Connected Aircraft Market Key Players by 2024: Honeywell International, Panasonic Corporation, SITA OnAir, Thales SA, Kontron AG, Inmarsat plc, Gogo

(I-TravelNewswire.Com, August 10, 2018 ) Market Overview: -

Connected Aircraft Market size is projected to grow substantially during the forecast time frame owing to the increasing number of air passengers and a high demand for in-flight high-speed Internet connectivity by the passengers. Connected aircraft systems provide in-flight entertainment to air passengers with the provision of high-quality audio, video, games, flight details, music, movies, radio, and news. They also assist in providing flight safety instructions in regional languages. Passengers can directly get connected to broadcast satellite and have access to international news and GPS maps; this is expected to drive the global the connected aircraft market.

To capture real-time information, data-centric architectures are integrated into modern aircraft. Aircraft operates as a node to capture gigabytes of data from take-off to landing, which assists in improving the safety and efficiency of the flight, thus augmenting the Connected Aircraft Market demand. Data sharing with other aircraft and ground-based operational teams can aid in the transmission of critical data and boost the safety in times of crises. On-board infotainment services and live telecast of news and sports events for entertainment purposes are projected to be high.

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Top Key Players: -

The players operating in the connected aircraft market include Honeywell International, Inc., Panasonic Corporation, SITA OnAir, Thales SA, Kontron AG, Inmarsat plc, Gogo, Inc., Global Eagle Entertainment, Inc., Cobham plc, IBM, Google, Spafax, Apple, and Microsoft.

Market share calculation in this report is not done based on companies covered in it. The calculation of connected aircraft market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

The U.S. is anticipated to dominate the connected aircraft market owing to the growth in the demand from passengers for in-flight internet access owing to technological advancements and high usage of advanced technology. Asia Pacific is anticipated to witness the largest growth rate during the forecast time span owing to rising urbanization and increase in the disposable income, high travel rate of passengers, and rising popularity of personal electronic devices amongst the population.

Additionally, a substantial number of industry players are investing huge funds in business airlines in this region. The rise in the adoption of hardware for aircraft connectivity augments the connected aircraft market growth.

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Technological innovations in satellite communication have created new avenues for connected aircraft market. For instance, the increase in bandwidth has led to a surge in internet connectivity speed. Connected aircraft systems enable the transmission of real-time data from ground-based operating systems, which assist in providing critical information regarding management, display, and management of multiple systems operating in the avionics systems of the aircraft in case of an emergency.

The shift from seat-centric entertainment systems to portable entertainment devices, which are lightweight and are technologically-friendly acts as a major opportunity for the connected aircraft market. Rising prevalence of satellite-based connectivity and broadband services allows aircraft operators and airlines to collect data regarding the health monitoring of the new generation IFC aircraft and fuel consumption, thus improving the flight efficiency. The use of big data and real-time analytics for predictive maintenance also is a major trend for the connected aircraft market progress. Furthermore, the launch of new HTS satellite connectivity is expected to alter the face of the airline industry as it shifts from passenger-centric connectivity solutions to operation-driven IFC solutions.

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