Connected Aircraft Market 2018-2023 | Competitive Landscape By IBM, Google, Apple, Microsoft, Honeywell, Panasonic, Thales, Kontron, Inmarsat, Gogo

Connected Aircraft Market by Type (Systems, Solutions), Application (Commercial, Military), Aircraft Type (Fixed-Wing, Rotary-Wing), Connectivity (Inflight, Air-To-Ground, Aircraft-To-Aircraft), Frequency Band (Ka-, Ku-, L-), & Region –Forecast to 2023

Market Research Future published a half cooked research report on Global Connected aircraft market. The Global Connected aircraft market projected to register a CAGR around 16% from 2017 to 2023.

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The key players in global connected aircraft market are Honeywell International Inc. (U.S.), Panasonic Avionics Corporation (U.S.), SITAONAIR (Switzerland), Thales Group (France), Kontron AG (Germany), Inmarsat plc (U.K), Gogo Inc. (U.S.), Global Eagle Entertainment Inc. (U.S.), Cobham plc (U.K), IBM (U.S.), Google (U.S.), Spafax (U.K), Apple (U.S.), and Microsoft (U.S.).

Market Highlights:

Connected aircraft facilitates in-flight entertainment to air passengers with the provision of high-quality audio, video, games, flight details, music, movies, radio, and news. In addition to that, it will benefit the passenger in terms of comforts, reduce pilot and flight crew workload, cut maintenance time and costs, and lower cost of ownership. The increased technological innovations in satellite communication, enhanced passenger travel experience, increasing need to upgrade existing connectivity systems, improvement in the aircraft operational efficiency will enable manufacturers to offer new growth opportunities to the market players. The factors driving the growth of the global connected aircraft market are the increased need for operational efficiency, rising aircraft deliveries, growing need to upgrade existing connectivity systems, and rise in the adoption rate of hardware for aircraft connectivity systems. However, there are some shortcomings in the operative performance of connected aircraft, such as cyber-security concerns by the airlines, inconsistency & replacement of traditional data connection, data optimization with the modern systems, and slack in the data package delivery. The market for global connected aircraft is estimated to witness 16% CAGR during the forecast period.

On the basis of region, the market is segmented into America, Asia Pacific, Europe, and Rest of the World. In the North America region, there is the presence of major commercial aircraft manufacturers and airlines in North America, such as Boeing, American Airlines, United Airlines, and Bombardier. In the Asia Pacific region, the increase in urbanization, disposable income, travel rate of air passengers, and air passenger traffic will boost the connected aircraft market during the forecast period. For instance, SITAONAIR partnered with Astronics Ballard Technology to provide a next-generation connected aircraft “smart core” that will significantly enhance airline data communications and operations.

Segmentation:

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and South America. As of 2017, the North American region dominated the market, due to the presence of Boeing and Bombardier, the major commercial aircraft manufacturers, and airlines such as American Airlines and United Airlines. The Asia Pacific region is second to the North American region in the global connected aircraft market due to urbanization and increase in the disposable income, high travel rate of passengers, and rising air passenger traffic.

Thus, the global connected aircraft market is estimated to witness a CAGR of over 16% from 2018 to 2023.

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Table Of Contents

1 Executive Summary

2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis

Continued.....

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