Press release
5G in Aviation Market 2022 Disclosing Latest Trends and Advancement Outlook 2026
The 5G in Aviation Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the 5G in Aviation market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the 5G in Aviation market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the 5G in Aviation market.5G market in the aviation sector is expected to register a healthy CAGR of over 7.7% during the forecast period (2021 - 2026).
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Top Leading Companies of 5G in Aviation Market are - Gogo LLC, SITAONAIR (SITA.aero), Deutsche Lufthansa AG, BAE Systems PLC, Airbus SE, Sprint Corporation, SK Telecom, KT Corporation, Deutsche Telekom AG (T-Mobile), Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., Nokia Corporation, Inseego Corp., AeroMobile Communications Limited and others.
Industry News and Updates:
- November 2020 - The new SESAR project funded by a European government-industry consortium will use Nokia’s 4G and 5G wireless network infrastructure to test new wireless network technologies for commercial airline controller to pilot data link communications (CPDLC).
- Feb 2020 - Nokia deployed 5G private wireless network for Lufthansa Technik virtual inspection trial. The trial is to utilize hyperfast wireless connectivity to enable remote engine parts inspection, offer high definition video link which takes customers directly to the overhaul shop floor, and the 5G network to save time and cost, as well as improving efficiency and operational performance.
Key Market Trends:
Ground-to-Ground Communication type is Expected to Register a Significant Growth
- As 5G Use Cases are becoming more and more well-articulated by the industry and the ultra-high reliability and low latency of 5G come into the picture, their presence in the aerospace sector will surely be increasing in the years to come.
- The growth of 5G broadband is expected to complement the existing 4G technology, using similar frequency bands, but with higher data rates, greater reliability and lower latency or lag. Further, carriers and device manufacturers will be able to use frequency bands that have not been used in cellular communications before but are commonly used in aerospace and radar applications.
North America to Register the Largest Growth During the Forecast Period
- Although the majority of these subscribers are being served using proprietary technologies in the unlicensed 5GHz spectrum, the use of 5G technologies in the licensed spectrum is expected to grow across the aviation sector across the region.
- Also, the rise in passenger traffic is leading to an increase in demand for good internet connectivity in airports as well as connected aircraft, hence smart airports across this region is boosting the growth of the 5G market in the Aviation sector.
- eMBB is an evolution to the existing 4G network across the US region which is the initial phase of 5G services. Prominent applications involved with eMBB including in-flight entertainment, real-time air traffic alerts, real-time video streaming, games with 3D and 4K resolutions, and high-speed internet access for latent-free cloud access are expected to fuel the demand for 5G market across the region.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- 5G in Aviation Market Size & Analysis (2016 - 2026)
- Market Share Analysis of 5G in Aviation Market (%),2016 - 2026
- 5G in Aviation Market Share, By Brand
- 5G in Aviation Market Share, By Company
- 5G in Aviation Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies 5G in Aviation Market Value Analysis & Forecast
- Promising 5G in Aviation Development by Major Companies
- Detailed 5G in Aviation Portfolio of the Major Companies
- Major Deals in the 5G in Aviation Market
- Major Companies Analysis
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https://www.marketinsightsreports.com/reports/02082592710/5g-market-in-aviation-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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