Aircraft Communication System Market Opportunities & Prominent Trends 2021-2025

Aircraft Communication System Market Opportunities & Prominent Trends 2021-2025

The aircraft communication system market research study is a detailed document that presents a gist of the global industry space in terms of numerous parameters. Some of these falls along the likes of the industry insights, growth drivers, industry segmentation, and trends worldwide. Also included in the research report is information pertaining to the companies partaking in the market share and the information pertaining to the regulatory norms that impact the commercialization landscape of this vertical.

The aircraft communication system market is expected to witness a promising rate of growth over the coming time period owing to the shifting consumer preference for air travel and surging induction of new aircrafts by airlines in their fleets. Additionally, with vaccination drives going on at full speed across developed economies, consumer inclination is steadily returning towards regional and international tourism, providing the industry another support system.

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With respect to product, the SATCOM systems segment accounted for a substantial volume share of the overall market and will continue to dominate the industry. This segment’s upcoming growth can be chalked up to these systems’ ability to ensure efficient earth-based data flow to aircraft located anyplace across the world.

It is linked with the GES, AES, as well as satellites that enable the efficient use of telecommunication devices for weather and aircraft monitoring. Subsequently, it also provides voice and data communication systems for military and government platforms, which ensures the segment’s dominant performance.

Major corporations are increasingly focusing on enhancing their market share by adopting various inorganic growth strategies such as partnerships, collaborations, and acquisitions as well as mergers. Citing an instance, in May 2021, SKYTRAC Systems Ltd., announced that its newly introduced IMS-350 SATCOM terminal has been chosen by Nordic Unmanned for installation on a Staaker BG-200 UAV.

This would enable command and control (C2) capabilities for the UAV during logistical operations, LiDAR scanning flight operations, photogrammetry, and mapping. With this, Nordic’s Staaker BG-200 would gain live video streaming as well as mission control updates for BVLOS operations from anywhere in the globe with the help of SKYTRAC’s Iridium Certus connectivity solution.

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On the geographical front, the APAC represents one of the rapidly expanding regions in the aircraft communication system market. The growth is majorly accredited to the increasing number of aircraft deliveries, fueled by increasing air passenger traffic in APAC countries, including India, Japan, and China. As per the IATA, APAC is expected to account for over half of the air passenger traffic between 2015 to 2035.

Cobham, Thales, Raytheon, Honeywell, Rockwell Collins, UTC, Viasat, Rockwell Collins, Northrop Grumman, Harris, and Ducommun Incorporated among others are some of the key players operating in the aircraft communication system market.

Major Key Points from Table of Content:

Chapter 7 Aircraft Communication System Market, By Distribution Channel

7.1 Global aircraft communication system market share by distribution channel, 2018 & 2025

7.2 OEM

7.2.1 Market estimates and forecast, 2013 – 2025, (USD Million)

7.2.2 Market estimates and forecast, by region, 2013 – 2025, (USD Million)

7.3 Aftermarket

7.3.1 Market estimates and forecast, 2013 – 2025, (USD Million)

7.3.2 Market estimates and forecast, by region, 2013 – 2025, (USD Million)

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