The "Global Aircraft Antenna Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global aircraft antenna market to grow at a CAGR of close to 7% by 2022.
The aviation industry is undergoing a technological revolution to improve flight efficiency and productivity in order to deliver a more enjoyable, comfortable, and safer experience for consumers.
In-flight connectivity is one of the most important parts of flights that deliver an entertaining experience for passengers. In-flight entertainment systems have evolved into sophisticated seat-back computers loaded with multimedia content or wireless setups that stream content to the smartphone or tablet of a flyer. Therefore, the emergence of in-flight connectivity is boosting the requirement and growth of the aircraft antenna market.
Procurement of new generation aircrafts
The increase in air travel across the world, especially in APAC, is increasing the air traffic, which is ultimately rising the need to procure new generation aircraft. Many airlines are striving to capitalize on the growing demand for new generation aircraft and have devised their fleet upgrade plans. This is expected to boost the growth of the aircraft antenna market.
Design and maintenance complexities
The advent of advanced communication, navigation, and information systems has resulted in an increase in the number of antenna installations on an aircraft. The multiple connectivity options signify greater complexity and increase the possibility for the failure of an electronic system. Such uncertainties and associated maintenance complexities are expected to hinder the growth of the aircraft antenna market.
Competitive Landscape
With the presence of a considerable number of companies, this market appears to be fragmented and the competitive environment is getting intense with all companies focusing on improving their market position. Companies in the aircraft antenna market are focusing on procuring new generation aircraft owing to the increasing air traffic and growing air travelers worldwide.
Market Trends
Key Players
Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Application
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/tcpf96/global_aircraft?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20181211005660/en/
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Topics: Aircraft