Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 11.99 Billion | USD 33.38 Billion | 10.8% | 2023 |
The global Connected Aircraft market size was worth around USD 11.99 billion in 2023 and is predicted to grow to around USD 33.38 billion by 2032 with a compound annual growth rate (CAGR) of roughly 10.8% between 2024 and 2032.
The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Connected Aircraft market on a global and regional level.
Connected systems help the aircraft operators in enhancing operational proficiency, raising passenger comfort, and increasing crew experience. Moreover, the presence of connected technology in aircraft helps the pilots in communicating real-time information with the land stations along with getting data about aircraft that are near to it. Apparently, escalating use of data management systems in commercial airlines, defense activities, and ground base stations will favorably enhance the popularity of connected aircraft over the forecast timeline.
Massive requirement for in-flight connectivity has given a way to satellite connectivity, and this is anticipated to propel the expansion of connected aircraft industry over the forecast timespan. Furthermore, technological breakthroughs in SATCOM domain and demand for on-ground software & on-board software for real-time communications as well as information collection for aircraft will proliferate the expansion of connected aircraft market in the years to come. Nonetheless, these techniques are prone to cyber-attacks and this is a key aspect restricting the acceptance of connected technologies in commercial & military aircraft, thereby hindering the business space.
Furthermore, humungous popularity of lightweight & portable entertainment equipment are expected to create lucrative growth avenues for the connected aircraft industry over the projected timeframe. In addition to this, huge focus on improving the comfort of the passengers along with minimizing the work pressure of crew members & pilot is likely to translate into large-scale growth of commercial aircraft market in the years ahead.
The global connected aircraft market is bifurcated on the basis of type, systems, solutions, aircraft type, connectivity, application, frequency band, and regional analysis.
Based on the type, the market is divided into systems and solutions.
Based on the systems, the market is divided into data management systems, satellite communication systems, and others.
Based on the solutions, the market is divided into flight management, fuel monitoring, aircraft monitoring & communication, electronic flight bags, passenger & crew connectivity, and others.
Based on the aircraft type, the market is divided into rotary-wing and fixed-wing. Based on the connectivity, the market is divided into air-to-ground, in-flight, and aircraft-to-aircraft.
Based on the application, the market is divided into military and commercial.
On the basis of the frequency band, the market is categorized into L-Band, Ku-Band, and Ka-Band.
Report Attributes | Report Details |
---|---|
Report Name | Connected Aircraft Market |
Market Size in 2023 | USD 11.99 Billion |
Market Forecast in 2032 | USD 33.38 Billion |
Growth Rate | CAGR of 10.8% |
Number of Pages | 110 |
Key Companies Covered | S&T AG, Panasonic Avionics Corporation, Honeywell International Inc, BAE Systems PLC, Viasat Inc, Airbus SAS, Gogo Inc, Inmarsat PLC, Global Eagle Entertainment Inc, Cobham PLC, SITA, Thales Group, Apple Aviation, and IBM Corporation. |
Segments Covered | By type, By systems, By solutions, By aircraft type, By connectivity, By application, By frequency band and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The expansion of connected aircraft industry in North American sub-continent over 2024-2032 can be credited to massive commercial use of connected aircraft techniques in the region. In addition to this, connected aircraft have gained acceptance in the defense sector in the U.S. and this will further escalate the regional market size in the years ahead. Additionally, aircraft producers & connectivity providers in the subcontinent are constantly highlighting on providing strong techniques for deterring cyber-threats and this will further drive the connected aircraft market trends.
Major participants profiled in the study include:
By Type:
By Systems:
By Solutions:
By Aircraft Type:
By Connectivity:
By Aplication:
By Frequency Band:
By Region
FrequentlyAsked Questions
Key factors driving the Connected Aircraft Market expansion include increasing demand for in-flight connectivity and entertainment, advancements in satellite communication technologies, and the growing focus on enhancing operational efficiency and passenger experience.
According to study, the Connected Aircraft Market size was worth around USD 11.99 billion in 2023 and is predicted to grow to around USD 33.38 billion by 2032, is set to grow at a CAGR of nearly 10.8% during the period from 2024-2032.
North America has been leading the Connected Aircraft Market and is anticipated to continue on the dominant position in the years to come.
The key players profiled in the report include S&T AG, Panasonic Avionics Corporation, Honeywell International Inc., BAE Systems PLC, Viasat Inc., Airbus SAS, Gogo Inc., Inmarsat PLC, Global Eagle Entertainment Inc., Cobham PLC, SITA, Thales Group, Apple Aviation, and IBM Corporation.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed