Aircraft Communication System Market 2025 Research Covers, Future Trends and Opportunities Past Present Data and Deep Analysis

In terms of revenue, the aircraft communication system market was valued at US$ 7,112.0 million in 2016 and is projected to reach US$ 15,375.1 million by 2025; it is expected to grow at a CAGR of 9.4% during the forecast period from 2017 to 2025.

The market for aircraft communication systems is influenced by various factors such as rise in air travel, and increasing demand for SATCOM technologies. These factors are poised to drive the market growth of aircraft communication systems from 2017 to 2025. However, there are factors hindering the growth of the market during the forecast period such as high investments incurred during procurement of such advanced systems, and failure of air traffic management systems during the peak hour of air traffic.

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Players Mentioned are -

• Cobham Plc
• General Dynamics Corporation
• Honeywell International Inc.
• L3Harris Technologies, Inc.
• Northrop Grumman Corporation
• Thales Group
• Viasat Inc.
• Raytheon Technologies Corporation

North America led the aircraft communication systems market in 2017. North America has the largest fleet of military aircrafts in the world. Business and personal aircraft market also generates a stable revenue in this region. Boeing is a North American multinational company is the largest manufacturer of commercial aircraft. The presence of Lockheed Martin, Northrop Grumman and general dynamics are some of the major military aircraft suppliers operating in the region thus, creating an exponential market for aircraft communication systems. Moreover, the United States is focused on reducing the gap between the pilots and air traffic controllers, and in order to bridging the gap, Federal Aviation Administration (FAA) has undertaken an initiative named NextGen Avionics. This new technology is attracting the general aviation aircraft manufacturers and general aviation owners, since this technology is helping the general aviation aircraft owners to meet the Automatic Dependent Surveillance Broadcast out mandate.

Key findings of the study:

North America is anticipated to account the largest aircraft communication system market share

Based on the type, the VHF/UHF/HF radio is projected to dominate the aircraft communication system market

Transponders led the aircraft communication system market by component in 2017

Based on the aircraft type, the commercial aircraft is projected to dominate the aircraft communication system market

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Asia Pacific region is projected to expand with highest CAGR in the global aircraft communication system market. Factors driving the adoption of communication systems in the Asia Pacific includes a significant increase in commercial air traffic, in countries such as China, India, Japan, and Indonesia among others. According to International Air Transport Association (IATA), China is expected to surpass the United States in terms of commercial air traffic, and India is expected to outpace the United Kingdom by 2035. Thus, the commercial aviation sector in Asia Pacific region is expected to witness an immense growth in the coming years.

The global aircraft communication system market has been segmented as follows:

Aircraft Communication System Market - By Type

• VHF/UHF/HF Radios
• Data Links
• SATCOM

Aircraft Communication System Market - By Component

• Antennas
• Transponders
• Transceivers
• Displays & Processors

Aircraft Communication System Market - By Aircraft Type

• Commercial Aircrafts
• Military Aircrafts

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