In-flight Entertainment & Connectivity Industry Outlook and Forecast to 2027

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According to the new market research report the
In-flight Entertainment Connectivity (IFEC)
Market is estimated to be 5 billion in 2018 and
is projected to reach 11 billion by 2027, at a
CAGR of 9 from 2018 to 2027. The need to
enhance the passenger experience, technological
developments, and an increase in aircraft
are factors to drive the
deliveries expected market. The OEM
segment is
expected to grow at a higher CAGR during the
forecast period, as compared to
the aftermarket segment. OEM refers to the
installation of equipment during the
manufacturing of a new aircraft. Leading airlines
are focused on the installation of new IFEC
systems. The installation of IFEC systems
primarily depends on the number of aircraft
manufactured in a year. Commercial aircraft
manufacturers such as Airbus and Boeing are
currently focused on the installation of advanced
in-flight entertainment systems, which are
currently in the production phase. Download PDF
Brochure _at_ https//www.marketsandmarkets.com/pdfdo
wnloadNew.asp?id860 Based on aircraft type, the
narrow-body aircraft segment of the in-flight
entertainment connectivity market is projected
to grow at the highest CAGR during the forecast
period. The growth of the narrow-body aircraft
segment can be attributed to an increase in
narrow-body aircraft deliveries worldwide.
Airlines are presently replacing the older fleet
of narrow-body aircraft with the introduction of
latest aircraft, such as the A320neo and the 737
Max. They are also focused on the procurement of
the next-generation narrow-body aircraft to
improve profitability. Based on product, the IFE
content segment of the in-flight entertainment
connectivity market is projected to grow at the
highest CAGR from 2018 to 2027. The growth of
this segment can be attributed to the increasing
use of onboard WI-FI service by passengers for
web browsing, content streaming, SMS, e-mail,
destination information, concierge services, and
other airline information during air travel. The
IFEC market in Asia Pacific is projected to grow
at the highest CAGR during the forecast
period The in-flight entertainment connectivity
market in the Asia Pacific region is projected
to grow at the highest CAGR during the forecast
period, owing to the increasing aircraft
deliveries and rising passenger traffic in this
region. China is expected to be the major market
in the region, owing to the reforms in their
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regulations and policies, innovative business
models, and the development of aircraft with new
technologies. Key Market Players Key players in
the in-flight entertainment connectivity market
include Panasonic Avionics (US), Thales Group
(France), Rockwell Collins, Inc. (US), Gogo LLC
(US), Honeywell International, Inc. (US), and
Zodiac Aerospace (France). Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
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