Military aircraft communication avionics can be identified as electronics and communication systems that are integrated into military aircraft. Aircraft communication avionics are used to perform air to air and air to ground communication. The form of communication can be in terms of data transfer or voice-over communications. Rise in dependency on communications and data analysis for a range of critical operations has increased demand for effective communication channels with minimum lag. Conventionally radio communication with high frequency (HF), very high frequency (VHF), and ultra-high frequency (UHF) are used for military aircraft communication, however, with the advent of satellite communication (SATCOM) technologies, new business horizons have been forecasted. Defense organizations across the globe are inclined toward integrating their military aircraft communication avionics system with SATCOM technologies as they provide notable beyond visual line of sight (BVLOS) communication capabilities on a much more secure source.
The growth of the military aircraft communication avionics market is driven by factors such as a rise in geopolitical conflicts across the globe, increase in defense budgets, and demand to modernize communication avionics of existing aircraft fleet to support growth of the military aircraft communication avionics market during the forecast period. Countries such as Russia, China, India, and Japan have increased their defense budget by 2.9%, 4.7%, 0.9%, and 7.3%, respectively in 2021, as compared to previous years. Rise in impact of global economies and electronic component supply chain at the global level has been enormous. Degrading global trade relations and restrictions placed by several nations over others have generated demand to diversify the supply chain at the regional level in the military communication avionics industry to ensure a continuous supply of critical components. Shortage in supply of electronics chips also impact the military aircraft communication avionics market. Rise in demand for consumer electronics induced by chips, coupled with trade restrictions due to COVID-19 has generated a global shortage of electronic chips. Hence, to address rise in market challenges, defense bodies are engaged in long-term agreements with companies, mitigating short-term challenges. For instance, Finland entered into an agreement with Lockheed Martin to acquire 64 F-35A Block 4 fighter aircraft along with weapons, communication systems, and required training. The program is expected to last till 2030 and the weapons procurement will be done by 2035, depending upon the availability of funds.
The global military aircraft communication avionics market is segmented into aircraft type, component, sales channel, solution, and region. By aircraft type, it is categorized into combat aircraft, special mission aircraft, tanker & transport aircraft, combat helicopters, and training aircraft & helicopters. Depending on component, it is fragmented into antenna, transponder, receiver, transmitter, and display & processors. By sales channel, it is divided into original equipment manufacturer (OEM), and aftermarket. The solution segment is divided into satellite communication (SATCOM), very high frequency & ultra-high frequency (VHF & UHF), and high frequency & medium frequency (HF & MF). Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Companies have adopted product development and product launch as their key development strategies in the military aircraft communication avionics industry. Moreover, collaborations and acquisitions are expected to enable leading players to enhance their product portfolios and expand into different regions. The Key players operating in the military aircraft communication avionics market are Appareo, Aspen Avionics, Avidyne Corporation, BAE System, Boeing, Cobham Limited, Honeywell International Inc., L3Harris Technologies Inc, Raytheon Technologies Corporation, and Thales Group.
The growth of the military aircraft communication avionics market is driven by factors such as a rise in geopolitical conflicts across the globe, increase in defense budgets, and demand to modernize communication avionics of existing aircraft fleet to support growth of the military aircraft communication avionics market during the forecast period. Countries such as Russia, China, India, and Japan have increased their defense budget by 2.9%, 4.7%, 0.9%, and 7.3%, respectively in 2021, as compared to previous years. Rise in impact of global economies and electronic component supply chain at the global level has been enormous. Degrading global trade relations and restrictions placed by several nations over others have generated demand to diversify the supply chain at the regional level in the military communication avionics industry to ensure a continuous supply of critical components. Shortage in supply of electronics chips also impact the military aircraft communication avionics market. Rise in demand for consumer electronics induced by chips, coupled with trade restrictions due to COVID-19 has generated a global shortage of electronic chips. Hence, to address rise in market challenges, defense bodies are engaged in long-term agreements with companies, mitigating short-term challenges. For instance, Finland entered into an agreement with Lockheed Martin to acquire 64 F-35A Block 4 fighter aircraft along with weapons, communication systems, and required training. The program is expected to last till 2030 and the weapons procurement will be done by 2035, depending upon the availability of funds.
The global military aircraft communication avionics market is segmented into aircraft type, component, sales channel, solution, and region. By aircraft type, it is categorized into combat aircraft, special mission aircraft, tanker & transport aircraft, combat helicopters, and training aircraft & helicopters. Depending on component, it is fragmented into antenna, transponder, receiver, transmitter, and display & processors. By sales channel, it is divided into original equipment manufacturer (OEM), and aftermarket. The solution segment is divided into satellite communication (SATCOM), very high frequency & ultra-high frequency (VHF & UHF), and high frequency & medium frequency (HF & MF). Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Companies have adopted product development and product launch as their key development strategies in the military aircraft communication avionics industry. Moreover, collaborations and acquisitions are expected to enable leading players to enhance their product portfolios and expand into different regions. The Key players operating in the military aircraft communication avionics market are Appareo, Aspen Avionics, Avidyne Corporation, BAE System, Boeing, Cobham Limited, Honeywell International Inc., L3Harris Technologies Inc, Raytheon Technologies Corporation, and Thales Group.
Key Benefits For Stakeholders
- This study presents the analytical depiction of the global military aircraft communication avionics market analysis along with the current trends and future estimations to depict imminent investment pockets.
- The overall military aircraft communication avionics market opportunity is determined by understanding profitable trends to gain a stronger foothold.
- The report presents information related to the key drivers, restraints, and opportunities of the global military aircraft communication avionics market with a detailed impact analysis.
- The current military aircraft communication avionics market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Market Segments
By Aircraft Type
- Training Aircraft and Helicopters
- Combat Aircraft
- Special Mission Aircraft
- Tanker and Transport Aircraft
- Combat Helicopters
By Component
- Antenna
- Transponder
- Receiver
- Transmitter
- Display and Processors
By Sales Channel
- OEM
- Aftermarket
By Solution
- SATCOM
- VHF and UHF
- HF and MF
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- France
- Germany
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest Of Asia Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Raytheon Technologies
- Thales group
- Appareo
- Aspen Avionics
- Avidyne Corporation
- BAE System
- Boeing
- Cobham Limited
- Honeywell International Inc.
- L3Harris Technologies
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: MILITARY AIRCRAFT COMMUNICATION AVIONICS MARKET, BY AIRCRAFT TYPE
CHAPTER 5: MILITARY AIRCRAFT COMMUNICATION AVIONICS MARKET, BY COMPONENT
CHAPTER 6: MILITARY AIRCRAFT COMMUNICATION AVIONICS MARKET, BY SALES CHANNEL
CHAPTER 7: MILITARY AIRCRAFT COMMUNICATION AVIONICS MARKET, BY SOLUTION
CHAPTER 8: MILITARY AIRCRAFT COMMUNICATION AVIONICS MARKET, BY REGION
CHAPTER 9: COMPANY LANDSCAPE
CHAPTER 10: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Executive Summary
According to this report titled, 'Military aircraft communication avionics Market,' the military aircraft communication avionics market was valued at $23.9 billion in 2020, and is estimated to reach $35.0 billion by 2030, growing at a CAGR of 4.05% from 2021 to 2030.Asia Pacific dominated the military aircraft communication avionics market in terms of growth, followed by North America, Europe, and LAMEA. The U.S. dominated the market share in 2020, whereas Spain is expected to grow at a significant rate in the market during the forecast timeframe.
The military aircraft communication avionics industry holds a great potential backed by an increase in defense budget expenditure across the globe and advancements in communication technologies, supporting military applications. Major countries such as the U.S., China, Russia, and the UK are extensively increasing their military research and development budgets to integrate novel technologies in their existing aircraft fleet and to increase operational efficiency. With maturing web 3.0 and gradual integration of web 4.0, comprehensive, secure, and efficient communication channel has become the need of the hour. The satellite communication (SATCOM) segment is expected to witness maximum growth potential during the forecast period as they provide security beyond visual line of sight (BVLOS) communication capacities. For instance, in March 2020, the U.S. Space Force (USSF) launched the Advanced Extremely High-Frequency satellite (AEHF-6) to strengthen its military communication network.
In addition, the rise in geopolitical conflicts and limitations on trade and transport across the globe post-COVID-19 has allowed nations to focus on increasing their indigenous research, development, and manufacturing capabilities. In addition, scarcity of semiconductors across the globe, owing to rise in use of semiconductors on the commercial front is expected to have a notable impact on the military aircraft communication avionics market. For instance, almost 75% of chip manufacturing across the globe is done in the Asia-Pacific, allowing the region to dominate the market. Geopolitical conflict between the U.S. and China to dominate tech segments is threatening the global supply chain, allowing nations to increase focus on indigenous capabilities. Governments and private companies across the U.S. are increasing investments within the semiconductor industry in pursuit to become a global manufacturing hub and gain international dominance. For instance, in January 2022, the government of U.S. along with the CEO of Intel announced an initial investment of20 billion for developing a semiconductor manufacturing site in Ohio. Apart from the initial investment, the total investment is expected to reach $100 billion, strengthening national chip-building capabilities. These investments are expected to eventually reduce the lack of semiconductors and increase indigenous capabilities, supporting competitiveness within the military aircraft communication avionics market.
By aircraft type, the market is categorized into combat aircraft, special mission aircraft, tanker & transport aircraft, combat helicopters, and training aircraft & helicopters. Depending on the component, the military aircraft communication avionics market is fragmented into Antenna, Transponder, Receiver, Transmitter, and Display & Processors. The sales channel segment will include original equipment manufacturer (OEM), and aftermarket. The solution segment is divided into satellite communication (SATCOM), very high frequency & ultra-high frequency (VHF & UHF), and high frequency & medium frequency (HF & MF).
Factors such as a rise in geopolitical conflicts across the globe, increase in defense budgets, and demand to modernize communication avionics of existing aircraft fleet to support growth of the military aircraft communication avionics market during the forecast period. Countries such as Russia, China, India, and Japan have increased their defense budget by 2.9%, 4.7%, 0.9%, and 7.3%, respectively in 2021, as compared to previous years. Rise in impact of global economies and electronic component supply chain at the global level has been enormous. Degrading global trade relations and restrictions placed by several nations over others have generated demand to diversify the supply chain at the regional level in the military communication avionics industry to ensure a continuous supply of critical components. Shortage in supply of electronics chips also impact the military aircraft communication avionics market. Rise in demand for consumer electronics induced by chips, coupled with trade restrictions due to COVID-19 has generated a global shortage of electronic chips. Hence, to address rise in market challenges, defense bodies are engaged in long-term agreements with companies, mitigating short-term challenges. For instance, Finland entered into an agreement with Lockheed Martin to acquire 64 F-35A Block 4 fighter aircraft along with weapons, communication systems, and required training. The program is expected to last till 2030 and the weapons procurement will be done by 2035, depending upon the availability of funds.
Key findings of the Study
- By aircraft type, the combat aircraft segment leads the market during the forecast period.
- By component, the antenna segment leads the market during the forecast period.
- By sales channel, the aftermarket segment is expected to grow at lucrative growth rate during the forecast period (2021-2030).
- By solution, the SATCOM segment leads the market during the forecast period.
- Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
Companies Mentioned
- Raytheon Technologies
- Thales group
- Appareo
- Aspen Avionics
- Avidyne Corporation
- BAE System
- Boeing
- Cobham Limited
- Honeywell International Inc.
- L3Harris Technologies
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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