Global Aircraft Communication Systems Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
"Global Aircraft Communication Systems Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global aircraft communication systems market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global aircraft communication systems market report has been segmented on the product type, component, aircraft type, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Aircraft communication systems are used for transmission of messages between ground station and aircrafts by using air band radios or satellites. Aircraft communication systems are collection of transmission systems, individual communication networks, relay stations, data terminal equipment (DTE), and tributary stations. Moreover, communication systems provide improved communication between aircraft pilots and ATCOs (Air Traffic Controllers).
Rising demand for technologically advanced communication systems from aviation industry is a major factor driving growth of the global aircraft communication systems market. In addition, increasing adoption of satellite-based navigation system over ground based communication systems is another factor further fueling growth of the global market.
High infrastructure and development costs of aircraft communication systems is a major factor hampering growth of the global market. In addition, issues related to radio spectrum availability coupled with longer clearance period are other factors restraining growth of the global market.
The North America market accounts for highest share in terms of revenue in the global aircraft communication systems market and is expected to continue its dominance in the global market during the forecast period. The US has highest number of airports in the world, this is a major factor boosting demand for aircraft communication systems in the US aircraft communication systems market. Moreover, presence of major aircraft manufacturers is another factor further fueling growth of the North America aircraft communication systems market.
The Europe market accounts for significant share in terms of revenue in the global market. The Europe aircraft communication systems market is expected to witness significant revenue growth and is projected to register a CAGR of X.X% over the forecast period. The Asia Pacific aircraft communication systems market is expected to witness highest growth in terms of revenue in the global market and is projected to register a CAGR of XX.X% during the forecast period. Growing aircraft sales and increasing number of upcoming airports in countries such as India, China, etc. are factors expected to fuel growth of the Asia Pacific aircraft communication systems market over the forecast period.
Global Aircraft Communication Systems Market Segmentation:
Segmentation on the basis of product type:
- SATCOM (Satellite Communications)
- HF communication (High Frequency range of 2 to 30 MHz)
- Data Link Communication
- VHF (Very High Frequency range of 30 to 300 MHz)
Segmentation on the basis of component:
Segmentation on the basis of aircraft type:
- Commercial aircraft
- Military aircraft
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Rockwell Collins Inc.
- Honeywell International Inc.
- Northrop Grumman Corporation
- Thales Group
- The Raytheon Company
- Harris Corporation
- Cobham PLC
- General Dynamics Corporation
- L3 Technologies Inc.
- Iridium Communications Inc.
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