The report "Connected Aircraft Market by
Type (Systems, Solutions), Application (Commercial, Military), Connectivity
(Inflight, Air-to-Air, and Air-to-Ground Connectivity), Frequency Band (Ka-Band,
Ku-Band, L-Band), and Region - Global Forecast to 2022", published by
MarketsandMarkets™, is projected to grow from USD 3.29
Billion in 2017 to USD 7.16 Billion by 2022,
at a CAGR of 16.83% during the forecast period. The rise in the number of aircraft
deliveries, operational efficiency, upgradation of existing aircraft fleet, and
need for passenger and airline safety are other factors driving the connected
aircraft market.
Browse 98 Tables and 47 Figures
spread through 142 Pages and in-depth TOC on "Connected
Aircraft Market - Global Forecast to 2022"
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Based on type, the solutions segment is
expected to grow at a higher rate during the forecast period.
The solutions segment is expected to grow at a
higher rate during the forecast period. This growth is attributed to an
increase the increase in demand for high-speed connectivity for internet access
from passengers.
Based on application, the commercial segment
of the connected aircraft market is projected to grow at a higher CAGR from
2017 to 2022
Based on application, the commercial segment is
projected to grow at a higher CAGR during the forecast period. Increasing
aircraft orders from emerging countries, such as China
and India is driving the commercial segment.
Based on connectivity, the inflight
connectivity segment of the connected aircraft market is projected to grow at
the highest CAGR from 2017 to 2022.
Based on connectivity, the inflight connectivity
segment of the connected aircraft market is projected to grow at the highest
CAGR during the forecast period. The increasing demand for high-speed
connectivity in commercial aircraft and increasing emphasis on passenger
experience during air travel are factors contributing to the growth of inflight
connectivity segment.
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Asia Pacific
is expected to be the fastest-growing market for connected aircraft during the
forecast period.
Asia Pacific is
expected to be the fastest-growing market for connected aircraft during the
forecast period. The growth can be attributed to an increase in air passenger
traffic in emerging countries, such as India and
China and rise in the number of commercial
aircraft manufacturers in the region.
Major players operating in the connected aircraft
market include Gogo (US), Honeywell (US), Panasonic Avionics (US), Global Eagle
Entertainment (US), and Inmarsat (UK). Key players offer various connected
aircraft solutions and systems. These companies have well-equipped
manufacturing facilities and strong distribution networks across North America, Europe,
and Asia Pacific.
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