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The global aircraft communication system market size is projected to reach USD 1,688.0 million by 2026. It is set to gain traction from the emergence of 5G technology in aviation. It plays a significant role in making the in-flight internet connectivity more efficient. Besides, the high demand for novel Ku antennas is set to affect the market positively in the coming years. Fortune Business Insights™ published this information in a recent report, titled, “Aircraft Communication System Market Size, Share and Industry Analysis By Connectivity (SATCOM HF, VHF, UHF, and Data Link Communication) By System (Audio Integrating System, Communication Radios, Radio Tuning System, Cockpit Voice Recorder, and Static Dischargers) By Component (Antenna, Transponder, Receiver, Transmitter, Transceiver, Display & Processor, and Others), By Platform (Fixed-Wing, Rotary-Wing), By Distribution Channel (OEM, Aftermarket) and Regional Forecast 2019 to 2026.” The report further mentions that the market stood at USD 915.5 million in 2018. However, it is likely to exhibit a CAGR of 7.95% during the forecast period between 2019 to 2026.
Cobham Launches Aircraft Audio Management Products Called Titan
In January 2020, Cobham plc, a manufacturing company based in the U.K., unveiled its latest series of aircraft audio management products named Titan. It will be used in light to medium fixed-wing and rotary aircraft. This new range of products would aid agencies, such as fire and medical evacuation and police to undertake complex missions by using small aircraft.
Titan is equipped with the company’s cutting-edge digital audio communications system. It is aimed at aircraft such as Cessna Caravan and Airbus H125. It creates a wide range of configurability, consisting of lowering the need for multiple part numbers being certified on the aircraft, talk groups and warning access, configurable front panel, as well as restricted transmission capability. Also, Titan will feature Bluetooth connectivity, further helping the crew to receive telephone calls.
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High Demand for Software-defined Radio to Drive Growth
In today’s technology-driven world, the usage of software-defined radio (SDR) is upsurging constantly. It is a type of hardware that is applied in radio communication. They are efficient in performing radio operations in the aircraft computing platforms. Apart from that, they allow hassle-free decoding of the received radio signal and deliver highly accurate data to the pilot regarding the aircraft operations. Hence, their high demand is expected to spur the aircraft communication system market growth during the forthcoming years. However, several issues associated with the availability of radio spectrum from the regulating authorities may hamper market growth.
Key Players Aim to Invest Huge Sums in Launching Novel Products
The market houses a large number of small, medium, and big companies that are mainly focusing on following all the latest aircraft communication system market trends. With the help of those trends, they are either investing huge sums in introducing state-of-the-art products in the market, or are striving to achieve new contracts from other organizations to supply those technologically advanced products.
Fortune Business Insights™ presents a list of all the organizations operating in the aircraft communication (ACARS) market. They are as follows:
Noteworthy Industry Development:
Further Report Findings-
The aircraft communication system market can be segmented in the following way:
Value (USD Million)
By Distribution Channel