Connected Aircraft Market Analysis, Trends, Growth, Research And Forecast 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Connected Aircraft Global Market Report 2023 identifies increase in air passenger travel as the major driver for the connected aircraft market's growth in the forecast period. 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.

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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Major competitors in the connected aircraft market are Honeywell International Inc., Gogo Inflight Internet Company, Thales Group, Inmarsat, Collins Aerospace, Viasat Inc., BAE Systems, The Boeing Company plc, Airbus SE.

A key trend in the connected aircraft market includes technological advancement. Major companies operating in the connected aircraft market are focused on developing new technological solutions to strengthen their position. For instance, in April 2022, Universal Avionics, a US-based company operating in connected aircraft, launched its connectivity ecosystem technology that allows aircraft pilots to connect Apple iPads to the flight management system. This technology enables two-way communication, data collecting, FMS (flight management system) and other avionics system uploading and downloading. It enhances the relevant analytics of each flight and allow operators to optimize flight operations and aircraft availability for each aircraft or a fleet when connected to ground infrastructure.

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The connected aircraft market is segmented -
• 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.

The Business Research Company's "Global Connected Aircraft Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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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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