In-flight Entertainment & Connectivity Market

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In-flight Entertainment Connectivity Market by
End User (OEM, Aftermarket), Aircraft Type (NBA,
WBA, VLA, Business Jets), Product and Region -
Global Forecast to 2023 According to the latest
market research report "In-flight Entertainment
Connectivity (IFEC) Market by End User (OEM,
Aftermarket), Aircraft Type (NBA, WBA, VLA,
Business Jets), Product (IFE Hardware, IFE
Connectivity, IFE Content), and Region - Global
Forecast to
2023", The
In-flight Connectivity
Entertainment
(IFEC) market is estimated to be USD 5.03
billion in 2018 and is projected to reach USD
7.65 billion by 2023, at a CAGR of 8.72 from
2018 to 2023. The need to enhance the passenger
experience, technological developments, and an
increase in aircraft deliveries are factors
expected to drive the market. Browse 145 market
data Tables and 46 Figures spread through 183
Pages and in-depth TOC on "In-flight
Entertainment Connectivity (IFEC) Market -
Global Forecast to 2023" Early buyers will
receive 10 customization on this report. The OEM
segment of the in-flight entertainment
connectivity market is expected to grow at a
higher CAGR during the forecast period 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 The Narrow-body Aircraft
(NBA) segment is expected to grow at the highest
CAGR during the forecast period 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
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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. The IFE content segment is
expected to grow at the highest CAGR during the
forecast period 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 2023. 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
regulations and policies, innovative business
models, and the development of aircraft with new
technologies. Ask for Sample Report _at_
https//www.marketsandmarkets.com/requestsampleNew
.asp?id860 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). Dont miss out on
business opportunities in In-flight Entertainment
Connectivity (IFEC) Market. Speak to our
analyst and gain crucial industry insights that
will help your business grow. About
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