Global Radome Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Radome Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global radome market report has been segmented on the basis of component, application, and region.
Global Radome Market: Overview
Radome is a word derived from radar and dome. It is a dome shaped housing that is used for protecting radar. It is a types of structural weatherproof enclose designed dome with material which minimally attenuates the radar’s transmitting and receiving electromagnetic waves. Radome is constructed in various shapes, especially according to the certain applications using different construction materials. It is used to conceal the electronic equipment from the public view. Radom is also used for protection of nearby individuals from being struck by rotating antennas placed to the equipment. In the case of fixed wing or rotary wing aircraft, radome placed on the fuselarge in the shape of blister that uses microwave satellite for beyond line of site communication.
Global Radome Market: Dynamics
Increasing demand for aircrafts, owing to growing number of air passengers is a major factor driving growth of the global radome market. Radar is used for remote sensing, surveillance, sea transportation, and defence. Radome plays significant role in protecting radar from environmental factors such as rain, snow, strong wind, and UV light, which also expected to propel growth of the global market.
Radome reduces maintenance and operating cost of the equipment. It also prolongs the lifespan of component and equipments and enables radar to operate in all-weather conditions. These factors are anticipated to bolster growth of the target market over the forecast period. Furthermore, increasing adoption of radome in unmanned aerial vehicles is a factor expected to boost growth of the global radome market in the near future.
However, complex design and high cost of radome may hamper growth of the global radome market. In addition, lack of skilled personnel is another factor that could affect growth of the target market. Nevertheless, use of fiberglass for creation of radomes can create high revenue opportunities for players in the target market.
Global Radome Market: Segment Analysis
Among the component type, the equipment segment is expected to account for high growth in terms of revenue over the forecast period. Radome is made using various types of materials such as kevlar, quartz, glass fiber, etc. Among the application segment, the unmanned aerial vehicle sub-segment in airborne segment is expected to account for significant growth in terms of revenue in the near future. Increasing use of unmanned aerial vehicle in defence sector for various applications is a key factor supporting growth of this sub-segment in the global market.
Global Radome Market: Regional Analysis
Market in North America is anticipated to accounts for major share in terms of revenue over the forecast period. High military budget allocation and increasing adoption of advanced technology are key factors driving growth of the target market in the region. In addition, growing investment in R&D in defence sector is another factor expected to fuel growth of the radome market in North America. Market in Asia Pacific is expected to account for significant growth in terms of revenue over the forecast period, owing to increasing demand of radomes in aviation sector. In addition, presence of regional radome manufactures is another factor anticipated to support growth of the target market in the Asia Pacific.
Global Radome Market Segmentation:
Segmentation by Component:
- Radome Body
Segmentation by Application:
- Commercial & Business Aircraft
- Airborne Radome Type
- Unmanned Aerial Vehicle
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- L3 Technologies, Inc.
- General Dynamics Corporation
- Koninklijke DSM N.V.
- Jenoptik AG
- Compagnie de Saint-Gobain S.A.
- Orbital ATK (Northrop Grumman Innovation Systems)
- The NORDAM Group, Inc.
- TenCate Advanced Composites USA, Inc.
- Royal Engineered Composites, Inc.
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