Tuesday, April 13, 2021

Global Aircraft Communication System Market, Global Aircraft Communication System Industry: Ken Research

Aircraft communication systems are specific systems, used in the transmission of messages between aircraft and ground stations by using the satellites & air band radios. It is a collection of individual communication networks, data terminal equipment (DTE), transmission systems, tributary stations and relay stations. Moreover, these systems give benefits in improving the communication between aircraft pilots and ATCOs (Air Traffic Controllers). These systems are shifting towards the satellite based navigation surveillance from the ground based navigation surveillance, which has created beneficial growth opportunities for the global aircraft communication market.

Referring to study, Global Aircraft Communication System Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use the key companies operating in the global aircraft communication systems market include Northrop Grumman, Rockwell Collins, Raytheon, Honeywell, Thales, Cobham, L3 Technologies, Harris, General Dynamics, Viasat, Iridium, Rohde & Schwarz among others. The leading organizations are shifting their focus towards the restructuring & re-strategizing in order to manage with the challenges at hand. However, growth in advancements in the communication system & infrastructure, coupled with incessant drive towards the betterment as well as high performance solutions have been the key strategies adopted by the key players to gain a viable edge in the market.

Based on type, aircraft communication systems market is segmented as transceivers, transmitters, transponders, antennas, displays & processors, receivers and others. Antennas segment holds major share in global market owing to increase in use in the aviation industry. In addition, based o application, market is segmented as aftermarket and Original Equipment Manufacturers (OEM). OEM segment is expected to witness higher growth rate with its installation to ensure the uninterrupted communication between pilots and air traffic control tower.

The aircraft communication systems market is driven by rise in demand for satellite-based navigation system, followed by increase in use of software-defined radio for satellite communication, growth in technological advancements in aircraft communication system and increase in aircraft deliveries. However, high costs for development of aircraft communication system may impact the market. Moreover, rise in Demand for Next-Generation IP systems, increase in use of Commercial Off-The-Shelf (COTS) technology in aircraft communication system and commercialization of Unmanned Aerial Vehicles (UAVS) are key opportunities for market. Furthermore, rise in awareness to enhance travel safety for avoiding accidents losses and growth in technological innovation in wireless aviation communication systems are major trends for global market.

Based on geography, the North-America region dominates the global aircraft communication systems market owing to expansion in defense industry coupled with rise in demand for advanced fighter gets across the region. The Europe region is second largest region in global market due to growth in adoption of advanced aircraft communication technologies. The Asia-pacific region is expected to witness higher growth rate as a result of increase in number of aircraft deliveries over the forecast period. It is projected that future of the global aircraft communication systems market will be optimistic as a result of rise in demand for business jets along with growth in tourism industry during the forecast period.

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Global Aircraft Communication System Market

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Ken Research
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