Press Release

Multi-mode Receiver Market to Grow with a CAGR of 4.8% through 2030

 The multi-mode receiver market is driven by air traffic growth, regulatory mandates, and technological innovations, fostering enhanced aviation safety, efficiency, and reliability across global fleets.

 

According to TechSci Research report, “Multi-mode Receiver Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the global multi-mode receiver market was valued at USD 2.43 Billion in 2024 and is expected to reach USD 3.22 Billion by 2030 with a CAGR of 4.8% during the forecast period. The multi-mode receiver (MMR) market is experiencing significant growth, driven by several factors such as the increasing volume of air traffic, the expansion of global aviation networks, and the adoption of advanced avionics. These receivers, which enable aircraft to communicate and navigate across different systems and platforms, are essential in enhancing flight safety, operational efficiency, and overall performance. However, this promising market is not without its challenges, including the high costs of MMR systems and growing concerns about cybersecurity vulnerabilities, particularly as these systems become more integrated with digital infrastructure. The global rise in air traffic has been a primary catalyst for the demand for advanced MMRs. As the aviation industry continues to expand, aircraft need more reliable and robust communication and navigation solutions to ensure operational efficiency and safety. The introduction of regulatory mandates, such as the Global Navigation Satellite System (GNSS) and Automatic Dependent Surveillance-Broadcast (ADS-B), further accelerates the adoption of multi-mode receivers. These regulations require aircraft to be equipped with advanced avionics capable of operating across various communication and navigation channels, creating a steady demand for MMRs in both new aircraft and retrofit programs. Despite the promising growth trajectory, the MMR market faces several challenges. One of the primary concerns is the high cost associated with the development and deployment of advanced MMR systems. The integration of multiple communication and navigation capabilities into a single unit increases the complexity and cost of manufacturing. As a result, MMRs are often seen as a significant investment for airlines, especially smaller carriers or operators in developing regions with limited budgets.

 

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The Multi-mode Receiver Market is segmented into platform, fit, subsystem and region.

 The rotary-wing segment is emerging as the fastest-growing category in the multi-mode receiver (MMR) market, fueled by increasing demand for helicopters in military, emergency rescue, and civil operations. Unlike fixed-wing aircraft, rotary-wing platforms operate primarily at low altitudes and often in challenging environments, requiring highly reliable and precise navigation systems. Military applications drive significant growth, with helicopters playing a critical role in reconnaissance, troop transport, and medical evacuations. These missions demand advanced navigation and landing capabilities to ensure safety and efficiency in adverse weather, hostile territories, and remote locations. MMRs equipped with features like GPS, GLS, and obstacle avoidance ensure precise operations in such scenarios. In civilian contexts, helicopters are vital for emergency medical services (EMS), search and rescue (SAR), and disaster relief missions, where dependable navigation is crucial for saving lives. The growing urbanization and infrastructure expansion also create opportunities for rotary-wing platforms in roles such as aerial surveying, firefighting, and offshore operations.   Technological advancements, including compact designs and AI integration, further enhance the adoption of MMRs in rotary-wing aircraft. These systems provide enhanced situational awareness, reduced pilot workload, and seamless operation in complex airspaces, making them indispensable as the demand for versatile and agile aviation solutions continues to grow.

 Based on region, The Asia-Pacific region is the fastest-growing market for MMRs, driven by rapid expansion in air travel and significant government investments in aviation infrastructure. Countries like India and China are at the forefront of this growth, with increasing passenger volumes necessitating fleet expansion and upgrades. The surge in low-cost carriers and regional connectivity programs, particularly in Southeast Asia, creates opportunities for MMR adoption in both commercial and general aviation. Airports in the region are also undergoing modernization to include satellite-based navigation systems, ensuring compatibility with advanced avionics technologies. Government initiatives, such as India’s UDAN scheme to enhance regional air connectivity and China’s investment in its domestic aviation sector, are pivotal in driving the adoption of MMRs. Furthermore, the rise in military aviation spending across Asia-Pacific bolsters demand for MMR-equipped rotary- and fixed-wing platforms for defense applications. As Asia-Pacific continues to urbanize, the emergence of UAM solutions like eVTOLs and drones will further fuel demand for compact and reliable MMR systems, making it a key market for future growth. Together, these factors position the region as a powerhouse of opportunity for MMR manufacturers and suppliers.

  

Major companies operating in the global multi-mode receiver market are:

  • 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.

 

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A key trend in the multi-mode receiver market is Urban Air Mobility (UAM) is an emerging segment that is reshaping the future of transportation. UAM platforms, including drones and electric vertical take-off and landing (eVTOL) aircraft, are gaining traction as solutions for addressing urban congestion and providing efficient point-to-point travel. These platforms rely heavily on advanced navigation and landing systems, driving demand for compact, high-performance MMRs. As the UAM ecosystem evolves, the demand for advanced MMRs is expected to grow, presenting significant opportunities for manufacturers and suppliers “Said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

"Multi-mode Receiver Market Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Fit (Line-fit, Retrofit), By Subsystem  (ILS Receiver, MLS Receiver, GLS Receiver, VOR/DME Receiver), By Platform (Fixed Wing, Rotary Wing), By Region, & Competition, 2020-2030F”, has evaluated the future growth potential of global multi-mode receiver market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global multi-mode receiver market.

 

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Relevant Reports

Multi-mode Receiver Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Fit (Line-fit, Retrofit), By Subsystem (ILS Receiver, MLS Receiver, GLS Receiver, VOR/DME Receiver), By Platform (Fixed Wing, Rotary Wing), By Region, & Competition, 2020-2030F

Aerospace and Defense | Jan, 2025

The multi-mode receiver market is driven by air traffic growth, regulatory mandates, and technological innovations, fostering enhanced aviation safety, efficiency, and reliability across global fleets

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