Commercial aviation segment is estimated to account for the highest market share in the forecast period. Due
to the commercial aviation industry mainly uses wide-body aircraft and narrow-body aircraft to cargo and
transport passengers. Moreover, the fixed wing segment may rule the market and continue to rule the roost in
the years to come. However, Rotary wing aircraft are mainly used for oil and gas, rescue, emergency, and for
military applications. And it is anticipated to develop steadily in the forthcoming period.
The market may be explored by application as Landing and Navigation & Positioning. The Navigation &
Positioning segment is dominating the segment application in the Multi-Mode receiver industry in 2017. Due to
MMRs use several navigation systems, such as distance Measuring Equipment (DME), VOR (VHF omnidirectional
radio range), to offer optimum navigation. The industry may be explored by Sub-system as GLS Receiver, MLS
Receiver, ILS Receiver, and VOR/DME Receiver.
Asia Pacific accounted for the major share of the global Multi-Mode Receiver market Size Analysis in 2016; and
will continue to do so in the forecast period. Asia-Pacific region is projected to develop at the highest CAGR of
3.9% in the years to come. This development can be ascribed to the high air passenger traffic, foremost to a rise
in the number of aircraft distributions in this region. Growing demand for air travel owing to declining travel
price and growing number of air routes has led to the rise in passenger traffic.
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Some of the key players that fuel the development of the Multi-Mode Receiver industry include Honeywell
International Inc., BAE Systems PLC, Intel can Techno systems Inc., IndraSistemas, SA, Leonardo SPA, Saab AB,
Systems Interface Ltd., Rockwell Collins, Inc., Val Avionics Ltd, and Thales Group. The leading companies are
taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of
the industry.
Market Segment:
Multi-mode Receiver Platform Outlook (Revenue, USD Million, 2014 - 2025)
• Fixed Wing
• Rotary Wing
Multi-mode Receiver Fit Type Outlook (Revenue, USD Million, 2014 - 2025)
• Line-fit
• Retrofit