Travel Newswire Press Release Distribution Services
Travel News & Press Release Distribution Services
About Us | Contact Us

 

 
Home | Travel News | Submit Press Release | Submit Travel RSS Feed
Unlimited Press Release Distribution
Press release distribution service

Travel News Media

ABC Travel News
Asia Travel Tips
AllAfrica
BBC Travel
Breaking Travel News
Business Travel News
Frugal Travel
Luxury Travel Magazine
U.S. Travel News
Submit press release to this complete Travel media list.

View my Flipboard Magazine.
Travel News Releases


In-flight Entertainment & Connectivity (IFEC) Market worth $11 billion by 2027

 



(I-TravelNewswire.Com, October 05, 2021 ) The report "In-flight Entertainment & Connectivity Market by End User (OEM, Aftermarket), Aircraft Type (NBA, WBA, VLA, Business Jets), Product (IFE Hardware, IFE Connectivity, IFE Content), and Region - Global Forecast to 2027", is estimated to be USD 5 billion in 2018 and is projected to reach USD 11 billion by 2027, at a CAGR of 9% from 2018 to 2027. The need to enhance the passenger experience, technological developments, and an increase in aircraft deliveries are factors expected to drive the market.



Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=860



The OEM segment of the in-flight entertainment & connectivity market is expected to grow at a higher CAGR during the forecast period

The OEM segment is expected to grow at a higher CAGR during the forecast period, as compared to the aftermarket segment. OEM refers to the installation of equipment during the manufacturing of a new aircraft. Leading airlines are focused on the installation of new IFEC systems. The installation of IFEC systems primarily depends on the number of aircraft manufactured in a year. Commercial aircraft manufacturers such as Airbus and Boeing are currently focused on the installation of advanced in-flight entertainment systems, which are currently in the production phase.



The Narrow-body Aircraft (NBA) segment is expected to grow at the highest CAGR during the forecast period

Based on aircraft type, the narrow-body aircraft segment of the in-flight entertainment & connectivity market is projected to grow at the highest CAGR during the forecast period. The growth of the narrow-body aircraft segment can be attributed to an increase in narrow-body aircraft deliveries worldwide. Airlines are presently replacing the older fleet of narrow-body aircraft with the introduction of latest aircraft, such as the A320neo and the 737 Max. They are also focused on the procurement of the next-generation narrow-body aircraft to improve profitability.



The IFE content segment is expected to grow at the highest CAGR during the forecast period

Based on product, the IFE content segment of the in-flight entertainment & connectivity market is projected to grow at the highest CAGR from 2018 to 2027. The growth of this segment can be attributed to the increasing use of onboard WI-FI service by passengers for web browsing, content streaming, SMS, e-mail, destination information, concierge services, and other airline information during air travel.



The IFEC market in Asia Pacific is projected to grow at the highest CAGR during the forecast period

The in-flight entertainment & connectivity market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period, owing to the increasing aircraft deliveries and rising passenger traffic in this region. China is expected to be the major market in the region, owing to the reforms in their regulations and policies, innovative business models, and the development of aircraft with new technologies.



Key players in the in-flight entertainment & connectivity market include Panasonic Avionics (US), Thales Group (France), Rockwell Collins, Inc. (US), Gogo LLC (US), Honeywell International, Inc. (US), and Zodiac Aerospace (France).



Study Coverage



This report segments the IFEC market based on aircraft type, end user, product and region. Based on aircraft type, the market has been segmented into narrow body aircraft, wide body aircraft, very large aircraft, and business jets. Based on end use, the market has been segmented into OEM, aftermarket. Based on product, the market has been segmented into hardware, connectivity and content. The IFEC market is estimated to grow at a CAGR of 9% during the forecast period.



Ask for Sample Report @

https://www.marketsandmarkets.com/requestsampleNew.asp?id=860



About MarketsandMarkets™



MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.



MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

MarketsandMarkets™

Mr. Aashish Mehra

1-888-600-6441

sales@marketsandmarkets.com

Source: EmailWire.Com


Travel News by Sector
  • Airlines
  • Car Rental
  • Cruises
  • Destinations
  • Flights
  • Hotels
  • Rail
  • Travel Agents
  • Technology
  • Tour Operators
  • 
    	
    	
    
    
    
    
    
    
    
    Travel RSS Marketpalce

    Free Meeting & Travel Magazines
    Get free travel publications including magazines, white papers and downloads on meetings, trade shows, business travel.
    Submit RSS News Feed.
    Have your feed on news, products or services displayed under this marketpalce. The feed also displayed on a full page and updated daily. Add RSS feed Now!


    Press release distribution services: Submit press release to major media. Unlimited press release service

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.

    i-TravelNewsWire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © 2013 GroupWeb Media LLC. All Rights Reserved.


    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    i-TravelNewsWire.Com - Newswire and Press Release service of GroupWeb Media LLC