AI and Machine Learning is Fueling Growth of the Global Aircraft Radome Market

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The global Aircraft Radome Market is estimated to be valued at US$640.7 Mn in 2023 and is expected to exhibit a CAGR of 8.6% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
An aircraft radome is a structural, weatherproof enclosure that protects radar antennas placed on aircraft. Radomes also ensure that the performance of the radar system is unaffected despite being exposed to various environmental conditions during flight. They are usually made from laminated dielectric and conductive materials to allow radar signals to easily pass through while protecting the antennas. Advancements in AI and machine learning are enabling radomes to play a key role in integrating sensing systems for autonomous flight capabilities.

Market key trends:

One of the key trends in the aircraft radome market is the integration of advanced technologies like AI and machine learning for facilitating autonomous navigation. Many radome manufacturers are developing new product lines tailored for autonomous aircraft applications. For instance, radomes are being designed to house multiple sensors including LiDAR, radar and cameras which provide critical real-time data for handling take-offs, landings and obstacle avoidance without human intervention. The data collected through these advanced radomes is then processed using deep neural networks and computer vision algorithms to map the surrounding environment and identify suitable flight paths. This is fueling the demand for more sophisticated radomes with integrated computing capabilities.

Segment Analysis

The global aircraft radome market is segmented by material, application, platform, and region. Based on materials, carbon composites account for the largest share in the global aircraft radome market. Carbon composites provide superior strength, durability, and lightweight properties compared to glass laminates and other materials. This makes carbon composites ideal for use in aircraft radomes to reduce weight and maximize fuel efficiency. Carbon composites help aircraft meet stringent weight requirements set by regulatory authorities.

Key Takeaways

The global aircraft radome market is expected to witness high growth, exhibiting CAGR of 8.6% over the forecast period, due to increasing demand for new aircraft and defense modernization programs worldwide. Growing military aviation industries in emerging economies are also contributing to the growth of the aircraft radome market.

North America is expected to dominate the global aircraft radome market during the forecast period. This is attributed to strong presence of major radome manufacturers and tier 1 suppliers in the region. The region is also a pioneer in aircraft development with a lot of R&D spending. Asia Pacific is projected to grow at the highest CAGR during the forecast period due to increasing demand from China and India.

Key players operating in the aircraft radome market are General Dynamics, Airbus, Nordam, Saint-Gobain, Meggitt, Starwin Industries, Kitsap Composites, Orbital ATK, Jenoptik, Harris, Vermont Composites, Pacific Radomes, Royal Engineered Composites, AVIC, ATK, Kelvin Hughes, Raytheon, Leonardo, Ducommun, and CPI. General Dynamics is a leading manufacturer of radomes for military aircraft globally.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it