Stratview Research has published a new research report on the ‘Aircraft Communication System Market’. This report covers the top regions countries of the world and shows a region-wise development status, including market size, shares, revenue, opportunities, and strategies to enhance growth across the globe. This report provides a 5-year pre-historic and future forecast for the segment and a comprehensive overview of the global market size.

Aircraft Communication System Market: Report Highlights

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

What is an aircraft communication system?

An aircraft communication system is a system used to facilitate communication between the crew and the ground, other aircraft, and air traffic control using components like radios, antennas, transceivers, etc. The communication system allows pilots to receive and transmit important information during all phases of the flight.

The aircraft communication system uses various frequencies and protocols, such as Very High Frequency (VHF), and High Frequency (HF) to enable communication over short and long distances ensuring safe and efficient air traffic management. The system is highly regulated and must meet stringent safety and performance standards to ensure the safety of all involved.

Market Dynamics

The aircraft communication system market is bolstered by several factors. Here are a few key drivers:

• Growing demand for new aircraft: Boeing foresees demand for 41,000 new airplanes by 2041, and Airbus predicts emerging economies to represent 50% of new-aircraft demand over the next 20 years. Such increasing numbers are driving the need for advanced communication systems to improve safety and efficiency.
• Increasing Air Traffic: According to IATA, international traffic reached 152.7% of the 2021 levels in 2022. As air traffic continues to grow, communication systems need to be more efficient to handle the increased demand for aircraft communications.
• Technological Advancements: Advances in technology are driving the development of more advanced communication systems, such as satellite-based communication, which offer improved performance and reliability.
• Government Regulations: Government regulations regarding safety and performance standards for aircraft communication systems are driving the need for more advanced and reliable communication systems.
• Cost Savings: Advanced communication systems can provide cost savings for airlines by improving operational efficiency, and safety, and reducing delays. For instance, Inmarsat's SB-S system can reduce airlines’ overall communication costs while improving safety, efficiency, and reliability. Also, the service can reduce operational costs and increase efficiency by eliminating the need for expensive hardware and software installations.

Market Segments’ Analysis

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.

Key Players

The supply chain of this market comprises raw material manufacturers, distributors, and users. Some of the key players in the Aircraft Communication System Market are-

• Honeywell International, Inc.
• Cobham plc.
• Collins Aerospace (Rockwell Collins)
• L3Harris Technologies, Inc.
• Thales Group, etc

Why invest in this report?

The report provides critical insights into the market dynamics and enables strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints,
• Market Trend and Forecast Analysis
• Market segment trend and Forecast
• Competitive landscape and dynamics: Market share, Product portfolio, new product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Key success factors

Custom Research:

Stratview Research also offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to -

Stratview Research

E-mail: [email protected]

Direct: +1-313-307-4176

About Stratview Research:

Stratview Research is a trusted global market intelligence and strategic consulting firm providing an inclusive range of services to multiple clients across a wide array of industries. The team of veterans and analysts have extensive experience in executing custom research projects for mid-sized to fortune companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, and more.