Pune, March 30, 2020 (GLOBE NEWSWIRE) — The global Aircraft Antennas Market size set to gain momentum from the introduction to aerospace 3D printing technology. It is extensively used to fabricate complex structures. Unlike the traditional fabrication technology, 3D printing possesses several benefits, such as cost-effectiveness and availability of lightweight aircraft antennas. This information is given by Fortune Business Insights™ in a recently published report, titled, “Aircraft Antenna Market Size, Share and Industry Analysis By Platform (Fixed-Wing, Rotary-Wing), By Frequency Band (VHF & UHF Band, Ka/Ku/K Band, HF Band, X Band, and C Band Others), By End-User (OEM, Aftermarket), By Application (Communication, Navigation & Surveillance) and Regional Forecast 2019 to 2026.” The report further mentions that the aircraft antennas market size is projected to reach USD 626.6 million by 2026, thereby exhibiting a CAGR of 7.49% during the forecast period. However, it stood at USD 472.4 million in 2018.
Drivers & Restraints-
Rising Demand for Military UAVs to Drive Growth
Numerous countries are experiencing high investments in the development of top-quality drones and military unmanned aerial vehicles (UAVs) for aiding in various battlefield applications. Besides, the number of research and development activities is rising at a rapid rate. For receiving and transmitting communication signals, UAVs require a specific amount of electronic components. It consists of transponder antennas. UAV antennas also serve many