Asia-Pacific connected aircraft market is expected to grow at double digit CAGR during the forecast period on account of growing demand from air passengers and increasing procurement of new generation aircraft and need to upgrade the existing connectivity systems to more efficient ones. Connected aircraft are also used for capturing real-time data by integrating data centric architectures into modern aircraft. Aircraft work as node
Asia-Pacific connected aircraft market can be segmented based on type, aircraft type, application, connectivity, frequency band and entertainment system. Based on type, the market can be segmented into systems and solutions. Factors such as increasing passenger traffic and growing demand for inflight connectivity are anticipated to contribute to the leading share of solutions segment during forecast period. Based on the connectivity, the market can be classified into inflight, aircraft-to-ground and aircraft-to-aircraft. Inflight segment is poised to grow at the highest rate during the forecast period on account of growing demand for high-speed connectivity in commercial aircraft. On the basis of frequency band, the market can be segmented into Ka band, Ku band and L band. Ku band is forecast to register strong growth in the forthcoming years due to its capability to transmit high-speed data.
In terms of regional analysis, Asia-Pacific connected aircraft market has been segmented into China, India, Japan, Singapore, Australia and Malaysia. Developing economies such as China and India are expected to witness significant growth on the back of increasing air traffic and presence of major commercial aircraft manufacturers in the region.
Major companies operating in Asia-Pacific connected aircraft market recorded high sale volumes in the 2018 financial year and the trend is likely to continue during forecast period as well. List of major players operating in the region include
Years considered for this report
Historical Years2014-2017
Base Year2018
Estimated Year2019
Forecast Period2020–2024
Objective of the Study
- To analyze and forecast the market size of Asia-Pacific connected
aircraft market.
- To classify and forecast Asia-Pacific connected aircraft market based
on type, aircraft type, application, connectivity, frequency band,
entertainment systems and country.
- To identify drivers and challenges for Asia-Pacific connected
aircraft market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Asia-Pacific connected
aircraft market.
- To conduct pricing analysis for Asia-Pacific connected aircraft
market.
- To identify and analyze the profile of leading players operating in
Asia-Pacific connected aircraft market.
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Some of the leading players in
MIR performed both primary as well as exhaustive secondary research for this study. Initially, MIR sourced a list of leading manufacturers across the globe. Subsequently, MIR conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, MIR could include the manufacturers which could not be identified due to the limitations of secondary research. MIR analyzed the service offerings, distribution channels and presence of all major players operating in
MIR calculated the market size of
Key Target Audience
- Aircraft manufacturers and other stakeholders
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
connected aircraft market
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as connected aircraft manufacturers, distributors and other stakeholders. The report would enable the stakeholders in strategizing investments and capitalizing on emerging market opportunities.