Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

Connected Aircraft Market Growing Demand to Impact Revenue Share by 2027

Author: Sandeep Roy
by Sandeep Roy
Posted: Jul 14, 2019

The report "Connected Aircraft Market by Type (Systems, Solutions), Application (Commercial, Military), Connectivity (Inflight, Air-to-Air, and Air-to-Ground Connectivity), Frequency Band (KA-Band, KU-Band, L-Band), and Region - Global Forecast to 2027 ", is projected to grow from USD 3 billion in 2017 to USD 16 billion by 2027, at a CAGR of 17% during the forecast period. The rise in the number of aircraft deliveries, operational efficiency, upgradation of existing aircraft fleet, and need for passenger and airline safety are other factors driving the connected aircraft market.

Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=263508082

Based on type, the solutions segment is expected to grow at a higher rate during the forecast period.

The solutions segment is expected to grow at a higher rate during the forecast period. This growth is attributed to an increase the increase in demand for high-speed connectivity for internet access from passengers.

Based on application, the commercial segment of the connected aircraft market is projected to grow at a higher CAGR from 2017 to 2027

Based on application, the commercial segment is projected to grow at a higher CAGR during the forecast period. Increasing aircraft orders from emerging countries, such as China and India is driving the commercial segment.

Based on connectivity, the inflight connectivity segment of the connected aircraft market is projected to grow at the highest CAGR from 2017 to 2027.

Based on connectivity, the inflight connectivity segment of the connected aircraft market is projected to grow at the highest CAGR during the forecast period. The increasing demand for high-speed connectivity in commercial aircraft and increasing emphasis on passenger experience during air travel are factors contributing to the growth of inflight connectivity segment.

Asia Pacific is expected to be the fastest-growing market for connected aircraft during the forecast period.

Asia Pacific is expected to be the fastest-growing market for connected aircraft during the forecast period. The growth can be attributed to an increase in air passenger traffic in emerging countries, such as India and China and rise in the number of commercial aircraft manufacturers in the region.

Key Market Players:

Major players operating in the connected aircraft market include Gogo (US), Honeywell (US), Panasonic Avionics (US), Global Eagle Entertainment (US), and Inmarsat (UK). Key players offer various connected aircraft solutions and systems. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, and Asia Pacific.

Ask for Sample Report @

https://www.marketsandmarkets.com/requestsampleNew.asp?id=263508082

Study Coverage

This report segments the connected aircraft market based on type, application, connectivity, frequency band, and region. Based on type, the market is segmented into systems and solutions. Based on application, the market is segmented into commercial and military. Based on connectivity, the market is segmented into inflight connectivity, air-to-air connectivity, and air-to-ground connectivity. Based on frequency band, the market is segmented into Ka-band, Ku-band, and L-band. Based on region, the connected aircraft market is segmented into North America, Europe, Asia Pacific, the Middle East, and Rest of the World.

Don’t miss out on business opportunities in Connected Aircraft Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: Newsletter@marketsandmarkets.com

About the Author

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

Rate this Article
Leave a Comment
Author Thumbnail
I Agree:
Comment 
Pictures
Author: Sandeep Roy

Sandeep Roy

Member since: Nov 26, 2018
Published articles: 343

Related Articles