Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Aircraft Antenna market. Market segmentation includes by Wing Type (Fixed; Rotary) Application (Navigation & Surveillance; Communication); End-Use (Aftermarket; OEMs).
As businesses struggle to keep afloat, job cuts and bankruptcies are already sending millions into unemployment. High levels of unemployment and erosion of discretionary income will severely impact consumer spending on non-essential services including travel and tourism. Unemployment rates are climbing to worrisome levels in both developed and developing economies alike. In the United States, the worst hit by the pandemic, the devastation wreaked on the country's economy can be put into perspective by the fact that unemployment rates peaked in the country in June 2020 to 30.8 million. With the labor market in doldrums, consumer spending is plummeting. The economic anxiety among consumers has and continues to rise. Consumers have shifted to online and are spending much lesser than before the pandemic. Social outlook against this background remains grim with households expected witness erosion in wealth. Personal financial outlook, community, economy, job security confidence, and purchasing and investment confidence are all tumbling as the human and economic cost of the global pandemic rises. The loss in consumer confidence and erosion of household wealth and discretionary spending will impact virtually every industry and business worldwide, especially commercial aviation. With discretionary spending coming under the crunch and fears of infections remaining unchanged, consumers are not seen as likely to resume or reschedule their travel plans. Revenue generation and cash outflow mismatches will continue to challenge the survival of most airline companies. Low to zero utilization of seats and aircraft will continue to push up the costs for airline operators and in the absence of revenues, several airliners are expected to go bankrupt by the end of the year 2020. For the year 2020 in the absence of any notable revenue generation, the global airline industry is expected to spend over US$80 billion in expenditures such as airplane parking fee, employee and staff expenses, aircraft maintenance as aircraft cannot be just dusted back into action, among others. The slow and highly uncertain rate of recovery means that the industry even in the year 2021 will continue to bleed over US$6 to US$7 billion in losses each month.
In the post COVID-19 period growth will be led by the importance of antennas in effective communication. Effective and uninterrupted communication holds a pivotal role in aircraft safety. The aviation industry needs sophisticated technology to ensure communication between air traffic controllers and pilots. Aircraft communication goes beyond the connectivity among crew members and other aircraft to encompass other teams including airport operators, aviation specialists and security personnel. The communication plays a major role in enhancing safety and reducing the risk of catastrophic accidents, which can be prevented using effective communication. The infamous collision of two aircraft in 1956 underscored the significance of communication and prompted the FAA to focus on various measures to improve aviation safety, including proper aircraft communication. As air transportation is predicted to grow two-fold by 2050, airline operators need to invest in effective aircraft communication technology for ensuring safety. Aircraft communication is also gaining traction owing to increasing demand for consumers to stay connected during their flights. The need to access the Internet for accessing email, movies and communicate with people during air travel has accentuated the significance of aircraft communication. While an increasing number of airlines are offering in-flight Internet services, pilots continue to deal with traditional technologies, leading to disparate, complex and ineffective communication that delays response to unexpected events. Traditional technology used by various airlines is unable to deal with emerging aeronautics challenges like limited airport capacity, congestion and demand for high-speed data transfer. However, recent advances in aircraft communication are opening new avenues for better communication in the 21st century. Advanced technologies intended to serve the aviation industry are playing a vital role in seamless communication and data transfer over multiple links. These communication options are serving diverse needs of modern aircraft and providing pilots with information regarding traffic or weather for enhanced safety.
Pilots rely on very high frequency (VHF) communication systems to maintain contact between aircraft and ground staff. The technology uses line-of-sight transmission with a range of 30 miles for aircraft at 1,000 feet and around 135 miles for an aircraft flying at 10,000 feet. Over the last several years, the industry has witnessed various changes related to frequency range due to notable jump in capacity of new ground-based radio stations. While the radio frequency range was initially set at 118-132MHz with a channel spacing of 200 kHz intervals, the range expanded over the past several decades. In 1958, channel spacing was reduced to 100 kHz, which increase the number of available channels two-fold. The upper range of the frequency was subsequently extended from 132MHz to 136MHz. Channel spacing was further reduced to 50 kHz in 1964 and to 25 kHz in 1974. On the other hand, frequency range was expanded to 137MHz in 1979, allowing military to use frequencies between 137MHz and 151.975MHz with a channel spacing of 25 kHz. Reducing the spacing to 8.33 kHz is expected to increase the number of usable frequencies to three-fold, satiating the requirement of various operators in Europe and other regions. The frequency range requires the use of equipment and devices like antennas and transceivers for supporting the voice link.
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. The views, opinions and findings presented are based on validated engagements from a total executive pool size of 742. Among this pool, 148 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 32 unique participations, a total of 14 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
Key Competitors Covered in the Report -
Honeywell International, Inc.
Boeing Company, The
Gilat Satellite Networks
Tecom Co., Ltd.
Jem Engineering, LLC.
Sensor Systems, Inc.
Segments Covered in the Report -
Wing Type (Fixed, Rotary)
Application (Navigation & Surveillance, Communication)
End-Use (Aftermarket, OEMs)
Geographies Analyzed in the Report -
Rest of Europe
Rest of Asia-Pacific
Rest of Latin America
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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world`s only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
Director, Corporate Communications
Global Industry Analysts, Inc.