Airport Non-Directional Radio Beacon Market Key Players Analysis and Growth Forecast by 2031

MARKET INTRODUCTION

A non-directional radio beacon (NDB) is a low/medium frequency and ground-based radio transmitter used as a navigation aid for aircraft. It transmits an Omni-directional signal, which is received by an automatic direction finder (ADF) on board the aircraft. A non-directional radio beacon signals follow the curvature of the Earth, so that they can be received at much greater distances at lower altitudes, a major advantage over VHF omnidirectional range (VOR). However, non-directional radio beacon signals are also more affected by atmospheric conditions, mountainous terrain, coastal refraction and electrical storms, particularly in the long term. The non-directional radio beacon navigation consists of two parts-the automatic direction finder (ADF) device on the aircraft that detects the signal and the transmitter. Basically there are two types of non-directional radio beacon present i.e. approach NDB and locator NDB. More advancement in these types of transmitter are expected to drive the market during forecast period.

MARKET DYNAMICS

The rising prominence of air travel and the subsequent increase in the number of aircraft, alongside growing international trade are contributing to the increasing number of airports around the globe which is driving the growth of the airport non-directional radio beacon market. However, high initial and maintenance cost may restrain the growth of the airport non-directional radio beacon market. Further, more technological advancement in airport non-directional radio beacon such as integration with artificial intelligence and more efficient in mountain terrains is anticipated to create market opportunities for the airport non-directional radio beacon market during the forecast period.

MARKET SCOPE

The "Global Airport Non-Directional Radio Beacon Market Analysis to 2031" is a specialized and in-depth study of the airport non-directional radio beacon market with a special focus on the global market trend analysis. The report aims to provide an overview of airport non-directional radio beacon market with detailed market segmentation by type, application, and geography. The global airport non-directional radio beacon market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading airport non-directional radio beacon market players and offers key trends and opportunities in the airport non-directional radio beacon market.

MARKET SEGMENTATION

The global airport non-directional radio beacon market is segmented on the basis of type and application. On the basis of type, the market is segmented as approach NDB and locator NDB. Similarly, based on application, market is segmented into the civil airports, military/federal government airports, and private airports.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global airport non-directional radio beacon market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The airport non-directional radio beacon market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting airport non-directional radio beacon market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the airport non-directional radio beacon market in these regions.

MARKET PLAYERS

The reports cover key developments in the airport non-directional radio beacon market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from airport non-directional radio beacon market are anticipated to lucrative growth opportunities in the future with the rising demand for airport non-directional radio beacon. Below mentioned is the list of few companies engaged in the airport non-directional radio beacon market.

The report also includes the profiles of key airport non-directional radio beacon market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   ARC
  
•   Blue Quadrant Limited
  
•   Hanjinetc
  
•   MAE Corp.
  
•   Nautel
  
•   Southern Avionics Company
  
•   Systems Interface Ltd
  
•   Tele Supply AS
  
•   Thales Group
  
•   Vector InfoTech Pte Ltd.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Airport Non-Directional Radio Beacon Report Scope