Market Size of Aircraft Antenna Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 544.68 Million |
| Market Size (2029) | USD 722.34 Million |
| CAGR (2024 - 2029) | 5.81 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Aircraft Antenna Market Analysis
The Aircraft Antenna Market size is estimated at USD 544.68 million in 2024, and is expected to reach USD 722.34 million by 2029, growing at a CAGR of 5.81% during the forecast period (2024-2029).
The development of next-generation aircraft for commercial, military, and general aviation is fuelling the demand for antennas with a smaller size, high gain, and bandwidth. For instance, the increasing demand for better connectivity onboard commercial aircraft led to the installation of Ku-/Ka-band antennas to support SATCOM solutions. Increasing passenger traffic in the commercial aviation industry and the need for a separate and encrypted channel for communication in the military sector (for both manned and unmanned platforms) are fuelling investments in the development of advanced antennas that provide large and secure bandwidth.
Other factors driving the global market are the increasing demand for military exercises by unmanned aerial vehicles and the growing acceptance of advanced communication and navigation systems. Military agencies are investing in developing military-grade drones that will be used on the battlefield. Reliable communication becomes a key aspect in such military applications of UAVs. In turn, the key players gain productive accreditations, leading to growth in innovation and operational similarity.
