Aircraft communication systems market worth $12.8 billion by 2027, at a CAGR of 9.2%
“Aircraft Communication Systems Market”
Aircraft Communication Systems Market is expected to reach USD 12.8 Billion by 2027, from USD 8.2 Billion in 2022, to grow at a CAGR of 9.2% from 2022 to 2027
The report “Aircraft Communication Systems Market by Connectivity (SATCOM, VHF/UHF/L-Band, HF and Datalink), Fit (Line Fit, Modernization), Platform (Fixed Wing, Rotary Wing, Drones and eVTOL/ eSTOL), Component and Region – Global Forecast to 2027“The Aircraft Communication Systems Market is expected to grow from USD 8.2 billion in 2022 to USD 12.8 billion by 2027, growing at a CAGR of 9.2% from 2022 to 2027. Demand for Iris SATCOM and of data links such as L-DACS to meet the The need for various types of aerial communications is driven by the growing demand for Internet Protocol (IP)-based broadband.In addition, it is also expected that during of the forecast period, the use of standard commercial technology in aircraft communication systems would drive the growth of the market globally.
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Browse 257 market data tables and 67 figures spread across 285 pages and a detailed table of contents at “Aircraft Communication Systems Market by Component and Region – Global Forecast to 2027” View Detailed TOC Here –
The eVTOL/eSTOL segment is expected to dominate the aircraft communication systems market over the forecast period.
The eVTOL/eSTOL segment is expected to dominate the aircraft communication systems market over the forecast period based on the platform. Increased research in wireless communications for eVTOL/eSTOL is driving the growth of this segment.
SATCOM segment is expected to dominate the aircraft communication systems market over the forecast period.
On the basis of connectivity, the SATCOM segment of the aircraft communication system market is expected to grow at a higher rate during the forecast period. Need for better connectivity between aircraft and ground stations and need for uninterrupted satellite communication to drive SATCOM segment in aircraft communication system market
The transponder segment is expected to hold the largest share of the aircraft communication systems market in 2022.
The transponder segment of aircraft communication system market is expected to have the largest share in 2022. The need for better communication in emergency situations, the transponder segment in aircraft communication system is growing.
North America is expected to have the largest share during the forecast period.
The North America aircraft communication systems market is expected to hold the largest share during the forecast period. The growth of this segment is attributed to the increased growth in air passenger traffic resulting in an increase in the number of new aircraft deliveries and the presence of major manufacturers of aircraft communication systems.
Leading companies profiled in the Aircraft Communication Systems Market report are L3Harris Technologies (US), Thales Group (France), Collins Aerospace (US), Elbit Systems (Israel) and Honeywell International Inc. ( United States).
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