SATCOM Systems in Aircraft Communication System Market is Accounted for A Significant Volume Share by 2025 | Key Players are L3 Technologies, Harris, Honeywell Aerospace, Lockheed Martin, Raytheon, Rockwell Collins, General Dynamics, Thales

According to Global Market Insights, Aircraft Communication System Market provides a comprehensive analysis of the market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the aircraft communication system industry.

2018 Market Size – USD 1.5 Billion

Compound annual Growth Rate (CAGR)- 7%

2025 Forecast Value – USD 2.9 Billion +

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2329

SATCOM systems accounted for a significant volume share in the aircraft communication system market owing to efficient earth-based information flow to aircraft located anywhere across the globe. It is associated with the Aircraft Earth Station (AES), Ground Earth Station (GES), and satellites that facilitate the efficient use of telecommunication devices for aircraft and weather monitoring. In addition, it provides data and voice communication systems for governments and military platforms, further augmenting the aircraft communication system market growth.

Highlights of this report:

Base Year: 2018

Growth Projections – 2019-2025

Historical data coverage: 2014 to 2018

Number of Pages – 477

Data Tables – 655

A transponder will register considerable growth on account of increasing demand for transponders to communicate with different types of aircraft including commercial aircraft, spacecraft, and military aircraft. It ensures effective air safety and air traffic control. It also enables in exchanging data air to air between Traffic Collision Avoidance System (TCAS) equipped aircraft to issue complementary resolution advisories. Barometric altitude identification and exact location determination by transponder are some of the major factors propelling the aircraft communication system market growth.

Growth Drivers of Aircraft Communication System Market:

• North America
 Expansion in North American defense industry along with rising demand for advanced fighter jets
• Europe
 Increasing adoption of advanced aircraft communication technologies
• Asia Pacific
 Rising number of aircraft deliveries
• Latin America
 Sound growth potential for aviation industry
• Middle East & Africa
 Rising demand for business jets along with growth in tourism industry in MEA

Companies Profiled based on Business Overview, Financial Data, Product Landscape, Strategic Outlook & SWOT Analysis:

• L3 Technologies
• Iridium Communications Inc.
• Harris Corporation
• Honeywell Aerospace
• Lockheed Martin
• Northrop Grumman Corporation
• Raytheon
• Rockwell Collins Inc
• General Dynamics
• Iridium Communications Inc.
• Northrop Grumman Corporation
• Thales
• UTC Aerospace Systems
• Viasat Inc.

Helicopters accounted for a significant volume share during the forecast period with increasing commercial helicopter utilization and development of antennas with high electrical performance and lower weight. Prominent players, such as Cobham plc and Honeywell International, Inc., are providing helicopter communication system such as transponder antennas. Further, satellite communication systems in helicopters allow critical communication flow between the ground and aircraft that convert helicopters into an information hub, thereby escalating the aircraft communication system market expansion.

Asia Pacific accounted for the fastest growing region in the aircraft communication system market. This is attributed to the increasing commercial aircraft deliveries and proliferating air passenger traffic in countries including China, Japan, and India. For instance, according to the IATA, Asia Pacific will account for over half of the air passenger traffic from 2015 to 2035.

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

Research Methodology:

At Global Market Insights, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:

• Definition and scope of research
• Market dynamics, growth drivers and industry pitfalls
• Regulatory and political guidelines for the industry
• Demographics and statistical data

All the above factors are identified and analyzed in detail, with their present and expected market impact, which is quantified and used to derive market growth expectation. Market forecast is built using statistical analysis with models built around time-variance, regression and correlation analytics.

Significant emphasis is put on primary research, which serves the dual role or not only validating our findings but also obtaining penetrating market insights, which help us gain more clarity regarding business environment and competitive leverage. Notable participants in our primary research process include:

• Leadership figures such as CEOs, CSOs, VPs etc. in key companies
• Supply-chain participants, distributors and domain experts
• Key customers and B2B clients

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.