DUBLIN--(BUSINESS WIRE)--The "In-flight Entertainment & Connectivity (IFEC) Market by End User (OEM, Aftermarket), Aircraft Type (NBA, WBA, VLA, Business Jets), Product (IFE Hardware, IFE Connectivity, IFE Content), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The In-flight Entertainment & Connectivity (IFEC) market is projected to grow from USD 5.03 billion in 2018 to USD 7.65 billion by 2023, at a CAGR of 8.72% from 2018 to 2023.
This research report categorizes the in-flight entertainment & connectivity market on the basis of aircraft type (narrow-body aircraft, wide-body aircraft, very large aircraft, and business jets), end user (OEM and aftermarket), and product (IFE hardware, IFE connectivity, and IFE content). These segments and subsegments are further mapped across major regions.
The need to enhance the passenger experience, technological developments, and an increase in aircraft deliveries are factors expected to drive the market. However, the regulatory framework & certification and increase in the overall weight of aircraft are expected to restrain the growth of this market.
By aircraft type, the narrow-body aircraft segment is estimated to lead the in-flight entertainment & connectivity market in 2018. The growth of the narrow-body aircraft segment can be attributed to an increase in narrow-body aircraft deliveries worldwide.
Major companies profiled in the report include Panasonic Avionics (US), Thales Group (France), Rockwell Collins, Inc. (US), Gogo LLC (US), Honeywell International, Inc. (US), Zodiac Aerospace (France), and Global Eagle Entertainment (US), among others.
Market Dynamics
Drivers
- Need to Enhance Passenger Experience
- Technological Developments
- IFEC Becoming A Major Source of Ancillary Revenue for Airlines
- Increase in Aircraft Deliveries
Restraints
- Regulatory Frameworks & Certification
- Increase in the Overall Weight of Aircraft
Opportunities
- Increase in Long-Haul Flights and Passenger Traffic
- Wi-Fi Connectivity
Challenges
- High Installation Cost
- Need to Upgrade IFE Systems and Ensure Content Management
- Cyber Threats
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 In-Flight Entertainment & Connectivity Market, By Product
8 In-Flight Entertainment & Connectivity Market, By Aircraft Type
9 In-Flight Entertainment & Connectivity Market, By End User
10 Regional Analysis
11 Competitive Landscape
12 Company Profiles
- Boeing
- Bombardier
- Lockheed Martin
- Bell Helicopter
- Sikorsky Aircraft
- Panasonic Avionics Corporation
- Thales Group
- Global Eagle Entertainment, Inc.
- Gogo LLC
- Rockwell Collins, Inc.
- Viasat, Inc.
- Sitaonair
- Digecor, Inc.
- Zodiac Aerospace
- Honeywell International
- Lufthansa Systems GmbH & Co. Kg
For more information about this report visit https://www.researchandmarkets.com/research/zssb5r/inflight?w=4
