Connected Aircraft Market 2018-2026 Ongoing Trend | Growing at Remarkable CAGR of 18.5% with Honeywell International, Thales Group, Rockwell Collins, Inmarsat, BAE Systems, Viasat, Gogo, Panasonic Avionics Corporation

Market Scenario:

According to Market Prognosis, 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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Top Players:

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.

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 9 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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Market Segments:

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.

Connectivity’s covered:
• Air-To-Ground Connectivity
• Inflight Connectivity
• Aircraft-To-Aircraft Connectivity
• Ku-Band
• Ka-Band
• L-Band
• Air-To-Ground (ATG)4
• Ground-to-Orbit (GTO)
• Swift Broadband
• 2ku
Types Covered:
• Solutions
• Systems
Applications Covered:
• Military
• Commercial
Services Covered:
• Passenger Connectivity
• Infotainment
• EBusiness
• Passenger Entertainment
• Onboard Emergency
Entertainment Systems Covered:
• Portable In-Flight
• Embedded In-Flight
• BYOD
• Components Covered:
• Electronic Fleet Bag
• Aircraft Condition Monitoring System (ACMS)
• Aircraft Communication & Reporting System (ACRS)
Regions Covered:
• North America
• US
• Canada
• Mexico
• Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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This release was published on openPR.