi-mode receiver market are BAE Systems PLC, Honeywell International Inc., Indra Sistemas, SA, Intelcan Techno Systems Inc., Leonardo SPA, Rockwell Collins, Inc, Saab AB, Systems Interface Ltd., Thales Group, and Val Avionics Ltd.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
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