Market Share of Aircraft Radome Industry
General Dynamics Mission Systems Inc., Astronics Corporation, Meggitt PLC, FACC AG, and Airbus SE are some of the prominent players in the aircraft radome market. The market is highly competitive due to the presence of established aerospace manufacturers. The development of innovative products, competitive pricing, and advanced lightweight materials can help companies in achieving long-term contracts with aircraft OEMs.
The entry barrier for new players in the aircraft radomes market is moderate, which can be observed in the venturing of few aerospace companies into the manufacturing of radomes in the past couple of years. For instance, Lufthansa Technik, which is known for providing MRO services for radomes, has expanded its product offering and has ventured into the development and manufacturing of radomes for both fuselage-mount and tail-mount connectivity systems. Such developments are expected to make the market more competitive in the years to come.
Aircraft Radome Market Leaders
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General Dynamics Mission Systems Inc.
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Astronics Corporation
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Meggitt PLC
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FACC AG
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Airbus SE
*Disclaimer: Major Players sorted in no particular order
