Aircraft Communication System Market Forecast (2024-2031)
The Aircraft Communication System Market size is projected to reach US$ 16.77 billion by 2031 from US$ 8.61 billion in 2023. The market is expected to register a CAGR of 8.7% in 2023–2031. The growing demand for real-time information, data exchange and connectivity are acting as a major driving factor for the aircraft communication system market globally. The increasing adoption of high-end communication systems such as SATCOM enhances the passenger experience and air traffic management which is also acting as a major driving factor for the aircraft communication system market globally.
Aircraft Communication System Market Analysis
Aircraft communication systems are primarily leveraged for data exchange, voice transmission, real-time information exchange and reception between aircraft to aircraft or ground base. The aircraft communication systems enhance the experience of satellite-based navigation surveillance which is positively impacting the growth of the aircraft communication market. Mostly, aircraft communication market vendors implement advanced technologies such as air traffic management through wireless communication technologies and high-speed connectivity trajectories. These major aircraft communication systems providers invest significantly in their research and development activities to fabricate technologically enhanced communication systems for military and commercial fleets, which is anticipated to propel the development of the aircraft communication system market over the forecast period.
Aircraft Communication System Market Overview
The technological advancement of aviation electronics, communication infrastructure, management control systems highly impacts the development of the aircraft communication market. Aircraft communication has substantially decreased the instances of airborne accidents and enhanced the communication network in times of emergency. Further, the upward trend of satellite-driven navigation systems in order to lower flight time and complexities in air traffic management is also anticipated to boost the growth of the aircraft communication system market.
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Aircraft Communication System Market: Strategic Insights
Aircraft Communication System Market
-
CAGR (2023 - 2031)
8.7%
-
Market Size 2023
US$ 8.61 Billion
-
Market Size 2031
US$ 16.77 Billion
Market Dynamics
GROWTH DRIVERS
- Growing Adoption of Satellite Communication is Expected to be the Prime Driver for the Aircraft Communication System Market
FUTURE TRENDS
- Growing investment in high end IP based communication systems
OPPORTUNITIES
- Growing Airline Spending on Aircraft Communication Systems
Key Players
- Honeywell International Inc
- Northrop Grumman Corporation
- General Dynamic Corporation
- L3Harris Technologies Inc
- Cobham Plc
- Thales Group
- Collins Aerospace
- Viasat Inc
- Elbit Systems Ltd.
- Airbus S
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- VHF/UHF/HF Radios
- Data Links
- SATCOM
Components
- Antennas
- Transponders
- Transceivers
- Displays & Processors
Aircraft Type
- Commercial Aircraft
- Military Aircraft
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Aircraft Communication System Market: Strategic Insights
-
CAGR (2023 - 2031)8.7% -
Market Size 2023
US$ 8.61 Billion -
Market Size 2031
US$ 16.77 Billion
Market Dynamics
- Growing Adoption of Satellite Communication is Expected to be the Prime Driver for the Aircraft Communication System Market
- Growing investment in high end IP based communication systems
- Growing Airline Spending on Aircraft Communication Systems
Key Players
- Honeywell International Inc
- Northrop Grumman Corporation
- General Dynamic Corporation
- L3Harris Technologies Inc
- Cobham Plc
- Thales Group
- Collins Aerospace
- Viasat Inc
- Elbit Systems Ltd.
- Airbus S
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- VHF/UHF/HF Radios
- Data Links
- SATCOM
- Antennas
- Transponders
- Transceivers
- Displays & Processors
- Commercial Aircraft
- Military Aircraft
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Aircraft Communication System Market Drivers and Opportunities
Growing Adoption of Satellite Communication is Expected to be the Prime Driver for the Aircraft Communication System Market
The growing technological advancement in the aviation industry is boosting the application of satellite-based communication infrastructure. The proliferation of software-defined radio for establishing satellite communication networks is acting as a major driver for the aircraft communication system market. The satellite communication infrastructure involves a wide array of network technologies for convenient and smooth connectivity services between fleet and ground staff. The flexibility and high-speed connectivity are driving the demand for satellite communication systems which is acting as a major driving factor for the aircraft communication system market globally.
Growing Airline Spending on Aircraft Communication Systems
The aircraft companies are focusing on integrating high-end communication systems for better operational management. The high-end aircraft communication systems help in establishing a proper connection between aircraft and ground base conveniently in time of emergency. Additionally, it also reduces the risk of aircraft casualties. Exchanging real-time data related to flight timings, position, condition, and control are major attributes of aircraft communication systems. In terms of commercial aircraft, communication between the pilot and ground staff is crucial at the time of take-off and landing. Additionally, military or defense aircraft also exchange crucial information related to missions, such as target position, fuel status, fleet location, and critical mission-driven information. The growing importance of communication networks in the aviation sector is anticipated to propel the growth of the aircraft communication system market over the forecast period.
Aircraft Communication System Market Report Segmentation Analysis
Key segments that contributed to the derivation of the aircraft communication system market analysis are type, components, and aircraft type.
- Based on the type, the aircraft communication system market has been divided into VHF/UHF/HF Radios, data links, and SATCOM. The VHF/UHF/HF Radios segment held a larger market share in 2023.
- In terms of components, the market has been segmented into antennas, transponders, transceivers, and displays & processors. The transponders segment dominated the market in 2023.
- In terms of aircraft type, the market has been segmented into commercial aircraft and military aircraft. The commercial segments dominated the market in 2023.
Aircraft Communication System Market Share Analysis by Geography
The geographic scope of the Aircraft Communication System Market report is mainly divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America led the aircraft communication system market in 2023. The North America region includes the US, Canada, and Mexico. High investment in advanced technologies and wireless connectivity for the airline sector is acting as a major driver for the market. The high presence of airlines and major aircraft communication system manufacturers is also driving the growth of the aircraft communication system market in North America. Increasing research and development activities in the aviation sector for enhancing the features of commercial and defense aircraft for more enhanced communication infrastructure is driving the growth of the aircraft commercial system market in North America.
Aircraft Communication System Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 8.61 Billion |
Market Size by 2031 | US$ 16.77 Billion |
Global CAGR (2023 - 2031) | 8.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Aircraft Communication System Market News and Recent Developments
The Aircraft Communication System Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for aircraft communication systems market and strategies:
- On August 2023, Northrop Grumman Corporation, in collaboration with the U.S. Air Force, completed an integrated airborne mission transfer (IAMT) demonstration with the B-2 Spirit at Whiteman Air Force Base. (Source: Northrop Grumman Corporation, Press Release/Company Website/Newsletter)
- On April 2024, Thales Group acquired Cobham Aerospace Communications to strengthen its foothold in safety cockpit communications. (Source: Thales Group, Press Release/Company Website/Newsletter)
Aircraft Communication System Market Report Coverage and Deliverables
The “Aircraft Communication System Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles with SWOT analysis
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Components, and Aircraft Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.