Title: Connected Aircraft Market Pit Falls, Present Scenario and Growth Prospects from 2017 to 2024
1Connected Aircraft Market Analysis Report,
Growth, Trend, and Forecast, 2017-2024 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
2 Regional Analysis of Connected Aircraft Market
- The U.S. is anticipated to dominate the connected
aircraft market owing to the growth in the demand
from passengers for in-flight internet access
owing to technological advancements and high
usage of advanced technology. Asia Pacific is
anticipated to witness the largest growth rate
during the forecast time span owing to rising
urbanization and increase in the disposable
income, high travel rate of passengers, and
rising popularity of personal electronic devices
amongst the population. - Additionally, a substantial number of industry
players are investing huge funds in business
airlines in this region. The rise in the adoption
of hardware for aircraft connectivity augments
the connected aircraft market growth.
3- Application Analysis of Connected Aircraft
Market - The connected aircraft market can be segmented by
technologies into Ka-band, Ku-band, and
air-to-ground. The Ka-band operates in the
electromagnetic spectrum in the frequency range
of 26.5 to 40 GHz and Ku-band operates in the
frequency range of 12 to 18 GHz. Penetration of
Ka-band is predicted to be higher as it offers
greater throughput than Ku systems, providing
faster in-flight Internet access and finding high
applications in military and media organizations. - Segmentation of the connected aircraft market by
components include Aircraft Condition Monitoring
System (ACMS), electronic fleet bag, and Aircraft
Communication Reporting System (ACRS). ACRS and
ACMS systems are projected to experience a high
CAGR as they assist the crew in flight operation
monitoring, improving the efficiency and
augmenting the overall customer experience. ACMS
systems are used in monitoring the health of the
devices and equipment on the plane, satisfying
regulatory norms, and reducing risks by
streamlining continuous improvement of
operations. ACRS systems provide a structural
approach to the management of risk and boost
safety by enhancing communication.
4 Competitive Market Share of Connected Aircraft
Market
- The players operating in the connected aircraft
market include Honeywell International, Inc.,
Panasonic Corporation, SITA OnAir, Thales SA,
Kontron AG, Inmarsat plc, Gogo, Inc., Global
Eagle Entertainment, Inc., Cobham plc, IBM,
Google, Spafax, Apple, and Microsoft. Vendors
have adopted business strategies, such as
partnerships, mergers, acquisitions, and new
product development to get a large hold on the
connected aircraft market. - For instance, in March 2015, Gogo, Inc. announced
a partnership with Spafax. The partnership was
initiated to assist in the development and
management of Gogo Vision, a wireless in-flight
entertainment service. -
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