Aircraft Communication System Market is growing with Revenue of $15,375.1 Million with 9.4% of CAGR by 2025 | Key Player Analysis: Rockwell Collins, Raytheon Corporation, Thales Group, Viasat, Cobham, Honeywell International

Global aviation sector is witnessing a huge demand for modern aircrafts in both commercial as well as military aviation. Attributing to the fact that, the disposable income in the developing countries is increasing substantially, the need for air travel is also increasing at the same pace. On a global scenario, commercial air traffic is foreseen to maintain a constant growth over the period, despite of various challenges faced by the commercial airlines. However, the challenges are succeeded by the rise in passenger numbers across the globe. The low cost carriers (LCC) in the developed economies as well as developing economies are turning the revolution by offering low fare business models which is increasing the demand for air travel among the upper middle class and middle class society of developing nations. According to International Air Transport Association, the commercial aviation passenger number is expected to rise up to 7.2 billion in 2035 as compared to 3.8 billion in 2016. Asia Pacific will be the highest revenue generator region in the world, owing to huge growth in air traffic in the countries such as China, India, and Japan among others. China is anticipated to surpass the United States by 2024, owing to growth in aviation traffic to, from and within the nation. India will displace the United Kingdom, to become the third largest commercial air carriers in the world

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The global aircraft communication systems market has been segmented on basis of various parameters such as types, components, aircraft types and geography. Based on types the market for aircraft communication systems is segmented as VHF/UHF/HF radios, data links and SATCOM. The components segment include antenna, transponder, transceiver, and display & processors. The aircraft communication systems market is bifurcated on basis of aircraft types as commercial aircrafts and military aircrafts. The market is further analyzed by categorizing the market on basis of five strategic regions across the globe as North America, Europe, Asia Pacific, Middle East and Africa, and South America.

Global Aircraft Communication Systems Market - By Types
VHF/UHF/HF Radios
Data Links
SATCOM

Global Aircraft Communication Systems Market - By Components
Antenna
Transponder
Transceiver
Display & Processor

Global Aircraft Communication Systems Market - By Aircraft Types
Commercial Aircrafts
Military Aircrafts

Global Aircraft Communication Systems Market - By Geography
-North America
-U.S.
-Canada
-Mexico
-Europe
-France
-Germany
-Russia
-U.K
-Asia Pacific (APAC)
-Japan
-China
-India
-Middle East & Africa (MEA)
-Saudi Arabia
-South Africa
-UAE
-Rest of MEA
-South America (SAM)
-Brazil

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1 Table of Contents

2 Introduction 13
2.1 Scope of the Study 13
2.2 The Insight Partners Research Report Guidance 13

3 Key Takeaways 15

4 Market Landscape 17
4.1 Market Overview 17
4.2 Market Segmentation 18
4.3 Global Aircraft Communication Systems Market - By Type 19
4.4 Global Aircraft Communicaton Systems Market - By Component 19
4.5 Global Aircraft Communication Systems Market - By Aircraft Type 20
4.6 Global Aircraft Communication Systems Market - By Geography 20
4.7 Porter’s Five Forces 21
4.7.1 Bargaining Power of Buyers 21
4.7.2 Bargaining Power of Suppliers 22
4.7.3 Threats to Substitutes 22
4.7.4 Threats to New Entrants 22
4.7.5 Competitive Rivalry 23

5 Global Aircraft Communication Systems Market - Key Market Dynamics 24
5.1 Key Market Drivers 24
5.1.1 Significant Rise in Demand for Aircraft Deliveries 24
5.1.2 Surging Investments in Avionics 25
5.1.3 Increasing Aircraft Modernization Programs 25
5.2 Key Market Restraints 27
5.2.1 High Cost of the Advanced Communication Systems 27
5.3 Key Market Opporunities 28
5.3.1 Demand for Enhanced Satellite Based Communication and Navigation Systems 28
5.4 Future Trends 29
5.4.1 Technological Advancement and Governmental Initiatives are Anticipated to Influence the Growth of Aircraft Communication Systems 29
5.5 Impact Analysis of Drivers and Restraints 30

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Reasons of Acquisition-

-Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global aircraft communication systems market.

- Highlights key business priorities in order to assist companies to realign their business strategies.

- The key findings and recommendations highlight crucial progressive industry trends in the global aircraft communication systems market, thereby allowing players across the value chain to develop effective long-term strategies.

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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