Aircraft Communication System Market Analysis and Industry Research & Forecast, 2017 - 2024: Global Market Insights Inc.

Aircraft Communication System Market in North America demand is driven by high passenger density, advanced technology and high military spending.

Aircraft Communication System Market size will undergo noticeable growth owing to increasing demand of aircrafts for commercial and military applications. Growing numbers of passengers & frequent air travelers are key factor propelling the demand of new passenger carriers.

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Technological advancement in communication and navigational support devices will fuel the product demand. Moreover, increasing electronic systems in airplane will support the industry growth.

Increasing need for operation efficiency and flight safety drives demand for better communication system. Reliable communication essential for better operation to reduce delay time and achieve customer satisfaction will drive the demand for aircraft communication system market during the forecast period. Airlines replacing aging fleet with modern, fuel efficient airplanes will propel aircraft communication system market.

Aircraft communication system with several electronic components increases the complexity of operation. Complex system and operational vulnerability associated with electronic components will limit the industry growth. Moreover, limited availability of radio spectrum may also hamper the demand.

Based on product, aircraft communication system market is categorized as satellite communication (SATCOM), high frequency communication (HF), very high frequency communication (VHF), ultra high frequency communication, data link communication. SATCOM will exhibit significant growth rate owing to reliable communication through satellite. VHF segment demand will be supported by long range communication requirements. Also, better signal quality and reduced effect of atmospheric conditions for high frequency will stimulate the industry demand.

Based on component, the market is divided in to antenna, transponder, receiver, transmitter, transceiver, and display & processor. Transponder will dominate the overall market owing to increasing usage in various airplanes for effective traffic control. Multi-functional transponders such as wider frequency transponders also provide distance measurement will support the segment growth. Demand for high technology product will increase revenue from transmitter & receivers used in aircraft communication systems.

Based on distribution channel, the industry consists of original equipment manufacturers (OEMs) and aftermarket. OEM contributes highest to the overall revenue and is expected to account for maximum share during the forecast period. Aircraft communication systems are installed prior to plane delivery to airlines and installation is done by OEMs.

Based on aircraft, the market is categorized in to commercial and military aircraft. Rise in intra-regional air routes and affordable flight fares increase the air traffic globally. Increasing demand for low cost carriers (LCC) across the globe will stimulate the demand for cost effective, efficient communication systems. Increasing defense spending in fleet upgradation in major countries will support the industry growth in military segment.

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Companies operating in aircraft communication system market are Iridium, L3, Lockheed Martin, Northrop Grumman, Honeywell, Harris, Cob ham, United technology corporation, Raytheon, Rockwell Collins and Honeywell. Companies focus on new product development and increasing system efficiency to increase their revenue. OEMs look for long term contracts with airlines and works on customer satisfaction for business growth.

Aircraft Communication System Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Spain, Italy, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2017 – 2024

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