The Global Connected Aircraft Market is accounted for $3.15 billion in 2017 and is expected to reach $14.60 billion by 2026 growing at a CAGR of 18.5% during the forecast period.
Factors such as rising demand for operational efficiency, increasing aircraft deliveries, growing demand from the air passengers and developing demand to improve existing connectivity systems are fuelling the market growth. However, cybersecurity issues, huge in flight internet cost and substitution of traditional data connections and data optimisation are hampering the growth of the market. Increase passenger travel experience and focus on falling maintenance time provides ample opportunities to the market.
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Some of the key players in global Connected Aircraft market include Honeywell International Inc., Thales Group, Rockwell Collins, Inmarsat plc, BAE Systems plc, Viasat Inc., Gogo Inc., Panasonic Avionics Corporation, Global Eagle Entertainment Inc, Zodiac Aerospace, Kontron AG, Cobham plc, Digecor, SITAOnAir, IBM, Spafax, Google, Apple Inc. and Microsoft Corporation.
By connectivity, In flight connectivity segment is driven by rising need for huge-speed connectivity in commercial aircraft and growing importance on passenger experience through air travel. Based on application, commercial is attributed to the growing aircraft orders from developing nations, such as China and India.
Depending on geography, Asia Pacific is expected to grow at a fastest market during the forecast period owing to the rising in air passenger traffic in developing nations, such as India and China and increase in the number of commercial aircraft manufacturers in the region.
What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
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Table of Contents
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Connected Aircraft Market, By Type
6 Global Connected Aircraft Market, By Application
8 Global Connected Aircraft Market, By Services
9 Global Connected Aircraft Market, By Entertainment Systems
10 Global Connected Aircraft Market, By Components
9 Global Connected Aircraft Market, By Geography
10 Key Developments
11 Company Profiling
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