This new report from Stratview Research analyses the Multi-mode Receiver Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Multi-mode Receiver Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Multi-mode Receiver Market is no different. Derived from the previous market scenario, the Multi-mode Receiver Market is likely to witness an impressive CAGR of 6.2 during 2020-25 but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
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Market Share Analysis
Multi-mode Receiver Market Share: By Platform Type
Based on the platform type, 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.
Multi-mode Receiver Market Share: By Fit Type
Based on the fit type, 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.
Multi-mode Receiver Market Share: By Application Type
Based on the application type, 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.
Click below to run through the detailed ToC of the report:
Multi-mode Receiver Market Share: By Region
In terms of regions, the 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.
Multi-mode Receiver Market: Key Players
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.
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