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Global Connected Aircraft Market Report 2023: Demand, Trend Outlook, Industry Share, Revenue, Growth Rate Analysis And Future Forecast To 2032
Connected Aircraft Market
Connected Aircraft Market Size, Growth Rate, And Forecast
The global connected aircrafts market size is expected to grow from $5.82 billion in 2022 to $6.81 billion in 2023, at a compound annual growth rate (CAGR) of 16.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The connected aircrafts market size is expected to grow to $12.31 billion in 2027 at a CAGR of 16%.
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Connected Aircraft Market Drivers
An increase in air passenger travel is expected to propel the growth of the connected aircraft market going forward. Air travel refers to the process of boarding an aircraft for the purpose of travelling from one location to another by any flying object. The increase in air passenger travel is resulting in airline companies making the addition of aircraft to their fleets to cater to the needs of the air passengers.
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Connected Aircraft Market Segments
By Type: Systems, Solutions
By Connectivity: Inflight Connectivity, Air-to-Air Connectivity, Air-to-Ground Connectivity
By Frequency Band: Ka-band, Ku-band, L-band
By Application: Commercial, Military
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Connected Aircraft Market.
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Connected Aircraft Market Key Players
Major competitors in the Connected Aircraft Market include Honeywell International Inc., Gogo Inflight Internet Company, Thales Group, Inmarsat, Collins Aerospace, Viasat Inc., BAE Systems.
The Business Research Company's "Global Connected Aircraft Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Connected Aircraft Market Include:
1. Executive Summary
2. Connected Aircraft Market Characteristics
3. Connected Aircraft Market Trends And Strategies
4. Connected Aircraft Market - Macro Economic Scenario
5. Connected Aircraft Market Size And Growth
……
26. Africa Connected Aircraft Market
27. Connected Aircraft Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Connected Aircraft Market
29. Connected Aircraft Market Future Outlook and Potential Analysis
30. Appendix
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