Connected Aircraft Market Revenue to outshine USD 8598.5 million By 2027
Posted On September 28, 2021
The Global Connected Aircraft Market revenue is anticipated to grow to around USD 8598.5 million by 2027 with a CAGR of 19.3% during the year 2021-2027 as per the report published by Value Market Research. The growing need for operational efficiency is driving up demand for existing data optimization, and data connections systems with efficient connectivity systems are expected to supplement linked aircraft requirements in the forecast period. Furthermore, passenger demand for high-speed internet has compelled major airlines to implement broadband connectivity solutions. Furthermore, the airline industry's rising demand for real-time weather data collection systems to ensure flight safety in changing weather conditions contributes to the connected aircraft market's rise in the upcoming years.
The Connected Aircraft integrates satellite components, aeroplane hardware, airtime connection, and onboard and offboard apps and services to revolutionise how people communicate in the aviation sector. Because of enhanced real-time information and communications, connected aircraft will ensure higher standards of safety and airspace management.
The elaborate study "Global Connected Aircraft Market Report By Type (Systems, Solutions), By Application (Commercial, Military), By Connectivity (Inflight Connectivity, Air-To-Air Connectivity, Air-To-Ground Connectivity) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" poses a refreshing view of the market taking into consideration all the aspects affecting the market.
On the basis of type the market is segmented into Systems, Solutions. By application the connected aircraft market is categorised as Commercial, Military. By connectivity the connected aircraft market is categorised as Inflight Connectivity, Air-to-Air Connectivity, Air-to-Ground Connectivity. The report covers North America (North America, United State and Rest of North America), Europe (United Kingdom, France , Germany, Rest of Europe), Asia Pacific (China, Japan, India, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America) and Middle East & Africa. The data tables in these chapters give the market estimates on the basis of all the segments.
The Report Segments Global Connected Aircraft Market -
- Inflight Connectivity
- Air-to-Air Connectivity
- Air-to-Ground Connectivity
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Players Profiled In the Report:
Honeywell, Gogo, Panasonic Avionics, Inmarsat, Global Eagle Entertainment, BAE Systems PLC, Panasonic Avionics Corporation, Zodiac Aerospace, Thales Group, Burrana Inc., Viasat SpA, Cobham PLC., Rockwell Collins, Inc., and Kontron S&T AG.
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