Connected Aircraft Market is Anticipated to Expand upto $15.88 Billion in 2029

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What Is the Forecasted Market Growth Rate of the Connected Aircraft Industry?
In recent years, the market size for connected aircraft has seen a significant expansion. Its value is predicted to increase from $7.84 billion in 2024 to $9.11 billion in 2025, marking a compound annual growth rate (CAGR) of 16.2%. This substantial growth in the past years has been driven by factors such as the need for operational efficiency, improvement in safety measures and situational awareness, growth in air passenger traffic, reduction in fuel consumption and emissions, government norms and standards, and the surge in complexity of aircraft.

How Will the Connected Aircraft Market Size Evolve From 2025 to 2029?
The predicted expansion of the connected aircraft market is expected to be swift in the coming years, with an anticipated value of $15.88 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 14.9%. Factors contributing to this projected growth within the forecast period include advancements in air traffic management, an increasing demand for in-flight connectivity, predictive maintenance and health monitoring enhancements, smart cabin solution innovations, seamless integration with ground operations, urban air mobility (UAM) development, and the implementation of green aviation initiatives. Noteworthy trends within this timeframe will include a fast-paced adoption of in-flight connectivity, the integration of IoT technologies, improved aircraft health monitoring, the digital transformation of cockpit and cabin systems, the utilization of data analytics and artificial intelligence (AI) and an increase in cybersecurity issues.

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What Are the Main Growth Drivers in the Connected Aircraft Market Today?
The continued growth of the connected aircraft market is anticipated due to an expected rise in air passenger travel. The term air travel specifies the act of journeying from one place to another via an aircraft or any other flight object. This rising trend in air passenger travel is prompting airlines to expand their fleets to accommodate these travelers' needs. For instance, data from the International Air Transport Association, a Canada-based trade association, shows that in February 2023, the total traffic revenue passenger kilometers, commonly referred to as RPKs, increased by 64.4% in 2022 compared to 2021. Additionally, international traffic saw a significant rise of 152.7% in 2022 compared to the previous year, and domestic traffic rose by 10.9% from the preceding year. Therefore, the surge in air passenger travel is a key contributor to the expansion of the connected aircraft market.

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Which Connected Aircraft Market Segment Is Expected to Lead Through 2029?
The connected aircraft market covered in this report is segmented -

1) By Type: Systems, Solutions
2) By Connectivity: Inflight Connectivity, Air-To-Air Connectivity, Air-To-Ground Connectivity
3) By Frequency Band: Ka-band, Ku-band, L-band
4) By Application: Commercial, Military

Subsegments:
1) By Systems: Communication Systems, Navigation Systems, Surveillance Systems, Flight Management Systems,
2) By Solutions: Aircraft Health Monitoring Solutions, In-Flight Connectivity Solutions, Data Analytics Solutions, Crew Management Solutions.

Which Market Trends Are Expected to Dominate Connected Aircraft Industry Growth?
Advancements in technology is currently a prevailing trend observed in the connected aircraft sector. Major organizations existing in this market are concentrating on creating innovative technological solutions to enhance their standing. For example, a U.S. company well-established in the connected aircraft sector known as Universal Avionics, launched their connectivity ecosystem platform in April 2022. This platform facilitates aircraft pilots to connect their Apple iPads with the flight management system. The groundbreaking technology facilitates bi-directional communication, data accumulation, and uploading and downloading to the FMS (flight management system) and other avionic systems. It enhances the meaningful analytics pertaining to each journey, allowing operators to improve flight procedures and ensure the availability of aircraft for individual or fleet operations when connected with the ground infrastructure.

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Which Companies Hold the Largest Market Share in the Connected Aircraft Sector?
Major companies operating in the connected aircraft market are Honeywell International Inc., Gogo Inc., Thales Group, Inmarsat PLC, Collins Aerospace, Viasat Inc., BAE Systems PLC, The Boeing Company, Airbus SE, Bombardier Aviation, Kontron AG, Panasonic Avionics Corporation, Nelco Ltd., Eutelsat S.A., Zodiac Aerospace, L3Harris Technologies, Société Internationale de Télécommunications Aéronautiques, Global Eagle Entertainment Inc., Cobham Aerospace Communications, Astronics Corporation, SmartSky Networks LLC, Intelsat S.A., Iridium Communications Inc., AeroVironment Inc., Avionica Inc., Satcom Direct Inc., Airspan Networks Inc., Tata SIA Airlines Limited, Gilat Satellite Networks Ltd., Phasor Inc.

Where Is the Connected Aircraft Market Experiencing the Highest Growth?
North America was the largest region in the connected aircraft market in 2024. North America is expected to be the fastest-growing region in the connected aircraft market report during the forecast period. The regions covered in the connected aircraft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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