In-flight Entertainment & Connectivity (IFEC) Market worth $11 billion by 2027 - PowerPoint PPT Presentation

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In-flight Entertainment & Connectivity (IFEC) Market worth $11 billion by 2027

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In-flight Entertainment & Connectivity (IFEC) Market is projected to reach $11 billion by 2027, at a CAGR of 9% from 2018 to 2027. – PowerPoint PPT presentation

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Title: In-flight Entertainment & Connectivity (IFEC) Market worth $11 billion by 2027


1
According to the new market research report the
In-flight Entertainment Connectivity Market is
projected to reach 11 billion by 2027, at a CAGR
of 9 from 2018 to 2027. The base year
considered for the study is 2017, and the
forecast period is from 2018 to 2027. The need
to enhance the passenger experience,
technological
and an in aircraft are factors
developments,
increase deliveries expected
to drive the
market. However, the regulatory framework
certification and increase in the overall weight
of aircraft are expected to restrain the growth
of in-flight entertainment connectivity
market. Download PDF Brochure _at_ https//www.market
sandmarkets.com/pdfdownloadNew.asp?id860 The
narrow-body aircraft segment is estimated to lead
the IFEC market in 2018 By aircraft type, the
narrow-body aircraft segment is estimated to lead
the in-flight entertainment connectivity
market in 2018. 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. The IFE Content segment
is estimated to grow at the highest CAGR during
the forecast period IFE content. Content is
expected to be the fastest-growing segment of
in-flight entertainment connectivity market
during the forecast period. Most airline
operators are working on improving connectivity
to provide passengers with the Internet access
onboard. Airlines are using technologies such as
ATG or satellite, which include L-band, Ka-band,
and Ku-band for better connectivity. These bands
help airline operators provide passengers with
services such as content streaming, e-mail, and
others. The IFEC market in Asia Pacific is
projected to grow at the highest CAGR during the
forecast period and North America is expected to
lead the IFEC market
2
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 regulations and
policies, innovative business models, and the
development of aircraft with new technologies.
Based on region, North America is estimated to
lead the IFEC market in 2018. Some of the major
aircraft manufacturers, such as Boeing (US),
Bombardier (Canada), Lockheed Martin (US), Bell
Helicopter (US), and Sikorsky Aircraft (US),
among others are based in this region, and they
generate a huge demand for In-flight
Entertainment (IFE). Key Players in IFEC
Market Major companies profiled in the report
include Panasonic Avionics (US), Thales Group
(France), Rockwell Collins (US), Gogo LLC (US),
Honeywell International (US), Zodiac Aerospace
(France), and Global Eagle Entertainment (US),
among others. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id860 About MarketsandMarkets Marketsan
dMarkets provides quantified B2B research on
30,000 high growth niche opportunities/threats
which will impact 70 to 80 of worldwide
companies revenues. Currently servicing 7500
customers worldwide including 80 of global
Fortune 1000 companies as clients. Almost 75,000
top officers across eight industries worldwide
approach MarketsandMarkets for their painpoints
around revenues decisions. MarketsandMarketss
flagship competitive intelligence and market
research platform, "Knowledgestore" connects
over 200,000 markets and entire value chains for
deeper understanding of the unmet insights along
with market sizing and forecasts of niche
markets. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441
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