The global demand for Radome Market is presumed to reach the valuation of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2020 - 2027.
A radome is an auxiliary, weatherproof envelope that secures a radar receiving wire. It shields the radio wire from climate and hides receiving electronic wire hardware from seeing. They are built of material that negligibly weakens the reception apparatus's electromagnetic sign or got by the reception apparatus, successfully straightforward to radio waves. Radome are either developed in a round, geodesic, planar, or made of either rigid self-supporting materials or air-inflated flexible fabrics. It plays a crucial role in protecting radar from the environment, such as rain, snow, strong wind, and UV light.
Increasing usage of the radar in aircraft, remote sensing, surveillance, and sea transportation is a significant factor driving the global radome market's growth. Radome reduces the maintenance and operating cost of the equipment by providing a protective shield. It prolongs the lifespan of components and equipment and enables the radar to serve in all-weather conditions. These features are estimated to amplify the growth of the target market over the forecast period. Escalating adoption of radome in unmanned aerial vehicles (UAV) is foreseen to swell its sales in coming years. However, the high cost of radome due to intricate design may hamper the global radome market's growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of radome.
The report segments the radome market and analyses it with respect to the geography, intending to keep the marketer informed and help them identify the target demographics for the product or service.
- Commercial & Business Aircraft
- Airborne Radome Type
- Unmanned Aerial Vehicle
This section covers regional segmentation which accentuates on current and future demand for radome market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Radome Market by Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the radome market include L3 Technologies, Inc., General Dynamics Corporation, Koninklijke DSM N.V., Jenoptik AG, Compagnie de Saint-Gobain S.A., Orbital ATK (Northrop Grumman Innovation Systems), Verdant, The NORDAM Group, Inc., TenCate Advanced Composites USA, Inc., Royal Engineered Composites, Inc.S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.