Multi-Mode Receiver (MMR) Market Applications, Key Developments, Trends and Forecast 2014-2025
Global Multi-Mode Receiver Market is anticipated to reach USD 1.3 billion by 2025. The market is anticipated to grow with a healthy rate in the years to come.”
Global Multi-Mode Receiver Market is anticipated to reach USD 1.3 billion by 2025. The market is anticipated to grow with a healthy rate in the years to come.”
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Commercial aviation segment is estimated to account for the highest market share in the forecast period. Due<br />
to the commercial aviation industry mainly uses wide-body aircraft <strong>and</strong> narrow-body aircraft to cargo <strong>and</strong><br />
transport passengers. Moreover, the fixed wing segment may rule the market <strong>and</strong> continue to rule the roost in<br />
the years to come. However, Rotary wing aircraft are mainly used for oil <strong>and</strong> gas, rescue, emergency, <strong>and</strong> for<br />
military applications. And it is anticipated to develop steadily in the forthcoming period.<br />
The market may be explored by application as L<strong>and</strong>ing <strong>and</strong> Navigation & Positioning. The Navigation &<br />
Positioning segment is dominating the segment application in the <strong>Multi</strong>-<strong>Mode</strong> receiver industry in 2017. Due to<br />
<strong>MMR</strong>s use several navigation systems, such as distance Measuring Equipment (DME), VOR (VHF omnidirectional<br />
radio range), to offer optimum navigation. The industry may be explored by Sub-system as GLS <strong>Receiver</strong>, MLS<br />
<strong>Receiver</strong>, ILS <strong>Receiver</strong>, <strong>and</strong> VOR/DME <strong>Receiver</strong>.<br />
Asia Pacific accounted for the major share of the global <strong>Multi</strong>-<strong>Mode</strong> <strong>Receiver</strong> market Size Analysis in 2016; <strong>and</strong><br />
will continue to do so in the forecast period. Asia-Pacific region is projected to develop at the highest CAGR of<br />
3.9% in the years to come. This development can be ascribed to the high air passenger traffic, foremost to a rise<br />
in the number of aircraft distributions in this region. Growing dem<strong>and</strong> for air travel owing to declining travel<br />
price <strong>and</strong> growing number of air routes has led to the rise in passenger traffic.<br />
Browse Full Research Report @<br />
https://www.millioninsights.com/industry-reports/multi-mode-receiver-mmr-market<br />
Some of the key players that fuel the development of the <strong>Multi</strong>-<strong>Mode</strong> <strong>Receiver</strong> industry include Honeywell<br />
International Inc., BAE Systems PLC, IntelcanTechnosystems Inc., IndraSistemas, SA, Leonardo SPA, Saab AB,<br />
Systems Interface Ltd., Rockwell Collins, Inc., Val Avionics Ltd, <strong>and</strong> Thales Group. The leading companies are<br />
taking up partnerships, mergers <strong>and</strong> acquisitions, <strong>and</strong> joint ventures in order to boost the inorganic growth of<br />
the industry.<br />
<strong>Market</strong> Segment:<br />
<strong>Multi</strong>-mode <strong>Receiver</strong> Platform Outlook (Revenue, USD Million, <strong>2014</strong> - <strong>2025</strong>)<br />
• Fixed Wing<br />
• Rotary Wing<br />
<strong>Multi</strong>-mode <strong>Receiver</strong> Fit Type Outlook (Revenue, USD Million, <strong>2014</strong> - <strong>2025</strong>)<br />
• Line-fit<br />
• Retrofit<br />
<strong>Multi</strong>-mode <strong>Receiver</strong> Regional Outlook (Revenue, USD Million, <strong>2014</strong> - <strong>2025</strong>)<br />
• North America<br />
• Europe<br />
• Asia Pacific<br />
• South America<br />
• MEA
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