In 2014, the global aviation segment celebrated 100 years. The primary flight took off in the 1914. The aviation sector, in 100 years has grown more positively in terms of routes, technologies, number of air passengers and services. Moreover, with the efficient developments in the technology, from route one passenger, in the recent time the sector assists 50,000 routes and carriers more than 3 billion passengers across the globe.
However, in the present era, the commercial aircraft sector of the market considered has a superior market share, associated to military aircraft sector. The sophisticated share is principally attributed to the requirement for the connected aircraft technology from commercial airliners. The Inflight connectivity has been a foremost fact of focus for commercial aviation for the past few years, and in the recent past, the airlines begun to adopt these connected aircraft technologies.
According to the report analysis, ‘GOBAL CONNECTED AIRCRAFT MARKET, BY [ENTERTAINMENT SYSTEMS (EMBEDDED IN-FLIGHT, PORTABLE IN-FLIGHT, BYOD), SERVICES (PASSENGER ENTERTAINMENT, PASSENGER CONNECTIVITY, EBUSINESS, INFOTAINMENT, ONBOARD EMERGENCY), CONNECTIVITY TECHNOLOGIES (SWIFT BROADBAND, ATG, ATG4, KU BAND, KA BAND, GTO, 2KU), REGIONS] – TRENDS & FORECAST, 2015-2020’ states that there are several key players which are presently functioning in this sector more actively for leading the fastest market growth and dominating the handsome value of market share across the globe throughout the forecasted period more enormously while decreasing the installation costs with the significant developments in the technology, decreasing the cyber safety concerns and increase the internet connectivity speed includes Panasonic Avionics, Thales Group, Rockwell Collins, Honeywell Aerospace, Global Eagle Entertainment Inc., Eros International Media Limited, Spafax, Stellar Entertainment and several others. Not only has this, many of the potential players in this market are playing an important role for increasing the speed of connectivity while integrating with the IT companies and generating the handsome value or revenue across the globe in the coming years.
Additionally, owing to the significant rise in the global number of passengers airlines fleet size is rising. By 2030, it is predicted that the passenger aircrafts fleet size will be almost double than the existing size. Although, with the passage of time, the competition among the airlines has augmented. They are demanding to establish new distinctive service to fascinate and retain the customer.
Nonetheless, more and more airlines are utilizing advanced data analytics, artificial intelligence and the Industrial Internet of Things to allow connected conservation, flight effectiveness, ground handling, flight scheduling and several others. Now, some of the airlines have even begun growing their seats particularly in the developed markets of the North America and Europe. Besides this, the airlines are also effectively adopting the internet allowed In-flight Entertainment and Connectivity (IFEC) systems.
Few airlines in this market have begun alleging on hourly basis. Such systems are assisting the airlines to healthier serve their customers and generate a long term relationship with the customers. Therefore, in the coming years, it is anticipated that the market of connected aircraft will increase around the globe more positively over the forecasted period.
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Global Connected Aircraft Market
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