Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 511 Million | USD 874 Million | 5.5% | 2024 |
FrequentlyAsked Questions
An aircraft radome—a mix of radar and dome—protects the radar antenna of an airplane with a waterproof covering. Its main purposes are to lower aerodynamic drag and conceal the radar system from external elements, such as wind, rain, lightning, and debris, thereby preserving aircraft performance.
The aircraft radome market is driven by several variables, including technological advancements and the growing aerospace industry.
According to the report, the global aircraft radome market size was worth around USD 511 million in 2024 and is predicted to grow to around USD 874 million by 2034.
The global aircraft radome market is expected to grow at a CAGR of 5.5% during the forecast period.
The global aircraft radome market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the presence of major players and the robust aerospace sector.
The global aircraft radome market is dominated by players like General Dynamics, Airbus, Nordam, Saint-Gobain, Starwin Industries, Meggitt, Kitsap Composites, Vermont Composites, Orbital ATK, Jenoptik, Harris, Pacific Radomes, Royal Engineered Composites, AVIC, ATK, Kelvin Hughes, Raytheon, Leonardo, Ducommun, and CPI, among others.
The aircraft radome market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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