Some of the key findings from our connected aircraft solutions market forecast report are summarized below
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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:
- GOGO LLC.
- Honeywell International Inc.
- Inmarsat plc.
- Panasonic Corporation
- Thales Group
Connected aircraft solutions market segmentation based on end-users
- Civil aviation
- Military aviation
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
- APAC
- Europe
- MEA
- North America
- South America
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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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY END-USER
- Market segmentation by end-user
- Comparison by end-user
- Civil aviation - Market size and forecast 2018-2023
- Military aviation - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
Continuous development of new connected aircraft solutions
Real-time monitoring of connected aircraft using ground connectivity
Advent of new features in connected aircraft
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- GOGO LLC.
- Honeywell International Inc.
- Inmarsat plc.
- Panasonic Corporation
- Thales Group
PART 14: APPENDIX
- Research methodology
- List of abbreviations
PART 15: EXPLORE TECHNAVIO