Aircraft Communication System Market Set for Continued Growth to 2025 | By key vendors - Honeywell Aerospace, L3 Technologies, General Dynamics, Harris Corporation, Lockheed Martin, Raytheon, UTC Aerospace Systems
This Research study on the Global Aircraft Communication System Market offers detailed and insightful information on major regional markets and related sub-markets.
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
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Signal congestions and Radio Frequency Interference (RFI) in satellite frequency bands are among the key challenges for industry growth. Rising impact on active sensors performance due to increasing interference from numerous aircrafts further enhances the radio frequency interference. Increasing number of signals transmitted per hour by active sensors has increased the overall signal congestion. Presence of large number of active sensor techniques along with wide range of RFI environment may hamper the aerospace communication system market share over the projected timeframe
Antennas hold a substantial potential to capture the aerospace communication systems market. The requirement for constant transmission of signal from air carriers to ground air traffic control for maintaining the flight during the course of its journey are supporting the segment share over the study timeframe. Moreover, the availability of a multiple range of antennas with varied size and transmission capabilities based on the flight application further supports the aerospace communication system market share over the study timeframe.
Aircraft Communication System Market By Product
• Data link communication
Aircraft Communication System Market By Component
• Display & processor
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Based on product, high frequency will witness significant gains in the aerospace communication system marketplace. The superior transmission of signals for facilitating direct long-distance signal transmission along with improved transfer of data over shore areas are supporting the segment growth over the study timeframe. Increasing prominence of effective air traffic control (ATC) between airport control units ensuring air travel safety and reduced flight delays are supporting the market share over the projected timeframe.
Commercial air carrier will witness prominent growth in the aerospace communication system marketplace. Proliferating air carrier production across the globe owing to rising air passenger traffic are boosting the segment growth over the study timeframe. For instance, in 2018, Airbus SE deliveries rose to 800 commercial aircrafts with an increase of 11% as compared to 2017. Growing adoption of low-cost carriers along with improving regional connectivity are escalating the industry size over the study timeframe.
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Major players operating in the aerospace communication system market include L3 Technologies, Iridium Communications Inc., Harris Corporation, Honeywell Aerospace, Lockheed Martin, Northrop Grumman Corporation, Raytheon and Rockwell Collins, Inc. Industry participants are engaged in strategic acquisitions and mergers for expanding their market share. For instance, in 2015, Rockwell Collins acquired International Communications Group (ICG) for USD 50 million. This strategy was aimed at integrating the company’s satellite communication portfolio and diversify its business with a wide range of products.
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