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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Aircraft Communication System Market to exceed $2.9bn by 2025.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Aircraft Communication System Market to exceed $2.9bn by 2025."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Aircraft Communication System Market to exceed $2.9bn by 2025

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Introduction of new aircrafts with a focus on reducing weight and incorporation of advanced avionics are boosting the aircraft communication system market over the study timeframe. Increasing requirements for efficient transmission technologies enabling safer air travel across destinations are accelerating the aircraft communication system market growth over the coming years.  Proliferating military budget across the globe along with modernization of conventional air carrier fleet with advanced avionics are further accelerating the aircraft communication system market share over the study timeframe.  Based on product, high frequency will witness significant gains in the aircraft communication system marketplace. The superior transmission of signals for facilitating direct long-distance signal transmission along with improved transfer of data over shore areas are supporting the segment growth over the study timeframe. Key Insights from aircraft communication system market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Continued… The requirement for constant transmission of signal from air carriers to ground air traffic control for maintaining the flight during the course of its journey are supporting the segment share over the study timeframe. Moreover, the availability of a multiple range of antennas with varied size and transmission capabilities based on the flight application further supports the aircraft communication system market share over the study timeframe. Commercial air carrier will witness prominent growth in the aircraft communication system marketplace. Proliferating air carrier production across the globe owing to rising air passenger traffic are boosting the segment growth over the study timeframe. For instance, in 2018, Airbus SE deliveries rose to 800 commercial aircrafts with an increase of 11% as compared to 2017. Growing adoption of low- cost carriers along with improving regional connectivity are escalating the industry size over the study timeframe.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report Aircraft communication system market@ https://www.gminsights.com/industry-analysis/aircraft-communication-system- market https://www.gminsights.com/industry-analysis/aircraft-communication-system- market Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2329

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com China Aircraft Communication System Market, By Component, 2018 & 2025, (USD Million)

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com L3 Technologies Iridium Communications Inc Harris Corporation Honeywell Aerospace Raytheon and Rockwell Collins Northrop Grumman Corporation Major Companies in aircraft communication system market :

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry Coverage

8 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Europe aircraft communication system market share will witness robust growth owing to government initiatives on precautionary measures on accidents along with stringent regulations on air carrier inspection & safety. Increasing adoption of advanced technologies to enhance travel safety and avert air carrier accidents will propel the industry demand over the projected timeframe. Regional Insights in aircraft communication system market:

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