In-flight Entertainment Systems Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR44404
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The in-flight entertainment systems market has the potential to grow by USD 296.24 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 1.39%.

This in-flight entertainment systems market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (hardware, connectivity, and content) and geography (North America, APAC, Europe, MEA, and South America). The in-flight entertainment systems market report also offers information on several market vendors, including Burrana Pty Ltd., FDS Avionics Corp., Global Eagle Entertainment Inc., GOGO LLC, Honeywell International Inc., Inmarsat Group Ltd., Panasonic Corp., Safran SA, Thales Group, and Viasat Inc. among others.

What will the In-flight Entertainment Systems Market Size be in 2021?

In-flight-Entertainment-Systems-Market-Market-Size-2020-2025

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In-flight Entertainment Systems Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increasing air passenger traffic is notably driving the in-flight entertainment systems market growth, although factors such as privacy and cybersecurity issues may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the in-flight entertainment systems market industry get your FREE report sample now.

This in-flight entertainment systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major In-flight Entertainment Systems Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Burrana Pty Ltd.
  • FDS Avionics Corp.
  • Global Eagle Entertainment Inc.
  • GOGO LLC
  • Honeywell International Inc.
  • Inmarsat Group Ltd.
  • Panasonic Corp.
  • Safran SA
  • Thales Group
  • Viasat Inc.

 

The in-flight entertainment systems market is fragmented and the vendors are deploying growth strategies such as offering differentiated products to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the in-flight entertainment systems market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for In-flight Entertainment Systems Market?

In-flight-Entertainment-Systems-Market-Market-Share-by-Region-2020-2025

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47% of the market’s growth will originate from APAC during the forecast period. Australia is the key market for in-flight entertainment systems market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

New commercial aircraft deliveries and investments in new airport projects will facilitate the in-flight entertainment systems market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the In-flight Entertainment Systems Market?

In-flight-Entertainment-Systems-Market-Market-Share-by-Product-2020-2025

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Hardware is a crucial component that runs the connectivity and entertainment platforms, as well as acts as an interface through which a passenger can access digital communication and provides access to passengers to stream content onboard. Owing to the growing popularity of in-flight connectivity services, major aircraft manufacturers (such as Airbus, Boeing, and Bombardier) have been entering into contracts with IFEC support hardware providers to develop and supply lightweight products that consume less energy and have minimal impact on the overall weight of the aircraft. The demand for hardware has boosted the growth of the in-flight entertainment systems market.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the in-flight entertainment systems market size.

 

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What are the Key Factors Covered in this In-flight Entertainment Systems Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive in-flight entertainment systems market growth during the next five years
  • Precise estimation of the in-flight entertainment systems market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the in-flight entertainment systems industry across North America, APAC, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of in-flight entertainment systems market vendors

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In-flight Entertainment Systems Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 1%

Market growth 2021-2025

$ 296.24 million

Market structure

Fragmented

YoY growth (%)

1.15

Regional analysis

North America, APAC, Europe, MEA, and South America

Performing market contribution

APAC at 47%

Key consumer countries

US, France, Australia, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Burrana Pty Ltd., FDS Avionics Corp., GOGO LLC, Honeywell International Inc., Inmarsat Group Ltd., Panasonic Corp., Safran SA, Thales Group, Global Eagle Entertainment Inc., and Viasat Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The in-flight entertainment systems market growth will increase by $347.17 million during 2019-2024.
The in-flight entertainment systems market is expected to grow at a CAGR of 1.21% during 2019-2024.
Technavio has segmented the in-flight entertainment systems market by product (Hardware, Connectivity, and Content) and geographic (North America, APAC, Europe, MEA, and South America).
Burrana Pty Ltd., FDS Avionics Corp., Global Eagle Entertainment Inc., GOGO LLC, Honeywell International Inc., Inmarsat Group Ltd., Panasonic Corp., Safran SA, Thales Group, Viasat Inc. are a few of the key vendors in the in-flight entertainment systems market.
APAC will register the highest growth rate of 47.56% among the other regions. Therefore, the in-flight entertainment systems market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the in-flight entertainment systems market growth are:
  • Increasing air passenger traffic
  • Growing trend of BYOD aboard aircraft
The in-flight entertainment systems market vendors should focus on grabbing business opportunities from the hardware segment as it accounted for the largest market share in the base year.
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