According to a new report published by Allied Market Research, titled, “VHF Air-Ground Communication Stations Market,” The vhf air-ground communication stations market was valued at $1.1 billion in 2021, and is estimated to reach $2.2 billion by 2031, growing at a CAGR of 7.2% from 2022 to 2031.
Asia-Pacific dominated the VHF air ground communication station market in terms of growth, followed by North America, Europe, and LAMEA. The U.S. dominated the market share in 2021.
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The key players operating in the VHF air ground communication station market are the key players operating in the market are Raytheon Technologies Corporation, Viasat, Inc., Becker Avionics, Inc., Rohde & Schwarz, Thales, Honeywell International Inc., Northrop Grumman Corporation, Jotron, MORCOM International, Inc., AEROTHAI Business, Systems Interface Limited, Leonardo S.p.A., Teledyne Technologies Incorporated, IACIT, CommSystems Ltd, and Elbit Systems.
The VHF air ground communication station market is segmented on the basis of airport class, type, application, airport category, and region. By airport class, it is divided into class A, class B, class C, and class D airport. On the basis of type, the market is fragmented by fixed and portable. Based on application, it is segregated into commercial and military. By airport category, the market is divided into commercial service airports, cargo service airports, reliever airports, and general aviation airports. By region, the market is categorized by North America, Europe, Asia-Pacific, and LAMEA.
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KEY FINDINGS OF THE STUDY
- By airport class, the class B segment leads the market during the forecast period
- By type, the fixed segment leads the market during the forecast period
- By application, the military segment is expected to grow at lucrative growth rate during the forecast period (2022-2031)
- By airport category, the commercial service airports segment leads the market during the forecast period.
- Asia-Pacific dominated the VHF air ground communication stations market in terms of growth, followed by North America, Europe, and LAMEA.
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