-- Growth of air passenger traffic, increase in aviation avionics retrofits industry, and favorable aviation regulations to integrate satellite-based augmentation system in aircrafts are some of the factors fostering the market growth during the forecast period. On the other hand, risk of cyber attacks, stringent regulations for product approval are some of the restraints limiting the market growth.
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A Multi mode receiver assists the pilots in landing, navigating, and positioning of the aircraft. Multi mode receivers are being used by various airlines in wide and narrow body aircrafts. By region, North America region is holding the largest market revenue over the forecast period. Asia Pacific is expected to witness higher growth rate during the forecast period. The growth is attributed to economic growth, rise in air passenger traffic are favoring the Asia Pacific market growth.
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Some of the key players in global multi-mode receiver market include BAE Systems PLC, Honeywell International Inc., Indra Sistemas, SA, Intelcan Technosystems Inc., Leonardo SPA, Rockwell Collins, Inc., Saab AB, Systems Interface Ltd., Thales Group, Val Avionics Ltd., and Garmin.
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Platform Types Covered:
• Rotary Wing
• Fixed Wing
Sub-System Types Covered:
• GLS Receiver
• VHF Omnidirectional Range (VOR) / Distance Measuring Equipment (DME) Receiver
• MLS Receiver
• ILS Receiver
Fit Types Covered:
• Retrofit
• Line-Fit
Applications Covered:
• Landing
• Navigation & Positioning
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
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- Strategic recommendations in key business segments based on the market estimations
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Release ID: 242700
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