Europe Airport Antenna Market
An antenna is a device that receives and transmits electrical signals. Antennas play an important role in airports to facilitate mobile telephony, satellite communication, and wireless local area networks. An aircraft uses radio frequency antennas to navigate their destinations and to communicate with air traffic control. Airport antennas are mainly used for military airports and commercial airports. In military airports, the antennas enable enhanced communication by introducing high frequency, very high frequency and ultra-high frequency bands. These advanced antenna solutions provide vehicular, ground-based, airborne, and shipboard applications that helps exhibit multiple military operations. The strong inclinations toward air travel have resulted in significant air passenger traffic growth across the region. The demand for airport antenna for better reception of signals in the airport has escalated remarkably over the years in the European countries. The Europe airport authorities are taking several initiatives to increase the number of airports to manage the increasing air travelers. Therefore, the increasing technological developments and availability of various types of antennas are driving the growth of the Europe airport antenna market. The increase in developments and modifications of airport antennas would significantly help the market players to generate more revenue. . Also advancement of airport infrastructure is a major factor driving the Europe airport antenna market. Furthermore, COVID-19 is having very bad impact over the Europe region. Due to the COVID-19 outbreak, Spain, Italy, Germany, UK, and France are some of the worst affected member states in the European region. Businesses in the region are facing severe economic difficulties as they had either to suspend their operations or reduce their activities in a substantial manner. Owing to business shutdown, the region is anticipated to an economic slowdown in 2020 and most likely in 2021 also. Air business is one of the important businesses in the European countries, and the outbreak of COVID-19 across the region has paralyzed the entire business. The revenue generated from airports contributes a significant share in the GDP of every European country. However, the airports in the region are witnessing continual stall in revenues, as operations had been suspended for regular passenger flights in last few months as well as halt of airport infrastructure development in several countries. Owing to the temporary termination of airport operations (except cargo business and repatriation), the revenue generation for end users has fallen drastically, which would take a longer time to normalize. However, it is expected that, with the start of construction projects, the demand for technologically advanced systems and the software will grow. This outbreak is anticipated to negatively impact the growth of the airport antenna market in Europe. Nonetheless, the airport antenna market in 2020 in Europe will remain sluggish.
Strategic insights for the Europe Airport Antenna provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 335.06 Million |
| Market Size by 2027 | US$ 503.44 Million |
| Global CAGR (2020 - 2027) | 5.3% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Airport Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
The geographic scope of the Europe Airport Antenna refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The airport antenna market in Europe is expected to grow from US$ 335.06 million in 2019 to US$ 503.44 million by 2027; it is estimated to grow at a CAGR of 5.3% from 2020 to 2027. The communications infrastructure plays a significant role and is considered a major element of the airport. With the growing advancement in technology, the demand for smart infrastructure is also increasing. The demand for intelligent airports is opening a platform for end-to-end services and supporting applications. The distributed antenna system (DAS) provides a perfect balance of high flexibility, security, availability, and interoperability. It also supports airport transformation, enhances the services for all stakeholders, minimizes the operational costs, and produces a new revenue stream. The airport communication infrastructure provides efficient signals to airlines and the airport facility with the mission-critical infrastructure by supporting other airport systems and services.
In terms of airport type, the commercial airport segment accounted for the largest share of the Europe airport antenna market in 2019. Based on antenna type, the dipole segment held a larger market share of the Europe airport antenna market in 2019. On basis of frequency band, very high frequency held substantial share throughout the forecast period. Based on application surveillance segment is expected to be the fastest growing segment during the forecast period; which is from 2017 to 2027.
A few major primary and secondary sources referred to for preparing this report on the airport antenna market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Amphenol Procom, Cobham Limited, Comrod Communications AS., HENSOLDT, Northrop Grumman Corporation, Rohde & Schwarz GmbH & Co., Terma.
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The Europe Airport Antenna Market is valued at US$ 335.06 Million in 2019, it is projected to reach US$ 503.44 Million by 2027.
As per our report Europe Airport Antenna Market, the market size is valued at US$ 335.06 Million in 2019, projecting it to reach US$ 503.44 Million by 2027. This translates to a CAGR of approximately 5.3% during the forecast period.
The Europe Airport Antenna Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Airport Antenna Market report:
The Europe Airport Antenna Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Airport Antenna Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Airport Antenna Market value chain can benefit from the information contained in a comprehensive market report.
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