Global connected aircraft solutions industry overview
The use of IP networks and broadband in connected aircraft allow real-time data capture and high-speed data transmission. This enables maintenance personnel can also easily monitor the health of critical avionics, electronic systems, and aircraft components in connected aircraft. Moreover, the availability of real-time data facilitates the planning of maintenance schedules and predictive maintenance of all the aircraft in the fleet. Connected aircraft also allow ground-based operational teams to monitor flight performance in different conditions. Benefits such as real-time monitoring provided by high-speed ground connectivity will have a positive impact on the growth of the connected aircraft solutions market.
Aircraft operators are focusing on improving the overall customer experience by providing inflight connectivity to passengers. Communication satellite services such as Intelsat, Inmarsat, and Viasat are also offering high bandwidth satellites which allow passengers to access more data. This initiative by aircraft operators to deliver a personalized experience to customers will help them build brand loyalty and improve customer satisfaction. This focus on enhancing overall passenger inflight experience will boost the demand for connected aircraft solutions and drive market growth at a CAGR of almost 15% during the forecast period.
Top connected aircraft solutions companies covered in this market research report
The global connected aircraft solutions market is moderately fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this connected aircraft solutions market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.
The report offers a detailed analysis of several leading companies, including:
Honeywell International Inc.
Connected aircraft solutions market segmentation based on end-users
The civil aviation segment will account for the highest connected aircraft solutions market share because of the growing demand for inflight connectivity among people in different regions and countries. This report provides an accurate prediction of the contribution of all the segments to the growth of the connected aircraft solutions market size.
Connected aircraft solutions market segmentation based on geographic region
With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest connected aircraft solutions market share throughout the forecast period. The presence of a large number of commercial aircraft manufacturers and airlines will boost connected aircraft solutions market growth in this region.
Key highlights of the global connected aircraft solutions market for the forecast years 2019-2023:
CAGR of the market during the forecast period 2019-2023
Detailed information on factors that will accelerate the growth of the connected aircraft solutions market during the next five years
Precise estimation of the global connected aircraft solutions market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the connected aircraft solutions industry across APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details of factors that will challenge the growth of connected aircraft solutions companies
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