Market forecast for Airport Antennas in North America by way of 2027
New York, December 23, 2020 (GLOBE NEWSWIRE) – Reportlinker.com Announces the Release of Report “Airport Antenna Market In North America Through 2027 – COVID-19 Impact And Regional Analysis By Airport Type, Antenna Type, Frequency Band, And Application” – https: //www.reportlinker.com/p05999745/?utm_source=GNW
An aircraft uses radio frequency antennas to navigate its destinations and communicate with air traffic control. Airport antennas are mainly used for military and commercial airports.
At military airports, the antennas enable improved communication through the introduction of high frequency, very high frequency and ultra high frequency bands. These advanced antenna solutions provide vehicle, ground, air, and marine applications that can be used to conduct multiple military operations.
Advances in airport antenna systems are accelerating due to the increasing construction and renovation of new and existing airports across North America. As the number of passengers traveling by air increases, wifi wireless hotspot antennas are widely used in airports to provide high-speed internet access to passengers. The Mobile Mark, Inc., a UK-based company, offered 5G fleet management antennas for the Global Navigation Satellite System (GNSS) and Wi-Fi facilities to be used for communications, public safety and vehicle fleet management in October 2019. The further development of the airport infrastructure is also a key factor for the North American airport antenna market. In addition, COVID-19 is having a very devastating impact on the North America region. Currently, the US is the hardest hit country due to the COVID-19 outbreak. North America is one of the most important regions for the introduction and growth of new technologies due to favorable government policies promoting innovation, the presence of high-tech companies and high purchasing power, especially in developed countries such as the USA and Canada. The US is the hardest hit country in North America. Thousands of infected people face serious health problems across the country. The continuous growth of infected people had led the government to close the country’s borders in recent months. The closure of the airport to regular passengers has led to a deflation of airport revenues. The adoption rate of technology adoption at US airports is reasonable, and due to airport closures, demand has dropped to drastic levels. In addition, the entire construction process as well as research and development activities would be affected in the short term. This shows a negative effect on the airport antenna market. However, the effects of COVID-19 are short-term and are expected to decrease by 2022.
Market overview and dynamics
The airport antenna market in North America is projected to grow from $ 440.17 million in 2019 to $ 624.97 million in 2027. It is estimated that it will grow at a CAGR of 4.6% from 2020 to 2027. As the number of passengers and air travel in North America grows, so does the demand for airport improvements. The governments of various countries are investing heavily in the expansion and construction of the airport to cope with the increasing number of passengers. Several airport construction projects are underway in different countries that require the integration of innovative and advanced technological devices to optimize the overall operational efficiency of the airport. The government plans to attract private investment to build various new airports by 2024. Such an enormous investment in the construction of airports offers the manufacturers of airport antennas enormous opportunities to develop and introduce innovative products and solutions.
Important market segments
In terms of airport type, the commercial airport segment had the largest share of the North American airport antenna market in 2019. Based on antenna type, the dipole segment had a larger market share in the North American airport antenna market in 2019.
Based on the frequency band, the very high frequency held a significant proportion throughout the forecast period. Based on application monitoring, the segment is expected to be the fastest growing segment over the forecast period. That is from 2017 to 2027.
Important sources and companies listed
Some key primary and secondary sources in the compilation of this report on the North American Airport Antenna Market include company websites, annual reports, financial reports, national government documents, and statistical databases, among others. The main companies listed in the report are Amphenol Procom; Antenna Products Corporation; Comrod Communications AS .; HENSOLDT; Northrop Grumman Corporation; Rohde & Schwarz GmbH & Co .; Terma; Wade Antenna, Inc .; and Watts Antenna Company.
Market segmentation for airport antennas in North America
North America Airport Antenna Market – By Airport Type
• military airport
• Commercial airport
North America Airport Antenna Market – By Antenna Type
North America Airport Antenna Market – By Frequency Band
• high frequency
• Very high frequency
• Ultra high frequency
North America Airport Antenna Market – By application
North America Airport Antenna Market – By Country
• UNITED STATES
North America Airport Antenna Market company profiles
• Amphenol Procom
• Antenna Product Corporation
• Comrod Communication AS.
• HENSOLDT Inc.
• Northrop Grumman Corporation
• Rohde & Schwarz GmbH & Co.
• Wade Antenna, Inc.
• Watts Antenna Company
Read the full report: https://www.reportlinker.com/p05999745/?utm_source=GNW
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