Stratview Research announces the launch of the Aircraft Communication System market report which aims to deliver comprehensive information on the market by considering several aspects of market research and analysis such as market size valuations, market dynamics, positioning and segmentation, competitive landscaping, and opportunity analysis.

Market Insights-

The aircraft communication system market was estimated at USD 2.3 billion in 2021 and is likely to rebound at an impressive CAGR of 6.3% during 2021-2026 to reach USD 3.2 billion in 2026.

Market Highlights

Aircraft operation hugely depends on efficient communication from aircraft to the ground, aircraft to aircraft, and ground to aircraft. All aerial vehicles including helicopters and unmanned aerial vehicles need an efficient communication system in order to operate flawlessly. A basic communication system involves the transmission and reception of voice and/or data in the form of electromagnetic waves. Communication is carried out in several frequencies allocated by the International Telecommunications Union (ITU). This spectrum of frequencies ranges from 30 kHz to 30,000 kHz and is divided into bands for convenience.

Over the years, increasing aircraft traffic has given rise to the emergence of new aircraft: A320neo, A220, A350XWB, B737 Max, and B787, which generate four times more aircraft and engine data as compared to older gen. aircraft, posing a mid-to-long-term risk of congestion. This presents the market stakeholders with an opportunity in disguise, to fulfill the unmet needs of the market.

Aircraft communication system account for ~20% share of the total avionics equipment market. With increasing ACARS volume and rapidly evolving customer needs, there have been ceaseless developments in the communication systems market ranging from wireless communication equipment to surging use of data link and SATCOM-based communications.

Though the market efficiently dodged the B737max grounding debacle in 2019, the rapid spread of the pandemic in 2020 hit the market like a bolt out of the blue, bringing in sudden changes in the business, and disconcerting the entire industry.

Nevertheless, the long-term scenario still seems lucrative, backed by strong industry fundamentals coupled with the stakeholders’ unmatched ability to strive through the crisis. 

Other key factors fueling the growth of the market, in the long run, are-

• rebounding commercial aircraft fleet size,
• aging aircraft fleet size,
• increasing aircraft and engine ACARS data,
• rapidly evolving requirements and system upgrades.

Report Insights:

The report focuses on market based on demographics, geography, features, and volume, among other things, and determines the most appealing segments and sub-segments. The segmentation has been based on the fact that it will not only help businesses save time, money, and other resources, but it will also allow businesses to learn more about their target audience in order to adapt campaigns and gain market share and income.

The report on Aircraft Communication Systems by Stratview Research helps clients in discovering the simplest opportunities to achieve success within the market with effective methods of research used while formulating the market report.

Based on the platform type, the market is segmented as commercial aircraft, military aircraft, and government aircraft. As commercial aircraft face a momentary hurdle due to the pandemic, the military aircraft segment is likely to remain relatively unflinching. Early signs of healing are discernible – The lift of FAA’s B737max grounding order (Nov. 2020) and Airbus’ highest delivery figures (Oct. 2020), since before the onset of the pandemic. The commercial aircraft segment to fuel the market in the long term, logging the fastest recovery, owing to strong order backlogs of 12,498 (Airbus: 7,377 and Boeing: 5,121) aircraft as of October 2020.

Based on the aircraft type, we have segmented the market as manned aircraft and unmanned aircraft. Manned aircraft are expected to remain the dominant segment in the market, whereas unmanned aircraft to heal at a faster pace during the forecast period. Several new policies and procedures by the FAA are underway to address and accommodate the growing need for unmanned aircraft in civil aerospace, creating a pool of opportunities within the unmanned aircraft segment in the long run.

All regions are anticipated to mark grave declines in 2020. With the strong presence of leading players, North America and Europe are expected to hold the largest chunk of the market during the forecast period. The USA is likely to assert an undeniable dominance globally. Asia-Pacific is expected to take the fastest path towards healing, with the highest long-term CAGR, rapidly moving uphill in the long term. Other key factors likely to cause a stir in the region’s market are the opening of assembly plants of Boeing and Airbus in China and the upcoming indigenous aircraft program (C919). India is the new growth engine, actively developing policies to welcome companies willing to move away from China.

Customization of the Report:

With this detailed report, Stratview Research also offers customization options to its clients to meet their requirements. Please connect with our sales team at sales@stratviewresearch.com. You can also get in touch with us on (+1-313-307-4176) to share your research requirements.

What we do:

Stratview Research is one of the leading global Market Research agencies helping clients tract the ever-evolving market scenarios through customised and syndicated reports. Our reports include both quantitative and qualitative market data, gathered with the help of our across-the-board and reliable secondary sources and our in-depth interviews with the key players within the market. Our market valuations, derived from primary and secondary research, keep our clients informed about major market trends, opportunities, and challenges that may help or hamper their growth prospects in the industry.