The Radome Market Size was valued at USD 2.08 billion in 2022 and is expected to reach USD 6.84 billion by 2030, with a growing CAGR of 16.0% over the forecast period 2023-2030.
A radome is a structure used to shield an aircraft's radar equipment. The radome is made of materials that reduce the strength of the electromagnetic signal sent or received by the antenna. Radome shields the antenna from inclement weather. Furthermore, the use of a radome increases system performance by preventing the antenna from coming into direct contact with wind, rain, or ice.
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Radomes come in a variety of forms and sizes, depending on the design of the aircraft and its use. Depending on the purpose, radomes are made of fiber or core materials. Manufacturers have recently focused on creating lightweight and robust airplane radomes that can transfer signals effortlessly.
Advancements in composite materials technology.
UV stabilized hydrophobic coatings
Stringent regulatory norms.
Lack of Experienced
Strict quality checks
The emergence of aircraft manufacturers.
New aircraft manufacturing companies in regions.
The rise in demand for aircraft.
Difficulties in maintenance and repair.
Required technical expertise.
Need for proper tools and simulation processes.
IMPACT OF COVID-19
Due to Covid-19 lockdown restrictions in several countries throughout the world, businesses are having problems physically visiting their channel partners and closing business transactions. As a result, the firms' Platform sales are being harmed. Furthermore, factors such as the closure of beauty retail locations and cosmetic firms, as well as a scarcity of raw material supply due to stringent limitations, may drastically slow the rate of Platform consumption among the worldwide population.
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North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa are the five regions that make up the Global Radome Market. Significant expenditures by major players in R&D efforts for the development of enhanced radome solutions, as well as increased demand for sophisticated radome systems, are expected to fuel the growth of the radome market in this region. The United States is expected to lead the growth of the North American radome market during the projected period.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of the Middle East & Africa
Rest of Latin America
Saint-Gobain-Company Financial Analysis
|Market Size in 2022
|USD 2.08 Billion
|Market Size by 2030
|USD 6.84 Billion
|CAGR of 16.0% From 2023 to 2030
|Report Scope & Coverage
|Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
|• By Platform (Ground, Airborne, Naval)
• By Application (Radar, Sonar, Communication Antenna)
• By Frequency (HF/UHF/VHF Band, L- Band, S-Band, C- Band, X- Band, KU- Band, KA- Band, Multi-Band)
• By Offering
|North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|General Dynamics, Raytheon, Saint-Gobain, Infinite Technologies, Cobham (Meggitt), Nordam, L-3 ESSCO, Kelvin Hughes, Royal Engineered Composites, Leonardo
|• Advancements in composite materials technology.
• UV stabilized hydrophobic coatings
• High reliability.
|• Stringent regulatory norms.
• Lack of Experienced
• Safety regulations
Ans: The Radome Market size was valued at US$ 2.08 billion in 2022.
Various key players are listed in this report such as General Dynamics, Raytheon, Saint-Gobain, Infinite Technologies, Cobham, Nordam, L-3 ESSCO, Kelvin Hughes, Royal Engineered Composites, Leonardo.
Emergence of aircraft manufacturers and New aircraft manufacturing companies in regions and Rise in demand for aircraft.
Due to Covid-19 lockdown restrictions in several countries throughout the world, businesses are having problems physically visiting their channel partners and closing business transactions. As a result, the firms' Platform sales are being harmed.
Ans: The Radome Market is to grow at a CAGR of 16% From 2023 to 2030.
Table of Contents
1.1 Market Definition
1.2 Market Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
184.108.40.206 United Kingdom
220.127.116.11 South Korea
18.104.22.168 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Radome Market, By Offering
9. Radome Market, By Frequency
10. Radome Market Segmentation, By Application
10.3 Communication Antenna
11. Radome Market Segmentation, By Platform
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profiles
13.1 HITACHI LTD.
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 AB VOLVO
13.3 CATTERPILLAR INC.
13.4 CNH INDUSTRIAL N.V
13.5 DEERE AND COMPANY
13.6 DOOSAN INFRACOE CO.LTD
13.7 J C BAMFORD EXCAVATORS. LTD.
13.8 KOMATSU LTD.
13.9 Liebherr-international AG
13.10 XCMG GROUP
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share Analysis
14.3 Recent Developments
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