Asia Pacific Connected Aircraft Market –
Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023
Brief:
Connected aircraft refers to the
integration of aircraft IT networks with ground systems to establish
connectivity between the aircraft assets, passengers, flight crew, maintenance
crew, and operators. Globally, there is a huge demand for broadband and
satellite-based connectivity as these connectivity technologies are offering a
lot of connecting options to the aircraft operators. The Asia Pacific in-flight
Wi-Fi market is growing at a rapid pace, as the passengers, flight crew
members, and others are demanding onboard Wi-Fi connectivity.
Product
Analysis:
System content providers offer a variety of
passenger entertainment services such as audio and video services-preloaded,
on-demand audio and video services, and games. The in-flight connectivity
services are changing the experience of the passengers and allows the airline
operators to optimize their operations. The connectivity technology allows the
airline operators to provide better connectivity to the passengers, the cabin
crew, the cockpit crew, and the maintenance crew.
Market
Analysis:
Asia Pacific Connected Aircraft Market will
witness a CAGR of 19.5% during the forecast period 2017–2023. The market is
analyzed based on connectivity technologies, services, entertainment systems,
and countries.
Technology
Analysis:
Currently, the aircraft are coming up with
e-enablement that allows the aircraft operators to increase their operational
efficiency by capturing data and provides better transferability of the data.
The connected aircraft are enabled with satellite communications and reporting
systems (ACARS) and aircraft condition monitoring systems (ACMS), which allow
the aircraft to send various types of messages about fuel level and engine
performance. The major connectivity technologies covered in the report are
swift broadband, air to ground (ATG), ATG-4, Ku-band, Ka-band, ground to orbit,
and 2ku, while the ground to orbit will hold a huge market share with a revenue
of $275.8 million by 2023.
Connected aircraft have brought a huge
demand for in-flight entertainment systems that offer entertainment to the
passengers as they can surf the Internet, play games, listen to music, and
watch a movie. Further, the passengers can make calls and send messages by
using the connectivity services provided by the aircraft. Currently, most of
the aircraft operators are hugely investing in connectivity technologies such
as real-time monitoring systems, electronic flight bag (EFB), and communication
systems. The major entertainment systems covered in the report are embedded
in-flight entertainment systems, portable in-flight entertainment systems, and
BYOD, while BYOD is expected to hold a huge market share with a revenue of
$967.4 million by 2023.
Country
Analysis:
China is set to be the leading market
followed by India. Singapore is set to be an attractive emerging market for key
stakeholders in the next 5–6 years. The airline operators are hugely spending
in connected technologies such as satellite communications, Wi-Fi connectivity,
and wireless devices. This has enabled them to utilize the data generated by
operations, such as weather information, maintenance, fuel efficiency level,
and engine performance, which are collected by the connected solutions. The major
countries covered are China, India, Japan, Singapore, ANZ, South Korea,
Malaysia, Indonesia, Vietnam, Thailand, and Others.
Key
Players:
Some of the key players included in the
report are Honeywell Aerospace, Rockwell Collins, Panasonic Avionics Corporation,
Global Eagle, Gogo LLC, and Others.
Competitive
Analysis:
Most of the in-flight connectivity
providers and entertainment system providers are expanding their operations by
investing majorly in the developed and developing countries in Asia Pacific.
Benefits:
Wireless connectivity allows the connected
aircraft players to monitor the breaking systems, fight-to-flight connectivity,
weather condition, and reduce the maintenance cost. It enables the airline
operators to provide advanced Wi-Fi broadband connectivity, which helps them to
provide a better flying experience to the passengers and increase their market.
Several IT vendors are planning to widen their product and services portfolio
by offering huge applications, software, broadband and management services. This
will help them increase their market share in Asia Pacific, thereby resulting
in upgradation of connectivity systems by the airline operators.
The study covers and analyzes the Asia
Pacific connected aircraft market. Bringing out the complete key insights of
the industry, the report aims to provide an opportunity for players to
understand the latest trends, current market scenario, government initiatives,
and technologies related to the market. In addition, it helps the venture
capitalists in understanding the companies better and take informed decisions.
Spanning over 121 pages “Asia
Pacific Connected Aircraft Market - Drivers, Restraints, Opportunities, Trends,
and Forecasts to 2023” report covers Industry Outlook, Report
Outline, Market Snapshot, Market Outlook, Market Characteristics, Services:
Market Size & Analysis, Connectivity Technologies: Market Size and
Analysis, Entertainment Systems: Market Size and Analysis, Countries: Market
Size and Analysis, Vendor Profiles, Global Generalist.
Please visit this link for more details: http://mrr.cm/UKQ
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