openPR Logo
Press release

Aircraft Communication System Market 2018 By Top Industry Manufacturers - UTC Aerospace Systems, Honeywell Aerospace, General Dynamics, Northrop Grumman, Harris Corporation, Lockheed Martin, Raytheon, Thales, L3 Technologies

01-22-2019 03:55 PM CET | Media & Telecommunications

Press release from: Aerospace Industry

Aircraft Communication System Market

Aircraft Communication System Market

A rather crucial component of the air traffic management, SATCOM has emerged as the most popular product of the aircraft communication system market 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.

Get Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/2329

Digital communication systems have been making rapid inroads in this fraternity. These systems provide aircrafts with very effective communication over long distance oceanic and trans-polar routes and are being massively adopted by the aviation space. Driven by their extensive benefits, companies have also been attempting to develop advanced HF communication systems. Aided by high-grade technological developments, high frequency aircraft communication system industry share has been forecast to witness a CAGR of 7.5% over 2017-2024.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1.Cobham Plc
2. General Dynamics
3. Harris Corporation
4. Honeywell Aerospace
5. Iridium Communications Inc.
6. L3 Technologies, Inc.
7. Lockheed Martin
8. Northrop Grumman Corporation
9. Raytheon
10. Rockwell Collins, Inc.
11. Rohde & Schwarz Gmbh & Co. Kg
12. Thales
13. UTC Aerospace Systems
14. Viasat Inc.

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/2329

One of chief drivers for the aircraft communication system market is the exponential growth of the commercial aircraft industry. Considering an instance of Airbus, one of the pioneers of the aerospace industry, the firm has set its goal of tripling its revenues within the next seven years to enable its commercial aircraft business reach $10 billion. It also plans to target measures worth $555 million in 2018 to improve productivity. With such large investments in place, it is predictable that aircraft communication system market will witness a substantial boost from the commercial aircraft segment. Estimates suggests that aircraft communication system industry size from commercial aircraft applications will witness a CAGR of 3.5% over 2017-2024.

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 years. Increasing aircraft deliveries has led to high demand for these systems, primarily supporting the regional growth.

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

L3 Technologies, Harris Corporation, Thales, Cobham Plc, Lockheed Martin, and Raytheon are among the noticeable players. Other prominent participants in aircraft communication system market include Viasat Inc., General Dynamics, Honeywell Aerospace, Northrop Grumman Corporation, and UTC Aerospace Systems. Industry participants are adopting mergers and acquisitions as their prominent strategy to strengthen their foothold. For instance, in May 2014, Cobham completed the acquisition of a manufacturer of communication systems, Aeroflex to expand its product portfolio and enhance its visibility.

Related Report –

Aircraft Lightning Protection Market size to exceed $3.5 bn by 2024

Aircraft Lightning Protection Market size is estimated to surpass USD 3.5 billion by 2024; according to a new research report by Global Market Insights, Inc. Adoption of composite materials to reduce overall airplane weight and enhance fuel efficiency will boost aircraft lightning protection market growth during forecast period. The composite materials have multiple inherent advantages, but these resist current flow that may damage airplane structure. On an average, commercial airplane fleet face lightning strike once every 1,000 hours of flight time.

Get Sample Copy: https://www.gminsights.com/request-sample/detail/2822

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

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Aircraft Communication System Market 2018 By Top Industry Manufacturers - UTC Aerospace Systems, Honeywell Aerospace, General Dynamics, Northrop Grumman, Harris Corporation, Lockheed Martin, Raytheon, Thales, L3 Technologies here

News-ID: 1522389 • Views: 366

More Releases from Aerospace Industry

Aerospace Communication System Market By Evolving Technology, Software To 2025 | …
Europe aerospace communication system market share will witness robust growth owing to government initiatives on precautionary measures on accidents along with stringent regulations on air carrier inspection & safety. Increasing adoption of advanced technologies to enhance travel safety and avert air carrier accidents will propel the industry demand over the projected timeframe. Aerospace Communication System Market is estimated to exceed USD 2.9 billion by 2025 Get Sample Copy of This Report
Aircraft Evacuation Market 2025 | UTC Aerospace Systems, GKN Aerospace, Zodiac A …
Asia Pacific aircraft evacuation market share will witness a significant growth owing to increasing demand for air travel. Further, as per IATA, the region is witnessing an annual increase of around 5.5% passenger traffic. Continuous investments by industry players for setting up of manufacturing facilities are further supporting the regional growth till 2025. Europe aircraft evacuation market holds substantial share with the expansion of airlines. In August 2018, Wizz Air announced
Aerospace Landing Gear Market 2024 | Safran, GKN Aerospace, Triumph Group, UTC A …
Global aerospace landing gear market from tri-cycle arrangement accounted for 12,221 units in 2017 and is expected to continue its dominance till 2024 owing to several benefits offered including prevention of nose over while braking at higher landing speeds, enhanced visibility from flight deck, easier maneuvering & landing, and prevention of aircraft ground looping. The reduced weight of the system along with lower drag compared to its counterparts further strengthens
Communication System Market in Aircraft 2024 Key Players - L3 Technologies, Lock …
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,

All 5 Releases


More Releases for Aircraft

Connected Aircraft
Connected Aircraft Market 2020-2027 research report is an in-depth analysis of the latest trends, market size, status, upcoming technologies, industry drivers, challenges opportunity with key company profiles, and strategies of players. The Connected Aircraft Market report also provides the market impact and new opportunities created due to the COVID19 catastrophe. Get the Free Access to the Sample Report of Connected Aircraft market is available at https://inforgrowth.com/sample-request/6327290/connected-aircraft-market Connected Aircraft Market report 2020-2027, discusses
Fixed Wing Turbine Aircraft Market | ATR Aircraft, Bombardier, Embraer, Boeing, …
A recent report published by QMI on fixed wing turbine aircraft market is a detailed assessment of the most important market dynamics. After carrying out thorough research of fixed wing turbine aircraft market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for fixed wing turbine aircraft during the forecast period. It can
Light Aircraft Market Is Booming| Diamond Aircraft, Piper Aircraft, TECNAM
A latest survey on Global Light Aircraft Market is conducted covering various organizations of the industry from different geographies to come up with 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition is facing along with gap analysis and new opportunity available and may trend in Light Aircraft market. The report bridges the historical data from
Global Aircraft Battery Market
Global Aircraft Battery Market – Industry Analysis and Forecast (2018-2026) – by Type, Application, Aircraft Type, and Region. Global Aircraft Battery Market was valued at US$ 478.21Mn in 2017 and is expected to reach US$ 900.32Mn by 2026, at a CAGR of 8.23% during a forecast period. A battery is a device containing one or more cells that convert chemical energy directly into electrical energy. Major driving factors of the Aircraft Battery
Aircraft Tyres Market key players Bridgestone Corporation, Dunlop Aircraft Tyres
Aircraft tyres are one of the most highly engineered products having significant complexity which require large number of raw materials pertaining to steel, cord fabric, artificial and natural rubber and other chemicals. Aircraft tyres have cords which serve as the reinforcing materials in the tyre that provide dimensional stability, supporting the aircraft weight, as well as keeping the tyres in shape different road conditions. Aircraft tyres play a vital role
Global Light Aircraft Market 2017 - Cirrus Aircraft, E-Go Aeroplanes, ICON Aircr …
A light aircraft is an aircraft that has a maximum gross takeoff weight of 12,500 lb (5,670 kg) or less. The many uses of light aircraft include aerial surveying, such as monitoring pipelines. They are also used for light cargo operations, such as "feeding" cargo hubs, as well as some passenger operations. Light aircraft are also used for marketing purposes, such as banner towing and skywriting. Primary flight instruction is