Aviation News
Press release distribution service
Home > Aviation News & Resources
Aviation Industry
  • Aviation News
  • Business Aviation
  • Commercial Aviation
  • Defense
  • Submit News

    Watch Aviation News

  • Airbus News
  • Airlines News
  • Airport News
  • Aviation News
  • Boeing News

  • Aircraft Communication Systems Market is Estimated to Reach US$ 15,375.1 Mn by 2025

     



    (Aviation-NewsWire.Com, February 05, 2019 ) The aircraft communication systems market is estimated to grow at a CAGR of 9.4% during the forecast period from 2017 to 2025. The market was valued at US$ 7112.0 Mn and is calculated to reach US$ 15,375.1 Mn by 2025.

    Currently, the global aircraft communication system is witnessing a substantial growth, and is projected to rise in the coming years. The market for aircraft communication system is a highly fragmented market, with large to medium sized enterprises operating in the field. These established companies invest significant amount in their research and development wings in order to develop and manufacture technologically advanced communication systems for commercial aircrafts as well as military aircrafts. The aircraft manufacturers on the other hand, are procuring advanced technologies in order to equip their airplanes with the latest technology and meet the demand of control towers as well as customers. This factor is influencing the growth of market for aircraft communication system heavily.

    Get PDF sample copy: http://bit.ly/2Nmle85

    In our study, we have segmented the aircraft communication systems market by types, components and aircraft types. The various types of communication systems installed on aircrafts include VHF/UHF/HF radios, data links, and SATCOM. On basis of components, the market for aircraft communication systems is segmented as antenna, transponder, transceiver, and display & processors. The aircraft types taken under consideration while formulating the report include commercial aircrafts and military aircrafts. Geographically, the market for aircraft communication systems is categorized into five strategic regions namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America (SAM)

    The aircraft communication systems facilitate in providing interaction opportunity to the airborne pilot and the ground station controller, and also among two airborne pilots. The growth of market for aircraft communication systems is majorly driven by the notable growth in air travel across the globe. The growth in air travel has increased significantly over the years due to increase in disposable income among the middle class society and upper middle class society worldwide. Moreover, reduction in travel time and increase in comfortability are also acting as growth factors for commercial aviation as well as military aviation. This is leading the aircraft manufacturers to procure more aircraft components such as communication systems, navigation systems and surveillance systems among others in order to meet the rising demand for aircraft deliveries. The global market for aircraft communication system is poised to grow over the period with technological advancements being conducted by various industry participants in order to design and develop most advanced communication systems.

    Asia Pacific region in Aircraft Communication System Market covers countries such as China, India, Japan and Rest of Asia Pacific. The region contributed a fair market share in 2016 and is anticipated to surge over the forecast period to generate a healthy market share by the end of 2025. The region is also expected to exhibit maximum growth rate during the forecast period from 2017 to 2025. Asia Pacific region is accountable for generating highest revenue from commercial aviation sectors, as per International Air Travel Association. Countries such as China, India, Indonesia, Vietnam among others are expected to generate tremendous growth in commercial air travel, owing to significant rise in disposable income and fall in air fares. China held the largest market share in aircraft communication systems market in 2016 and is expected to dominate the region throughout the forecast period. This is attributed to the large fleet size of commercial aircrafts as well as military aircrafts in China. India on the other hand, is anticipated to be the fastest growing region in Asia Pacific aircraft communication systems market, owing to rapid increase in aircraft procurement in military and commercial sectors.

    Get discount: http://bit.ly/2ywu2mr

    The key players operating in the Aircraft Communication System Market across the globe includes, Harris Corporation, Northrop Grumman Corporation, L-3 Technologies Inc., Rockwell Collins, Raytheon Corporation, Thales Group, Viasat Inc., Cobham Plc., Honeywell International Inc. and General Dynamics Corporation among others.

    Reasons to buy this report:

    - Highlights key business priorities in order to assist companies to realign their business strategies

    - The key findings and recommendations highlight crucial progressive industry trends in the automatic tire inflation system market, thereby allowing players across the value chain to develop effective long term strategies

    - Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

    - Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

    - Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

    - Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

    The Insight Partners

    Sameer Joshi

    +1-646-491-9876

    sam@theinsightpartners.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Aviation News & Resources

    Aviation Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Governing
    Point of Beginning
    Overall Labor Effectiveness (OLE) Achieving a Highly Effective Workforce

    No credit cards, coupons, or promo codes required. Try it today!

    Press release service

    Aviation-Newswire.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    Aviation-NewsWire.Com - Newswire and Press Release service of GroupWeb Media LLC