Global In-flight Entertainment Market grow at a CAGR of 10.8% during the forecast period 2019 – 2027 Lead By Viasat, Deutsche Lufthansa AG, Honeywell International, Burrana, Safran Aerosystems, Global Eagle Entertainment, Gogo

The global in-flight entertainment market is accounted to US$ 5,097.7 Mn in 2018 and is expected to grow at a CAGR of 10.8% during the forecast period 2019 – 2027, to account to US$ 12,419.7 Mn by 2027.

Asia-Pacific is anticipated to be the fastest growing region and North America is to be the highest revenue contributor throughout the forecast period in the in-flight entertainment market. The rising air travel and customer demands for advanced technologies on board, the airlines are increasingly ordering aircraft fitted with in-flight entertainment system. Also, the airline companies are retrofitting their existing aircrafts with IFE systems. The increasing demand for in-flight entertainment systems from the airline companies is boosting the businesses of the market players operating in the in-flight entertainment market.

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Company Profiles In this Research are:

Burrana Inc. (Digecor, Inc.)
Honeywell International Inc.
Thales Group
Viasat, Inc.
Deutsche Lufthansa AG
Safran Aerosystems
Panasonic Corporation (Panasonic Avionics Corporation)
Astronics Corporation
Global Eagle Entertainment Inc.
Gogo, LLC

The pace of expansion of commercial aviation across the globe is significant in recent times. Owing to the continuously rising disposable income among the population in developing and developed regions across the globe, the demand for air travel is also increasing at a similar pace. Pertaining to significant growth of commercial air traffic, the airlines are ordering more technologically advanced aircraft. The rising number of passengers across the globe are demanding various parameters to make flight hours more exciting and comfortable. In-flight entertainment is one of the key trends among the full-service carriers as well as low-cost carriers. Continuous increase in the air transport would ultimately help the in-flight entertainment market to prosper.

The global airspace is experiencing huge demand for air travel in terms of commercial aircraft. This is leading the airlines to procure latest aircraft as well as adopt new and robust technologies in order to modernize the existing aircrafts. Modernization of existing commercial aircraft is a major trend prevailing in the aviation industry at present. The trend is expected to surge over the period leading to huge opportunity for the aircraft component manufacturers. The manufacturers are designing and manufacturing advanced entertainment systems, which is increasing the interest among the commercial aircraft manufacturers.

The in-flight entertainment market by product type is segmented into hardware, connectivity & communication, and content. Moreover, majority of the airlines have fitted seatback screen to entertain their passengers, however, with rising technological innovations and adoptions, the airlines nowadays are shifting to wireless IFE and mobile IFE systems. Apart from seatback screens, several other in-flight entertainment system hardware include; wired & wireless controls, cabin wireless access points, IFEC URLs, IFE servers, IFE content loaders, IFEC modem managers, IFE in seat power units, SeatBack screens, and many more.

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KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

3.1 COVERAGE

3.2 SECONDARY RESEARCH

3.3 PRIMARY RESEARCH

4. IN-FLIGHT ENTERTAINMENT MARKET LANDSCAPE

4.1 MARKET OVERVIEW

4.2 PORTER’S FIVE FORCES ANALYSIS

4.2.1 Bargaining Power of Buyers:

4.2.1.1 Large Numbers of Airlines Companies

4.2.2 Bargaining Power of Suppliers:

4.2.2.1 Concentration of IFE Service Providers is High

4.2.3 Threats to Substitutes:

4.2.3.1 Traditional Seatback Screens are being replaced by Wireless IFE and Mobile IFE

4.2.4 Threats of New Entrants:

4.2.4.1 Entrance of Content Service Providers in the Market

4.2.5 Degree of Competition:

4.2.5.1 Notable Presence of Well Established Players

5. IN-FLIGHT ENTERTAINMENT MARKET – KEY INDUSTRY DYNAMICS

5.1 KEY MARKET DRIVERS

5.1.1 Rising Number of Air Passengers Globally

5.1.2 Rising Investments in Asia-Pacific

5.2 KEY MARKET RESTRAINTS

5.2.1 Rising concerns for security

5.2.2 High cost related to upgrading and maintenance

5.3 KEY MARKET OPPORTUNITY

5.3.1 Modernization of Existing Aircraft Fleet

5.4 FUTURE TREND

5.4.1 The proliferation of advanced technologies

5.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

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PAC introduced new Innovation Studios at key centers across the globe. This new center will influence the cloud-based infrastructure for enhance its collaboration, strengthening its partner eco-system, and maintaining the range of value-added services company offer to their airline customers. Through this the user can get the maximum value from their inflight entertainment and connectivity (IFEC) investments.

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