The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
The latest report by IMARC, titled “ Multi-ModeReceiverMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandForecast 2023-2028
” finds that the global multi-mode receiver market size reached US$ 1,125.5 Million in 2022.
Multi-mode receiver (MMR) refers to a navigation unit with numerous functions that constitute all the onboard receiving operations that are vital for a pilot to navigate, position, and land an airplane. The MMR offers an economical and efficient solution of state-of-the-art facilities with enhanced avionics and a new setup. It is the only digital navigation receiver that embeds various stand-alone receivers, including microwave landing system (MLS), instrument landing system (ILS), and GPS landing system, receiver into a single system of the aircraft industry. It also helps the aircraft eliminate problems related to multipath interference while supporting advanced navigation standards, such as GLS Category II/III.
Request Free Sample Report: https://www.imarcgroup.com/multi-mode-receiver-market/requestsample
One of the primary factors driving the market is the integration of numerous stand-alone receivers into one unit and improvement in the safety of the aircraft while reducing the overall power consumption, size, and costs of equipment. Additionally, the surging demand for new airports and rising ordinance for deploying satellite-based augmentation system in aircraft are creating a positive market outlook. Other than this, the growing demand for space-saving and lightweight aircraft multi-mode receivers acts as another major growth-inducing factor.
Besides this, the rising preference of individuals to travel by air due to the growth in the number of air routes and the drop in the prices of air tickets is catalyzing the market growth. Apart from this, governments of various nations are implementing stringent safety regulations to encourage the installation of satellite-based augmentation systems (SBAS). Other growth-inducing factors include inflating consumer disposable incomes, rising aircraft deliveries, rapid urbanization, and technological advancements in avionics. Looking forward, IMARC Group expects the market value to reach US$ 1,457.3 Million by 2028, expanding at a CAGR of 4% during the forecast period (2023-2028).
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
MarketSummary:
BreakupbyFit:
• Line-Fit
• Retrofit
BreakupbySub-System:
• ILS Receiver
• MLS Receiver
• GLS Receiver
• VOR and DME Receiver
BreakupbyPlatform:
• Fixed-wing
• Rotary-wing
BreakupbyApplication:
• Navigation
• Positioning
• Landing
BreakupbyRegion:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
CompetitiveLandscapewithKeyPlayers:
• BAE Systems plc
• Honeywell International Inc.
• Indra Sistemas S.A.
• Intelcan Technosystems Inc.
• Interface Inc.
• Leonardo S.p.A.
• Raytheon Technologies Corporation
• SAAB AB
• Thales Group
• Val Avionics Ltd
• W. W. Grainger Inc.
ViewFullReportwithTOC&ListofFigure:
https://www.imarcgroup.com/multi-mode-receiver-market
We are the trusted business partners to the world's leading corporates, governments, and institutions
We are the trusted business partners to the world's leading corporates, governments, and institutions
© 2019 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).
Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.
IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
