Aircraft Communication System Market Competitive Dynamics & Global Outlook By 2025

The aircraft communication system market is expected to witness a promising rate of growth over the coming time period owing to the shifting consumer preference for air travel and surging induction of new aircrafts by airlines in their fleets. Additionally, with vaccination drives going on at full speed across developed economies, consumer inclination is steadily returning towards regional and international tourism, providing the industry another support system.

Growing need for effective aircraft communication systems, especially during emergency situations and rescue operations would contribute towards the overall market growth. Today several market players are increasingly investing in research & development to develop more advanced technologies that would enhance the capabilities of their existing aircraft communication systems.

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In a bid to improve satellite communication technology, a major aircraft communication system market participant Inmarsat has recently inked a contract with European Space Agency. The firm is aiming to launch an integrated satellite and 4G network, named as European Aviation Network, to offer more viable in-flight connectivity to Europe's airlines and a 4D trajectory air traffic management SATCOM service. The deal is in line with the Single European Skies ATM Research plan that aims to build an advanced aerospace management system to transform European aviation sector. Needless to mention, such bold initiatives would propel the growth potential of the overall industry in the forthcoming years.

Apart from rapid technological advancements in product development, one of pivotal factors to have contributed toward the exponential growth of aircraft communication system market is the swiftly expanding commercial aircraft space. One of the forerunners of the aerospace industry, Airbus for instance had set an ambitious target of tripling its services revenue from its commercial aircraft business to USD 10 billion within the ensuing seven.

The firm further aimed to target measures worth USD 555 million to enhance productivity in 2018. With such massive investments being poured in by chief market players, it is quite undeniable that industry would witness drastic transformation over the estimated time frame. All in all, the aircraft communication market is overt to stand as a major beneficiary of the next-gen technology incorporation in modern airplanes. In terms of remuneration portfolio, the fraternity is slated to surpass USD 2.9 billion by 2024.

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On the geographical front, the APAC represents one of the rapidly expanding regions in the industry. The growth is majorly accredited to the increasing number of aircraft deliveries, fueled by increasing air passenger traffic in APAC countries, including India, Japan, and China. As per the IATA, APAC is expected to account for over half of the air passenger traffic between 2015 to 2035.

Cobham, Thales, Raytheon, Honeywell, Rockwell Collins, UTC, Viasat, Rockwell Collins, Northrop Grumman, Harris, and Ducommun Incorporated among others are some of the key players operating in the aircraft communication system­­­­­­­­­­ market.

Major Key Points from Table of Content:

Chapter 4 Aircraft Communication System Market, By Product

4.1 Global aircraft communication system market share by product, 2018 & 2025

4.2 SATCOM

4.2.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.2.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

4.3 HF

4.3.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.3.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

4.4 VHF

4.4.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.4.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

4.5 UHF

4.5.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.5.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

4.6 Data Link Communication

4.6.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.6.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

Chapter 5 Aircraft Communication System Market, By Component

5.1 Global aircraft communication system market share by component, 2018 & 2025

5.2 Antenna

5.2.1 Market estimates and forecast, 2013 – 2025, (USD Million)

5.2.2 Market estimates and forecast, by region, 2013 – 2025, (USD Million)

5.3 Transponder

5.3.1 Market estimates and forecast, 2013 – 2025, (USD Million)

5.3.2 Market estimates and forecast, by region, 2013 – 2025, (USD Million)

5.4 Receiver

5.4.1 Market estimates and forecast, 2013 – 2025, (USD Million)

5.4.2 Market estimates and forecast, by region, 2013 – 2025, (USD Million)

5.5 Transmitter

5.5.1 Market estimates and forecast, 2013 – 2025, (USD Million)

5.5.2 Market estimates and forecast, by region, 2013 – 2025, (USD Million)

5.6 Transceiver

5.6.1 Market estimates and forecast, 2013 – 2025, (USD Million)

5.6.2 Market estimates and forecast, by region, 2013 – 2025, (USD Million)

5.7 Display & Processor

5.7.1 Market estimates and forecast, 2013 – 2025, (USD Million)

5.7.2 Market estimates and forecast, by region, 2013 – 2025, (USD Million)

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Related News -  https://www.marketwatch.com/press-release/point-of-sale-pos-terminals-market-trend-regional-analysis-2021-2027-2021-06-30

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