The Impact of COVID-19 is included in Radome Market Report. Buy it today to get an advantage.
Request the impact of COVID-19 on your product or industry
Radome Trends and Forecast
The future of the global radome market looks promising with opportunities in the radar, sonar, and communication antenna markets. The global radome market is expected to reach an estimated $4.8 billion by 2030 with a CAGR of 14.9% from 2024 to 2030. The major drivers for this market are innovations in composite materials technology for enhancing radome structure, desire for cutting-edge carbon fiber radome systems for the next era of aircraft technology, and the importance of radomes in military operations.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Radome by Segment
The study includes a forecast for the global radome by platform, offering, frequency, application, and region.
Radome Market by Platform [Shipment Analysis by Value from 2018 to 2030]:
• Airborne
• Ground
• Naval
Radome Market by Offering [Shipment Analysis by Value from 2018 to 2030]:
• Product
• Service
Radome Market by Frequency [Shipment Analysis by Value from 2018 to 2030]:
• HF/UHF/VHF-Band
• L-Band
• S-Band
• C-Band
• X-Band
• KU-Band
• KA-Band
• Multi-Band
Radome Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Radar
• Sonar
• Communication Antenna
Radome Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Radome Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies radome companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the radome companies profiled in this report include-
• Lockheed Martin
• Northrop Grumman
• Thales
• General Dynamics
• Saint-Gobain
• BAE Systems
• L3Harris Technologies
Radome Market Insights
Lucintel forecasts that ground is expected to witness the highest growth over the forecast period expansion of communication networks, such as broadband, 4G, and 5G.
Asia Pacific will remain the largest region over the forecast period due to growing spending in military and commercial aviation projects, as well as a growing demand for commercial aviation.
Features of the Global Radome Market
Market Size Estimates: Radome market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Radome market size by various segments, such as by platform, offering, frequency, application, and region in terms of value ($B).
Regional Analysis: Radome market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different platform, offering, frequency, application, and regions for the radome market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the radome market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the radome market size?
Answer: The global radome market is expected to reach an estimated $4.8 billion by 2030.
Q2. What is the growth forecast for radome market?
Answer: The global radome market is expected to grow with a CAGR of 14.9% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the radome market?
Answer: The major drivers for this market are innovations in composite materials technology for enhancing radome structure, desire for cutting-edge carbon fiber radome systems for the next era of aircraft technology and the importance of radomes in military operations.
Q4. What are the major segments for radome market?
Answer: The future of the radome market looks promising with opportunities in the radar, sonar, and communication antenna markets.
Q5. Who are the key radome market companies?
Answer: Some of the key radome companies are as follows:
• Lockheed Martin
• Northrop Grumman
• Thales
• General Dynamics
• Saint-Gobain
• BAE Systems
• L3Harris Technologies
Q6. Which radome market segment will be the largest in future?
Answer: Lucintel forecasts that ground is expected to witness the highest growth over the forecast period expansion of communication networks, such as broadband, 4G, and 5G.
Q7. In radome market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific will remain the largest region over the forecast period due to growing spending in military and commercial aviation projects, as well as a growing demand for commercial aviation.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the radome market by platform (airborne, ground, and naval), offering (product and service), frequency (hf/uhf/vhf-band, l-band, s-band, c-band, x-band, ku-band, ka-band, and multi-band), application (radar, sonar, and communication antenna), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Radome Market, Radome Market Size, Radome Market Growth, Radome Market Analysis, Radome Market Report, Radome Market Share, Radome Market Trends, Radome Market Forecast, Radome Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Radome Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Radome Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Radome Market by Platform
3.3.1: Airborne
3.3.2: Ground
3.3.3: Naval
3.4: Global Radome Market by Offering
3.4.1: Product
3.4.2: Service
3.5: Global Radome Market by Frequency
3.5.1: HF/UHF/VHF-Band
3.5.2: L-Band
3.5.3: S-Band
3.5.4: C-Band
3.5.5: X-Band
3.5.6: KU-Band
3.5.7: KA-Band
3.5.8: Multi-Band
3.6: Global Radome Market by Application
3.6.1: Radar
3.6.2: Sonar
3.6.3: Communication Antenna
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Radome Market by Region
4.2: North American Radome Market
4.2.2: North American Radome Market by Application: Radar, Sonar, and Communication Antenna
4.3: European Radome Market
4.3.1: European Radome Market by Platform: Airborne, Ground, and Naval
4.3.2: European Radome Market by Application: Radar, Sonar, and Communication Antenna
4.4: APAC Radome Market
4.4.1: APAC Radome Market by Platform: Airborne, Ground, and Naval
4.4.2: APAC Radome Market by Application: Radar, Sonar, and Communication Antenna
4.5: ROW Radome Market
4.5.1: ROW Radome Market by Platform: Airborne, Ground, and Naval
4.5.2: ROW Radome Market by Application: Radar, Sonar, and Communication Antenna
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Radome Market by Platform
6.1.2: Growth Opportunities for the Global Radome Market by Offering
6.1.3: Growth Opportunities for the Global Radome Market by Frequency
6.1.4: Growth Opportunities for the Global Radome Market by Application
6.1.5: Growth Opportunities for the Global Radome Market by Region
6.2: Emerging Trends in the Global Radome Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Radome Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Radome Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Lockheed Martin
7.2: Northrop Grumman
7.3: Thales
7.4: General Dynamics
7.5: Saint-Gobain
7.6: BAE Systems
7.7: L3Harris Technologies
.
Buy full report or by chapter as follows
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
Please sign in below to get report brochure - Radome Market Report.