Global Multi-Mode Receiver Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Platform;

Fixed-wing and Rotary-wing.

By Application;

Navigation & Positioning and Landing.

By Sub-System;

ILS Receiver, MLS Receiver, GLS Receiver and VOR / DME Receiver.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn435922308 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Multi-Mode Receiver Market (USD Million), 2021 - 2031

In the year 2024, the Global Multi-Mode Receiver Market was valued at USD 1,216.67 million. The size of this market is expected to increase to USD 1,622.73 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.2%.

The surge in demand for new aircraft is closely intertwined with the rapid growth of air passenger traffic, driven by favorable economic conditions and increasing disposable incomes worldwide. This trend underscores the crucial role of Multi-Mode Receiver (MMR) technology in modern aviation, meeting heightened needs for precise navigation and robust communication systems that ensure safer and more efficient air travel experiences. This report aims to delineate market opportunities across regions and segments, offering insights for vendors to strategically capitalize on emerging growth areas.

Market analysis includes meticulous comparisons of production and consumption patterns to forecast market dynamics. Factors such as adjacent market growth, revenue trends among key vendors, scenario-based assessments, and segment-specific growth projections were pivotal in estimating market size. A rigorous approach combining top-down and bottom-up methodologies, complemented by industry interviews, was employed to gauge the Aerospace & Defense sector's contribution within the broader Capital Goods domain and to delineate vendor market shares accurately.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Platform
    2. Market Snapshot, By Application
    3. Market Snapshot, By Sub-System
    4. Market Snapshot, By Region
  4. Global Multi-Mode Receiver Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for High-Speed Data Transmission
        2. Rising Deployment of 5G Networks
      2. Restraints
        1. Limitations in Transmission Distance
        2. High Initial Costs
      3. Opportunities
        1. Expansion of Data Centers
        2. Technological Innovations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Multi-Mode Receiver Market, By Platform, 2021 - 2031 (USD Million)
      1. Fixed-wing
      2. Rotary-wing
    2. Global Multi-Mode Receiver Market, By Application, 2021 - 2031 (USD Million)
      1. Navigation & Positioning
      2. Landing
    3. Global Multi-Mode Receiver Market, By Sub-System, 2021 - 2031 (USD Million)
      1. ILS Receiver
      2. MLS Receiver
      3. GLS Receiver
      4. VOR / DME Receiver
    4. Global Multi-Mode Receiver Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Honeywell International Inc
      2. Rockwell Collins, Inc
      3. BAE Systems
      4. Leonardo SpA
      5. Thales Group
      6. others
  7. Analyst Views
  8. Future Outlook of the Market