Multi-mode Receiver Market Size To Reach $1.94 Billion By 2030

Multi-mode Receiver Market Growth & Trends

The global multi-mode receiver market size is expected to reach USD 1.94 billion by 2030, registering a CAGR of 4.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. Multi-mode receiver (MMR) plays a crucial role in augmenting navigation and landing capabilities of an aircraft. As a result, the number of aircraft deliveries emerges as a crucial factor for the MMR market. Although worldwide aircraft shipments have dropped from 2,331 in 2015 to 2,262 in 2016 as stated by the General Aviation Manufacturers Association (GAMA), air passenger traffic has increased significantly over the past 10 years, particularly in developing economies such as India and China. This is expected to propel market growth.

An MMR integrates multiple functionalities into a compact unit, thereby reducing the weight and space factor of an aircraft. It also assists the pilot in positioning, navigating, and landing the aircraft, even in unfavorable conditions. These factors are likely to work in favor of the MMR market.

Another important factor contributing to market growth is initiatives undertaken by airlines across the world to modernize their fleets. Stringent mandates have been laid down for the aviation sector worldwide. At the same time, new technologies such as Automatic Dependent Surveillance-Broadcast (ADS-B) Out are also emerging. While airlines are undertaking various aircraft modernization programs and upgrading their fleets, they also have to make sure their aircraft support the latest technologies and evolving Required Navigation Performance (RNP) navigation approaches. As a result, airlines are spending aggressively on advanced navigation systems. However, safeguarding aircraft avionics systems/technologies from cyber-attacks is one of the crucial challenges faced by the aviation industry.

At present, a handful of market players holding expertise in manufacturing MMR systems are dominating the market. The strong geographical presence of these incumbents, coupled with existing long-term supply contracts, will ensure steady growth of the MMR market over the forecast period. Market players are also adhering to strategies aimed at new product development and expansion in order to strengthen their foothold in the market. For instance, in 2017, Honeywell International Inc. developed a new integrated MMR that complies with GLS CAT-III navigation standards.

 Request a free sample copy or view report summary: Multi-mode Receiver Market Report

Multi-mode Receiver Market Report Highlights

• The fixed-wing segment dominated the global multi-mode receiver industry with a revenue share of 63.3% in 2024. Designed for aircraft that generate lift through fixed wings, these multi-mode receivers are an integral part of the airline's passenger carriers and cargo aircraft.

• The line-fit multi-mode receivers segment held the largest revenue share of the global multi-mode receiver industry in 2024. The line-fit multi-mode receivers are installed during an aircraft's initial phase or development, while retrofit is installed into existing carrier capabilities during the upgrades and enhancements.

• The navigation and positioning segment dominated the global multi-mode receiver industry in 2024. The multi-mode receiver is primarily installed to receive numerous signals from various systems and technologies, combining them for verifications and providing guidance and actionable intelligence.

• The aerospace and defense segment held the largest revenue share of the global multi-mode receiver market in 2024. This is attributed to the increasing utilization of advanced multi-mode receivers in commercial airline fleets, business airline fleets, and defense aircraft.

• North America dominated the global multi-mode receiver market, with a revenue share of 37.6% in 2024.

Multi-mode Receiver Market Segmentation

Grand View Research has segmented the multi-mode receiver market on the basis of on platform, fit, application, end-use, region:

Multi-mode Receiver Platform Outlook (Revenue, USD Million, 2018 - 2030)

• Fixed-wing

• Rotary-wing

Multi-mode Receiver Fit Outlook (Revenue, USD Million, 2018 - 2030)

• Line-fit

• Retrofit

Multi-mode Receiver Application Outlook (Revenue, USD Million, 2018 - 2030)

• Navigation & Positioning

• Landing

• Others

Multi-mode Receiver End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Telecommunications

• Automotive

• Aerospace and Defense

• Marine and Shipping

• Agriculture

• Construction and Surveying

• Transportation and Logistics

• Others

Multi-mode Receiver Regional Outlook (Revenue, USD Million, 2018 – 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • South Korea

• Latin America

  • Brazil

• MEA

  • UAE

  • Saudi Arabia

  • South Africa

List of Key Players in the Multi-mode Receiver Market

• BAE Systems

• Garmin Ltd.

• Honeywell International Inc.

• Indra Sistemas

• Intelcan Technosystems Inc.

• Leonardo S.p.A.

• Deere & Company

• Collins Aerospace

• Saab AB

• systemsinterface (FREQUENTIS)

• Thales

• Trimble

• VAL Avionics Ltd.