Industry Background:
Connected aircraft has the potential to send and receive the real-time data from ground-based operating systems, that gives the critical information associated with the avionics system in real-time. Aircraft connectivity will generate opportunities in the cockpit for the betterment of real-time decision making and flight-crew operations, and in the cabin to improve the passenger experience. Nose-to-tail, air-to-ground data trade involves the cockpit, cabin, ground crew, pilots, maintenance and repair operations (MROs), passengers, air traffic control, and airline operational control centers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Lonza (Switzerland), Jubilant Life Sciences (India), Vertellus (United States), Brother Enterprises (China), Zhejiang Lanbo Biotechnology (China), Lasons (India), Vanetta (United States), DSM (Netherlands), Tianjin Zhongrui Pharmaceutical (China) and Resonance Specialties (India) |
This growth is primarily driven by High demand of hassle free and high speed online access throughout their journey, Increased need of operational efficiency, Rise in need to improve airline and passenger safety and Grow in number of aircraft deliveries.
Globally, a noticeable market trend is evident Rise in technological innovations in satellite communication
The Aerospace & Defense sector in the North Amercia region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Lonza (Switzerland), Jubilant Life Sciences (India), Vertellus (United States), Brother Enterprises (China), Zhejiang Lanbo Biotechnology (China), Lasons (India), Vanetta (United States), DSM (Netherlands), Tianjin Zhongrui Pharmaceutical (China) and Resonance Specialties (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Connected Aircraft market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Key Developments in the Market:
In 11 August 2022, IBM released IBM Maximo for Aviation 7.6.8.2 interim fix 025. As with all interim fixes, it is cumulative. In addition to the new fixes listed here, all fixes from earlier interim fix releases for this Feature Pack are included.
In May 2019, Honeywell selected Gilat Satellite Networks‘Taurus In-Flight Connectivity (IFC) modem for its JetWave satellite communication system. The Honeywell-Gilat solution will first be deployed in China over China’s High Throughput Satellite (HTS) Ka-band network for both domestic and flights going in-and-out of China, expanding later to additional regions around the globe
Influencing Trend:
Rise in technological innovations in satellite communication, Enhanced passenger experience and Increasing advancement in hardware technologies for aircraft connectivity
Market Growth Drivers:
High demand of hassle free and high speed online access throughout their journey, Increased need of operational efficiency, Rise in need to improve airline and passenger safety and Grow in number of aircraft deliveries
Challenges:
Replacement of traditional data connections and data optimization and High inflight internet cost and privacy issue
Restraints:
Increased cyber security concerns by airlines
Opportunities:
Increased need to upgrade existing connectivity system and improvement in aircraft operational efficiency will offer new opportunities for the market key players
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Connected Aircraft Market
- Analysis about New Entrants in Connected Aircraft Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Connected Aircraft Study Sheds Light on
The Connected Aircraft Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Connected Aircraft industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Connected Aircraft industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.