United States/WA: Aircraft Communication Systems Market Will Boom In Near Future
Report Pages:[130 Pages]
Market Overview:
Aircraft communication systems are a generic code used for communication between aircraft and air traffic control. Aircraft communication systems are an easy-to-remember code used on all aircraft communications systems, regardless of their type. All aircraft must communicate with one another as well as with air traffic control in case of an emergency. In aviation, aircraft communication systems are simply a digital data link protocol for the transmission of temporary, short key-out messages between aircraft and air traffic control over a short-range radio link. Additional channels made aircraft communication systems popular among commercial and general aircraft operators. As the demand for this technology grew, so did the number of companies attempting to enter into the aircraft communication systems market.
Key Market Drivers:
The increasing number of commercial flights in the world is the main factor that is expected to augment the growth of the global aircraft communication systems market. For instance, according to Ascend, currently, there are around 23,715 aircraft in service globally. The aircraft communication system is a computerized datalink framework for the transmission of short messages among aircraft and ground stations through airband radio or satellite. Ground framework arrangement is the obligation of either a partaking air navigation service provider (ANSP) or an aircraft administrator. Aircraft administrators regularly contract out the capacity to either a datalink service provider (DSP) or a different service provider. Messages from aircraft, particularly consequently produced ones, can be pre-designed by message type with the goal that they are naturally conveyed to the fitting beneficiary similarly as ground-began messages can be arranged to arrive at the right aircraft. Moreover, increasing product launches by key market players are expected to create propulsion in the global aircraft communication systems market.
Covid-19 Impact Analysis:
The COVID-19 had a very significant impact on air travel in the world. For instance, according to ACI World, the pandemic removed over 1 billion air passengers for the whole of 2020, when compared to the forecasted baseline, and represented a decline of around 64.6% of the global passenger traffic.
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Key Takeaways:
- The size of the global aircraft communication systems market is expected to increase at a CAGR of 11.02% and reach around US$ 5.20 billion by the year 2022, owing to the increasing number of air flyers in the world. For instance, according to International Civil Aviation Organization, in 2019 the number of flights performed globally was around 38.9 million.
- North America is expected to hold a major share of the global aircraft communication systems market, owing to the increasing numbers of commercial flights in the region. For instance, according to Federal Aviation Administration, in the US commercial flight carriers conducted around 5,670 passenger flights every day.
- The Asia Pacific is estimated to witness high growth in the global aircraft communication systems market, owing to the increasing investment in the aviation sector in developing countries such as India. For instance, according to India Brand Equity Foundation, the Indian Government has been planning to invest around US$ 1.83 billion for the development of infrastructure of the airport along with the aviation communications services by the year 2026.
Market Competitive Landscape:-
Major layers operating in the Global Aircraft Communication Systems Market are: Rockwell Collins, Inc., Northrop Grumman Corporation, Raytheon, Thales Group, Honeywell international Inc., and the manufacturers of different types of aircraft communication systems are Harris Corporation, Cobham Plc., General Dynamics Corporation, L3 Technologies, and Iridium
Global Aircraft Communication Systems Market – By Product Type (SATCOM, HF Communication, Data Link Communication, and VHF), By Component (Antennas, Receivers, Transmitters, Transceivers, and Others), By Aircraft (Commercial Aircraft and Military Aircraft), and By Region – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026.
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