The growth of aircraft radome market is highly influenced by the remarkable growth in air travel across the globe. The growth in air travel has increased significantly over the years due to increase in disposable income among the middle class society and upper middle class society worldwide. Moreover, reduction in travel time and comfortability is also acting as a growth factor for commercial aviation as well as military aviation. This also leading the aircraft manufacturers to procure more number of aircraft components which includes aircraft radomes in order to meet the increasing aircraft orders and backlogs. Another factor boosting the market for aircraft radome is the modernization of aircraft programs in both commercial aviation as well as military aviation. The modernization of aircrafts includes up gradation of various components such as engine, landing gear, antennas, in-flight entertainment systems, radomes, and armaments among others. The aircraft radome market is poised to grow over the period with technological advancements being conducted by various industry participants in order to design and develop most advanced radome.
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Growth in the recent five years is primarily driven by two major factors, such as rise in demand for air travel and increase in need for quartz based fiber material for aircraft radome.
The key players profiled in the report are Orbital ATK, General Dynamics Corporation, Airbus S.A.S, Jenoptik AG, Kitsap Composites, Meggitt PLC, NORDM Group Inc., Saint-Gobain, Starwin Industries and Vermont Composites.
Significant Rise in Demand for Air Travel
In the recent years, the global airspace is witnessing a significant growth in commercial air traffic as well as military air traffic. The demand for air transportation is exponential as a result of which, the number of commercial aircrafts and military aircrafts are also increasing rapidly. In order to meet the constantly growing demand for air travel, the commercial airlines and the defense forces are procuring latest technology aircrafts. This factor is engaging the aircraft radome manufacturers to invest substantial amount in research and development in order to design and manufacture technologically advanced radome with high quality material, keeping the price at a moderate level. The significant rise in aviation is also leading the aircraft radome manufacturers to compete among each other to acquire contracts from the leading aircraft manufacturers in order to maintain the market shares. Thus, the notable growth in demand for commercial air travel as well as military transportation and fighter aircrafts, the aircraft radome market is escalating at a fair pace and is expected to surge in the coming years.
Increasing Demand for Quartz Fiber
The modern aircraft radome manufactures need to provide the latest low dielectric prepregs, which offer low moisture absorption, low dielectric constant properties and low loss tangent among others. This is achieved by syntactic foams, liquid resin systems, and cyanate ester and epoxy based prepregs, and the combination of these composite materials eliminates conductive graphite from dielectric material, resulting in ensured electrically pure products with higher quality. The demand for aircraft radome with quartz fiber is increasing at a rapid rate across the globe, especially in Asia Pacific region due to various advantages of quartz over glass-fiber radome or resin radome. The cyanate ester quartz fiber offers best quality dielectric constant ranging from 3.2 to 3.35, loss tangent from 0.0001 to 0.009. Quartz fiber can withstand temperature ranging from 135 degrees centigrade to 204 degrees centigrade, the laminate moisture absorption is lowest among all the composites used in the aircraft radome, and the laminate impact strength is higher than glass-fiber materials. Attributing to these benefits of quartz fiber over glass fiber, the demand for quartz fiber is increasing substantially among the commercial airlines as well as the defense forces across the globe, which is leading the aircraft radome market to escalate significantly during the forecast period from 2017 to 2025.
The global aircraft radome market has been segmented on the basis of design type into nose radome and fuselage mounted radome. Aircraft Radomes are manufactured by a variety of material composites which have been subdivided into the following major categories as glass fiber, resin and quartz. Also, aircraft radomes find their applications for commercial aircrafts and military aircrafts which constitute the aircraft type segment for this market. Geographically, the global Aircraft Radome market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
The modern radome increases the stealthy properties of an aircraft which is highly beneficial for both commercial and military aircrafts, and owing to this, the airlines and defense forces are procuring modern radome in huge numbers. Thus, the modernization of existing aircrafts is acting as a major opportunity factor for the aircraft radome manufacturers, which in turn is anticipated to bolster the market for aircraft radome in the coming years.
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