DUBLIN--(BUSINESS WIRE)--The "Connected Aircraft - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
The Global Connected Aircraft Market is accounted for $3.15 billion in 2017 and is expected to reach $14.60 billion by 2026 growing at a CAGR of 18.5% during the forecast period.
Factors such as rising demand for operational efficiency, increasing aircraft deliveries, growing demand from the air passengers and developing demand to improve existing connectivity systems are fuelling the market growth. However, cybersecurity issues, huge in flight internet cost and substitution of traditional data connections and data optimisation are hampering the growth of the market. Increase passenger travel experience and focus on falling maintenance time provides ample opportunities to the market.
By connectivity, In flight connectivity segment is driven by rising need for huge-speed connectivity in commercial aircraft and growing importance on passenger experience through air travel. Based on application, commercial is attributed to the growing aircraft orders from developing nations, such as China and India.
Depending on geography, Asia Pacific is expected to grow at a fastest market during the forecast period owing to the rising in air passenger traffic in developing nations, such as India and China and increase in the number of commercial aircraft manufacturers in the region.
Companies Mentioned
- Honeywell International Inc.
- Thales Group
- Rockwell Collins
- Inmarsat plc
- BAE Systems plc
- Viasat Inc.
- Gogo Inc.
- Panasonic Avionics Corporation
- Global Eagle Entertainment Inc
- Zodiac Aerospace
- Kontron AG
- Cobham plc
- Digecor
- SITAOnAir
- IBM
- Spafax
- Apple Inc.
- Microsoft Corporation
Key Topics Covered:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Connected Aircraft Market, By Connectivity
6 Global Connected Aircraft Market, By Type
7 Global Connected Aircraft Market, By Application
8 Global Connected Aircraft Market, By Services
9 Global Connected Aircraft Market, By Entertainment Systems
10 Global Connected Aircraft Market, By Components
11 Global Connected Aircraft Market, By Geography
12 Key Developments
13 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/b95q2x/global_connected?w=4