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Aircraft Communication System Market: Significant Rise in Demand for Aircraft Deliveries Leading Players Viasat, Rockwell Collins, L-3 Technologies, Cobham

05-15-2019 09:25 AM CET | Media & Telecommunications

Press release from: The Insight Partners

Aircraft Communication System Market

Aircraft Communication System Market

The global aircraft communication system market accounted to US$7,475.4 Mn in 2017 and is expected to grow at a CAGR of 9.4% during the forecast period 2017 - 2025, to account to US$15,375.1 Mn by 2025.

Currently, the global aircraft communication system market is witnessing a substantial growth, and is projected to rise in the coming years. The aircraft communication system market is a highly fragmented market, with large to medium sized enterprises operating in the field. These established companies invest significant amount in their research and development wings in order to develop and manufacture technologically advanced communication systems for commercial aircrafts as well as military aircrafts. The aircraft manufacturers on the other hand, are procuring advanced technologies in order to equip their airplanes with the latest technology and meet the demand of control towers as well as customers. This factor is influencing the growth of aircraft communication system market heavily. In addition, the military aircrafts need to be equipped with sophisticated technologies, which include robust communication systems, in order to communicate and navigate the aircraft easily during any situation. This factor is also driving the aircraft communication system market growth at present and is anticipated to help the market to surge over the period from 2017 to 2025. Furthermore, the need for satellite communication is significantly increasing across the aviation sector globally. Owing to the advantage of better communication ability in remote locations and overseas, the aircraft manufacturers are adopting SATCOM technologies for their newer aircrafts.

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Global Aircraft Communication System Market - Company Profiles

Cobham Plc. (United Kingdom)
General Dynamics Corporation (United States)
Harris Corporation (United States)
Honeywell International Inc. (United States)
L-3 Technologies Inc. (United States)
Northrop Grumman Corporation (United States)
Thales Group (France)
Viasat Inc. (United States)
Raytheon Company (United States)
Rockwell Collins (United States)

The 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.

The avionics segment in the aerospace industry is observing huge investment currently, owing to increasing need for technologically enhanced avionics in commercial aviation as well as military aviation. The communication systems are an integral part of avionics, and the manufacturers of aerospace communication systems are investing huge amounts in development of technologically robust communication systems. The major avionics companies such as Honeywell International Inc., Rockwell Collins, and Thales Group among others are introducing latest avionics technology in order to benefit the commercial aviation sector as well as defense aviation sector. With the advent of SESAR and NextGen, the global avionics sector is undergoing a transformation from ground based systems to satellite based ground station control system and is expected to head towards more high bandwidth, high speed and compute-intensive avionics. Growth in demand for real time data for enhancement of flight operations and enrich decision making capabilities, is boosting the investments in avionics sector for commercial as well as military aviation. These factors are catalysing the growth of aircraft communication system market over the period.

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The report segments the global aircraft communication system market are as follows:

Global Aircraft Communication System Market – By Type

Data Link
Global Aircraft communication System Market – By Component

Display & Processors
Global Aircraft Communication System Market – By Aircraft Type

Commercial Aircraft
Military Aircraft
Global Aircraft Communication System Market – By Geography

North America
Rest of Europe
Asia Pacific (APAC)
Rest of Asia Pacific
Middle East & Africa (MEA)
Saudi Arabia
South Africa
Rest of Middle East and Africa
South America (SAM)
Rest of South America

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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.

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