Aircraft Communication System Market 2018 Key Players are Cobham Plc, Harris Corporation, UTC Aerospace Systems, Lockheed Martin, Iridium Communications, L3 Technologies, Raytheon, General Dynamics, Thales, Northrop Grumman, Viasat, Honeywell Aerospace

Market Overview:-

Global Aircraft Communication System Market is estimated to surpass USD 1.3 billion by 2024; according to a new research report. Increasing implementation of advanced technologies coupled with growing aviation industry will primarily drive the aircraft communication system market. Multiple developing countries in the world are witnessing an increase in air passenger traffic owing to affordable prices. This has resulted in substantial rise in aircraft deliveries from various manufacturers, further propelling the industry growth over the next eight years.

Request For Sample Copy Of This Report @ https://www.gminsights.com/request-sample/detail/2329            

SATCOM will dominate the aircraft communication system market, capturing over 35% of the volume share over the next eight years owing to provision of benefits such as efficiency in air traffic management and superior communication. Moreover, its extensive usage in military aircrafts will strengthen the product penetration due to their increasing orders. This high demand of military aircrafts due to rising defense budgets across the globe will further support the aircraft communication system market growth. HF communication systems will exhibit at over 7.5% CAGR from 2017 to 2024 owing to regular innovations in the product coupled with provision of efficient communication over long distance routes.

Top Key Players:-     

The key players of global Aircraft Communication System Market are Cobham Plc, Harris Corporation, UTC Aerospace Systems, Lockheed Martin, Iridium Communications Inc., L3 Technologies, Raytheon, General Dynamics, Thales, Northrop Grumman Corporation, Viasat Inc., and Honeywell Aerospace.

Regional Segmentations:-

North America aircraft communication system market is expected to hold over 35% of the revenue share over the forecast timeframe. This can be credited to the presence of established aerospace industry leaders along with rising deployment of advanced communication systems in prominent aircrafts across the region. Rising defense expenditure of the developed countries including U.S. will further contribute towards region's dominance.

Asia Pacific aircraft communication system market will grow rapidly, exhibiting a CAGR of over 6% over the coming year.

Make an inquiry before buying this report @ https://www.gminsights.com/inquiry-before-buying/2329      

Major Points of Table Of Content:-

3   Aircraft Communication System Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2013- 2024

3.3    Industry ecosystem analysis

3.3.1    Component providers

3.3.2    Manufacturers

3.3.3    Profit margin trends

3.3.4    Distribution channel analysis

3.3.5    Application

3.3.6    Vendor matrix

3.4    Pricing analysis

3.4.1    By region

3.4.1.1    North America

3.4.1.2    EU

3.4.1.3    APAC

3.4.1.4    LATAM

3.4.1.5    MEA

3.4.2    Cost structure analysis, 2016

3.5    Technology landscape

3.5.1    Controller pilot data link communication (CPDLC)

3.5.2    Seamless Aeronautical Networking through Integration of Data Links Radio and Antennas (SANDRA)

3.6    Regulatory landscape

3.6.1    North America

3.6.1.1    Federal Aviation Administration, DOT – published by U.S. GPO

3.6.1.2    Canadian Aviation Regulations (SOR/96-433) - Government of Canada

3.6.2    Europe

3.6.2.1    Commission Regulation (EU) No 965/2012 – published Official Journal of the European Union

3.6.2.2    COMMISSION REGULATION (EC) No 29/2009 – European Union

3.6.3    APAC

3.6.3.1    Civil Aviation Order 20.91 (Instructions and directions for performance?based navigation) Instrument 2014 – Australia

3.6.3.2    CIVIL AVIATION REQUIREMENTS (CAR) SECTION 9 – AIR SPACE AND AIR TRAFFIC MANAGEMENT SERIES 'D' PART VI ISSUE III, 27TH JULY 2015 – Directorate General of Civil Aviation – India

3.6.4    LATAM

3.6.4.1    REPUBLIC OF CHILE - SPECIAL REQUIREMENTS - DIRECCION GENERAL DE AERONAUTICA CIVIL (DGAC.) - Federal Aviation Administration (FAA)

3.6.5    MEA

3.6.5.1    GACA REGULATION - Section 2 - Rules of the Air - Kingdom of Saudi Arabia - General Authority of Civil Aviation (GACA)

3.7    Industry impact forces

3.7.1    Growth drivers

3.7.1.1    Expansion in North American defense industry along with rising demand for advanced fighter jets

3.7.1.2    Rapid adoption of advanced aircraft communication technologies in Europe

3.7.1.3    Rising number of aircraft deliveries in Asia Pacific

3.7.1.4    Sound growth potential for aviation industry

3.7.1.5    Rising demand for business jets along with growth in tourism industry in MEA

3.7.2    Industry pitfalls & challenges

3.7.2.1    Radio frequency issues for civil aviation industry

3.8    Innovation & sustainability

3.9    Growth potential analysis

3.10    Porter’s analysis

3.11    Competitive landscape, 2016

3.11.1    Market share analysis

3.11.2    Strategy dashboard

3.12    PESTLE analysis

Browse Full Report @ https://www.gminsights.com/industry-analysis/aircraft-communication-system-market

Military aircrafts will account for maximum aircraft communication system market share accounting for over 64,000 units till 2024 owing to rising implementation of SATCOM and other advanced technologies in these aircrafts. Increasing demand for fighter jets with multi-functional capabilities such as ground and air attack systems will further support its dominance. Commercial aircrafts will pose more than 3.5% CAGR owing to growing aviation sector across the globe. Rising air passenger traffic has resulted in increased demand for these communication systems, ensuring passenger safety, further impacting the aircraft communication system market positively.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Auto Blog: http://freeautomotivenews.com/
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.