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What's driving the Aircraft Communication System Market Size? Viasat, Honeywell, Ducommun Incorporated, Rockwell Collins, Harris, Thales, UTC, Northrop Grumman, Raytheon, and Cobham

03-13-2020 06:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

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What's driving the Aircraft Communication System Market Size?

MarketStudyReport.com Adds New Aircraft Communication System Market 2019 - 2025 research report providing information and data By Product, By Component, By Aircraft, By Distribution Channel, Industry Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast spreading across 475 Pages with table and figures in it.

Asia Pacific accounted for the fastest growing region in the aircraft communication system market. This is attributed to the increasing commercial aircraft deliveries and proliferating air passenger traffic in countries including China, Japan, and India. For instance, according to the IATA, Asia Pacific will account for over half of the air passenger traffic from 2015 to 2035.

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Manufacturers are continuously investing in R&D for developing advanced technologies for improving their aircraft communication systems. The increasing adoption of VHF radio system, wireless communication technologies, and 4D trajectory to control air traffic supports in offering improved communications to the aircraft, thereby expanding the market share over the projected timeline.
Proliferating military sector due to rising defense budget is enhancing the military aircraft demand. The requirement for improved and highly precise navigation systems in military aircraft for operations across multiple locations including cross boundaries is expanding the aircraft communication system market share over the forecast timeframe. The connected communication system in aircraft provides centralized access to electronic devices, enhancing the installation of these systems in aircraft.

SATCOM systems accounted for a significant volume share in the aircraft communication system market owing to efficient earth-based information flow to aircraft located anywhere across the globe. It is associated with the Aircraft Earth Station (AES), Ground Earth Station (GES), and satellites that facilitate the efficient use of telecommunication devices for aircraft and weather monitoring. In addition, it provides data and voice communication systems for governments and military platforms, further augmenting the aircraft communication system market growth.

Mandatory government policies regarding environment and installation of effective communication systems in aircraft are enabling industry players to innovate lightweight communication systems for lower system weight and to reduce greenhouse gas emissions. Additionally, the replacement of aging systems and stringent MRO requirements further escalates the market over the study timeframe.

Increasing aircraft delivery coupled with shifting consumer preference for air travel across the globe is leading to rising demand for aircraft communication systems. According to the Center for Aviation, in 2017, around 1,740 aircraft were delivered across the globe accounting for an increase of 1.5% compared to 2016. Further, proliferating international & regional tourism significantly contributed toward the industry expansion over the study timeframe.

The rising requirements for aircraft communication systems during emergencies and rescue operations are positively influencing the aircraft communication system market over the study timeframe. These systems are transforming into satellite-based navigation system from ground-based surveillance systems on account of efficient use for the aerospace industry.

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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. For instance, in April 2018, Honeywell launched its latest satellite communications system that will offer cockpit safety services to pilots and improved data connectivity.

A transponder will register considerable growth on account of increasing demand for transponders to communicate with different types of aircraft including commercial aircraft, spacecraft, and military aircraft. It ensures effective air safety and air traffic control. It also enables in exchanging data air to air between Traffic Collision Avoidance System (TCAS) equipped aircraft to issue complementary resolution advisories. Barometric altitude identification and exact location determination by transponder are some of the major factors propelling the aircraft communication system market growth.

Helicopters accounted for a significant volume share during the forecast period with increasing commercial helicopter utilization and development of antennas with high electrical performance and lower weight. Prominent players, such as Cobham plc and Honeywell International, Inc., are providing helicopter communication system such as transponder antennas. Further, satellite communication systems in helicopters allow critical communication flow between the ground and aircraft that convert helicopters into an information hub, thereby escalating the aircraft communication system market expansion.

Table of content:
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Aircraft Communication System Industry Insights
Chapter 4 Aircraft Communication Systems Market, By Product
Chapter 5 Aircraft Communication Systems Market, By Component
Chapter 6 Aircraft Communication Systems Market, By Aircraft
Chapter 7 Aircraft Communication Systems Market, By Distribution Channel
Chapter 8 Aircraft Communication Systems Market, By Region
Chapter 9 Company Profiles

Related Report:

Global Aircraft Communication System Market Insights, Forecast to 2025

The Aircraft Communication System market was valued at Million US$ in 2018 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Aircraft Communication System.

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