Global Connected Aircraft Market Size By Type(Solutions, Systems), By Application(Military, Commercial), By Connectivity(Air-to-air Ground Connectivity, Air-to-Ground Connectivity), By Geographic Scope And Forecast

Connected Aircraft Market Size and Forecast

Connected Aircraft Market size was valued at USD 7.45 billion in 2021, it is expected to reach USD 12.42 billion by the end of 2030,  growing at a CAGR of 16.56% from 2023 to 2030.

The Connected Aircraft market is being driven by several factors, including the increasing demand for in-flight connectivity, the need for real-time data analytics, and the growing adoption of IoT devices. The rise of the Internet of Things (IoT) has enabled airlines to gather real-time data on aircraft performance and passenger behavior, leading to improved efficiency and passenger experience. The increasing demand for in-flight entertainment, e-commerce, and communication services has also led to the growth of the market. Additionally, advancements in satellite technology and the development of advanced communication networks are providing further opportunities for the growth of the Connected Aircraft market.

Connected Aircraft Market Definition

The term “connected aircraft market” describes the advancement in science that has made it possible for connection and integration of advanced technology for communication and information to aircraft. In-flight a connection, immediate monitoring and evaluation of aircraft data, as well as improved passenger experiences through various entertainment and communication options, are all provided by the software and hardware components which make up this sector.

The growing need for a better passenger expertise, improved aircraft efficiency, and greater safety and security is what drives the internet-connected aircraft market. Airlines, technology companies, service providers, and others include the industry players that are funding the development of advanced connected aircraft technologies.

Connected Aircraft Market Overview

The COVID-19 epidemic has had an enormous impact on the aviation industry for linked aircraft. The need for related airplane systems has decreased as a result of a decrease in demand for air travel driven on by travel restrictions and lockdowns. The demand for linked airplane components has fallen as a consequence of the global epidemic and the drop in aircraft manufacturing.

Due to an abundance of factors, the connected aircraft market is anticipated to expand swiftly in the years to come. Firstly, market growth is anticipated to be fueled by increasing requests for in-flight entertainment & internet services. The need for fast connectivity has increased primarily a result of the rising use of personal gadgets such smartphones and tablets, and this trend is predicted to continue. Furthermore, the aviation industry’s need for real-time decision-making and data analysis is a factor in the marketplace’s development. By providing real-time data on flight activities, upkeep, and passenger expertise, linked aircraft technology can increase efficiency and reduce expenses.

The connected aircraft market has a lot of room for expansion, but there are a few things that can slow it down. The high cost of adopting linked aircraft technology is one of the key constraints. It’s possible that airlines lack the funding necessary to invest in the cutting-edge technology and equipment needed for connected planes. In the aviation sector, there are also worries about security and data privacy, which could delay the widespread use of connected planes. Regulation barriers and certification procedures required for the incorporation of new technologies into old aircraft are a substantial extra restriction. It may be difficult to realize connected aircraft’s full potential as a result of these constraints delaying their launch.

The market for connected aero planes offers multiple opportunities for expansion in the future. The rising demand on air travel, which is expected to continue growing in the years to come, offers one major opportunity. The market is also anticipated to create as a result of increasing adoption of modern technologies like artificial intelligence (AI), big data analytics, and the web of things (IoT). Further opportunities will likely come from a focus on enhancing the traveler experience and optimizing airline operations through immediate information analysis. Future expansion of the connected aero plane industry is also projected to be aided by the creation of new business models and rising market investments.

Connected Aircraft MarketSegmentation Analysis

The Connected Aircraft Market is segmented by type, application, connectivity, and geography.

Connected Aircraft Market, By Type

• Solutions
• Systems

Systems segment is leading the market. it can be analyzed that the increasing demand for satellite communication is driving growth in this segment.

Connected Aircraft Market, By Application

• Military
• Commercial

The commercial segment is leading the market due to its diverse applications in the global market. however, the military segment is also anticipated to grow more in the forecast period.

Connected Aircraft Market, By Connectivity

• Air-to-air Ground Connectivity
• Air-to-Ground Connectivity
• Inflight Connectivity

Inflight connectivity segment is showing highest growth in this market. this is due to the increasing use of Wi-Fi based services in the flights. Other segments are also expected to grow more in the coming years.

Connected Aircraft Market, By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East Africa

North America is dominating the market and expected to sustain its dominance due to the increasing number of orders for aircraft from different regions.

Key Players

The key players in the Connected Aircraft Market are Panasonic Avionics Corporation, BAE Systems PLC, Viasat Inc., Thales, Anuvu, Collins Aerospace, Kontron, Cobham PLC, GOGO LLC, Honeywell International Inc.

Key Developments

• In May 2021, Thales and Google Cloud Collaborated to provide jointly developed solutions for the aviation industry.
• In February 2021, Panasonic Avionics Corporation declared to launch Wellness Suite that can aid passengers with customized wellness solutions such as yoga sessions, and guided meditation by which their flight experience can be improved.

Report Scope

Top Trending Reports

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the Market based on segmentation involving both economic as well as non-economic factors• Provision of Market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the Market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the Market within each region• Competitive landscape which incorporates the Market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major Market players• The current as well as the future Market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the Market of various perspectives through Porter’s five forces analysis• Provides insight into the Market through Value Chain• Market dynamics scenario, along with growth opportunities of the Market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of anyplease connect with our sales team, who will ensure that your requirements are met.