In-Flight Entertainment & Connectivity Market Business Trends By Key Players: Panasonic Avionics, GoGo, OnAir, Honeywell, Global Eagle Entertainment, Inmarsat, Rockwell Collins, Thales, and Zodiac Aerospace

Market Overview: -

In-Flight Entertainment & Connectivity (IFEC) Market to hit USD 8.5 billion by 2024, growing at 13.3% CAGR from 2016 to 2024. Need for increasing passenger travel time experience, development of innovative wireless solutions on BYOD (bring your own device) and growing availability of HD contents are anticipated to drive industry demand. The technology includes moving map systems, audio and video entertainment, personal televisions and in-flight movies. Furthermore, audio and video entertainment provide passengers with a wide range of movies, videos and music libraries. Connectivity services include satellite and internal telephony, data communication and Wi-Fi.

Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/691

Top Key Players: -

Key participants are Panasonic Avionics, GoGo, OnAir, Honeywell, Global Eagle Entertainment, Inmarsat, Rockwell Collins, Thales, and Zodiac Aerospace. Several participants are focusing on mergers and acquisitions in order to enhance their service portfolio with high-speed services at economical rates in single and twin-aisle aircraft.

Market share calculation in this report is not done based on companies covered in it. The calculation of In-Flight Entertainment & Connectivity (IFEC) Market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country/countries can be provided.

Regional Segmentation: -

U.S. in-flight entertainment and connectivity market will remain a major regional segment through the forecast timeline due to improved high-speed broadband support infrastructure, growing data usage in air & ground applications and customizable features offered to its users.

Asia Pacific is anticipated to witness rapid growth due to rising consumer living standards and growing air travel frequency.

Request for customization of this report @ https://www.gminsights.com/roc/691

Huge investments associated with the technology, stringent regulatory framework by Federal Aviation Authority (FAA), and high installation costs may hamper growth. Demand for advanced digital content along with high maintenance associated with installations may pose a challenge to the in-flight entertainment and connectivity market size. In October 2013, FAA allowed the use of PEDs (portable electronic devices) inside flight by following regulatory norms assigned by FCC (Federal Communications Commission). These efforts are expected to strengthen IFEC market growth over the forecast period.

Based on aircraft type, the industry can be classified into business jets, narrow-body aircraft (NBA), very large aircraft (VLA), wide-body aircraft (WBA). The industry expects potential demands from WBA such as Boeing, 747, 767 and 787 Dreamliner, owing to the high adoption of these systems. The NBA segment (for example Boeing 757, Airbus 320 and Boeing 737) is forecast to gradually gain more importance due to low turnaround time, increased frequency and optimal fuel management.

Browse Full Report @ https://bit.ly/2PSnlBV

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
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.