Aerospace Radome Market size will witness notable proceeds from 2023 to 2032 driven by the rising procurement of advanced military aircraft and intensifying investments in the defense sector. The considerable rise in consumer household incomes across the globe has steered the higher acceptance of commercial air travel. The growing penetration of business jets, in tandem with an increasing number of military aircraft, will add a positive impetus to the market dynamics.
Aerospace radomes are structural and weatherproof enclosures that safeguard a radar antenna against bird impacts, rain, hail, snow, and bullets. However, factors, including interruptions with communication at times and malfunctions in radome installations leading to increased risks during air travel, may hamper aerospace radome market growth.
Besides, the ongoing conflict between Russia and Ukraine severely impacted the aviation sector. As part of the retaliation of the sanctions imposed on Russia by several economies, the country banned 36 countries from flying through its skies. This resulted in the rerouting or cancellation of flights, increased travel fairs, higher fuel costs, and immense pressure on Russian titanium supplies, among other issues. This apart, the disrupted supply chains between Europe and eastern Asia further impacted global trade, eventually impeding aerospace radome business operations.
Based on material, the demand for fiber-glass aerospace radomes will increase through 2032 owing to the surging obligation for excellent rigidity as well as lower-weight materials. The fiber-reinforced plastic radomes are high-temperature & crack resistant and can withstand adverse weather conditions while keeping their physical properties unchanged. Moreover, these radomes are reinforced with additives to enhance the adhesion between them, retain the surface paint, and offer color maintenance in severe weather instances.
Based on aircraft, the commercial aerospace radome market is expected to grow substantially between 2023 and 2032, with the increasing focus on new aircraft requirements pushed by shifting consumer inclination toward air travel. The thriving demand for highly fuel-efficient aircraft has resulted in the growing need for modernized fleets. These systems are mainly used for the after-repair testing of commercial aircraft radomes as well as to make the required measurements. The increased production rates by the aircraft OEMs and the influx of new aircraft models will favor segment progression.
Asia Pacific aerospace radome market will account for a significant share by the end of 2032, on account of higher defense spending and increasing air passenger traffic. There have been significant advancements in the aviation sector across China and India. The rising number of military modernization plans, rapid economic expansion, and territorial disputes have led to the increasing procurement of modern military aircraft across the region. The shifting inclination towards private travel has also stirred the growing preference for business jets. The fast-growing commercial air travel industry and production of low-cost commercial aircraft, notably in China, will additionally favor market growth.
The market share in North America will expand with the prominent presence of some key aircraft manufacturers and the thriving preference for commercial aircraft. The escalating trend of ecotourism and globalization has amplified the adoption of air travel, making way for increased aircraft orders, which will further fuel regional market expansion.
Some of the leading players in the aerospace radome market include Kitsap Composites, Saint Gobain, Orbital ATK (Northrop Grumman), General Dynamics, Airbus (Airbus), Meggitt, and Nordam. These companies are actively implementing collaborative strategies, including partnerships and mergers, along with investments, and new product launches, while taking up contracts to expand their portfolio and customer base.
To cite instance, in June 2022, Airbus launched a satellite connectivity system Airspace Link HBCplus to be proposed for retrofit and as an SFE line-fit catalog option on all Airbus aircraft. HBCplus originally encloses Ka-band services, which enable airlines to connect to a selection of Managed Service Providers (MSPs) through a new certified terminal and radome constructed as part of the aircraft. The company further plans to extend HBCplus to possess MSPs that provide Ku-band services.