Title: Aircraft Lightning Protection Market to Exceed USD 3.5 Billion by 2024 (2)
1Aircraft Communication System Market to exceed
2.9bn by 2025
2Key Insights from aircraft communication system
market
- 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.
3Continued
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 Latest Research Report Aircraft communication
system market_at_ https//www.gminsights.com/industry
-analysis/aircraft-communication-system-market
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5 China Aircraft Communication System Market, By
Component, 2018 2025, (USD Million)
6Major Companies in aircraft communication system
market
- L3 Technologies
- Iridium Communications Inc
- Harris Corporation
- Honeywell Aerospace
- Raytheon and Rockwell Collins
- Northrop Grumman Corporation
7Industry Coverage
8Regional Insights in aircraft communication
system market
- 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.
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