Press release
On-Board Connectivity Market Expected to Witness the Highest Growth 2025 | Key Players include ALE International, Bombardier Inc., Global Eagle Entertainment Inc., Gogo Inc., Honeywell, International Inc., Inmarsat Plc.
On-Board Connectivity Market
According to a recent report titled, "On-Board Connectivity Market by Component, Technology, Application, and End Use: Global Opportunity Analysis and Industry Forecast, 2018-2025," the global on-board connectivity market size was valued at $12,811.0 million in 2017 and is projected to reach $ 36,842.3 million by 2025, growing at a CAGR of 14.3% from 2018 to 2025.
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On-board connectivity market trends include increase in number of air passengers worldwide which is also the major factor fueling the increased investment in this market. With the significant growth of disposable income, passengers from emerging economies are preferring to travel by airlines. In addition, surge in use of portable electronic devices is also acting as a major driver for the on-board connectivity industry growth. Emerging economies from Asia Pacific region such as China and India have witnessed strong proliferation of mobile devices including smartphones and tablets. However, high cost associated with the deployment of on-board connectivity on airplanes is expected to hinder the market growth. Airlines have to invest significant capital on hardware installations of on-board connectivity solutions on individual airplanes. Also, numerous governing frameworks & certification issues in several countries is anticipated to impede the growth of the on-board connectivity market.
Furthermore, technological advancements and growth in demand for Wi-Fi connectivity are generating major opportunities for the on-board connectivity market, which is expected to increase their demand during the forecast period.
The Major players reported in the market include:
Key market players profiled in the report include ALE International, Bombardier Inc., Global Eagle Entertainment Inc., Gogo Inc., Honeywell, International Inc., Inmarsat Plc., Panasonic Corporation, Rockwell Collins, Thales Group, and Viasat, Inc. among others.
KEY BENEFITS
The study provides an in-depth analysis of the On-Board Connectivity market along with current and future trends to elucidate the imminent investment pockets.
The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.
Porter's Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.
The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.
The quantitative analysis of the market during the period of 2014-2022 is provided to elaborate the market potential.
KEY MARKET SEGMENTS:
By Component
Hardware
Antennas
Transceivers
Ethernet Switches
Wireless Access Point
Others
Services
Managed Service
Consulting Service
Integration and Implementation Service
By Technology
Satellite
Ka-band Technology
Ku-band Technology
Swift Broadband Technology
Hybrid
Ground to air
By Application
Entertainment
Communication
By End Use
Maritime
Railway
Aviation
On-road Transit
Cars
Buses
By Geography
North America
Europe
Asia Pacific
Central & South America
Middle East and Africa
TABLE OF CONTENTS
CHAPTER 1 INTRODUCTION
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
CHAPTER 4 WORLD ON-BOARD CONNECTIVITY MARKET, BY END USER
CHAPTER 5 WORLD ON-BOARD CONNECTIVITY MARKET, BY APPLICATION
CHAPTER 6 WORLD ON-BOARD CONNECTIVITY MARKET, BY GEOGRAPHY
CHAPTER 7 COMPANY PROFILES
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