VHF Air-Ground Communication Stations Market Overview, Scope, Trends, Size, Comprehensive Analysis, Growth And Forecast 2023

 

Key Players:

Major market players listed in the VHF air-ground communication stations market report are Raytheon Company (U.S.), Spaceon (China), Becker Avionics (U.S.), Honeywell International Inc. (U.S.), Viasat Inc. (U.S.), Rockwell Collins (U.S.), Thales Group (France), Northrop Grumman Corporation (U.S.), Selex ES (U.S.), Rohde & Schwarz (Germany), and others.

The competition is highly intense in nature with launch of new products driven by changes in application-specific integrated circuit (ASIC) designs and advances in technologies. In addition, government support and agreements with airlines are strategies followed by major players.

Overview

The VHF air-ground communication stations market is projected to touch a valuation of USD 569.9 million by 2023, as per the findings of Market Research Future (MRFR). It can exhibit a CAGR of 15.46% over the forecast period (2018-2023). Its previous valuation was USD 253.2 million in 2017. This can be credited to the mushrooming of various airports built to handle mass volume of air passenger traffic.

The trend of wireless communication made popular in the telecommunication industry has found application in communication avionics. This can bridge any gaps between air traffic controllers and pilots. Ensuring the safety and efficiency of flights is likely to bolster the demand of the VHF air-ground communication stations market.

Technological developments encouraged by government federal agencies and breakthroughs by component manufacturers can bode well for the market growth. This can be useful in the back of rapid urbanization which can culminate in a mass inflow of passengers. Moreover, airlines expanding their fleet numbers to handle passenger volumes is likely to lead to rapid integration of this technology.

Segmentation:

By type, the desktop air-ground communication stations segment accounted for nearly 61% of the VHF air-ground communication systems market in 2017. It can reach a valuation of USD 349.5 million by 2023, at a CAGR of 14.78% over the forecast period. This can be credited to advantages of high operational efficiency, low communication signal interference, and low pilot workload. Contracts and agreements between manufacturers and government agencies are likely to propel segment growth. On the other hand, portable air-ground communication stations can experience an impressive CAGR of 16.47% over the forecast period. Its valuation will more than double to USD 247.4 million by 2023 from its previous worth of USD 115.4 million in 2018.

Among applications, air traffic control systems led in 2017 with 45.63% market share. Following them were civil aviation air-ground communication, military aviation communication, and ‘others’ with 24.25%, 20.11%, and 10.01% shares respectively. Among these, air traffic control systems can continue to be the leading application till 2023. The small antennas and the short wavelength of VHF band can push its valuation to USD 287.5 million by 2023, at a CAGR of 16.50% over the forecast period. The civil aviation air-ground communication application is the second-biggest application in the VHF air-ground communication stations market. It can touch a size of USD 142.9 million by 2023.

Regional Analysis:

Geographic analysis of the VHF air-ground communication stations market includes namely North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America.

North America accounted for 43.89% share of the VHF air-ground communication stations market in 2017, followed by Europe (24.97%), APAC (17.66%), South America (7.81%), and MEA (5.67%). The North America region can touch a valuation of USD 264.9 million by 2023, at a CAGR of 15.67% during the assessment period. Factors driving regional growth include presence of prominent manufacturers such as Rockwell and delivery of nearly 10,000 aircraft by 2035.

The APAC VHF air-ground communication stations market is expected to exhibit the highest CAGR of 17.50% over the forecast period to touch a size of USD 117.2 million by 2023. This can be attributed to the booming aviation sector in China, India, Japan, and South Korea. Adoption of next-generation communication technologies is projected to drive regional growth exponentially.

The Europe region can reach a size of nearly USD 142.9 million by 2023 at a CAGR of 14.64% during the assessment period. It can accrue a demand of 18 thousand units by 2023. Collaborations between airlines and aircraft operators can propel market growth.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/vhf-air-ground-communication-stations-market-7213

 

Comments

Post a Comment

Popular posts from this blog

GERD and NERD Treatment Market Rising Uptake Of Technology In Medical And Healthcare Sector To Boost Industry’s Growth Market 2019 Market Highlights: GERD & NERD Treatment Market Research Report- Americas forecast till 2023 growing continuously and is expected to grow at a CAGR of 4.02 % from 2017 to 2023. Heartburn is the burning sensation in the chest behind the breastbone that we feel when stomach acid refluxes back into the esophagus (food tube). Increasing prevalence of gastric diseases has increased the investment in GERD medication for research and development. This is expected to further drive the demand for gastroenteric drugs. Major players in GERD & NERD treatment market Some of the major players in this market are ( U.S.), GlaxoSmithKline Plc (U.K), Ironwood Pharmaceuticals, Inc. (U.S.), Jeil pharmaceutical Co. Ltd. (South Korea), Johnson & Johnson (U.S.), Mederi Therapeutics Inc. (U.S.), Medigus Ltd. (Israel), Medtronic Inc. (U.S.), Merck & CO.,...
Read more
Air Ambulance Services Market Size, Share, Trends, Application  Global Air Ambulance Services Market  Overview The Global Air Ambulance Services Market is expected to reach USD 11,456.3 million by 2024 at a CAGR of 2.95% during the forecast period. Air ambulance manufacturers are investing heavily in advanced technologies to reduce costs and improve turnaround time. For instance, 3D printing is dramatically changing the way structures and components of aircraft are currently designed and manufactured. It reduces the design constraints that engineers face when using conventional fabrication techniques. Furthermore, the ability to fabricate functional electronics into complex structures using 3D printing allows manufacturers to offer air ambulances that operate effectively in adverse conditions such as inclement weather, tsunamis, droughts, and cyclones. Global Air Ambulance Services Market  Segmental Analysis The global air ambu...
Read more

Satellite Communication (SATCOM) Market Outlook And Opportunities With Future Growth Scenario By 2027

  Market Forecast The satellite communication (SATCOM) market is projected to register a  CAGR of 8.44%  between  2021 and 2027 .   SATCOM is used for the transmission of information from one place to another with the aid of a satellite that orbits around the Earth. SATCOM is employed for a wide range of mobile applications, including communication to aircraft, ships, vehicles, and hand-held terminals, as well as for TV and radio broadcasting. The increasing deployment of small satellites, growing demand for high-speed Internet, and rising adoption of maritime VSAT are primarily driving the market's growth. Additionally, increasing demand for small form factor SATCOM solutions and frequent launches of military satellitesare driving the global market's growth. Globally, military spending has increased significantly in recent years. Factors such as ongoing conflicts in the Middle East & Africa, long-standing tensions, territorial disputes between ...
Read more