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2022
Global Connected Aircraft Solutions Market

Global Connected Aircraft Solutions Market by Application (Commercial Aviation, and Military Aviation), Type (System, and Solution), Connectivity (In-Flight Connectivity, Air-Air Connectivity, and Air-Ground Connectivity), End User (Large Aircraft, Medium Aircraft, and Small Air Plane)- Global Opportunity Analysis and Industry Forecast, 2020-2030.

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Jan 2022 | 147 Views
   
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COVID-19

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Connected aircraft solutions help airlines to accomplish the above with the help of the antenna, satellite communication systems, data gateways and airtime services. More importantly, these solutions enable airlines to reduce costs and provide ease of ownership for owners and operators. The connected aircraft is changing the way people communicate aboard and with an aircraft. The incredible amount of data generated during a flight is changing the way aircrafts operate from take-off to landing. Connected aircrafts not only enhance the comfort and productivity in the cabin, but also improve the safety and efficiency in the cockpit and maintainability on the ground; while delivering more comfortable, efficient and safer experience for passengers.

Market scope and structured analysis:

Report Metric

Details

  Market size available for years

  2020-2030

  Base year considered

  2020

  Forecast period

 2021-2030

  Forecast units

  Value(USD)

 Segment covered

  Application, Type, Connectivity, End-user and Region

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)

  Companies covered

GOGO LLC., Honeywell International Inc., Inmarsat plc., Panasonic Corporation, Thales Group, Viasat, Eagle entertainment Inc, Raytheon Inc, Collins aerospace.

 

COVID-19 impact analysis

Due to the outbreak of covid-19, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global adverse impacts of the Covid-19 have significantly affected the connected aircraft solutions market. The outbreak of COVID-19 virus has brought effects on many aspects, like flight cancellations; travel bans and quarantines, restaurants closed, all indoor/outdoor events restricted, over forty countries state of emergency declared, massive slowing of the supply chain, stock market volatility, falling business confidence, growing panic among the population, and uncertainty about future.

Top impacting factor

  • Increase in need for operational efficiency in aircrafts, increase in aircraft deliveries, and development of new aircraft to increase demand for connected technology are the major factors drives the growth of the connected aircraft solution market.
  • Cybersecurity issues, and existing backlog of aircraft deliveries are the restraints that hindered the growth of the connected aircraft solution market.
  • Focus on reducing maintenance time, and rise in demand for modernization of existing connectivity systems in aircraft are the major factors offering an opportunity for the growth of connected aircraft solution market.

Increase in aircraft deliveries 

New aircraft orders are increasing owing to the rising air passenger travels. The rapid urbanization and increased disposable incomes of individuals have further created a high demand for air travel. Thus, the passenger traffic is increasing.

The rising aircraft deliveries are anticipated to fuel the growth of the connected aircraft solutions market. The increasing procurement of the next generation aircraft integrated with improved inflight entertainment and connectivity services, such as aircraft health monitoring systems, real-time weather information, and flight management systems for passengers is expected to be the key market drivers. For instance, TAP air Portugal signed an agreement with Panasonic avionics corporation TAP air Portugal to offer inflight entertainment and connectivity solutions for the airline’s new fleet of 14 A321neo LR aircraft. 

Rise in demand for modernization of existing connectivity systems in aircraft

The increasing operational efficiency requirements has created a huge demand to replace conventional data optimization and data connection systems with more efficient systems. They include aircraft equipped with aircraft interface device (AID) and wireless electronic flight bag (EFB). At the same time, the rising demand for high-speed internet connectivity from passengers is leading airlines to adopt satellite (SATCOM) and broadband connectivity solutions. For instance, major airlines such as Qatar airways invested in providing a better in-flight experience for their passengers by adopting the Ku-band high-speed connectivity solution that provides access to live television on 70 airplanes of the airline. 

Key segments covered

Segments

Subsegments

  Application

  • Commercial aviation
  • Military aviation

Type

  • System 
  • Solution

  Connectivity

  • In-flight connectivity
  • Air-Air connectivity
  • Air-Ground connectivity

 End-user

  • Large aircraft
  • Medium aircraft
  • Small air plane

  Regions

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

 

Key Benefits of the Report

  • This study presents the analytical depiction of the connected aircraft solution market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges the connected aircraft solution market.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight the market growth scenario.
  • The report provides a detailed connected aircraft solution market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the connected aircraft solution market research report:

  • Who are the leading players in the connected aircraft solution market?
  • What are the critical challenges faced by manufacturers in the connected aircraft solution market?
  • What are the market trends, driving factor and opportunities involved in this market?
  • What are the key segments covered in the connected aircraft solution market?
  • What are the projection for the future that would help in taking further strategic steps?
 
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