"We Envision Growth Strategies Most Suited
to Your Business"

Connected Aircraft Market to Reach USD 16.58 Billion by 2029; AVANCE Systems Announces Accomplishment of 1 Million Flights to Celebrate Success

July 18, 2022 | Aerospace & Defense

The global connected aircraft market size was USD 2.89 billion in 2021. The market is expected to grow from USD 3.45 billion in 2022 to USD 16.58 billion by 2029, exhibiting a CAGR of 25.14% during the forecast period.


This information is provided by Fortune Business Insights, in its report, titled, Connected Aircraft Market Size, Share & Industry Analysis, By Type (System and Solutions), By Connectivity (In-flight Connectivity, Air-to-Air Connectivity, and Air-to-Ground Connectivity), By Frequency (Ka-Band, Ku-Band, and L-Band), By Application (Commercial and Military), and Regional Forecast, 2022-2029.”


Influence of Russia-Ukraine War Tragedy on the Aviation Sector



  • During the month-long combat actions, it is projected that Russia may have lost about 25% of its initial attacking force. The war has observed huge amount of Russian military victims.

  • Ukraine outlook: As per the Ukrainian Ministry of Defense, Russia reported to be missing 9 Unmanned Aerial Vehicles (UAVs), 81 aircraft, and 95 helicopters. On 12th March 2022, Russia implored European and the U.S.-based weapons supplies. Conversely, regardless of the action, the European-based weapon contractors are prosperous in delivering weapons through Poland to Ukraine. This assisted the supplies of military equipment and weapons to Ukraine.

  • Russia outlook: According to the investigation, Russia pleaded military equipment and help from China post its conquest on Ukraine. This specifies that Russia has not completely militarized its military operations to sustain an elongated campaign.


China Airlines Refines Inflight Internet


China Airlines’ first Airbus A321neo aircraft engaged in commercial service, offering a refined onboard experience that involves Inmarsat’s high-speed GX Aviation inflight Wi-Fi, permitting passengers to impeccably browse the internet, stream video and audio, shop online, and catch-up with work, all from the luxury of their home.


GX Aviation verified to be popular during the introductory flight from Taoyuan to Hong Kong, with admission offered through the internet ONAIR solution from Inmarsat’s partner SITA, which has also been nominated as connectivity service giver by the Taiwan national carrier.


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/industry-reports/connected-aircraft-market-101954


Surge in Demand for Modernization of Present Connected Aircraft Fleet to Augur Growth


The rise in functional proficiency requirement has generated a great demand to substitute conventional data optimization and data connection systems with more dependable systems. Aircraft are being deployed with aircraft interface devices and wireless electronic flight bags.


The surge in demand for high-speed internet connectivity is attributed numerous applications. However, prime corporations are implementing the SATCOM and broadband as solutions, and thus necessitating substitute speeded transmission module, thereby leading to the connected aircraft market growth.


Prime Corporations Announce Significant Accomplishments to Gain Traction in Revenue


The fundamental players implement numerous tactics to bolster their position in the market as dominating companies. One such crucial strategy is procuring companies to boost the brand value among users. Another essential strategy is periodically unveiling innovative products with a methodical review of the market and its target audience.


Notable Industry Development:



  • March 2020: Gogo Business Aviation's AVANCE systems accomplished a million flights from its launch in August 2017. The company is looking forward to inaugurating sturdy collaboration with prime airlines across the world to offer in-flight connectivity services in the future.


List of Key Players Mentioned in the Report:



  • Anuvu (Global Eagle Entertainment, Inc.) (U.S.)

  • BAE Systems PLC (Netherlands)

  • Cobham PLC (U.K.)

  • Collins Aerospace (Raytheon Technologies) (U.K.)

  • GOGO LLC (U.S.)

  • Honeywell International Inc. (U.S.)

  • Inmarsat Global Limited (U.S.)

  • Kontron (S&T) (U.K.)

  • Panasonic Avionics Corporation (Germany)

  • Thales (U.S.)

  • Viasat, Inc. (France)


Further Report Findings:


North America held the largest connected aircraft market share in 2021. North America market size stood at USD 1.10 billion in 2021. The growth is attributed to the presence of A large number of connected aircraft system and service providers such as Gogo LLC, Viasat, Inc, Collins Aerospace, and others.


Based on connectivity, the market is classified into in-flight connectivity, air-to-air connectivity, and air-to-ground connectivity segment. The in-flight connectivity segment is projected to be the largest segment during the forecast period. The growth is due to the high demand for lightweight vessels.


Table of Segmentation:


















































  ATTRIBUTE



  DETAILS



Study Period



2018-2029



Base Year



2021



Estimated Year



2022



Forecast Period



2022-2029



Historical Period



2018-2020



Unit



Value (USD Billion)



Segmentation



By Type



  • System

  • Solutions



By Connectivity



  • In-Flight Connectivity

  • Air-to-Air Connectivity

  • Air-to-Ground Connectivity



By Frequency



  • Ka-Band

  • Ku-Band

  • L-Band



By Application



  • Commercial

    • Narrow Body

    • Wide Body

    • Business Jet

    • General Aviation Aircraft



  • Military

    • Fighter Aircraft

    • Military Transport Aircraft

    • Military Helicopter





By Geography



  • North America (By Type, Connectivity, Frequency, Application, Region)

    • U.S. (By Type)

    • Canada (By Type)



  • Europe (By Type, Connectivity, Frequency, Application, Region)

    • U.K. (By Type)

    • Germany (By Type)

    • France (By Type)

    • Russia (By Type)

    • Italy (By Type)

    • Rest of Europe (By Type)



  • Asia Pacific (By Type, Connectivity, Frequency, Application, Region)

    • China (By Type)

    • India (By Type)

    • Japan (By Type)

    • Australia (By Type)

    • Rest of Asia Pacific (By Type)



  • Rest of the World (By Type, Connectivity, Frequency, Application, Region)

    • Middle East & Africa (By Type)

    • Latin America (By Type)




Connected Aircraft Market
  • PDF
  • 2021
  • 2018-2020
  • 234

    CHOOSE LICENSE TYPE

  • 4850
    5850
    7850

Our Clients

Toshiba
Hitachi
Hyundai
Pont Europe
Radico
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X