Global Radome Market Overview:
Radome Market Size was valued at USD 1.9 Billion in 2022. The Radome Market industry is projected to grow from USD 2.19 Billion in 2023 to USD 6.95 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 15.50% during the forecast period (2023 - 2032). The growing adoption of unmanned aerial vehicles (UAV) for military and civilian applications and the growing intensity of research and development of carbon fiber-based radomes are expected to be significant market drivers for the Radome Market.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Radome Market Trends
Rising demand for ATR with increasing terrorist attacks globally and growing air traffic management activities is driving the market growth
Market CAGR for radome is being driven by the rising demand for ATR with increasing terrorist attacks globally and growing air traffic management activities. The rising demand for ATR with increasing terrorist attacks globally and growing air traffic management activities is a driving force behind the growth in market revenue. Escalating geopolitical disputes among neighboring nations and a rising global threat from terrorism have led to a significant increase in the demand for bolstering national security. Governments worldwide are responding by augmenting their defense infrastructure and homeland security measures, consequently increasing defense expenditures. These investments predominantly focus on the procurement of unmanned defense systems, including Unmanned Aerial Vehicles (UAVs), Unmanned Ground Vehicles (UGVs), and Unmanned Underwater Vehicles (UUVs). These systems enhance surveillance capabilities across air, ground, and underwater domains, fostering improved situational awareness and communication networks.
In many developing countries, military modernization programs are being ramped up to reinforce defense capabilities. Additionally, the adoption of radar systems has surged with the rapid integration of satellite communication technology. This technology is harnessed to develop radar satellites that significantly enhance military surveillance and communication operations. Furthermore, Advanced Transmit/Receive (ATR) technology plays a pivotal role in achieving efficient long-distance communication. ATR technology enhances the capabilities of radar antennas, ensuring their resilience in challenging environments through the use of plasma radomes. These ATR systems are typically mounted on aircraft, naval vessels, UAVs, and ground vehicles. Consequently, the adoption of UAVs for continuous monitoring is gaining momentum, particularly in the context of curbing illegal immigration.
As a result, it is anticipated that throughout the projection period, demand for the Radome Market will increase due to the rising demand for ATR with increasing terrorist attacks globally and growing air traffic management activities. Thus, driving the Radome Market revenue.
Radome Market Segment Insights:
Radome Market Offering Insights
The Radome Market segmentation, based on Offering includes Products and Services. The product segment dominated the market, accounting for 58% of market revenue (1.1 Billion). The aviation industry is experiencing growth, with an increasing number of commercial and military aircraft being manufactured and deployed globally. Each of these aircraft requires radomes to house radar and communication equipment, contributing to the steady demand for radome products.
Figure 1: Radome Market by Offering, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Radome Market Platforms Insights
The Radome Market segmentation, based on Platforms, includes Airborne, Ground, and Naval. The ground segment dominated the market, accounting for 60% of market revenue (1.14 Billion). The proliferation of communication networks, including 4G, 5G, and broadband, has led to increased demand for ground-based radomes. These protective enclosures are essential for safeguarding communication equipment, such as antennas and transceivers, from adverse weather conditions and physical damage.
Radome Market Application Insights
The Radome Market segmentation, based on Application, includes Radar, Sonar, and Communication Antenna. The radar segment dominated the market, accounting for 55% of market revenue (1.04 billion). Aircraft and Unmanned Aerial Vehicles (UAVs) are equipped with radar systems for navigation, weather detection, and threat avoidance. Radomes installed on these aircraft protect radar antennas from high-speed airstreams and adverse weather, enabling reliable radar performance. The aerospace industry's expansion, particularly in commercial aviation and UAVs, boosts the requirement for lightweight and aerodynamic radomes.
Radome Market Frequency Insights
The Radome Market segmentation, based on Frequency, includes HF/UHF/VHF-Band, L-Band, S-Band, C-Band, X-Band, KU-Band, KA-Band, and Multi-Band. The multi-band segment dominated the market, accounting for 60% of market revenue (1.14 billion). Multi-band radar systems play a pivotal role in surveillance and security applications, providing enhanced detection capabilities for identifying and tracking moving objects. These radar systems are used in border security, threat detection, and monitoring applications, where the ability to detect objects across different frequency bands is critical. Radomes ensure the reliability and effectiveness of radar systems in surveillance and security operations.
Radome Market Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. The North American market is experiencing significant growth driven by substantial government investments in defense and military applications. Furthermore, extensive research and development (R&D) efforts focused on covert surveillance vehicles are contributing to market expansion. The increasing adoption of drones and other unmanned aerial vehicles (UAVs) is another pivotal driver in the region. Recent data from the Federal Aviation Administration (FAA) indicates that global drone sales surpassed approximately 7 million units by 2020, highlighting the remarkable growth of the UAV industry. Moreover, the market has witnessed the emergence of several new firms, such as Lily Robotics Inc. (established in 2013) and SkySafe (founded in 2015), indicating a dynamic and competitive landscape.
Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Radome Market Share By Region 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Radome Market accounts for the second-largest market share as the European aviation sector places a strong emphasis on safety and modernization. Radomes are integral components in commercial aircraft, serving critical functions such as weather detection, terrain avoidance, and navigation. To ensure the safe and efficient operation of modern aircraft, including both passenger and cargo planes, advanced radar systems equipped with protective radomes are essential. Despite the challenges posed by the COVID-19 pandemic, the European aviation market has witnessed varying responses from carriers. While some airlines, like EasyJet and Virgin Atlantic, had to adjust their future growth plans in light of industry uncertainties caused by the pandemic, a select few have defied the prevailing pessimism and expanded their aircraft orders over the past two years. For instance, in December 2021, EasyJet made a significant announcement by firming up orders for seven A320-200N aircraft and securing twelve purchase rights. These new aircraft are slated for delivery between January 2025 and September 2027. This decision brings EasyJet's total order book with Airbus to 106 A320-200Ns and sixteen A321-200Ns. Furthermore, the airline holds six A320neo options and 53 purchase rights, indicating a commitment to future fleet expansion and modernization. Further, the German Radome Market held the largest market share, and the UK Radome Market was the fastest-growing market in the European region
The Asia-Pacific Radome Market is expected to grow at the fastest CAGR from 2023 to 2032. The rollout of 5G networks across APAC countries is a major driver of the Radome Market. According to the GSMA's Mobile Economy APAC 2023 Report, 5G technology is set to play a significant role in the Asia Pacific (APAC) region's mobile landscape. By the year 2030, 5G is expected to account for more than two-fifths (41%) of all mobile connections, a substantial increase from the 4% observed in 2022. This transition to 5G is anticipated to contribute over $133 billion to the APAC economy in 2030. By the end of 2030, the APAC region is projected to have approximately 1.4 billion 5G connections. This growth will be fueled by several key factors, including a decline in the average price of 5G devices, rapid expansion of 5G networks in various countries, and concerted efforts by governments to integrate mobile-enabled technologies across various sectors of society. Radomes are essential for protecting antennas and communication equipment used in wireless networks. Telecommunication companies and network providers require robust and durable radomes to ensure the integrity and reliability of their communication infrastructure. Moreover, China’s Radome Market held the largest market share, and the Indian Radome Market was the fastest-growing market in the Asia-Pacific region.
Radome Market Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the Radome market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Radome industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Radome industry to benefit clients and increase the market sector. In recent years, the Radome industry has offered some of the most significant advantages to the aerospace and defense sectors, telecommunications infrastructure, weather monitoring agencies, and satellite communication endeavors. Major players in the Radome Market, including Lockheed Martin Corporation, Raytheon Technologies, L3harris Technologies, Northrop Grumman Corporation, BAE Systems, Thales Group, Saint-Gobain, General Dynamics Nordam, Comtech Telecommunications, and Cobham PLC are attempting to increase market demand by investing in research and development operations.
Lockheed Martin Corporation is a renowned manufacturer specializing in security and aerospace products. The company is actively engaged in research, design, development, manufacturing, and integration of advanced technology systems, along with offering a range of services encompassing management, technical expertise, engineering, scientific solutions, logistics, system integration, and cybersecurity. Lockheed Martin boasts a diverse product portfolio, which includes military and rotary-wing aircraft, airlifters, ground vehicles, missiles, guided weapons, radar systems, sensors, unmanned systems, and naval systems. Furthermore, the company provides crucial support and upgrade services for various defense assets, including military aircraft, ground vehicles, missile defense systems, satellites, and space transportation systems. Its clientele includes both the US government and commercial customers, and its operations extend across multiple regions, including the Americas, Africa, Europe, Asia-Pacific, and the Middle East. Lockheed Martin's headquarters are situated in Bethesda, Maryland, in the United States. In February 2021, Lockheed Martin Corporation was chosen to develop rugged radomes and windows capable of withstanding the extreme conditions of hypersonic flight. These specialized components are essential for safeguarding sensitive electronics from harsh environmental factors while permitting the passage of infrared and radiofrequency signals—a critical requirement for hypersonic systems.
Cobham PLC, a subsidiary of Advent International Corp, is a company specializing in the design, development, manufacturing, and delivery of communication and connectivity equipment and solutions. Its expertise spans various industries, including aerospace, energy, electronics, and defense. Additionally, Cobham offers precision engineering services and specialized air services. The company's extensive product portfolio includes air-to-air refueling solutions, defense electronics, aviation services (such as airline and charter services), audio, video, and data communications equipment (including aviation oxygen systems), refueling equipment, rescue and navigation lights, weapon system containers, satellite communications solutions, and life support and mission equipment. Cobham caters to a diverse clientele, serving both commercial markets and government sectors, including the US defense/security and the UK and the Rest of the World (RoW) defense/security markets. Its business operations extend to various locations, including the UK, the US, Australia, and Africa. The company's headquarters are situated in Dorset, England, in the United Kingdom. In February 2021, Cobham Aerospace Connectivity unveiled a cutting-edge ultra-low-profile satellite communication (satcom) antenna system. This innovative system incorporates a compact and lightweight radome, enhancing the antenna's overall performance.
Key companies in the Radome Market include
- Lockheed Martin Corporation
- Raytheon Technologies
- L3harris Technologies
- Northrop Grumman Corporation
- BAE Systems
- Thales Group
- General Dynamics Nordam
- Comtech Telecommunications
- Cobham PLC
Radome Industry Developments
February 2021: In February 2021, Cobham Aerospace Connectivity unveiled a cutting-edge ultra-low-profile satellite communication (satcom) antenna system. This innovative system incorporates a compact and lightweight radome, enhancing the antenna's overall performance.
December 2020: In December 2020, Ducommun Incorporated, a leading supplier of radomes serving the aerospace and defense sectors, entered into a significant long-term agreement with Raytheon Technologies. This agreement entails the provision of composite structures to support Raytheon Technologies' advanced missile systems.
Radome Market Segmentation
Radome Market Offering Outlook
Radome Market Platforms Outlook
Radome Market Application Outlook
- Communication Antenna
Radome Market Frequency Outlook
Radome Market Regional Outlook
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Latin America
|Market Size 2022
|USD 1.9 Billion
|Market Size 2023
|USD 2.19 Billion
|Market Size 2032
|USD 6.95 Billion
|Compound Annual Growth Rate (CAGR)
|Market Forecast Period
|Market Forecast Units
|Value (USD Billion)
|Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
|Offering, Platforms, Application, and Frequency and Region
|North America, Europe, Asia Pacific, and the Rest of the World
|The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
|Key Companies Profiled
|Lockheed Martin Corporation, Raytheon Technologies, L3harris Technologies, Northrop Grumman Corporation, BAE Systems, Thales Group, Saint-Gobain, General Dynamics Nordam, Comtech Telecommunications, and Cobham PLC
|Key Market Opportunities
|Increasing Air Travel in the Years 2022 and 2023 to Open New Opportunities
|Key Market Dynamics
|Rising in the aerospace and defense sectors due to the need for better communication and surveillance systems.
Frequently Asked Questions (FAQ) :
The Radome Market size was valued at USD 1.9 Billion in 2022.
The Radome Market is projected to grow at a CAGR of 15.50% during the forecast period, 2023-2032.
North America had the largest share of the global market
The key players in the market are Lockheed Martin Corporation, Raytheon Technologies, L3harris Technologies, Northrop Grumman Corporation, BAE Systems, Thales Group, Saint-Gobain, General Dynamics Nordam, Comtech Telecommunications, and Cobham PLC.
The Product offering dominated the market in 2022.
The Radar base had the largest share in the global market.
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