LONDON--(BUSINESS WIRE)--Technavio has announced the top seven leading vendors for the inflight entertainment market in their latest research report. This report also lists two other prominent vendors who are expected to contribute to this market’s growth over the forecast period.
To identify the top vendors, Technavio’s market research analysts have considered the top contributors to the overall revenue of this market. To calculate the market size, the report considers revenue generated from IT services such as consulting and system integration, among others.
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“Many airlines worldwide are replacing their old and aging fleet with modern and efficient aircraft. For example, the Monarch Group has chosen Boeing for its narrow-body fleet replacement plan in 2014. The delivery of 30 Boeing 737 MAX 8s is expected in 2018. Monarch Airlines is considering fleet renewal as a part of its transition from a traditional charter carrier to a scheduled low-cost carrier (LCC), which will be more fuel-efficient and will generate 40% less noise than other aircraft in the same category. Moreover, the airline has also introduced app-based IFE systems, which allows access to movies, music, and magazines,” said Abhay Singh, one of Technavio’s lead analysts for aerospace components.
“Similarly, British Airways is also in its early stages of extensive fleet renewal program. It has orders for over 100 new aircraft due for delivery over the next 10 years. The new aircraft will replace British Airway's existing Boeing 737, 747, and 767 fleets, and will add new routes for the airlines. It is also looking at the new Boeing 777X to replace its Boeing 747s (it has four engines and consumes more fuel). The Boeing Dreamliner series 787-10s, 787-9s, and the Airbus A350-1000s are also among the aircraft ordered by British Airways for its fleet renewal program,” added Abhay
Top seven leading vendors in the global inflight entertainment market:
Global Eagle Entertainment (GEE)
GEE was founded in 2012 and is headquartered in Marina Del Rey, California, US. It provides a comprehensive array of content, connectivity, and digital media solutions to the global aviation industry. As of December 2014, the company had 781 employees. It reported net revenue of close to USD 259.7 million in FY2013 and USD 387.7 million in FY2014.
GEE provides Wi-Fi internet connectivity solutions to the airlines through Ku-band satellite transmissions. The company also offers media applications and premium content services that enable passengers to access the in-flight internet, on-demand content, shopping, live TV, and flight and destination information.
In addition, the company sells and leases equipment that enable its satellite-based services to operate on aircraft. Its connectivity equipment components include radomes, modems, antennas, and provisional and activation packages. GEE also offers installation support to its customers. It generated USD 35.51 million from the connectivity equipment sales in FY2014.
Gogo was incorporated in 1991 and is headquartered in Chicago, Illinois, US. It engages in the provision of aero communication services to the global aviation industry. As of December 2014, the company had 891 employees. The company reported net revenue of close to USD 328.1 million in FY2013 and USD 408.5 million in FY2014.
The company provides a comprehensive suite of connectivity solutions for commercial and business airline operators globally. It offers embedded IFE and wireless IFE solutions (under the brand name Gogo Vision) to both business and commercial aviation customers.
As of January 2016, the company had installed its Gogo Vision wireless and embedded IFE systems on over 2,400 commercial aircraft, as well 6,800 business aircraft. Gogo Vision allows passengers to experience preloaded wireless contents such as movies, TV shows, and music using their personal laptops, tablets, and mobile phones.
Lufthansa Systems was founded in 1995 and is headquartered in Frankfurt, Germany. The company provides IT services and associated products to the global aviation industry. The company operates as a subsidiary of a Germany-based airline Lufthansa. As of December 2014, it reported net revenue of over USD 850.2 million in FY2013 and USD 858.6 million in FY2014.
Lufthansa Systems offers its IT solutions to 300 airlines across the globe. The company has developed a wireless IFE platform, namely BroadConnect, which enables passengers to watch movies, shop, or find out information regarding destinations using their mobile, laptops, or tablets.
Panasonic Avionics was founded in 1979, and it is headquartered in Lake Forest, California, US. It was formerly known as Matsushita Avionics Systems but changed its name to Panasonic Avionics in 2005. The company engages in the manufacture and sales of IFE systems and communication solutions for the global commercial aviation industry. Panasonic Avionics operates as a subsidiary of a Japan-based multinational electronics conglomerate, Panasonic.
Panasonic Avionics offers a comprehensive array of IFE solutions that meet the requirements of airlines' wireless, seatback, retrofit, and linefit solutions. The company provides home theater entertainment experiences comprising HD content, games, applications, and communication services.
Rockwell Collins was established in 1933 and is headquartered in Cedar Rapids, Iowa, US. The company engages in the design, production, and sales of electronic communications, avionics, and aviation systems for aerospace and defense industries across the globe. As of September 2015, the company had 19,500 employees globally and reported net revenue of USD 5.24 billion in FY2015.
Rockwell Collins provides IFE systems and associated services to its commercial aviation customers. It offers audio and video contents that augment the in-flight passenger experiences. Its product portfolio includes overhead systems, pre-programmed contents, and in-seat entertainment systems that enable the passengers to experience video or audio entertainment options as per their preferences.
Thales Group was founded in 1893 and is headquartered in Paris, France. It provides solutions primarily to the aerospace and defense industries globally. As of December 2014, the company had 61,709 employees and reported net revenue of USD 16.87 billion in FY2013 and USD 17.24 billion in FY2014.
On June 20, 2014, Thales Group announced the completion of USD 399 million acquisition deal of a US-based IFE solution provider, LiveTV. This acquisition had helped Thales Group to strengthen its IFEC offerings. As of December 2014, LiveTV provided its solutions to over 700 commercial customers across the globe.
Zodiac Aerospace was founded in 1896 and is headquartered in Plaisir, France. They manufacture and market aerospace systems and components primarily to the commercial, regional, and business aircraft globally. The company reported a net revenue of USD 5.68 billion in FY2014 and USD 5.73 billion in FY2015.
The company, through its Zodiac Entertainment & Seat Technologies division, provides IFE solutions for commercial aircraft. It provides an IFE system, under the brand name RAVE, which allows passengers to access AVOD, as well other contents.
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