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Increasing Seaborne Trade Across The Globe To Propel Port Equipment Market

The factors that are expected to fuel the growth of the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Various countries have been focusing on developing new ports owing to the increase in vessel count and trade volume. According to the International Chamber of Shipping, 90% of the world’s trade is carried out through seaways as they are ideal for heavy and bulk goods, have large carrying capabilities, and offer competitive freight costs. The global port equipment market size is expected to grow from USD 29.2 billion in 2018 to USD 36.6 million by 2023, at a CAGR of 3.30% during the forecast period. The major driving factors for the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Based on equipment type, the straddle carriers segment is estimated to lead the port equipm
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Growth Of The Aircraft Antenna Market Is Driven By The Increasing Demand For Durable And Efficient Aircraft Antennas

The global aircraft antenna market size is estimated to be USD 310.6 Million in 2017 and is projected to reach USD 405.7 Million by 2022, at a CAGR of 5.49% during the forecast period from 2017 to 2022. The growth of the aircraft antenna market is driven by the increasing demand for durable and efficient aircraft antennas from North America, Asia Pacific, the Middle East, and Africa and the rising number of aircraft deliveries across the globe.

Browse 65 Market Data Tables and 31 Figures spread through 123 Pages and in-depth TOC on "Aircraft Antenna Market - Global Forecast to 2022"

Based on end user, the OEM segment is expected to lead the aircraft antenna market during the forecast period.

Based on end user, the aircraft antenna market has been segmented into OEM and aftermarket. The OEM end user segment is expected to lead the aircraft antenna market during the forecast period, as the number of aircraft deliveries is increasing worldwide.

Based on application, the navigation & surveillance segment is projected to lead the aircraft antenna market from 2017 to 2022.

With the rise in the number of aircraft worldwide, there is an increase in airspace congestion that has led to the increase in each flight level. Thus, enhanced safety features with navigation and surveillance antennas have been introduced in aircraft. As the manufacturing cost of military aircraft is higher than commercial aircraft, the market for aircraft antennas used in military aircraft is expected to witness significant growth between 2017 and 2022.

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Target Audience

  • Manufacturers/Suppliers of Aircraft Antenna Components
  • Original Equipment Manufacturers (OEMs)
  • Subsystem Manufacturers
  • Aftermarket Operators
  • Ministries of Defense of Different Countries
  • Technology Support Providers
  • Global Aviation Industry
  • Scientific Research Centers

The North American region is estimated to account for the largest share of the aircraft antenna market in 2017.

Advancements in transmission technologies and designs of antennas used in different types of aircraft are expected to fuel the growth of the North America aircraft antenna market during the forecast period. Furthermore, the Asia Pacific aircraft antenna market is projected to grow at the highest CAGR during the forecast period. The growing demand for different types of aircraft for civil & commercial applications and increasing deployment of advanced aircraft antennas in military aircraft for the navigation & surveillance application are factors influencing the growth of the Asia Pacific aircraft antenna market.

Key players in the market include Cobham (UK), Harris (US), Honeywell (US), RAMI (US), etc.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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