The global multi-mode receiver market size is expected to reach USD 1.94 billion by 2030, registering a CAGR of 4.2% from 2025 to 2030. Multi-mode receiver (MMR) plays a crucial role in augmenting navigation and landing capabilities of an aircraft. As a result, the number of aircraft deliveries emerges as a crucial factor for the MMR market. Although worldwide aircraft shipments have dropped from 2,331 in 2015 to 2,262 in 2016 as stated by the General Aviation Manufacturers Association (GAMA), air passenger traffic has increased significantly over the past 10 years, particularly in developing economies such as India and China. This is expected to propel market growth.
An MMR integrates multiple functionalities into a compact unit, thereby reducing the weight and space factor of an aircraft. It also assists the pilot in positioning, navigating, and landing the aircraft, even in unfavorable conditions. These factors are likely to work in favor of the MMR market.
Another important factor contributing to market growth is initiatives undertaken by airlines across the world to modernize their fleets. Stringent mandates have been laid down for the aviation sector worldwide. At the same time, new technologies such as Automatic Dependent Surveillance-Broadcast (ADS-B) Out are also emerging. While airlines are undertaking various aircraft modernization programs and upgrading their fleets, they also have to make sure their aircraft support the latest technologies and evolving Required Navigation Performance (RNP) navigation approaches. As a result, airlines are spending aggressively on advanced navigation systems. However, safeguarding aircraft avionics systems/technologies from cyber-attacks is one of the crucial challenges faced by the aviation industry.
At present, a handful of market players holding expertise in manufacturing MMR systems are dominating the market. The strong geographical presence of these incumbents, coupled with existing long-term supply contracts, will ensure steady growth of the MMR market over the forecast period. Market players are also adhering to strategies aimed at new product development and expansion in order to strengthen their foothold in the market. For instance, in 2017, Honeywell International Inc. developed a new integrated MMR that complies with GLS CAT-III navigation standards.
This product will be delivered within 1-3 business days.
An MMR integrates multiple functionalities into a compact unit, thereby reducing the weight and space factor of an aircraft. It also assists the pilot in positioning, navigating, and landing the aircraft, even in unfavorable conditions. These factors are likely to work in favor of the MMR market.
Another important factor contributing to market growth is initiatives undertaken by airlines across the world to modernize their fleets. Stringent mandates have been laid down for the aviation sector worldwide. At the same time, new technologies such as Automatic Dependent Surveillance-Broadcast (ADS-B) Out are also emerging. While airlines are undertaking various aircraft modernization programs and upgrading their fleets, they also have to make sure their aircraft support the latest technologies and evolving Required Navigation Performance (RNP) navigation approaches. As a result, airlines are spending aggressively on advanced navigation systems. However, safeguarding aircraft avionics systems/technologies from cyber-attacks is one of the crucial challenges faced by the aviation industry.
At present, a handful of market players holding expertise in manufacturing MMR systems are dominating the market. The strong geographical presence of these incumbents, coupled with existing long-term supply contracts, will ensure steady growth of the MMR market over the forecast period. Market players are also adhering to strategies aimed at new product development and expansion in order to strengthen their foothold in the market. For instance, in 2017, Honeywell International Inc. developed a new integrated MMR that complies with GLS CAT-III navigation standards.
Multi-mode Receiver Market Report Highlights
- The fixed-wing segment dominated the global multi-mode receiver industry with a revenue share of 63.3% in 2024. Designed for aircraft that generate lift through fixed wings, these multi-mode receivers are an integral part of the airline's passenger carriers and cargo aircraft.
- The line-fit multi-mode receivers segment held the largest revenue share of the global multi-mode receiver industry in 2024. The line-fit multi-mode receivers are installed during an aircraft's initial phase or development, while retrofit is installed into existing carrier capabilities during the upgrades and enhancements.
- The navigation and positioning segment dominated the global multi-mode receiver industry in 2024. The multi-mode receiver is primarily installed to receive numerous signals from various systems and technologies, combining them for verifications and providing guidance and actionable intelligence.
- The aerospace and defense segment held the largest revenue share of the global multi-mode receiver market in 2024. This is attributed to the increasing utilization of advanced multi-mode receivers in commercial airline fleets, business airline fleets, and defense aircraft.
- North America dominated the global multi-mode receiver market, with a revenue share of 37.6% in 2024.
This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Multi-mode Receiver Variables, Trends, & Scope
Chapter 4. Multi-mode Receiver Market: Platform Estimates & Trend Analysis
Chapter 5. Multi-mode Receiver Market: Fit Estimates & Trend Analysis
Chapter 6. Multi-mode Receiver Market: Application Estimates & Trend Analysis
Chapter 7. Multi-mode Receiver Market: End Use Estimates & Trend Analysis
Chapter 8. Multi-mode Receiver Market Region Estimates & Trend Analysis
Chapter 9. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
- BAE Systems
- Garmin Ltd.
- Honeywell International Inc.
- Indra Sistemas
- Intelcan Technosystems Inc.
- Leonardo S.p.A.
- Deere & Company
- Collins Aerospace
- Saab AB
- systemsinterface (FREQUENTIS)
- Thales
- Trimble
- VAL Avionics Ltd.
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 100 |
Published | January 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 1.54 Billion |
Forecasted Market Value ( USD | $ 1.94 Billion |
Compound Annual Growth Rate | 4.2% |
Regions Covered | Global |
No. of Companies Mentioned | 13 |