A radome is an electronic antenna enclosure. It is constructed of a material that will minimally attenuate the electromagnetic signal transmitted or received by the antenna. These enclosures are made of either rigid self-supporting materials or air-inflated flexible fabrics. The radome is used to enclose radar systems and satellite communications antennas and protect radar from environmental factors such as strong wind, snow, rain, and UV light and prolong the lifespan of components.
The main types of radome are shell structure and spherical structure. The shell structure radome refers to a thin, curved plate structure shaped to transmit applied forces through compressive, tensile, and shear stresses of the surface. The various types of offerings include radome bodies, accessories, and services and are used in shipboard radome, ground-based radome, and airborne radome applications.
The global radome market grew from $1.66 billion in 2022 to $1.87 billion in 2023 at a compound annual growth rate (CAGR) of 12.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The radome market is expected to grow to $2.77 billion in 2027 at a CAGR of 10.3%.
The radome market research report is one of a series of new reports that provides radome market statistics, including radome industry global market size, regional shares, competitors with a radome market share, detailed radome market segments, market trends and opportunities, and any further data you may need to thrive in the radome industry. This radome market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Strategic collaborations and partnerships are the key trends gaining popularity in the radome market. Major players operating in the market are partnering and collaborating to develop a strong product portfolio and offer innovative products. For instance, in July 2021, RENK Group, a German industrial company, acquired L3Harris for a deal of $400 million. This acquisition enables the RENK group to reinforce its mission of supporting the U.S. Army and its allies. L3Harris is a US-based company that manufactures naval shipboard radomes, airborne radomes, and submarine radomes. Also, in November 2020, Meggitt PLC, a UK-based aerospace company, partnered with BAE Systems for a deal of $5.71 million. This partnership enables advanced radar technology in the Royal Air Force’s Typhoon fighter jet. BAE Systems is a US-based company specializing in the design and manufacture of composite radomes.
In November 2021, Communications & Power Industries, a US-based electronic component manufacturing company, acquired the L3Harris ESSCO business for an undisclosed amount. Through this acquisition, CPI's high-performance, low-loss composite material-based aerial and shipboard radomes will be supplemented by ESSCO's radio-frequency ground structures and innovative alternative materials. L3Harris is a US-based company that manufactures naval shipboard radomes, airborne radomes, and submarine radomes.
North America was the largest region in the radome market in 2022. The regions covered in the radome market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the radome market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The increasing demand for new aircraft owing to the growing number of air passengers is contributing to the growth of the radome market. An aircraft is any machine or vehicle designed to travel through the air by the buoyancy of air on its surfaces. The increasing production of new aircraft to meet the demand requires the installation of a radome to protect radar from environmental factors such as strong wind, snow, rain, and UV light and prolong the lifespan, thereby promoting the production of the radome. For instance, according to the India Brand Equity Foundation, by 2027 the number of aeroplanes is expected to reach 1,100 due to an increase in demand in the sector. Therefore, the increasing demand for new aircraft owing to the growing number of air passengers will drive the growth of the radome market.
The radome market consists of revenues earned by entities by providing devices and services such as radio frequency analysis, structure analysis, RF testing coordination, fiberglass tooling, and radome installation & supervision to enhance the protection of radar antennas. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Major players in the radome market are Northrop Grumman, General Dynamics Mission Systems Inc., Saint-Gobain Performance Plastics, Raytheon Technologies, Meggitt PLC, Airbus SE, FACC AG, CPI International Inc., Jenoptik AG, The NORDAM Group LLC, Royal DSM, TenCate Advanced Composites, Verdant, Royal Engineered Composites, Infinite Technologies Radomes, and Composite Structures Inc
This product will be delivered within 1-3 business days.
The main types of radome are shell structure and spherical structure. The shell structure radome refers to a thin, curved plate structure shaped to transmit applied forces through compressive, tensile, and shear stresses of the surface. The various types of offerings include radome bodies, accessories, and services and are used in shipboard radome, ground-based radome, and airborne radome applications.
The global radome market grew from $1.66 billion in 2022 to $1.87 billion in 2023 at a compound annual growth rate (CAGR) of 12.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The radome market is expected to grow to $2.77 billion in 2027 at a CAGR of 10.3%.
The radome market research report is one of a series of new reports that provides radome market statistics, including radome industry global market size, regional shares, competitors with a radome market share, detailed radome market segments, market trends and opportunities, and any further data you may need to thrive in the radome industry. This radome market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Strategic collaborations and partnerships are the key trends gaining popularity in the radome market. Major players operating in the market are partnering and collaborating to develop a strong product portfolio and offer innovative products. For instance, in July 2021, RENK Group, a German industrial company, acquired L3Harris for a deal of $400 million. This acquisition enables the RENK group to reinforce its mission of supporting the U.S. Army and its allies. L3Harris is a US-based company that manufactures naval shipboard radomes, airborne radomes, and submarine radomes. Also, in November 2020, Meggitt PLC, a UK-based aerospace company, partnered with BAE Systems for a deal of $5.71 million. This partnership enables advanced radar technology in the Royal Air Force’s Typhoon fighter jet. BAE Systems is a US-based company specializing in the design and manufacture of composite radomes.
In November 2021, Communications & Power Industries, a US-based electronic component manufacturing company, acquired the L3Harris ESSCO business for an undisclosed amount. Through this acquisition, CPI's high-performance, low-loss composite material-based aerial and shipboard radomes will be supplemented by ESSCO's radio-frequency ground structures and innovative alternative materials. L3Harris is a US-based company that manufactures naval shipboard radomes, airborne radomes, and submarine radomes.
North America was the largest region in the radome market in 2022. The regions covered in the radome market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the radome market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The increasing demand for new aircraft owing to the growing number of air passengers is contributing to the growth of the radome market. An aircraft is any machine or vehicle designed to travel through the air by the buoyancy of air on its surfaces. The increasing production of new aircraft to meet the demand requires the installation of a radome to protect radar from environmental factors such as strong wind, snow, rain, and UV light and prolong the lifespan, thereby promoting the production of the radome. For instance, according to the India Brand Equity Foundation, by 2027 the number of aeroplanes is expected to reach 1,100 due to an increase in demand in the sector. Therefore, the increasing demand for new aircraft owing to the growing number of air passengers will drive the growth of the radome market.
The radome market consists of revenues earned by entities by providing devices and services such as radio frequency analysis, structure analysis, RF testing coordination, fiberglass tooling, and radome installation & supervision to enhance the protection of radar antennas. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Major players in the radome market are Northrop Grumman, General Dynamics Mission Systems Inc., Saint-Gobain Performance Plastics, Raytheon Technologies, Meggitt PLC, Airbus SE, FACC AG, CPI International Inc., Jenoptik AG, The NORDAM Group LLC, Royal DSM, TenCate Advanced Composites, Verdant, Royal Engineered Composites, Infinite Technologies Radomes, and Composite Structures Inc
This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Radome Market
What is the estimated value of the Global Radome Market?
What is the growth rate of the Global Radome Market?
What is the forecasted size of the Global Radome Market?
Who are the key companies in the Global Radome Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2023 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value ( USD | $ 1.87 billion |
| Forecasted Market Value ( USD | $ 2.77 billion |
| Compound Annual Growth Rate | 10.3% |
| Regions Covered | Global |
Table of Contents
1. Executive Summary2. Radome Market Characteristics
3. Radome Market Trends And Strategies
4. Radome Market - Macro Economic Scenario
4.1. COVID-19 Impact On Radome Market
4.2. Ukraine-Russia War Impact On Radome Market
4.3. Impact Of High Inflation On Radome Market
5. Radome Market Size And Growth
5.1. Global Radome Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Radome Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Radome Market Segmentation
6.1. Global Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Shell Structure
- Spherical Structure
- Radome Body
- Accessories
- Services
- Airborne Radome
- Ground-Based Radome
- Shipboard Radome
7.1. Global Radome Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Radome Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Radome Market
8.1. Asia-Pacific Radome Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.3. Asia-Pacific Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Radome Market
9.1. China Radome Market Overview
9.2. China Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Radome Market
10.1. India Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Radome Market
11.1. Japan Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Radome Market
12.1. Australia Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Radome Market
13.1. Indonesia Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Radome Market
14.1. South Korea Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Radome Market
15.1. Western Europe Radome Market Overview
15.2. Western Europe Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Radome Market
16.1. UK Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Radome Market
17.1. Germany Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Radome Market
18.1. France Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Radome Market
19.1. Eastern Europe Radome Market Overview
19.2. Eastern Europe Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Radome Market
20.1. Russia Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Radome Market
21.1. North America Radome Market Overview
21.2. North America Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Radome Market
22.1. USA Radome Market Overview
22.2. USA Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Radome Market
23.1. South America Radome Market Overview
23.2. South America Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Radome Market
24.1. Brazil Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Radome Market
25.1. Middle East Radome Market Overview
25.2. Middle East Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Radome Market
26.1. Africa Radome Market Overview
26.2. Africa Radome Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Radome Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Radome Market Competitive Landscape And Company Profiles
27.1. Radome Market Competitive Landscape
27.2. Radome Market Company Profiles
27.2.1. Northrop Grumman
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. General Dynamics Mission Systems Inc.,
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Saint-Gobain Performance Plastics
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Raytheon Technologies
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Meggitt PLC
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Radome Market
29. Radome Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. About the Publisher
30.6. Copyright And Disclaimer
Executive Summary
Radome Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on radome market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for radome? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The radome market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Shell Structure; Spherical Structure2) By Offering Type: Radome Body; Accessories; Services
3) By Application: Airborne Radome; Ground-Based Radome; Shipboard Radome
Companies Mentioned: Northrop Grumman; General Dynamics Mission Systems Inc.,; Saint-Gobain Performance Plastics; Raytheon Technologies; Meggitt PLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Northrop Grumman
- General Dynamics Mission Systems Inc.
- Saint-Gobain Performance Plastics
- Raytheon Technologies
- Meggitt PLC
- Airbus SE
- FACC AG
- CPI International Inc.
- Jenoptik AG
- The NORDAM Group LLC
- Royal DSM
- TenCate Advanced Composites
- Verdant
- Royal Engineered Composites
- Infinite Technologies Radomes
- Composite Structures Inc.
Methodology
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