Asia-Pacific Airport Antenna Market Forecast to 2027 – COVID-19 Impression and Regional Evaluation – ResearchAndMarkets.com

DUBLIN – (BUSINESS WIRE) – The report “Asia-Pacific Airport Antennas Market Forecast to 2027 – COVID-19 Impact and Regional Analysis by Airport Type, Antenna Type, Frequency Band, and Application” has been added ResearchAndMarkets.com Offer.

According to a new market research study, the market is expected to reach $ 416.06 million by 2027, up from $ 242.32 million in 2019.

The market is expected to grow 7.1% from 2020 to 2027. The report presents the prevailing trends in the APAC Airport Antenna Market along with the drivers and restraints for market growth. High-tech and superior airport communication system through distributed antenna system (DAS) is the main factor for the growth of the APAC airport antenna market. However, problems related to enormous installation costs and maintenance costs for aircraft antennas are hampering the growth of the APAC airport antenna market.

APAC Airport Antenna Market has been segmented into Airport Type, Antenna Type, Frequency Band, and Application. Based on the airport type, the APAC airport antenna market is segmented into military airports and commercial airports. The commercial airport segment had the largest market share in 2019. Based on the antenna type, the APAC airport antenna market is divided into dipole and monopole. The dipole segment held a significant market share in 2019.

The ongoing COVID-19 is also having a negative impact on the APAC region. APAC is characterized by the presence of a large number of developing countries, positive economic prospects, high industrial presence, strategic government initiatives, a large population, and increasing disposable income. All of these factors make APAC an important growth region for various solutions and services markets, including the airport antenna market.

The coronavirus outbreak had an impact on the industry due to uncertainty in the supply chain and user demand. APAC is responsible for most of the new construction and expansion of airports. China tops the table in APAC with significant numbers and investments, followed by India. There was tremor from the COVID-19 pandemic in both countries. This had led to a sudden cessation of construction activity in the past few months, which in turn had a negative impact on the technology supply chain.

In addition, airport operations have been temporarily postponed, which has slowed the adoption of technologies by airport authorities and airlines. So far, India has the highest number of COVID-19 confirmed cases and reported deaths. APAC is a critical region for the fastest growing aviation industry. According to the 2019 Annual World Airport Traffic Report, China contributed 18.1% to global passenger traffic, and India contributed 5.9% to global passenger traffic. Around 3.3 billion passengers come from the APAC region. The COVID-19 pandemic has disrupted the operations of various airport construction and development companies. The governments of countries like India and China are taking drastic measures to lessen the impact of the COVID-19 outbreak by announcing lockdowns and travel bans. These measures are expected to have a negative impact on the growth of the airport antenna market in this region for at least the next 6 months.

Reasons to buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC Airport Antenna Market

  • Highlights key business priorities to help companies realign their business strategies

  • The key findings and recommendations highlight the key advanced industry trends in the APAC airport antenna market and enable actors along the value chain to develop effective long-term strategies

  • Develop / modify business expansion plans using a significant growth offer for both developed and emerging markets

  • Examine in-depth APAC market trends and prospects related to the factors driving the airport antenna market as well as those that are hindering it

  • Improve the decision-making process by understanding the strategies underlying commercial interest in relation to customer products, segmentation, pricing, and sales

Market dynamics

driver

  • Improvement of the airport infrastructure

  • Demand for unmanned military aircraft (UAV) is increasing sharply

restrictions

  • Huge installation and maintenance costs for aircraft antennas

opportunities

  • Boost in the construction and expansion of the airport due to increasing government investments

Future trends

  • High-tech and superior airport communication system via DAS

Mentioned companies

  • Cobham Limited

  • HENSOLDT Inc.

  • Northrop Grumman Corporation

  • Rohde & Schwarz GmbH & Co.

  • conditions

Please visit https://www.researchandmarkets.com/r/rxb6wy for more information on this report

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