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

Market Overview:-

Aircraft Communication System Market has witnessed a remarkable expansion, over the recent years, synonymous to the burgeoning global aviation sector. As per the World Transport Statistics, the 2017 yearbook published by International Air Transport Association, airlines worldwide carried approximately 3.8 billion passengers in 2016 - representing an additional 242 million air trips and a humongous increase of 7% in the global air travel compared to 2015. Moreover, the rise in civil aviation has been complemented with surging military spending by numerous governments which has only added to the existing fleet of defense aircrafts.

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A rather crucial component of the air traffic management, SATCOM has emerged as the most popular product of the aircraft communication system industry in the recent past. As the global air traffic is expected to increase at an unprecedented pace every year, prominent airlines across the world would undoubtedly be upgrading their SATCOM systems to enhance passenger experience and upgrade operational efficiency. Furthermore, SATCOM is being deployed extensively in military aircrafts - a factor that has further boosted the growth prospects of aircraft communication system market.

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:-

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

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.

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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

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The firm further aims 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 aircraft communication system 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 the billion-dollar benchmark by 2024.

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