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What’s driving the Aircraft Communication System Market trends? | Key Players are Viasat, Honeywell, Ducommun Incorporated, Rockwell Collins, Harris, Thales, UTC, Northrop Grumman, Raytheon, and Cobham

06-21-2019 08:27 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insights

Aircraft Communication System Market

Aircraft Communication System Market

Aircraft communication system market has witnessed a remarkable expansion, over the recent years, synonymous to the burgeoning global aviation sector. As per the World Transport Statistics, the 2017 yearbook published by International Air Transport Association, airlines worldwide carried approximately 3.8 billion passengers in 2016 - representing an additional 242 million air trips and a humongous increase of 7% in the global air travel compared to 2015.

A rather crucial component of the air traffic management, SATCOM has emerged as the most popular product of the aircraft communication system market in the recent past. As the global air traffic is expected to increase at an unprecedented pace every year, prominent airlines across the world would undoubtedly be upgrading their SATCOM systems to enhance passenger experience and upgrade operational efficiency. Furthermore, SATCOM is being deployed extensively in military aircrafts - a factor that has further boosted the growth prospects of aircraft communication system market.

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Elaborating further on the rising prominence of this product segment, numerous industry players have been competing fiercely to develop top notch SATCOM systems to cater the increasing demand from aviation sector. Enumerated below are a few instances which highlight the growing influence of the latest SATCOM products on the overall aircraft communication system market landscape.

One of the most well-known firm partaking in aircraft communication system market, Viasat has recently declared the availability of its ViaSat 2 satellite communications service for military and government applications. The California headquartered company had conducted a Viasat 2 SATCOM system demonstration in the early 2018. Apparently, the latest service leverages the capacities of the upgraded SATCOM supplemented with new technologies in ground networking systems.

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Concurrently, an upcoming aircraft communication system market player ThinKom Solutions, has released its next-gen aeronautical antenna systems to serve the American government's E-4B National Airborne Operations Center aircraft. The latest SATCOM would reportedly enable more cost-efficient data, voice, and video connectivity with higher-bandwidth. It has been also said to provide enhanced transponder bandwidth efficiency and higher throughput and supports data speeds up to 400 Mbps forward link and 100 Mbps backward link.

In a bid to improve satellite communication technology, a major aircraft communication system market participant Inmarsat has recently inked a contract with European Space Agency. The firm is aiming to launch an integrated satellite and 4G network, named as European Aviation Network, to offer more viable in-flight connectivity to Europe's airlines and a 4D trajectory air traffic management SATCOM service.

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Apart from rapid technological advancements in product development, one of pivotal factors to have contributed toward the exponential growth of aircraft communication system market is the swiftly expanding commercial aircraft space. One of the forerunners of the aerospace industry, Airbus for instance had set an ambitious target of tripling its services revenue from its commercial aircraft business to USD 10 billion within the ensuing seven.

3 Aircraft Communication System Industry Insights

3.1 Industry segmentation
3.2 Industry landscape, 2013- 2024
3.3 Industry ecosystem analysis
3.3.1 Component providers
3.3.2 Manufacturers
3.3.3 Profit margin trends
3.3.4 Distribution channel analysis
3.3.5 Application
3.3.6 Vendor matrix
3.4 Pricing analysis
3.4.1 By region
3.4.1.1 North America
3.4.1.2 Europe
3.4.1.3 Asia Pacific
3.4.1.4 Latin America
3.4.1.5 Middle East & Africa
3.4.2 Cost structure analysis, 2018
3.5 Technology landscape
3.5.1 Controller pilot data link communication (CPDLC)
3.5.2 Seamless Aeronautical Networking through Integration of Data Links Radio and Antennas (SANDRA)
3.6 Regulatory landscape
3.6.1 North America
3.6.1.1 Federal Aviation Administration, DOT – published by U.S. GPO
3.6.1.2 Canadian Aviation Regulations (SOR/96-433) - Government of Canada
3.6.2 Europe
3.6.2.1 Commission Regulation (EU) No 965/2012 – published Official Journal of the European Union
3.6.2.2 COMMISSION REGULATION (EC) No 29/2009 – European Unio
3.6.3 Asia Pacific
3.6.3.1 Civil Aviation Order 20.91 (Instructions and directions for performance?based navigation) Instrument 2014 – Australia
3.6.3.2 CIVIL AVIATION REQUIREMENTS (CAR) SECTION 9 – AIR SPACE AND AIR TRAFFIC MANAGEMENT SERIES 'D' PART VI ISSUE III, 27TH JULY 2015 – Directorate General of Civil Aviation – India
3.6.4 Latin America

Browse Related Report:
Submarine Combat Systems Market in Europe Region is Expected to hold a Significant Revenue Share Over 2025:https://www.marketwatch.com/press-release/submarine-combat-systems-market-in-europe-region-is-expected-to-hold-a-significant-revenue-share-over-2025-2019-06-20

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
Web: https://www.gminsights.com

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.

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