The Aircraft Communication System Market is poised for a soaring trajectory, projected to reach a remarkable USD 12.8 Billion by 2027, surging from USD 8.2 Billion in 2022, at an impressive CAGR of 9.2%. This growth is fuelled by the aviation industry's unwavering focus on cutting-edge technologies, including IP version 6, UAV communication, and the integration of commercial off-the-shelf (COTS) solutions. The Aircraft Communication System Industry is at the vanguard of a revolution that promises to redefine air communication.
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Advancements in Software-Defined Radio: Elevating the Market
Embracing software-defined radio (SDR) for satellite communication is a pivotal driver in the market's ascent. Aircraft manufacturers are confronted with the challenge of achieving payload flexibility while minimizing system integration complexity and costs. SDR technologies offer a versatile solution, empowering satellite communication devices to function seamlessly within the global communications infrastructure, even during emergencies. With reconfigurable payloads, innovative features, and enhanced capabilities, SDR technologies play a pivotal role in shaping the future of aircraft communication architecture.
Remarkable milestones such as Lockheed Martin's reception of the 1000th AN/ARC-238 SDR from Rohde & Schwarz and the adoption of Leonardo's SWave Airborne SDR SRT-800 in NATO's E-3A Airborne Warning and Control System (AWACS) fleet underscore the growing significance of SDR technologies in the aviation industry.
Navigating Challenges: Unlocking the Radio Spectrum
Limited radio spectrum availability poses challenges in unleashing the full potential of the market. Radio-frequency interference (RFI) from other radio services can compromise the performance of active science sensors while competing users intensify the competition for this valuable and scarce resource. Obtaining licenses for high band frequencies is both time-consuming and cost-intensive, impeding the growth of the aircraft communication system market.
Opportunities in Next-Generation IP Systems
The aviation sector is witnessing a surging demand for next-generation IP systems, owing to their ability to enable secure air-to-ground data communication. The growing applicability of next-generation IP systems amplifies the profitability of IP network providers. Safeguarding air travel operations, next-generation IP systems such as AeroMACS communications ensure safe and efficient flight operations. The shift from high-power single-line contact to low-power mesh systems enhances communication reliability, avoiding single points of failure.
Challenges: Navigating Air Traffic Management
Ensuring safe and efficient air traffic management during peak hours presents a formidable challenge for the aviation industry. The projected surge in air traffic operations demands strategic solutions to address future demands. Aging systems and inadequate maintenance also contribute to the failure of air traffic management (ATM) systems. Mitigating these challenges is vital to maintaining secure and seamless air travel operations.
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Regional Outlook
The Asia Pacific region is expected to experience the highest CAGR of 13.1% from 2022 to 2027. Regulatory changes, legacy system modernization, and collaboration among key players drive the growth of the aircraft communication system market in this region.
The Aircraft Communication System Market is charting a course for unprecedented growth, driven by technological breakthroughs and an increasing appetite for next-generation IP systems. Overcoming challenges related to the radio spectrum and air traffic management is key to fully unlocking the market's potential. Leading industry players such as Elbit Systems, L3Harris Technologies, Thales Group, Collins Aerospace, Northrop Grumman, and Raytheon Intelligence and Space are steering this dynamic market toward new heights. As the aviation industry continues to evolve, the aircraft communication system market will play a pivotal role in connecting the skies and defining the future of seamless air travel for generations to come.
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The global ''aircraft communication systems'' market is likely to gain impetus from the introduction to various state-of-the-art technologies by renowned organizations.
This information is put forward by Fortune Business Insights™ in a recently published report, titled, “Aircraft Communication System Market Size, Share and Global Trend 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 till 2026.” The report further mentions that the aircraft communication system market size was USD 915.5 million in 2018 is projected to reach USD 1,688.0 million by 2026, exhibiting a CAGR of 7.95% during the forecast period.Highlights of This ReportElaborate information about the aircraft communication system market trends, obstacles, and growth drivers.Detailed research on the companies operating in the market and the strategies adopted by them to surge sales.In-depth data regarding all the segments in the market.Information on the competitive landscape, including new product launches, collaborations, partnerships, investments, mergers and acquisitions.COVID-19 Impact Analysis:The emergence of COVID-19 has brought the world to a standstill.
Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.Study Period: 2016-2027 Base Year: 2019 Forecast Period: 2020-2027 Historical Period: 2016-2018Fortune Business Insights™ presents a list of all the organizations present in the aircraft communication system market.
They are as follows:Cobham PlcGeneral Dynamics CorporationThales GroupHarris CorporationHoneywell International Inc.Iridium Communications Inc.L3 Technologies, Inc.Lockheed Martin CorporationNorthrop Grumman Systems CorporationRaytheon CompanyRohde & Schwarz GmbH & Co KGUnited Technologies CompanyViasat, Inc.Other prominent companiesDrivers & Restraints-Increasing Number of Aircraft Deliveries to Propel GrowthThe number of aircraft deliveries is upsurging day by day, which, in turn, is boosting the aircraft communication system market growth.
Airbus S.A.S., for instance, announced that it is planning to deliver around 863 commercial jets by the end of 2019.
The audio integrating system segment is set to showcase considerable growth stoked by their usage in integrating audio from cockpit services.Aircraft Communication System Market report Focus on:Extensive product offeringsCustomer research servicesRobust research methodologyComprehensive reportsLatest technological developmentsValue chain analysisPotential Market opportunitiesGrowth dynamicsQuality assurancePost-sales supportRegular report updatesReasons to Purchase this Report:Comprehensive analysis of the market growth drivers, obstacles, opportunities, and other related challenges.Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.Identifies market restraints and boosters.Identifies all the possible segments present in the market to aid organizations in strategic business planning.
The Aircraft Communication System Market is likely to gain impetus from the introduction to various state-of-the-art technologies by renowned organizations.
This information is put forward by Fortune Business Insights™ in a recently published report, titled, “Aircraft Communication System Market Size, Share and Global Trend 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 till 2026.”Get Sample PDF Brochure with Impact of COVID19:https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/aircraft-communication-system-market-102541The report further mentions that the aircraft communication system market size was USD 915.5 million in 2018 is projected to reach USD 1,688.0 million by 2026, exhibiting a CAGR of 7.95% during the forecast period.
Highlights of This ReportElaborate information about the aircraft communication system market trends, obstacles, and growth drivers.Detailed research on the companies operating in the market and the strategies adopted by them to surge sales.In-depth data regarding all the segments in the market.Information on the competitive landscape, including new product launches, collaborations, partnerships, investments, mergers and acquisitions.Drivers & Restraints-Increasing Number of Aircraft Deliveries to Propel GrowthThe number of aircraft deliveries is upsurging day by day, which, in turn, is boosting the aircraft communication system market growth.
Airbus S.A.S., for instance, announced that it is planning to deliver around 863 commercial jets by the end of 2019.
Amongst these, North America held USD 340.5 million in terms of aircraft communication system market revenue in 2018 and it would lead throughout the forecast period.
Coupled with this, supportive aviation policy from the governments of several countries and rising number of investments by private companies would skyrocket demand in this region.Competitive Landscape-Key Players Focus on Signing Contracts to Gain Competitive Edge The market is highly fragmented and hence, is competitive.
The growing requirement for earth-watching services for tiny aircraft in various industries such as oil and gas, energy, agriculture, and military worldwide is the main driving force behind the market development.
The signals are amplified and returned to the surface antenna of the Earth.
Another significant component in aircraft communication is the increased infrastructure for communication technologies in rural areas (SATCOM).
Artificial aircraft transmit data in the form of sounds, pictures, and videos to and from single or numerous places throughout the world.In addition, there are other breakthroughs in both the military and commercial communication aircraft, such as the expansion of tiny aircraft, the launch of reusable rocket vehicles, and low terrestrial rolling orbit (LEO).
Increasingly essential to military activities world widely is military aircraft communications.
The Military SATCOM providers are improving aircraft communication capabilities such as personal communications services, global broadcast service, and bandwidth frequencies to meet the military requirements of the next few years with the combination of commercial communication aircraft and military frequency bands.Companies increasingly employ aircraft communication to system market obtain operational data to increase efficiency and implement sustainable management methods.
