Connected Aircraft Global Market Report 2024

Description

Connected Aircraft Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on connected aircraft market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
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Where is the largest and fastest growing market for connected aircraft? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The connected aircraft market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Systems, Solutions
2) By Connectivity: Inflight Connectivity, Air-to-Air Connectivity, Air-to-Ground Connectivity
3) By Frequency Band: Ka-band, Ku-band, L-band
4) By Application: Commercial, Military
Companies Mentioned: Honeywell International Inc.; Gogo Inc.; Thales Group; Inmarsat PLC; Collins Aerospace
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Connected aircraft refers to solutions designed to transform modern aviation by integrating satellite components, airplane hardware, airtime connectivity, and on- and off-board apps and services. This integration aims to alter the way people communicate in aviation, providing seamless connections between the aircraft and the ground, increasing flight efficiency, safety, and enhancing the passenger experience.

The primary types of connected aircraft include systems and solutions. Systems support operations such as data management and satellite communication. In the connected aircraft market, systems refer to electronic devices serving various purposes, including bringing fuel, air, and ignition together in an aircraft engine for combustion. These systems encompass basic tracking devices, installed communication devices, and high-capacity multitasking systems. Connectivity types include inflight connectivity, air-to-air connectivity, and air-to-ground connectivity, utilizing frequency bands such as Ka-band, Ku-band, and L-band. These technologies find applications in both commercial and military contexts.

The connected aircraft market research report is one of a series of new reports from The Business Research Company that provides connected aircraft market statistics, including connected aircraft industry global market size, regional shares, competitors with a connected aircraft market share, detailed connected aircraft market segments, market trends and opportunities, and any further data you may need to thrive in the connected aircraft's industry. This connected aircraft market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The connected aircraft market size has grown rapidly in recent years. It will grow from $6.82 billion in 2023 to $7.99 billion in 2024 at a compound annual growth rate (CAGR) of 17.1%. The growth in the historic period can be attributed to the demand for operational efficiency, enhanced safety and situational awareness, the rise in air passenger traffic, efforts toward fuel efficiency and emissions reduction, adherence to government regulations and standards, and the increased complexity of aircraft systems.

The connected aircraft market size is expected to see rapid growth in the next few years. It will grow to $14.45 billion in 2028 at a compound annual growth rate (CAGR) of 16.0%. The growth in the forecast period can be attributed to next-gen air traffic management, the demand for in-flight connectivity, predictive maintenance and health monitoring, smart cabin solutions, integration with ground operations, expansion of urban air mobility (UAM), and green aviation initiatives. Major trends in the forecast period include the rapid adoption of in-flight connectivity, integration of IoT technologies, enhanced aircraft health monitoring, digitalization of cockpit and cabin systems, utilization of data analytics and artificial intelligence (AI), and increased focus on cybersecurity concerns.

The connected aircraft market is poised for growth, driven by the anticipated increase in air passenger travel. The surge in air travel has prompted airline companies to expand their fleets to meet the growing demands of passengers. Notably, data from the International Air Transport Association in February 2023 revealed a significant increase of 64.4% in revenue passenger kilometers (RPKs) in 2022 compared to 2021. International traffic witnessed a remarkable surge of 152.7% during the same period, while domestic traffic increased by 10.9%. This surge in air passenger travel is a key factor propelling the connected aircraft market's growth.

Additionally, the connected aircraft market is expected to benefit from the growing demand for fuel efficiency. The push for fuel efficiency in the aviation sector is driving the adoption of connected aircraft technologies. These technologies aim to enhance operational efficiency, reduce costs, and improve the overall passenger experience. In July 2022, the Energy Information Administration reported a 2% increase in vehicle efficiency in the United States between April 2021 and April 2022. The U.S. Department of Transportation also announced new fuel economy standards in April 2022, projecting an annual 8% increase in fuel efficiency for model years 2024-2025 and 10% for model year 2026. This emphasis on fuel efficiency is a significant driver for the connected aircraft market.

Moreover, technological advancement is a prominent trend in the connected aircraft market, with major companies focusing on developing innovative solutions to strengthen their market position. An example is Universal Avionics, which launched a connectivity ecosystem technology in April 2022, allowing pilots to connect Apple iPads to the flight management system. This technology facilitates two-way communication, data collection, and uploading/downloading of avionics system data, contributing to improved flight analytics and operational optimization.

Furthermore, major players in the connected aircraft market are introducing groundbreaking products, such as cloud-connected cockpit systems. These systems transfer data between ground-based servers and the aircraft cockpit, offering enhanced access to information for pilots and operations personnel. For instance, in October 2021, Honeywell International Inc. unveiled the Honeywell Anthem, a cloud-connected cockpit system providing unprecedented connectivity, an intuitive interface, and scalability for various aircraft types.

In November 2021, Collins Aerospace, a key player in the aerospace industry, acquired FlightAware to bolster its connected aviation solutions. This strategic move aims to turn customer data into value, enhancing efficiency, reducing costs, and providing sustainable connected aviation solutions to customers. FlightAware, the acquired company, is recognized for its expertise in the connected aircraft space.

Major companies operating in the connected aircraft market report are Honeywell International Inc., Gogo Inc., Thales Group, Inmarsat PLC, Collins Aerospace, Viasat Inc., BAE Systems PLC, The Boeing Company, Airbus SE, Bombardier Aviation, Kontron AG, Panasonic Avionics Corporation, Nelco Ltd., Eutelsat S.A., Zodiac Aerospace, L3Harris Technologies, Societe Internationale de Telecommunications Aeronautiques, Global Eagle Entertainment Inc., Cobham Aerospace Communications, Astronics Corporation, SmartSky Networks LLC, Intelsat S.A., Iridium Communications Inc., AeroVironment Inc., Avionica Inc., Satcom Direct Inc., Airspan Networks Inc., Tata SIA Airlines Limited, Gilat Satellite Networks Ltd., Phasor Inc.

North America was the largest region in the connected aircraft market in 2023. North America is expected to be the fastest-growing region in the connected aircraft market report during the forecast period. The regions covered in the connected aircraft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the connected aircraft market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The market includes revenues earned by entities providing real-time information, ground and airborne command information, controlled communication services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12578

1. Executive Summary

2. Connected Aircraft Market Characteristics

3. Connected Aircraft Market Trends And Strategies

4. Connected Aircraft Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Connected Aircraft Market Size and Growth

5.1. Global Connected Aircraft Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Connected Aircraft Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Connected Aircraft Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Connected Aircraft Market Segmentation

6.1. Global Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Systems
Solutions
6.2. Global Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Inflight Connectivity
Air-to-Air Connectivity
Air-to-Ground Connectivity
6.3. Global Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Commercial
Military

7. Connected Aircraft Market Regional And Country Analysis

7.1. Global Connected Aircraft Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Connected Aircraft Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Connected Aircraft Market

8.1. Asia-Pacific Connected Aircraft Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Connected Aircraft Market

9.1. China Connected Aircraft Market Overview
9.2. China Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Connected Aircraft Market

10.1. India Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Connected Aircraft Market

11.1. Japan Connected Aircraft Market Overview
11.2. Japan Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Connected Aircraft Market

12.1. Australia Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Connected Aircraft Market

13.1. Indonesia Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Connected Aircraft Market

14.1. South Korea Connected Aircraft Market Overview
14.2. South Korea Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Connected Aircraft Market

15.1. Western Europe Connected Aircraft Market Overview
15.2. Western Europe Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Connected Aircraft Market

16.1. UK Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Connected Aircraft Market

17.1. Germany Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Connected Aircraft Market

18.1. France Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Connected Aircraft Market

19.1. Italy Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Connected Aircraft Market

20.1. Spain Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Connected Aircraft Market

21.1. Eastern Europe Connected Aircraft Market Overview
21.2. Eastern Europe Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Connected Aircraft Market

22.1. Russia Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Connected Aircraft Market

23.1. North America Connected Aircraft Market Overview
23.2. North America Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Connected Aircraft Market

24.1. USA Connected Aircraft Market Overview
24.2. USA Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Connected Aircraft Market

25.1. Canada Connected Aircraft Market Overview
25.2. Canada Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Connected Aircraft Market

26.1. South America Connected Aircraft Market Overview
26.2. South America Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Connected Aircraft Market

27.1. Brazil Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Connected Aircraft Market

28.1. Middle East Connected Aircraft Market Overview
28.2. Middle East Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Connected Aircraft Market

29.1. Africa Connected Aircraft Market Overview
29.2. Africa Connected Aircraft Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Connected Aircraft Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Connected Aircraft Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Connected Aircraft Market Competitive Landscape And Company Profiles

30.1. Connected Aircraft Market Competitive Landscape
30.2. Connected Aircraft Market Company Profiles
- 30.2.1. Honeywell International Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Gogo Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Thales Group
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Inmarsat plc
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Collins Aerospace
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Connected Aircraft Market Competitive Benchmarking

32. Global Connected Aircraft Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Connected Aircraft Market

34. Connected Aircraft Market Future Outlook and Potential Analysis

34.1 Connected Aircraft Market In 2028 - Countries Offering Most New Opportunities
34.2 Connected Aircraft Market In 2028 - Segments Offering Most New Opportunities
34.3 Connected Aircraft Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer