Aircraft Communication Market Report: Trends, Forecast and Competitive Analysis to 2030

Aircraft Communication Trends and Forecast

The future of the global aircraft communication market looks promising with opportunities in the audio integrating system, communication radio, and radio tuning system markets. The global aircraft communication market is expected to reach an estimated $9.2 billion by 2030 with a CAGR of 9.6% from 2024 to 2030. The major drivers for this market are rising popularity for satellite-based navigation systems and increasing number of air traffic.

A more than 150-page report is developed to help in your business decisions.

Aircraft Communication by Segment

The study includes a forecast for the global aircraft communication by connectivity, system, and region.

Aircraft Communication Market by Connectivity [Shipment Analysis by Value from 2018 to 2030]:

• SATCOM
• High Frequency
• Very High Frequency
• Ultra-High Frequency
• Data Link Communication
• Others

Aircraft Communication Market by System [Shipment Analysis by Value from 2018 to 2030]:

• Audio Integrating Systems
• Communication Radios
• Radio Tuning Systems
• Others

Aircraft Communication Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Aircraft Communication Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aircraft communication companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aircraft communication companies profiled in this report include-

• Raytheon
• Northrop Grumman Systems
• Lockheed Martin
• Rohde & Schwarz
• General Dynamics
• Viasat
• United Technologies
• L3 Technologies
• Harris
• Honeywell

Aircraft Communication Market Insights

Lucintel forecasts that SATCOM will remain the largest segment over the forecast period due to its usage among aircraft to communicate with ground stations and other aircraft anywhere in the world.

North America will remain the largest region over the forecast period due to rising number of air travelers and presence of key players in the region.

Features of the Global Aircraft Communication Market

Market Size Estimates: Aircraft communication market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Aircraft communication market size by connectivity, system, and region in terms of value ($B).

Regional Analysis: Aircraft communication market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different connectivities, systems, and regions for the aircraft communication market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aircraft communication market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the aircraft communication market size?

Answer: The global aircraft communication market is expected to reach an estimated $9.2 billion by 2030.

Q2. What is the growth forecast for aircraft communication market?

Answer: The global aircraft communication market is expected to grow with a CAGR of 9.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the aircraft communication market?

Answer: The major drivers for this market are rising popularity for satellite-based navigation systems and increasing number of air traffic.

Q4. What are the major segments for aircraft communication market?

Answer: The future of the aircraft communication market looks promising with opportunities in the audio integrating system, communication radio, and radio tuning system markets.

Q5. Who are the key aircraft communication market companies?

Answer: Some of the key aircraft communication companies are as follows:

• Raytheon
• Northrop Grumman Systems
• Lockheed Martin
• Rohde & Schwarz
• General Dynamics
• Viasat
• United Technologies
• L3 Technologies
• Harris
• Honeywell

Q6. Which aircraft communication market segment will be the largest in future?

Answer: Lucintel forecasts that SATCOM will remain the largest segment over the forecast period due to its usage among aircraft to communicate with ground stations and other aircraft anywhere in the world.

Q7. In aircraft communication market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to rising number of air travelers and presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the aircraft communication market by connectivity (SATCOM, high frequency, very high frequency, ultra-high frequency, data link communication, and others), system (audio integrating systems, communication radios, radio tuning systems, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?