What’s driving the Aircraft Communication System Market Growth?| Key Players are L3 Technologies, Iridium Communications Inc., Harris Corporation, Honeywell Aerospace, Lockheed Martin, Northrop Grumman Corporation, Raytheon and Rockwell Collins
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.
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Key Companies in Global attitude and heading reference system market: -
• Cobham Plc
• General Dynamics
• Harris Corporation
• Honeywell Aerospace
• Iridium Communications Inc.
• L3 Technologies, Inc.
• Lockheed Martin
• Northrop Grumman Corporation
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
3.3.3 Profit margin trends
3.3.4 Distribution channel analysis
3.3.6 Vendor matrix
3.4 Pricing analysis
3.4.1 By region
188.8.131.52 North America
184.108.40.206 Asia Pacific
220.127.116.11 Latin America
18.104.22.168 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)
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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. The deal is in line with the Single European Skies ATM Research plan that aims to build an advanced aerospace management system to transform European aviation sector.
The major players in the aircraft communication system market are Viasat, Honeywell, Ducommun Incorporated, Rockwell Collins, Harris, Thales, UTC, Northrop Grumman, Raytheon, and Cobham. The industry participants are developing advanced communication systems that will provide data and voice connectivity access to aircraft passengers and flight crews.
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The commendable expansion of the aviation space can be aptly credited for the significant proceeds that aircraft communication system market has been accumulating in the recent years. According to a study conducted by IATA, the average global citizen now undertakes air travel once every 21 months – a significant increase from the 43-month duration in 2000.
As the demand for real-time satellite access and air traffic data to undertake rapid decisions increases, aircraft communication system market is likely to receive commendable momentum. For instance, the EU has adopted the SANDRA project that integrates different plane communication systems in a single system. This unit facilitates faster data connectivity and replaces banks of radio hardware with state-of-the-art software systems. Thus, data like weather conditions and air traffic situation that used to be verbally communicated earlier, can now be accessed by pilots in real time through flight computers.
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