Aircraft Communication System Market Expected to Rise at A High CAGR, Driving Robust Sales and Revenue till 2026 {{ currentPage ? currentPage.title : "" }}

Stratview Research, a global market intelligence firm, has launched a new research report on Aircraft Communication System Market by Platform Type (Military Aircraft, Commercial Aircraft, and Government Aircraft), by Aircraft Type (Manned Aircraft and Unmanned Aircraft), by Sub-Platform Type (Civil Manned {Large Aircraft, Light Aircraft, Very Large Aircraft, and Helicopter}, Military Manned {Fighter Aircraft, Transport Aircraft, and Helicopter}, and UAV {HALE, MALE, Tactical, Small Tactical, and Nano/Micro/Mini}), by Application Type (Civil Manned {Voice, Datalink, and Emergency}, Military Manned {Voice/Data, Emergency, and Sensor Data}, and UAV {Voice, C2 Datalink, and Sensor Data Downlink}), by End-User Type (OE and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

As per the analysis, the Aircraft Communication System market recorded a massive downturn of 25% YoY in 2020. However, the market is likely to move parallelly with the industry’s rebound and experience a gradual increase in demand from 2021 onwards, taking the market to the pre-pandemic period and translating to sales worth US$ 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.

Companies profiled -

Below given is the list of key players mentioned in the report -

  • Honeywell International, Inc.

  • Cobham plc.

  • Collins Aerospace (Rockwell Collins)

  • L3Harris Technologies, Inc.

  • Thales Group, etc

Market Drivers

Aircraft communication systems 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.

Market evaluation -

The COVID-19 outbreak has adversely affected most of the end-use industries and is still spreading and taking major economies in its grip and has diminished the market conditions. Experts at Stratview Research stay in touch with the key players in the market to keep themselves updated with all the upcoming trends, challenges, market strategies which can be helpful for businesses to survive during this pandemic.

Based on the platform type, Stratview Research has segmented the market 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.

About Stratview Research-

Stratview Research is a global business intelligence firm having a strong and experienced team of industry professionals and research analysts. It has a wide clientele across all the major industries worldwide. Stratview Research currently serves a broad spectrum of industries including but not limited to Energy Chemicals, Advanced Materials, Automotive, and Aerospace. At Stratview, our aim is to build long term relations with our clients through unparalleled service.

Connect with the team –

Call @:  +1-313-307-4176

Mail @:  sales@stratviewresearch.com

 

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