According to a new report published by Allied Market Research, titled, โVHF 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.
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The VHF air ground communication stations market is expected to witness significant growth in coming years. Adoption of total airport management (TAM)-elevating demand of comprehensive communication network, change in consumer dynamics, privatization of airports, arrival of electric vertical takeoff & landing vehicles (eVTOL), and air taxi are anticipated to support business potential within the VHF air ground communication stations market during the forecast period. Aggressive initiatives by federal organizations such as FAA and Euro control to standardize protocol and establish globally accepted policies to support global growth. As of June 2022, 45,000 flights were handled by FAA per day, with 520 airport traffic control towers, 147 terminal radar approach control facilities, and more than 14,000 air traffic controllers.
Industry leaders within the aviation industry are anticipated to be investing heavily in research and development to achieve carbon neutrality. Inclination of regional agencies such as IATA to achieve zero carbon emission by 2050 is enforcing business players to introduce more optimized solutions. In line with such initiatives, companies are developing comprehensive communication stations and adoption global standards, allowing them to operate more effectively at global level and notably reduce aircraft taxing and turn-around time.
Covid-19 Scenario:
- The VHF air ground communication market was negatively impacted by the COVID-19 pandemic. Global passenger travel decreased significantly during the pandemic.
- According to ACI, the quick spread of the virus and the governmentsโ stringent rules of staying home and airport closures led to a 22.9% decline in global air traffic in February and a 53.1% decline in March 2020, resulting in a drop in passenger volume of 620 million in the first quarter of 2020. Owing to a 90% global reduction in passenger travel, April was an especially challenging month.
- However, the market is gaining traction with the pandemic situation improving.
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To fulfill the changing demand scenarios, market participants are concentrating on product launches to offer a diverse range of products and meet new business opportunities. In addition, market participants are continuously focusing on contracts and partnership efforts to match changing end-user requirements and improve the growth of the global VHF air ground communication station market.
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 airpor
t. 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.
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.
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.
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