This report provides an analysis of the In-flight
Entertainment & Connectivity (IFEC) market from 2018 to 2023. It discusses
industry and technological trends prevailing in the market and analyzes factors that drive or restrain the growth of the
market in the coming years. The IFEC market is estimated to be USD 5.03 billion in 2018
and is projected to reach USD 7.65 billion by 2023, at a CAGR of 8.72% during
the forecast period.
The need to enhance
the passenger experience, technological developments and
increase in aircraft deliveries are factors expected to drive the market. The Asia
Pacific region is expected to be the fastest-growing market during the forecast
period, owing to an increase in aircraft deliveries and a rise in passenger traffic.
Browse 145 market data Tables and 46
Figures spread through 183 Pages and in-depth TOC on "In-flight
Entertainment & Connectivity (IFEC) Market"
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Based on product, the IFEC market is segmented into IFE hardware,
IFE connectivity, and IFE content. Content is expected to be the
fastest-growing segment of the market during the forecast period. Most airline operators are working
on improving connectivity to provide passengers with the Internet access
onboard. Airlines are using technologies such as ATG or satellite, which
include L-band, Ka-band, and Ku-band for better connectivity. These
bands help airline operators provide passengers with services such as content
streaming, e-mail, and others.
By aircraft
type, the IFEC market is segmented into narrow-body aircraft, wide-body
aircraft, very large aircraft, and business jets. The narrow-body aircraft
segment is expected to lead the IFEC market during the forecast period. The
growth of the narrow-body aircraft segment can be attributed to an increase in
narrow-body aircraft deliveries worldwide. Airlines are presently replacing the
older fleet of narrow-body aircraft with the introduction of latest aircraft,
such as the A320neo and the 737 Max.
Based on end user, the IFEC market is segmented into OEM
and aftermarket. The OEM segment is expected to grow at a higher CAGR during
the forecast period, as compared to the aftermarket segment. OEM refers to the installation of equipment during the manufacturing of a new
aircraft. Leading airlines are focused on the installation of new IFEC systems.
The installation of IFEC systems primarily depends on the number of aircraft
manufactured in a year. Commercial aircraft manufacturers such as Airbus and
Boeing are currently focused on the installation of advanced in-flight
entertainment systems, which are currently
in the production phase.
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