DUBLIN--(BUSINESS WIRE)--The "Aircraft Communication System Market by Product Type (SATCOM, VHF/UHF/L-Band, HF Communication, Data Link), Component (Transponder, Transceiver, Antenna, Transmitter, Receiver, Display & Processor), End User, Platform, Region-Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering
The aircraft communication system market is projected to grow from USD 3.08 billion in 2017 to USD 5.20 billion by 2022, at a CAGR of 11.02% from 2017 to 2022.
Continuous technological advancements in aircraft communication systems, use of software-defined radios for satellite communication, advent of satellite-based navigation systems, and increased number of new aircraft deliveries across the globe are the key factors driving the growth of the aircraft communication system market.
Among platforms, the commercial aircraft segment is estimated to account for the largest share of the aircraft communication system market in 2017. The growth of this segment of the market can be attributed to increased demand for new and advanced communication systems to ensure the safety of aircraft during their flight. Aircraft communication systems are electronic devices used in an aircraft to communicate and navigate with other aircraft or ground stations.
The North American region is estimated to account for the largest share of the aircraft communication system market in 2017. High disposable income of the middle-class population in the North American region has contributed to increased air travel in the region. This, in turn, has led to increased air passenger traffic in the North American region, which is contributing to increase in the number of new aircraft deliveries in the region. This is further leading to the growth of the aircraft communication system market in the North American region.
- General Dynamics
- L3 Technologies
- Northrop Grumman
- Rockwell Collins
- Rohde & Schwarz
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Aircraft Communication System Market, By Component
8 Aircraft Communication System Market, By Product Type
9 Aircraft Communication System Market, By Platform
10 Aircraft Communication System Market, By End User
11 Regional Analysis
12 Competitive Landscape
13 Company Profiles
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