According to Stratistics MRC, the Global Aircraft Communication System Market is accounted for $3.62 billion in 2017 and expected to grow at a CAGR of 12.6% to reach $10.59 billion by 2026.
Gaithersburg, MD, US - June 25, 2018 /MarketersMedia/ —
Increasing demand for satellite-based navigation system, increasing use of the Commercial Off-The-Shelf (COTS) technology and increase in air passenger traffic are driving the market growth. However, issues with radio spectrum and high costs for development are impeding the market growth. Moreover, demand for next-generation IP systems and commercialization of unmanned aerial vehicles (UAVS) surge opportunity for the market to sustain.
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By Product, the SATCOM industry is entering a period of renewed growth in the Government and Military markets. As air traffic continues to grow, and the use of high bandwidth applications continues to accelerate, the demand for satellite capacity is only going to increase. Reduced separation standards are one key benefit. Reliable communication between pilot and controller and route conformance monitoring enabled by Automatic Dependent Surveillance-Contract (ADS-C), longitudinal and lateral separation between aircraft flying in remote oceanic areas can be reduced. This leads to an increase in airspace capacity and allows aircraft to fly more efficient routes, translating into significant fuel savings for a large number of aircraft. SATCOM is critical to supporting the warfighter and additional capacity will be required as new missions evolve, operations expand in new geographical regions.
Based on Aircraft, Military Aircraft equipped with satellite communication (SATCOM) systems will enable advanced Air Traffic Management (ATM) operations over datalink on a global basis. In the event of a military conflict, grounding all air traffic of the opponent might be of strategic importance. From MOSA (Modular Open Systems Architecture) and FACE (Future Airborne Capability Environment) to NextGen and SESAR (next generation ATM US and Europe) to cyber security to unmanned vehicle operations, there is an incredible array of work going on in avionics development that will play a key role in future commercial, military and general aviation flight operations.
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Some of the key players in Global Aircraft Communication System Market are Iridium Communications Inc., L-3 Technologies, Cobham Plc, General Dynamics Corporation, Harris Corporation, Honeywell International Inc, Lockheed Martin, Northrop Grumman Corporation, Raytheon Corporation, Rockwell Collins, Rohde & Schwarz Gmbh & Co. Kg, Thales Group, UTC Aerospace Systems and Viasat Inc.
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Products Covered:
• Desmopressin
• VHF/UHF/L-Band
• HF Communication
• Data Link
• SATCOM
• Other Products
Aircrafts Covered:
• Military Aircraft
• Helicopters
• Spacecraft
• Commercial Aircraft
Components Covered:
• Transponders
• Transceivers
• Antennas
• Transmitters
• Receivers
• Displays & Processors
• Other Components
Distribution Channels Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Contact Info:
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Email: info@strategymrc.com
Organization: Stratistics Market Research Consulting Pvt Ltd
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Source: MarketersMedia
Release ID: 364789
