Aerospace Radome Market Expected to Reach $2.24 Billion by 2026
Written by Emily J. Thompson, Senior Investment Analyst
Source: Globenewswire
- Market Growth Potential: The aerospace radome market is projected to grow from $2.08 billion in 2025 to $2.97 billion by 2030, with a CAGR of 7.3%, indicating a rising demand for new radome technologies, particularly in commercial and military aviation.
- Technological Advancements: The widespread adoption of nose-mounted radomes and advancements in aerodynamic conformal radomes are significantly increasing the demand for lightweight and durable radome structures, enhancing the protection of radar and communication systems.
- Surge in Air Travel Demand: The expansion of global economic activity and rising disposable incomes are driving air travel demand, with a reported 3.7% increase in global passenger air traffic in 2025, reaching 9.8 billion, further stimulating the need for new aircraft and upgrades to existing fleets.
- Major Players Expansion: Key market players like Boeing and Airbus are expanding their manufacturing capabilities to meet rising demand; for instance, India's Spacefaring Technologies launched a new radome manufacturing facility in June 2025, aligning with the country's Atmanirbhar Bharat initiative.
Analyst Views on AIR
Wall Street analysts forecast AIR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AIR is 101.25 USD with a low forecast of 93.00 USD and a high forecast of 107.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 105.740
Low
93.00
Averages
101.25
High
107.00
Current: 105.740
Low
93.00
Averages
101.25
High
107.00
About AIR
AAR Corp. is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. The Company’s Parts Supply segment consists of its sales of used serviceable engine and airframe parts and components and distribution of new parts. The Repair & Engineering segment consists of its maintenance, repair, and overhaul (MRO) services across airframes and components. The Integrated Solutions segment consists of its fleet management and operations of customer-owned aircraft, customized performance-based supply chain logistics programs in support of the United States (U.S.) Department of Defense, U.S. Department of State, and foreign governments, flight hour component inventory and repair programs for commercial airlines, and integrated software solutions, including Trax. The Expeditionary Services segment consists of products and services supporting the movement of equipment and personnel by the U.S. and foreign governments and non-governmental organizations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
