Connected Aircraft Market Share, Applications, Segmentations & Forecast by 2024

1. Connected Aircraft Market Analysis Report, Growth, Trend, and Forecast, 2017-2024: Global Market Insights, Inc. Fuel Cell Market size worth $25.5bn by 2024

2. Regional Analysis of Connected Aircraft Market : • The U.S. is anticipated to dominate the connected aircraft market owing to the growth in the demand from passengers for in-flight internet access owing to technological advancements and high usage of advanced technology. Asia Pacific is anticipated to witness the largest growth rate during the forecast time span owing to rising urbanization and increase in the disposable income, high travel rate of passengers, and rising popularity of personal electronic devices amongst the population. • Additionally, a substantial number of industry players are investing huge funds in business airlines in this region. The rise in the adoption of hardware for aircraft connectivity augments the connected aircraft market growth.

3. Application Analysis of Connected Aircraft Market: • The connected aircraft market can be segmented by technologies into Ka-band, Ku-band, and air-to-ground. The Ka-band operates in the electromagnetic spectrum in the frequency range of 26.5 to 40 GHz and Ku-band operates in the frequency range of 12 to 18 GHz. Penetration of Ka-band is predicted to be higher as it offers greater throughput than Ku systems, providing faster in-flight Internet access and finding high applications in military and media organizations. • Segmentation of the connected aircraft market by components include Aircraft Condition Monitoring System (ACMS), electronic fleet bag, and Aircraft Communication & Reporting System (ACRS). ACRS and ACMS systems are projected to experience a high CAGR as they assist the crew in flight operation monitoring, improving the efficiency and augmenting the overall customer experience. ACMS systems are used in monitoring the health of the devices and equipment on the plane, satisfying regulatory norms, and reducing risks by streamlining continuous improvement of operations. ACRS systems provide a structural approach to the management of risk and boost safety by enhancing communication.

4. Competitive Market Share of Connected Aircraft Market: • The players operating in the connected aircraft market include Honeywell International, Inc., Panasonic Corporation, SITA OnAir, Thales SA, Kontron AG, Inmarsat plc, Gogo, Inc., Global Eagle Entertainment, Inc., Cobham plc, IBM, Google, Spafax, Apple, and Microsoft. Vendors have adopted business strategies, such as partnerships, mergers, acquisitions, and new product development to get a large hold on the connected aircraft market. • For instance, in March 2015, Gogo, Inc. announced a partnership with Spafax. The partnership was initiated to assist in the development and management of Gogo Vision, a wireless in-flight entertainment service.

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