Aircraft Communications Market Growth, Analysis Report, Share, Trends and Overview 2022-2028
The market of Aircraft Communications is anticipated to grow at a significant CAGR during forecast period. Aircraft communication is used to send and receive voice between aircraft or between aircraft and the ground. The transition of aviation communication systems from ground-based navigation surveillance to satellite-based navigation surveillance has aided the market's growth. The majority of Aircraft Communication Market providers use advanced technologies such as VHF radio systems, 4D trajectory air traffic management, and wireless communication technologies.
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The market demand will be fuelled by
rising consumer expenditure and a growing preference for air travel due to
increased safety and discretionary money. Connected tools in aeroplane
communication play an increasingly important role as technology evolves,
allowing centralised access to many electronic devices and taking a proactive
approach to energy conservation. The increased demand for logistics and travel
around the globe is another factor boosting the Aircraft Communication Market.
At the same time, different nations' defence agencies use aeroplane
communication systems for security and other reasons. These are the primary
factors driving the global expansion of aircraft communication.
The advancement of aviation electronics,
displays, and management control systems to improve aviation safety contributes
to the market's expansion. Aircraft communication has reduced airborne
accidents drastically, creating a demand for it. Furthermore, the increased use
of satellite-based navigation systems to reduce flight duration and traffic
congestion is predicted to boost the global market's growth. It also reduces
altitude loss while crossing tracks, reduces delays, and provides quick, direct
routes, all of which improve operational efficiency.
Low commodity prices, strong passenger
demand, and sustained GDP growth are some of the other key drivers fuelling the
product penetration over the forecast
period. In addition, the Aircraft Communication Market will benefit from rising
middle-class affordability, low airfares, and an improving tourism industry.
High expenses associated with creating various aeroplane communication systems,
on the other hand, are severely obstructing market expansion. Furthermore, the
global market's expansion is restrained by the high initial installation cost
of modern technology. The increased focus on creating next-generation
technology in aeroplane communication systems is likely to generate massive
prospects for the global economy in the near future.
Market
Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
·
Segment Covered-
o By
System
o By
Connectivity
·
Competitive Landscape: Raytheon Company,
Northrop Grumman Systems Corporation, Lockheed Martin Corporation, Rohde &
Schwarz GmbH & Co KG, General Dynamics Corporation and others.
Key
questions addressed by the report
·
What is the market growth rate?
·
Which segment and region dominates the market in
base year?
·
Which segment and region will project fastest
growth in the market?
·
How COVID-19 impacted the market?
o Recovery
Timeline
o Deviation
from pre-COVID forecast
o Most
affected region and segment
·
Who is the leader in the market?
·
How players are addressing challenges to sustain
growth?
·
Where is the investment opportunity?
Global
Aircraft Communication Market- Segmentation
By
System
• Audio Integrating Systems
• Communication Radios
• Radio Tuning Systems
• Others
By
Connectivity
• SATCOM
• High Frequency
• Very High Frequency
• Ultra-high Frequency
• Data Link Communication
• Others
A full report of Aircraft Communications Market
is available at: https://www.omrglobal.com/industry-reports/aircraft-communications-market
Aircraft Communications Market– Segment by Region
North America
·
United States
·
Canada
Europe
·
Germany
·
United Kingdom
·
France
·
Spain
·
Italy
·
Rest of Europe
Asia-Pacific
·
China
·
Japan
·
India
·
Rest of
Asia-Pacific
Rest of the World
·
Middle East &
Africa
·
Latin America
Company Profiles
·
Raytheon Company
·
Northrop Grumman Systems Corporation
·
Lockheed Martin Corporation
·
Rohde & Schwarz
·
GmbH & Co KG
·
General Dynamics Corporation
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