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(I-TravelNewswire.Com, May 29, 2018 ) The aircraft communication systems market is estimated to grow at a CAGR of 9.4% during the forecast period from 2017 to 2025. The market was valued at US$ 7112.0 Mn and is calculated to reach US$ 15,375.1 Mn by 2025.
Currently, the global aircraft communication system is witnessing a substantial growth, and is projected to rise in the coming years. The market for aircraft communication system is a highly fragmented market, with large to medium sized enterprises operating in the field. These established companies invest significant amount in their research and development wings in order to develop and manufacture technologically advanced communication systems for commercial aircrafts as well as military aircrafts. The aircraft manufacturers on the other hand, are procuring advanced technologies in order to equip their airplanes with the latest technology and meet the demand of control towers as well as customers. This factor is influencing the growth of market for aircraft communication system heavily.
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In our study, we have segmented the aircraft communication systems market by types, components and aircraft types. The various types of communication systems installed on aircrafts include VHF/UHF/HF radios, data links, and SATCOM. On basis of components, the market for aircraft communication systems is segmented as antenna, transponder, transceiver, and display & processors. The aircraft types taken under consideration while formulating the report include commercial aircrafts and military aircrafts. Geographically, the market for aircraft communication systems is categorized into five strategic regions namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America (SAM)
The aircraft communication systems facilitate in providing interaction opportunity to the airborne pilot and the ground station controller, and also among two airborne pilots. 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. Moreover, reduction in travel time and increase in comfortability are also acting as growth factors for commercial aviation as well as military aviation. This is leading the aircraft manufacturers to procure more aircraft components such as communication systems, navigation systems and surveillance systems among others in order to meet the rising demand for aircraft deliveries. The global market for aircraft communication system is poised to grow over the period with technological advancements being conducted by various industry participants in order to design and develop most advanced communication systems.
The List of Companies:
1. Cobham Plc 2. Honeywell International Inc. 3. Harris Corporation 4. General Dynamics Corporation 5. L-3 Technologies Inc. 6. Northrop Grumman Corporation 7. Thales Group 8. Raytheon Company 9. Rockwell Collins 10. Viasat Inc.
1.1 List of Tables 9 1.2 List of Figures 10 2 Introduction 13 2.1 Scope of the Study 13 2.2 The Insight Partners Research Report Guidance 13 3 Key Takeaways 15 4 4. Market Landscape 17 4.1 Market Overview 17 4.2 Market Segmentation 18 4.3 Global Aircraft Communication Systems Market By Type 19 4.4 Global Aircraft Communicaton Systems Market By Component 19 4.5 Global Aircraft Communication Systems Market By Aircraft Type 20 4.6 Global Aircraft Communication Systems Market By Geography 20 4.7 Porters Five Forces 21 4.7.1 Bargaining Power of Buyers 21 4.7.2 Bargaining Power of Suppliers 22 4.7.3 Threats to Substitutes 22 4.7.4 Threats to New Entrants 22 4.7.5 Competitive Rivalry 23 5 Global Aircraft Communication Systems Market Key Market Dynamics 24 5.1 Key Market Drivers 24 5.1.1 Significant Rise in Demand for Aircraft Deliveries 24 5.1.2 Surging Investments in Avionics 25 5.1.3 Increasing Aircraft Modernization Programs 25 5.2 Key Market Restraints 27 5.2.1 High Cost of the Advanced Communication Systems 27 5.3 Key Market Opporunities 28 5.3.1 Demand for Enhanced Satellite Based Communication and Navigation Systems 28 5.4 Future Trends 29 5.4.1 Technological Advancement and Governmental Initiatives are Anticipated to Influence the Growth of Aircraft Communication Systems 29 5.5 Impact Analysis of Drivers and Restraints 30 6 Aircraft Communication Systems Market Global 31 6.1 Global Aircraft Communication Systems Market Overview 31 6.2 Global Aircraft Communication Systems Market Forecast and Analysis 33 7 Global Aircraft Communication Systems Market Analysis By Type 34 7.1 Overview 34 7.2 VHF/UHF/HF Radio 35 7.2.1 Overview 35 7.2.2 Global VHF/UHF/HF Radio Market Revenue and Forecasts to 2025 (US$ Mn) 35 7.3 Data Links 36 7.3.1 Overview 36 7.3.2 Global Data Links Market Revenue and Forecasts to 2025 (US$ Mn) 37 7.4 SATCOM 38 7.4.1 Overview 38 7.4.2 Global SATCOM Market Revenue and Forecasts to 2025 (US$ Mn) 38 8 Global Aircraft Communication Systems Market Analysis By Components 40 8.1 Overview 40 8.2 Antenna 41 8.2.1 Overview 41 8.2.2 Global Antenna Market Revenue and Forecasts to 2025 (US$ Mn) 41 8.3 Transponders 42 8.3.1 Overview 42 8.3.2 Global Transponders Market Revenue and Forecasts to 2025 (US$ Mn) 42 8.4 Transceivers 43 8.4.1 Overview 43 8.4.2 Global Transceivers Market Revenue and Forecasts to 2025 (US$ Mn) 43 8.6 Displays & Processors 44 8.6.1 Overview 44 8.6.2 Global Display & Processors Market Revenue and Forecasts to 2025 (US$ Mn) 44 9 Global Aircraft Communication Systems Market Analysis By Aircraft type 45 9.1 Overview 45 9.2 Commercial 46 9.2.1 Overview 46 9.2.2 Global Commercial Market Revenue and Forecasts to 2025 (US$ Mn) 46
Inquire For Reports At:- http://www.theinsightpartners.com/inquiry/TIPTE100000793?source=MD
The Insight Partners
Sameer Joshi
+91 9666111581
sam@theinsightpartners.com
Source: EmailWire.Com
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