The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Multi-mode Receiver Market.

It was estimated prior to this unanticipated outbreak that the Multi-mode Receiver Market was likely to witness an impressive CAGR of 6.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

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Multi-mode Receiver Market Segment Insights:
By Platform Type:
The fixed-wing segment is estimated to remain dominant during the forecast period, driven by the mounting demand for commercial and military fixed-wing aircraft. The commercial fixed-wing aircraft market is also expected to grow significantly, owing to rising air passenger traffic across the globe, in the coming five years.

By Fit Type:
The retrofit segment is projected to register a higher growth during the forecast period. The anticipated higher growth of the segment is owing to various aircraft modernization programs that mandate the installation of multi-mode receivers in aircraft.

By Application Type:
The navigation & positioning segment is estimated to depict a higher growth in the coming five years. This growth of the segment can be attributed to the directives that mandate the use of multi-mode receivers for navigation & positioning application in aircraft across the globe.

By Region:
North American region was the largest market for multi-mode receivers in 2018. North America is proximal to giant aircraft manufacturers, such as The Boeing Company (US) and Bombardier Inc. (Canada). The multi-mode receiver market in the European and Asia-Pacific regions is also expected to register considerable growth, during the forecast period, owing to the increasing demand for wide-body and large aircraft, in the regions.

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Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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