Connected Aircraft Market to offer a healthy CAGR of 19.2% during 2020-25
February 11, 2020
Connected Aircraft Market Overview:
Connected Aircraft Market is likely to witness an impressive CAGR of 19.2% during the forecast period. This unprecedented growth is owing to the rising demand for functional efficiency, snowballing aircraft deliveries, and the growing need to upgrade the prevalent connectivity systems across the globe.
Report Overview:
This new report from Stratview Research analyses the Connected Aircraft Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
Get a free sample of the report here:
https://www.stratviewresearch.com/Request-Sample/714/connected-aircraft-market.html
Connected Aircraft Market Segment Insights:
Dominance Of: Solution
Based on the type, the market is segmented as systems and solutions. The solutions segment was estimated to remain dominant in 2018, and is anticipated to continue its dominance in the coming five years. This growth is owing to the rising air passenger traffic and the escalating demand for inflight connectivity which are the factors boosting the growth of this segment.
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/714/connected-aircraft-market.html
Dominance of: Commercial and In-flight connectivity
Based on the application type, the market is segmented as commercial and military. The commercial segment is expected to grow at a higher rate, driven by the growing aircraft orders from the Asia-Pacific and the Middle Eastern countries.
Based on the connectivity type, the market is segmented as inflight connectivity, air-to-ground connectivity, and aircraft-to-aircraft connectivity. The rising claim for inflight entertainment and passenger connectivity is the major growth driver of the inflight connectivity segment during the forecast.
A highly/moderately/fragment consolidated Market
Some of the major players in the connected aircraft market are Bae Systems Plc, Cobham Plc, Gogo Inc., Honeywell International Inc., Inmarsat Plc, Kontron AG, Thales Group, Panasonic Avionics Corporation, and Rockwell Collins.
Regional Hegemony of North America & the dominance of Ku-Band
In terms of regions, North America dominated the connected aircraft market in 2018, and is expected to continue its dominance during the forecast period. There are global giant commercial aircraft manufacturers and airlines in the North American region, such as Boeing (US), American Airlines (US), United Airlines (US) and Bombardier (Canada), which create a huge demand for connected aircraft products in the coming five years. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
Based on the frequency type, the market is segmented as Ka-band, Ku-band, and L-band. The Ku-band segment is estimated to depict the highest growth rate owing to its capability to transmit high-speed data, during the forecast period.
Click here for other high value market reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176