Connected Aircraft Market Analysis to 2024 with Honeywell International, Panasonic Corporation, SITA OnAir, Thales SA, Kontron AG, Inmarsat plc, Gogo, Cobham plc, IBM, Google, Spafax, Apple, Microsoft dominating

The U.S. is anticipated to dominate the connected aircraft market owing to the growth in the demand from passengers for in-flight internet access owing to technological advancements and high usage of advanced technology. Asia Pacific is anticipated to witness the largest growth rate during the forecast time span owing to rising urbanization and increase in the disposable income, high travel rate of passengers, and rising popularity of personal electronic devices amongst the population. Additionally, a substantial number of industry players are investing huge funds in business airlines in this region. The rise in the adoption of hardware for aircraft connectivity augments the connected aircraft market growth.

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Connected Aircraft Market size is projected to grow substantially during the forecast time frame owing to the increasing number of air passengers and a high demand for in-flight high-speed Internet connectivity by the passengers. Connected aircraft systems provide in-flight entertainment to air passengers with the provision of high-quality audio, video, games, flight details, music, movies, radio, and news. They also assist in providing flight safety instructions in regional languages. Passengers can directly get connected to broadcast satellite and have access to international news and GPS maps; this is expected to drive the global the connected aircraft market.

To capture real-time information, data-centric architectures are integrated into modern aircraft. Aircraft operates as a node to capture gigabytes of data from take-off to landing, which assists in improving the safety and efficiency of the flight, thus augmenting the connected aircraft market demand. Data sharing with other aircraft and ground-based operational teams can aid in the transmission of critical data and boost the safety in times of crises. On-board infotainment services and live telecast of news and sports events for entertainment purposes are projected to be high.

Inconsistency and slack in the data package delivery can majorly affect the quality and reliability of streaming, thus hampering the connected aircraft market demand. Furthermore, replacement of traditional data connection and data optimization with the modern systems is hampering the connected aircraft market growth as it incurs huge investments.

The connected aircraft market can be segmented by technologies into Ka-band, Ku-band, and air-to-ground. The Ka-band operates in the electromagnetic spectrum in the frequency range of 26.5 to 40 GHz and Ku-band operates in the frequency range of 12 to 18 GHz. Penetration of Ka-band is predicted to be higher as it offers greater throughput than Ku systems, providing faster in-flight Internet access and finding high applications in military and media organizations.

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Segmentation of the connected aircraft market by components include Aircraft Condition Monitoring System (ACMS), electronic fleet bag, and Aircraft Communication & Reporting System (ACRS). ACRS and ACMS systems are projected to experience a high CAGR as they assist the crew in flight operation monitoring, improving the efficiency and augmenting the overall customer experience. ACMS systems are used in monitoring the health of the devices and equipment on the plane, satisfying regulatory norms, and reducing risks by streamlining continuous improvement of operations. ACRS systems provide a structural approach to the management of risk and boost safety by enhancing communication.

The players operating in the connected aircraft market include Honeywell International, Inc., Panasonic Corporation, SITA OnAir, Thales SA, Kontron AG, Inmarsat plc, Gogo, Inc., Global Eagle Entertainment, Inc., Cobham plc, IBM, Google, Spafax, Apple, and Microsoft. Vendors have adopted business strategies, such as partnerships, mergers, acquisitions, and new product development to get a large hold on the connected aircraft market. For instance, in March 2015, Gogo, Inc. announced a partnership with Spafax. The partnership was initiated to assist in the development and management of Gogo Vision, a wireless in-flight entertainment service.

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Market share calculation in this report is not done based on companies covered in it. The calculation of Connected Aircraft 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.

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