Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 8.21 Billion | USD 16.78 Billion | 9.40% | 2022 |
The global aircraft communication market size was evaluated at $8.21 billion in 2022 and is slated to hit $16.78 billion by the end of 2030 with a CAGR of nearly 9.40% between 2023 and 2030.
Aircraft communication is a means by which aircraft crew connects with other aircraft as well as personnel on the land for relaying key information. It is used for the seamless operations of aircraft in the air and ground. Furthermore, aircraft communication minimizes the risk of collisions in the air. For the record, aircraft communication makes use of electronic components and various other subsystems. It is an integration of radio tuning systems, static discharges, audio integrating systems, cockpit voice recorders, and communication radios.
A surge in the demand for VHF communication & satellite communication to drive global market trends
The growing use of software-defined radio in aircraft for satellite-based communication has lucratively impacted the expansion of the global aircraft communication market space. With a large number of vendors adopting innovative technologies such as VHF radio systems, air traffic management systems, and wireless communication systems, the market for aircraft communication is likely to gain traction in the next couple of years. The rise in the production and commercialization of drones along with their use in various sectors for monitoring and navigation as well as surveillance has enhanced the popularity of the aircraft communication business globally.
The surge in the focus of key aircraft manufacturers on the use of next-gen systems such as commercial off-the-self, UAV communications, and IP version 6 systems will steer the global aircraft communication market trends. In addition to this, an increase in the investments made by various players in research activities for creating technologically advanced communication tools will augment the growth of the market across the globe. Launching new aircraft services will favorably leverage the expansion of the global market. For instance, in July 2023, Iridium Communications Inc., a key provider of voice & data satellite communications, launched the Iridium Certus® aviation commercial service. The move is aimed at improving the voice & data capabilities of aircraft along with boosting aircraft connectivity.
Growing need for huge funds for installing aircraft communication systems can inhibit the global industry surge by 2030
The need for high capital investments for deploying aircraft communication tools along with huge production costs has impeded the expansion of the aircraft communication industry expansion across the globe. High costs of the systems used in aircraft communication can further restrain the growth of the global industry. For instance, aircraft communication tools comprise aircraft antennas along with advanced audio-integrated systems, and communication radios which are very costly.
Growing popularity of IP systems has created new facets of growth for the global market
A surge in the use of next-gen IP tools will provide new opportunities for growth for the global aircraft communication market. For instance, AeroMacs Communications, a next-gen IP system, is used for ensuring secured flight operations. Apart from this, the rise in the application of next-gen IP tools has enhanced the earnings of IP network service providers. All these aforementioned aspects will generate new horizons of growth for the global market.
Non-availability of proficient air traffic management tools can prove to be a big challenge in the growth trajectory of the global industry
Lack of effective handling of air traffic management during peak moments can prove to be a huge challenge for the global aircraft communication market. For instance, a lack of an efficient air traffic management system can impact the air communication business as these systems are used for monitoring air traffic routinely and offer guidance regarding aircraft movement to pilots and aircraft staff on board.
The global aircraft communication market is sectored into system, connectivity, and region.
In system terms, the global aircraft communication market is segregated into communication radios, audio integrating systems, and radio tuning systems segments. In addition to this, the communication radios segment, which garnered nearly 36% of the global market share in 2022, is anticipated to register the highest gains in the forecasting years. The growth of the segment in the next few years can be due to a surge in the use of communication radios in military & defense aircraft, commercial aircraft, and business aircraft. Reportedly, these products make use of high-frequency and very high-frequency transceivers which are utilized for long-range voice communication activities.
Based on connectivity, the global aircraft communication industry is bifurcated into SATCOM, high-frequency, and very-high-frequency segments. In addition to this, the SATCOM segment, which accounted notably towards the global industry share in 2022, is set to establish segmental dominance in the years to come. The segmental growth over the assessment timeline can be due to a prominent use of satellite-based voice & data communication services in the aviation sector.
Report Attributes | Report Details |
---|---|
Report Name | Aircraft Communication Market Report |
Market Size in 2022 | USD 8.21 Billion |
Market Forecast in 2030 | USD 16.78 Billion |
Growth Rate | CAGR of 9.40% |
Number of Pages | 218 |
Key Companies Covered | SARIA International GmbH, Becker Avionics, Rohde & Schwarz GmbH & Co KG, Cobham Plc, Raytheon Company, L3 Technologies Inc., Northrop Grumman Systems Corporation, Viasat Inc., Lockheed Martin Corporation, Rockwell Collins, CUONICS GmbH, United Technologies Company, Thales Group, General Dynamics Corporation, Elbit System, B&E Antec Company, Harris Corporation, Airbus SE, BAE Systems, Iridium Communications Inc., Elmako GmbH & Co.KG, and Honeywell International Inc. |
Segments Covered | By System, By Connectivity, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is likely to establish a leading position in the global market over 2023-2030
North America, which accounted for half of the global aircraft communication market share in 2022, will be the leading region during the forecast period. Moreover, the growth of the market in the sub-continent can be due to a rise in the number of travelers resulting in a surge in air traffic in countries such as the U.S. Additionally, the presence of key players in the countries such as the U.S. and Canada will enhance the regional market trends. Moreover, strategic alliances between the giant market players in these countries will provide impetus to the regional market surge. For instance, in April 2022, L3 Harries Technologies, a key U.S.-based firm providing commercial & military avionics &next-gen surveillance and navigation products to customers, signed a partnership with OEMServices SAS, a French firm offering maintenance, repair, and logistics support to commercial aircraft, for providing aircraft communication & surveillance systems to end-users. The move will spike the growth of the market in North America.
The European aircraft communication industry is set to register the highest CAGR owing to a rise in the allocation of funds for military aircraft and drones for military operations by countries such as Russia, France, Ukraine, the UK, Italy, Denmark, Spain, and Estonia. In addition to this, a prominent increment in the use of GPS antennae in helicopters in countries such as the UK for bringing proficiency in search and rescue operations will impel the industry expansion in the continent in the years ahead. The rise in the use of UAVs for commercial purposes will boost regional industry growth in the upcoming years.
Aircraft Communication Market: Competitive Space
The global aircraft communication market profiles key players such as:
By System
By Connectivity
FrequentlyAsked Questions
Aircraft communication is a means by which aircraft crew connects with other aircraft as well as personnel on the land for relaying key information.
The global aircraft communication market growth is owing to the rise in the production and commercialization of drones along with their use in various sectors for monitoring and navigation as well as surveillance.
According to a study, the global aircraft communication industry size was $8.21 billion in 2022 and is projected to reach $16.78 billion by the end of 2030.
The global aircraft communication market is anticipated to record a CAGR of nearly 9.40% from 2023 to 2030.
The European aircraft communication industry is set to register the highest CAGR over the forecasting timeline owing to a rise in the allocation of funds for military aircraft and drones for military operations by countries such as Russia, France, Ukraine, the UK, Italy, Denmark, Spain, and Estonia. The rise in the use of UAVs for commercial purposes will boost regional industry growth in the upcoming years.
The global aircraft communication market is led by players such as SARIA International GmbH, Becker Avionics, Rohde & Schwarz GmbH & Co KG, Cobham Plc, Raytheon Company, L3 Technologies, Inc., Northrop Grumman Systems Corporation, Viasat, Inc., Lockheed Martin Corporation, Rockwell Collins, CUONICS GmbH, United Technologies Company, Thales Group, General Dynamics Corporation, Elbit System, B&E Antec Company, Harris Corporation, Airbus SE, BAE Systems, Iridium Communications Inc., Elmako GmbH & Co.KG, and Honeywell International Inc.
The aircraft communication market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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