European Airport Antenna Market by 2027 – COVID-19 Influence Evaluation – ResearchAndMarkets.com

DUBLIN – (BUSINESS WIRE) – The report “European 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 this market research, the European airport antenna market is projected to reach $ 503.44 million by 2027, up from $ 335.06 million in 2019.

The market is expected to grow by 5.3% from 2020 to 2027. The report presents the prevailing trends in the European Airport Antenna Market along with the drivers and restraints for market growth. Military unmanned aerial vehicles (UAV) are demanding and this is the main factor behind the growth of the European airport antenna market. However, problems related to the installation and maintenance of aircraft antennas, which are too expensive, are hampering the growth of the European airport antenna market.

The European airport antenna market has been divided into airport type, antenna type frequency band, and application. Based on the airport type, the European airport antenna market is divided into military airports and commercial airports. The commercial airport segment had the largest market share in 2019. Based on the antenna type, the European airport antenna market is divided into dipole and monopole. The dipole segment held a significant market share in 2019. Based on the frequency band, the European airport antenna market is divided into high frequency, very high frequency, and ultra high frequency categories. Very high frequencies had the largest share and are also the fastest growing segment in the forecast period. Depending on the application, the European airport antenna market is divided into SATCOM, surveillance, navigation and other areas. SATCOM held the largest market share in the forecast period.

The ongoing COVID-19 is also having a very bad impact on the Europe region. Due to the COVID-19 outbreak, Spain, Italy, Germany, UK and France are among the hardest hit member states in the European region. Companies in the region are facing major economic difficulties as they have either had to cease operations or significantly reduce their activities. Due to the closure of the store, the region is expected to experience an economic slowdown in 2020 and most likely in 2021 as well. The aviation business is one of the most important lines of business in European countries, and the COVID-19 outbreak across the region has crippled the entire business. Airport revenues contribute significantly to the GDP of every European country.

However, airports in the region are seeing a steady decline in revenue as regular passenger flights have ceased operations in recent months and airport infrastructure development has ceased in several countries. Due to the temporary cessation of airport operations (with the exception of the cargo business and repatriation), revenue generation for end users has dropped dramatically, which would take longer to normalize. However, it is expected that as construction projects begin, demand for technologically advanced systems and software will increase. This outbreak is expected to have a negative impact on the growth of the airport antenna market in Europe. Nevertheless, the airport antenna market in Europe will remain sluggish in 2020.

Reasons to buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the European 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 European 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 market trends and prospects in Europe, as well as the factors driving and constraining the airport antenna market

  • 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 and improvement of the airport infrastructure

  • Military unmanned aerial vehicle (UAV) with high requirements

restrictions

  • Installation and maintenance of aircraft antennas are too costly

opportunities

  • Surging government budget for the expansion and establishment of airports in Europe

Future trends

  • Advanced and newest airport communication system via DAS

Mentioned companies

  • Amphenol Procom

  • Cobham Limited

  • Comrod Communication AS.

  • HENSOLDT Inc.

  • Northrop Grumman Corporation

  • Rohde & Schwarz GmbH & Co.

  • conditions

Please visit https://www.researchandmarkets.com/r/puz9pi for more information on this report

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