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Asia Pacific accounted for the fastest growing region in the aircraft communication system market. This is attributed to the increasing commercial aircraft deliveries and proliferating air passenger traffic in countries including China, Japan, and India. For instance, according to the IATA, Asia Pacific will account for over half of the air passenger traffic from 2015 to 2035.Increasing aircraft delivery coupled with shifting consumer preference for air travel across the globe is leading to rising demand for aircraft communication systems. According to the Center for Aviation, in 2017, around 1,740 aircraft were delivered across the globe accounting for an increase of 1.5% compared to 2016. Further, proliferating international & regional tourism significantly contributed toward the industry expansion over the study timeframe.
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Proliferating military sector due to rising defense budget is enhancing the military aircraft demand. The requirement for improved and highly precise navigation systems in military aircraft for operations across multiple locations including cross boundaries is expanding the aircraft communication system market share over the forecast timeframe. The connected communication system in aircraft provides centralized access to electronic devices, enhancing the installation of these systems in aircraft.
The rising requirements for aircraft communication systems during emergencies and rescue operations are positively influencing the aircraft communication system market over the study timeframe. These systems are transforming into satellite-based navigation system from ground-based surveillance systems on account of efficient use for the aerospace industry.
Manufacturers are continuously investing in R&D for developing advanced technologies for improving their aircraft communication systems. The increasing adoption of VHF radio system, wireless communication technologies, and 4D trajectory to control air traffic supports in offering improved communications to the aircraft, thereby expanding the market share over the projected timeline.
Mandatory government policies regarding environment and installation of effective communication systems in aircraft are enabling industry players to innovate lightweight communication systems for lower system weight and to reduce greenhouse gas emissions. Additionally, the replacement of aging systems and stringent MRO requirements further escalates the market over the study timeframe.
SATCOM systems accounted for a significant volume share in the aircraft communication system market owing to efficient earth-based information flow to aircraft located anywhere across the globe. It is associated with the Aircraft Earth Station (AES), Ground Earth Station (GES), and satellites that facilitate the efficient use of telecommunication devices for aircraft and weather monitoring. In addition, it provides data and voice communication systems for governments and military platforms, further augmenting the aircraft communication system market growth.
A transponder will register considerable growth on account of increasing demand for transponders to communicate with different types of aircraft including commercial aircraft, spacecraft, and military aircraft. It ensures effective air safety and air traffic control. It also enables in exchanging data air to air between Traffic Collision Avoidance System (TCAS) equipped aircraft to issue complementary resolution advisories. Barometric altitude identification and exact location determination by transponder are some of the major factors propelling the aircraft communication system market growth.
Helicopters accounted for a significant volume share during the forecast period with increasing commercial helicopter utilization and development of antennas with high electrical performance and lower weight. Prominent players, such as Cobham plc and Honeywell International, Inc., are providing helicopter communication system such as transponder antennas. Further, satellite communication systems in helicopters allow critical communication flow between the ground and aircraft that convert helicopters into an information hub, thereby escalating the aircraft communication system market expansion.
Aftermarket will witness healthy growth on account of the increasing requirement to enhance and maintain the aircraft communication systems by upgrading damaged components such as transponders, transceivers, and antennas. Additionally, stringent MRO regulation enables annual maintenance of the aircraft, thereby expanding the segment growth over the study timeframe.
The major players in the aircraft communication system market are Viasat, Honeywell, Ducommun Incorporated, Rockwell Collins, Harris, Thales, UTC, Northrop Grumman, Raytheon, and Cobham. The industry participants are developing advanced communication systems that will provide data and voice connectivity access to aircraft passengers and flight crews. For instance, in April 2018, Honeywell launched its latest satellite communications system that will offer cockpit safety services to pilots and improved data connectivity.
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Table Of Content:
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Aircraft Communication System Industry Insights
Chapter 4 Aircraft Communication Systems Market, By Product
Chapter 5 Aircraft Communication Systems Market, By Component
Chapter 6 Aircraft Communication Systems Market, By Aircraft
Chapter 7 Aircraft Communication Systems Market, By Distribution Channel
Chapter 8 Aircraft Communication Systems Market, By Region
Chapter 9 Company Profiles
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Related report:
Aircraft Communication System Market to 2025 - Global Analysis and Forecasts by Type (VHF/UHF/HF Radios, Data Links, and SATCOM); Components (Antennas, Transponders, Transceivers, and Displays & Processors); & Aircraft Type (Commercial Aircrafts & Military Aircrafts)
The aircraft communication systems equipment market is estimated to generate revenue of US$ 15,375.1 Mn by 2025, as compared to US$ 7112.0 Mn 2016, escalating at a CAGR of 9.4% during the forecast period from 2017 to 2025. The growth of market for aircraft communication systems is majorly driven by the notable growth in air travel across the globe. The growth in air travel has increased significantly over the years due to increase in disposable income among the middle class society and upper middle class society worldwide.
https://www.marketstudyreport.com/reports/aircraft-communication-system-market-to-2025-global-analysis?utm_source=MarketersMedia&utm_medium=MM
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