Press release
Aircraft Communication System Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
The aircraft communication system market is projected to grow from USD 8.2 billion in 2022 to USD 12.8 billion by 2027, at a CAGR of 9.2% from 2022 to 2027. The demand for Iris SATCOM and data links such as L-DACS to meet the need of various types of aircraft communications is driven by the rising demand for internet protocol (IP) based broadband. Additionally, it is also anticipated that during the forecast period, the use of commercial off the shelf technology in aircraft communication systems would boost the markets growth globally.
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The eVTOL/eSTOL segment is projected to lead the aircraft communication system market during the forecast period.
The eVTOL/eSTOL segment is projected to lead the aircraft communication system market during the forecast period based on platform. The increased research in wireless communications for eVTOL/eSTOL is driving the growth of this segment.
The SATCOM segment is projected to lead the aircraft communication system market during the forecast period.
Based on Connectivity, the SATCOM segment of the aircraft communication system market is expected to grow at a higher rate in the forecast period. Need for better connectivity between aircraft and ground stations and need for uninterrupted satellite communication to drive the SATCOM segment in aircraft communication system market
The Transponders segment is projected to have the largest share in the aircraft communication system market in 2022.
The transponders segment of the aircraft communication system market is expected to have the largest share in 2022. Need for better communication during emergency situations the transponders segment in the aircraft communication system is growing.
North America is projected to have the largest share during the forecasted period.
The aircraft communication system market in North America is accounted to have largest share during the forecast period. The growth of this segment is attributed to increased growth of air passenger traffic leading to increase in number of new aircraft deliveries and due to presence of leading aircraft communication system manufacturers.
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Major companies profiled in the aircraft communication system market report are L3Harris Technologies (US), Thales Group (France), Collins Aerospace (US), Elbit Systems (Israel), and Honeywell International Inc. (US)
News also Covered: https://www.prnewswire.com/news-releases/aircraft-communication-system-market-worth-12-8-billion-by-2027--exclusive-report-by-marketsandmarkets-301623025.html
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=108393837
The eVTOL/eSTOL segment is projected to lead the aircraft communication system market during the forecast period.
The eVTOL/eSTOL segment is projected to lead the aircraft communication system market during the forecast period based on platform. The increased research in wireless communications for eVTOL/eSTOL is driving the growth of this segment.
The SATCOM segment is projected to lead the aircraft communication system market during the forecast period.
Based on Connectivity, the SATCOM segment of the aircraft communication system market is expected to grow at a higher rate in the forecast period. Need for better connectivity between aircraft and ground stations and need for uninterrupted satellite communication to drive the SATCOM segment in aircraft communication system market
The Transponders segment is projected to have the largest share in the aircraft communication system market in 2022.
The transponders segment of the aircraft communication system market is expected to have the largest share in 2022. Need for better communication during emergency situations the transponders segment in the aircraft communication system is growing.
North America is projected to have the largest share during the forecasted period.
The aircraft communication system market in North America is accounted to have largest share during the forecast period. The growth of this segment is attributed to increased growth of air passenger traffic leading to increase in number of new aircraft deliveries and due to presence of leading aircraft communication system manufacturers.
Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=108393837
Major companies profiled in the aircraft communication system market report are L3Harris Technologies (US), Thales Group (France), Collins Aerospace (US), Elbit Systems (Israel), and Honeywell International Inc. (US)
News also Covered: https://www.prnewswire.com/news-releases/aircraft-communication-system-market-worth-12-8-billion-by-2027--exclusive-report-by-marketsandmarkets-301623025.html
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
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