Press release
Connected Aircraft Market to Witness Huge Growth by 2025 - Inmarsat, Iridium, Honeywell International, GOGO, Thales Group, Cobham, Viasat, Panasonic Avionics Corporation
The "Global Connected Aircraft Market Analysis to 2025" is a specialized and in-depth study of the aircraft industry with a focus on the global market trend. The report aims to provide an overview of global connected aircraft market with detailed market segmentation by systems, solutions, connectivity, aircraft types, end users and geography.As leading companies in Connected Aircraft Market continues to broaden their addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from start-ups as well the leading global technology and industrial companies in the world. Various companies in the value chain are acquiring other local players and operating through joint ventures with retailers in the market to maintain their position in market and provide efficient solutions to its customers.
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Key Benefits-
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Connected Aircraft Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
The trend of connectivity is everywhere nowadays, from homes, to cars, to aircrafts. The connected technologies facilitates the aircraft operators in increasing the operational efficiency, comfort and passenger and crew experience. The advanced technology also facilitates the pilots to communicate real time data with the ground stations as well as other airborne aircrafts in the vicinity.
Several technological companies are constantly investing substantial quantity of time and amounts in the development of robust technologies which deter the threats associated with connected technologies. This factor is increasing the interest among the aircraft manufacturers to integrate their new aircrafts with these technologies, as well as the commercial airliners and military forces to upgrade their existing aircrafts. This factor is also facilitating the market to propel over the years.
Leading Connected Aircraft Market Players:
1. Inmarsat
2. Iridium
3. Honeywell International Inc
4. GOGO LLC
5. Thales Group
6. Cobham Plc
7. Viasat Inc.
8. Panasonic Avionics Corporation
Rising demand for data management systems among the commercial airliners, military forces and ground base stations (civil airports or military airports) is influencing the demand for connected aircraft in the current scenario. In addition, the increasing the demand for in-flight connectivity is paving the path for satellite connectivity, which is catalyzing the growth for connected aircraft market. Moreover, the technological advancements in the field of SATCOM, on-board and on-ground software for real time communication and aircraft data gathering is also bolstering the market for connected aircraft.
However, these technologies are highly vulnerable to cyber-attacks, which is a major factor limiting the commercial airlines and military forces to adopt this technology, thereby inhibiting the market growth. Nonetheless, the aircraft manufacturers as well as the connectivity providers are continuously emphasizing on delivering robust technologies to deter cyber threats, which is expected to drive the market for connected aircraft in the coming years.
The global connected aircraft market is expected to witness high growth during the forecast period. The connected aircraft market report provides key statistics on the connected aircraft market status of the leading market players and offers key trends and opportunities in the connected aircraft market.
The Connected Aircraft Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2017 – 2025, considering 2017 as the base year and 2018 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 14 countries across the mentioned regions.
The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The connected aircraft report also provides exhaustive Porter's Five analysis.
Also, key connected aircraft market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Connected Aircraft Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Connected Aircraft Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Contact info:
Contact Us: Call: +1-646-491-9876
Email:sales@theinsightpartners.com
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, Healthcare, Manufacturing, Automotive and Defense.
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