DUBLIN--(BUSINESS WIRE)--The "Aircraft Communication System Market by Platform Type, by Aircraft Type, by Sub-Platform Type, by Application Type, by End-User Type, and by Region, Size, Share, Trend, Forecast, & Industry Analysis: 2021-2026" report has been added to ResearchAndMarkets.com's offering.
Aircraft operation hugely depends on efficient communication from aircraft to the ground, aircraft to aircraft, and ground to aircraft.
All aerial vehicles including helicopters and unmanned aerial vehicles need an efficient communication system in order to operate flawlessly. A basic communication system involves the transmission and reception of voice and/or data in the form of electromagnetic waves. Communication is carried out in several frequencies allocated by the International Telecommunications Union (ITU). This spectrum of frequencies ranges from 30 kHz to 30,000 kHz and is divided into bands for convenience.
Over the years, increasing aircraft traffic has given a rise to the emergence of new aircraft: A320neo, A220, A350XWB, B737 Max, and B787, which generate four times more aircraft and engine data as compared to older gen. aircraft, posing a mid-to-long-term risk of congestion. This presents the market stakeholders with an opportunity in disguise, to fulfill the unmet needs of the market.
Aircraft communication systems account for ~20% share of the total avionics' equipment market. With increasing ACARS volume and rapidly evolving customer needs, there have been ceaseless developments in the communication systems market ranging from wireless communication equipment to surging use of data link and SATCOM-based communications.
Though the market efficiently dodged the B737max grounding debacle in 2019, the rapid spread of the pandemic in 2020 hit the market like a bolt out of the blue, bringing in sudden changes in the business, disconcerting the entire industry. The aircraft communication systems market recorded a massive downturn of -25% YoY in 2020, wrecking the hopes of another successful year in 2020.
Nevertheless, the long-term scenario still seems lucrative, backed by strong industry fundamentals coupled with the stakeholders' unmatched ability to strive through the crisis. The aircraft communication systems market is likely to follow suit, moving parallelly with the industry's rebound, experiencing a gradual rejuvenation in demand from 2021 onwards, translating to sales of US$ 3.3 Billion in 2026.
Other key factors fueling the growth of the market, in the long run, are:
- Rebounding commercial aircraft fleet size
- Aging aircraft fleet size
- Increasing aircraft and engine ACARS data
- Rapidly evolving requirements and system upgrades.
The key players are shifting their focus towards restructuring and re-strategizing in order to cope with the challenges at hand. However, rapid advancements in the communication system and infrastructure, coupled with a continuous drive towards betterment and high-performance solutions have been the key strategies adopted by the major players to gain a competitive edge in the market.
The supply chain of this market comprises component suppliers, service suppliers, system suppliers, aircraft OEMs, airline companies, aircraft leasing companies, and MRO companies.
The key players in the aircraft communication systems market are:
- Honeywell International, Inc.
- Cobham plc.
- Collins Aerospace (Rockwell Collins)
- L3Harris Technologies, Inc.
- Thales Group, etc.
Key Topics Covered:
1. Executive Summary
2. Aircraft Communication Systems Market Overview and Segmentation
2.1. Introduction
2.2. Aircraft Communication Systems Market Segmentation
2.3. Supply Chain Analysis
2.4. Industry Life Cycle Analysis
2.5. PEST Analysis
2.6. SWOT Analysis
3. Aircraft Communication Systems Market: COVID-19 Impact Assessment
3.1. Insights
3.2. Aircraft Communication Systems Market Trend and Forecast (US$ Million)
3.3. Pre-COVID vs Post-COVID Assessment
3.4. Real GDP Loss vs Aircraft Communication Systems Market Loss (2020-2021)
3.5. Market Scenario Analysis: Pessimistic, Most Likely, and Optimistic
3.6. Market Segments Analysis (US$ Million)
3.7. Regional and Country-Level Analysis (US$ Million)
3.8. Market Drivers
3.9. Market Challenges
4. Competitive Analysis
4.1. Insights
4.2. Product Portfolio Analysis
4.2.1. By Platform Type
4.2.2. By Aircraft Type
4.2.3. By End-User Type
4.3. Geographical Presence
4.4. New Product Launches
4.5. Strategic Alliances
4.6. Market Share Analysis
4.7. Porter's Five Forces Analysis
5. Aircraft Communication Systems Market Trend and Forecast by Platform Type (2015-2026)
5.1. Insights
5.2. Commercial Aircraft: Regional Trend and Forecast
5.3. Military Aircraft: Regional Trend and Forecast
5.4. Government Aircraft: Regional Trend and Forecast
6. Aircraft Communication Systems Market Trend and Forecast by Aircraft Type (2015-2026)
6.1. Insights
6.2. Manned Aircraft: Regional Trend and Forecast
6.3. Unmanned Aircraft: Regional Trend and Forecast
7. Aircraft Communication Systems Market Trend and Forecast by Sub-Platform Type (2015-2026)
7.1. Insights
7.2. Civil Manned Aircraft: Trend and Forecast
7.2.1. Sub-Platform Type Trend and Forecast
7.2.2. Application Type Trend and Forecast
7.3. Military Manned Aircraft: Trend and Forecast
7.3.1. Sub-Platform Type Trend and Forecast
7.3.2. Application Type Trend and Forecast
7.4. UAV: Trend and Forecast
7.4.1. Sub-Platform Type Trend and Forecast
7.4.2. Application Type Trend and Forecast
8. Aircraft Communication Systems Market Trend and Forecast by End-User Type (2015-2026)
8.1. Insights
8.2. OE: Trend and Forecast by Region
8.3. Aftermarket: Trend and Forecast by Region
9. Aircraft Communication Systems Market Trend and Forecast by Region (2015-2026)
9.1. Insights
10. Strategic Growth Opportunities
10.1. Insights
10.2. Market Attractiveness Analysis
10.3. Emerging Trends
10.4. Growth Matrix Analysis
10.5. Key Success Factors (KSFs)
11. Company Profile of Key Players
- BAE Systems
- Cobham plc.
- Collins Aerospace (Rockwell Collins)
- General Dynamics Corporation
- Honeywell International, Inc.
- L3Harris Technologies, Inc.
- Northrop Grumman Corporation
- Thales Group
For more information about this report visit https://www.researchandmarkets.com/r/v4vbwi
