Connected Aircraft Market Top Manufacturers Analysis, Size Report and Growth Forecast to 2027

September 25, 2020
Mohitinc

Connected Aircraft Market will exhibit a CAGR of 18.8% and reach 10,101.1 million by 2026, and the market value as per 2018 was USD 2,250.2 million.

Fortune   Business Insights™ in a recently published report, titled, “Connected Aircraft Market Size, Share & Industry Analysis, By Type (Systems and Solutions), Connectivity (Inflight, Air to Air, and Air to Ground Connectivity), Application (Commercial and Military), Frequency Band (Ka-Band, Ku-Band, and L-Band) and Regional Forecasts, 2018-2026.”

Connected Aircraft Market Drivers and Restraint :

The connectivity offered by (IoT) in industrial application for machine control & production through satellites is projected to boost the market during the forecast period. Industrial applications for IoT based devices are exchanging real time data to the processing units, that help to enhance the machine control and production operation in the manufacturing industry. IoT devices use satellite connectivity to transmit & exchange real time data between the IoT systems and components in the manufacturing process. Earlier, data exchange between the machine control & production was dependent on terrestrial GSM networks, which is now getting replaced by the satellite connectivity. Satellite technology proves as a key enabler to transform IoT connectivity across manufacturing industries and process automation.

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List of Significant Manufacturers Connected Aircraft Market are:

  • Global Eagle Entertainment
  • Viasat
  • BAE Systems
  • Panasonic Avionics
  • Gogo
  • Kontron
  • Zodiac Aerospace
  • Collins Aerospace
  • Inmarsat
  • Thales Group
  • Honeywell International

 

Regional Analysis-

Growing Preference for Digitization of Processes to Energize the Market

  • One of the leading connected aircraft market trends is the rapid adoption of digital technologies in the aviation industry. Airlines are aggressively digitizing their services and processes to make fleet management more efficient and economical. For instance, digitization has allowed airliners to provide ground control systems real-time data, enabling them to better monitor aircraft health. Furthermore, predictive analytics have streamlined maintenance schedules for aircraft carriers. Lastly, the greatest beneficiaries of digitization are the passengers who now have access to in-flight internet and other modes of entertainment, enhancing their overall in-flight experience. Besides this, digitization can also aid in monitoring threats through real-time data collection and analysis, empowering government agencies to take preventive action.

Browse Complete Summary of research Report: https://www.fortunebusinessinsights.com/industry-reports/connected-aircraft-market-101954

Robust Aviation Industry to Drive the Market in North America

The market size in North America was at USD 969.1 million in 2018 and the region is expected to dominate the connected aircraft market share in the forthcoming years. The main factors for its dominance include a robust aviation industry, rising number of aircraft deliveries, and presence of aviation giants such as Boeing and Bombardier in the region.

 

 

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