July 14, 2024
Aircraft Radome Market

The Aircraft Radome Market Estimated To Witness Growth Due To Advancing Coating Technologies

The Aircraft Radome Market is estimated to be valued at US$ 640.7 Million in 2022 and is expected to exhibit a CAGR of 8.6% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

An aircraft radome is a structural, weatherproof enclosure that protects radar antenna and transmits its beam. Aircraft radome plays an important role in concealing radar antennas and other navigation equipment while allowing electromagnetic signal to pass efficiently. The key function of radome is to protect radar and antenna systems from harsh weather conditions during flight operations without degrading their performance. It acts as a protective cover made from dielectric or composite materials.

Market Dynamics:

Rising demand for specialized coatings in aircraft radome owing to their ability to minimize radar signal attenuation and distortion is a key factor driving growth of the market. Advancing coating technologies allow optimizing electrical and structural properties of radome. For instance, frequency selective surfaces coating helps in transmitting electromagnetic energy within certain frequency bands while reflecting others. Furthermore, miniaturization of electronic components and integration of multiple antennas and sensors in aircraft structure is gaining traction. This requires development of compact and lightweight radome structures. Nanocomposites and 3D printing technologies help in manufacturing customized radome parts with complex geometries. However, high costs associated with production of advanced composite radome using proprietary materials and processes can hamper market growth.

Segment Analysis

The global Aircraft Radome market is dominated by the composite radome segment which holds around 65% of the total Aircraft Radome Market share. The composite radomes are gaining popularity as they provide advantages such as lightweight, durability, corrosion resistance, and ability to withstand extreme environmental conditions. The composite radomes are manufactured using fiberglass, resins and adhesives which make them around 30% lighter than metallic radomes. The lighter weight of composite radomes reduces the aircraft weight and thereby improves its performance.

PEST Analysis

Political: Aviation regulations regarding aircraft safety are becoming more stringent. Regulations ensure radomes meet strict requirements to protect antennas during all phases of flight.

Economic: Growth of air passenger and air cargo traffic is driving demand for new aircraft. This is fueling the need for more advanced radomes to support modern radar, communication and electronic warfare systems.

Social: Increasing focus on connectivity has increased necessity of radomes to allow upgrade of WiFi and passenger entertainment systems on aircraft.

Technological: Development of active electronically scanned array (AESA) radars is driving integration of more advanced composite and metamaterial based radomes to allow optimal radar performance in all directions.

Key Takeaways

The global Aircraft Radome market is expected to witness high growth, exhibiting CAGR of 8.6% over the forecast period, due to increasing passenger air traffic globally. The regional aircraft fleet is also rising across developing nations which is driving the need for new radomes.

The North American region dominates the global Aircraft Radome market with a share of over 35% due to large fleet of military and commercial aircraft in USA and Canada. Presence of leading radome manufacturers like General Dynamics and Nordam also contributes to its prominence.

Key players operating in the Aircraft Radome market are General Dynamics, Airbus, Nordam, Saint-Gobain, Meggitt, Starwin Industries, Kitsap Composites, Orbital ATK, Jenoptik, Harris, Vermont Composites, Pacific Radomes, Royal Engineered Composites, AVIC, ATK, Kelvin Hughes, Raytheon, Leonardo, Ducommun, CPI. Large OEMs like General Dynamics, Airbus and Leonardo have advantage of in-house radome production while other focus on specific segment like composites for Nordam and metallic for ATK.

1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it